A home is closely tied to people’s sense of self and identity, creating a sense of belonging. It’s no wonder many people are sad to say goodbye to their homes. But selling the house can be a necessity for some homeowners. You may have to sell it to pay off debts and avoid repossession. Or you may need to relocate to a new city or town. Regardless of the reason, at 412 Houses, we can help sell your house fast in Pittsburgh. As cash home buyers, we have purchased hundreds of properties across the city.
In our experience, here are some of the common reasons people need to release equity in their property
1. An Inherited Property
If you already own a home and don’t want the hassle of maintaining another property, selling an inherited property makes sense. But the probate process can be time-consuming and stressful, especially if your loved one hasn’t left a will. If you have inherited a house with siblings or other relatives, selling the home to split the money makes more sense than dealing with the probate headache.
2. Financial Woes
Homeowners may need to release equity for various reasons. Some people could be going through a tumultuous phase because they’ve lost their job or need money to cover medical expenses. If your parents are unwell and need to sell their house to move into an assisted living facility, we can help. We buy houses in Pittsburgh for cash. We’ll close when you’re ready and settle immediately.
If you’ve failed to pay taxes, the government could put a lien on the property and seize it anytime. You can sell the house to us and transfer the lien. We’ll buy the house and manage the legal challenges of purchasing a home with a lien.
3. Change in Relationships
Marriage and divorce can be life-altering experiences. If both partners own homes, one or both will likely sell their house to move in together. Also, if you are getting a divorce, you may need to sell the house if neither partner can afford mortgage payments with a single salary. Sometimes, selling the home is the best way to move on from a broken marriage.
4. Relocate to a New City
You may have to relocate to a new city or state to start a new job. If the current house is a financial burden, you can contact us to sell the house fast. As cash home buyers in Pittsburgh, we can buy your house in less than 14 days. You can choose when to sell it and move. We’ve even signed rental agreements allowing sellers to stay for some time until they can relocate.
The author manages a real estate investment company. As a leading cash home buyer in Pittsburgh, he helps homeowners get out of a sticky situation by buying their homes for cash and in less than 14 days.