Selling a house in one state and buying in another is daunting. It’s enough to make you give up your dream of living in a new place altogether.
You spend hours upon hours trying to find a buyer just to hit a blank wall. Your current home doesn’t fit your lifestyle anymore. The homes available in the housing market aren’t your style. Relocating to another state is a pretty good idea, but you haven’t the slightest notion of how to sell your house and move to another state.
Believe it or not, there’s a straightforward solution to this problem of selling your house before moving. Home buyers or a real estate investor might be keen on buying your house fast with cash offers, as opposed to waiting on a real estate agent.
All you have to do is find a reliable home buying company who will support you in the process of selling your house – from planning to sell to pricing your home. They can even help you sell quickly at a sale price close to what you have set and with a flexible closing date, too. We’ll cover all the information you need to know for how to sell a home and move out-of-state.
Try To Sell Your Home Before You Move
The ideal is to sell your house quickly so that you are able to buy a house out-of-state before you move. Here are some tips to help you sell your house fast:
Start As Early As Possible, Especially With Repairs
The moment you begin thinking you’re ready to sell your home, you should get started on preparing your home. Consult with contractors and get quotes for repairs. Consider each cost in your final sale price.
Work With An Experienced Realtor
A realtor or a real estate agent will assist you in selling your house and moving out-of-state. Realtors are knowledgeable in what will help your house sell – what features to highlight, what month to sell in, and what price to target. In addition to helping you sell a house to buy another, they can advise you on where to live between buying and selling. They can even connect you with another realtor when you are buying property in another state.
Stage The Home
When selling your home, you want to spruce it up for possible buyers. You want to make sure everything is tidy for daily viewings.
Price The House Competitively
The worst-case scenario is moving out-of-state before your house has sold. You don’t want to move to another state when you have unfinished business. Transacting from a distance can be complicated.
To ensure your success in selling a house and moving out of state, you need to strike a balance between including the cost of everything you’ve put into your home and setting an attractive sale price. Avoid selling at a loss and settling for less than the actual market value of your house.
Look Into a Rent-Back Agreement
One of the things to know before moving to another state is that you don’t have to move out of your newly-sold home immediately. Usually, you will be given about ten days after closing the sale to pack up and go. You may have a rent-back agreement and pay rent to the brand new owner while planning your next move. You can also use this time to complete repairs you might have committed to finishing.
How To Sell Your Home After You’ve Moved
We mentioned that moving out-of-state before selling a house might be an ordeal. Perhaps you have missed your timelines and need to move quickly for work or other personal reasons. A cash home buyer or an investor can help you successfully move out-of-state as scheduled by making a fast cash offer on your home. Avoid having to stage your home, work with a real estate agent, and spend money on costly repairs. Sell your house as-is and move on to your new life.
Finding Your New Home
So you were able to sell your house and move to another state. You checked when is the best time to move out of state and ticked all the right boxes. The next item on the agenda: find a place to live.
Find A Realtor ASAP
Skip the guessing game and reach out to a real estate agent before moving to another state. You want to contact someone who understands your target area well and has verifiable experience. They will do the legwork so you won’t be overwhelmed with options, and you can focus on choosing a home that will fit your needs.
Figure Out Financing
Along with having a realtor ready, financing (and its paperwork) is something you also need to sort out before moving to another state. If you haven’t sold your house, see if you can get pre-approved in a new state. The ultimate goal is to not have to pay two mortgages and use the sale of your previous home to buy your new home.
If your home in your new state is almost ready, you need only temporary accommodations. Websites like Furnished Finder or Airbnb can help you in your relocation by giving you options for furnished rentals. You may also negotiate rates when you meet your host, saving you thousands.
Maybe you aren’t quite ready to move from one house to another and are considering an apartment complex as an alternative. Consider consulting a realtor for suggestions based on neighborhoods you’re interested in. Apartment complexes can offer 3, 6 or 12 month leases depending on your needs.
Ready To Sell And Move?
There’s a lot to think about when selling your house and moving to another state. We recommend learning as much as you can about the area you’re relocating to, and relying on help from local professionals in both states.
Take comfort in the assistance of a realtor or a home buying company as they help you plan and execute the sale of your property. Know your limits and never take on plans outside of your comfort zone. Avoid stress and cut your losses as you embark on your next adventure with Assemble Houston.