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You Can Still Sell Your House Fast in a Bad Economy

You Can Still Sell Your House Fast in a Bad Economy

The U.S. economy was surging before the COVID-19 pandemic hit in March 2020. However, over the last few months, many homeowners are experiencing the biggest recession since the Great Depression. The economy has impacted jobs, numerous industries, the stock market, and, yes, the housing market. For many homeowners, now may not be a good time to sell their house. 

Regardless of the economy or the housing market, you can always sell your house. True, if you try to sell your house the traditional way – i.e., hire a realtor and list the house on the market – you may not find a buyer right now. A more practical way to sell your house fast is to work with a local home buyer in Cincinnati, Ohio. A local home buyer can buy your house as-is for cash. You avoid realtor commissions, closing costs, and repairs.

The Benefits of Selling Your House in a Bad Economy

There are several advantages of selling your house as-is for cash in a poor economy.

You Can Still Get a Good Price

A bad economy usually creates a buyer’s market. House prices are lower, so buyers can negotiate a better deal. This leaves homeowners in a bad situation where they may get taken advantage of by an aggressive buyer. When you combine a low price with selling costs, the chances of making any profit are small. However, when you work with a local home buyer, you may get a better price for your house minus the selling costs.

You Save Money

What are the costs of selling a house today?

  • Realtor commissions
  • Closing costs
  • Selling fees
  • Repairs and renovations
  • Marketing/showing costs
  • Inspections and appraisals

All these items can add up to thousands of dollars in costs that eat into your profits. When you sell your house fast for cash, you bypass all these costs, making it more possible to sell your house quickly in a bad economy.

You Don’t Wait to Sell Your House

It can take several years for a bad economy or housing market to recover. This means that finding a buyer for your house is an uphill climb. When you sell your house as-is to a local buyer, you can close the deal in as little as seven days and get cash in only a few weeks. Local buyers simplify the process and pay all the closing costs. You simply agree to the asking price, sign the papers, and walk away with no strings attached.

You May Avoid Foreclosure or Bankruptcy

Many people living in a bad economy cannot pay their mortgage or other bills. Some people may choose to file bankruptcy or allow the house to go into foreclosure. If you work with a local home buyer in Cincinnati, you can sell your house quickly. This may help you avoid foreclosure or keep from filing bankruptcy by reducing your debt significantly. 

How to Sell My House Fast for Cash

Neighborhood Enrichment takes the burden out of selling your house the traditional way. If you want to avoid needless repairs, listing & showing costs, and closing costs, then follow our three-step process for a fast cash offer.

1. Contact a Local Cash Home Buyer

We are local home buyers that live in the Cincinnati, Ohio area. Simply call us, and we can schedule a quick visit to your property. Tell us the details of your property and let us assess your house.

2. Get a Fast Cash Offer

If we decide to buy your property, we’ll make a cash offer. Although we do not pay 100 percent of your home’s market value or your asking price, we will make you a fair offer. Plus, you receive cash for your home without all the hassle.

3. Schedule Your Closing Date

If you accept our offer, then we schedule a closing date. You can have cash in your hands in as little as seven days after closing. Plus, we pay all the closing costs! Selling your house for cash has never been easier.

Work with Local Home Buyers in Cincinnati, Oh

If you get a call from an out-of-town home buyer, they may make a quick offer over the phone without even looking at the property. They may also ask you to commit to selling them by asking you to sign a contract. However, out-of-town buyers may make a lower offer on the house after they’ve seen the property, putting you in an awkward situation.

We understand the local market, know the people in the area, and understand the challenges of selling your home. We never make an offer before looking at the property. And, once we make an offer, we stick with it. You work with an honest and straightforward home buyer who makes it as easy as possible for you to get out from under your mortgage or sell your house as-is fast.

Sell My House Fast in Cincinnati, Ohio

If you need to sell your house fast, then contact Neighborhood Enrichment today. We pay 100 percent cash, close in as little as seven days, and help you avoid unnecessary fees. Call us at 513-285-9032 to get a fast cash offer. We are local home buyers in Cincinnati, Ohio.

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I’m Going Through a Divorce and I Need to Sell My House Fast

I’m Going Through a Divorce and I Need to Sell My House Fast

Much of the stress of a divorce comes with trying to figure out what to do with the house. If you and your ex both agree to move out, you’ll need to sell the house. However, if you hire a real estate agent and list your house on the market, it can take several months to find a buyer in today’s unstable market. Plus, you may have to make repairs on the house, pay for an inspection and appraisal, and fork over money for closing costs.

All of this can aggravate an already stressful situation. If you are going through a divorce and want to sell your house fast, you may want to look at alternative options to a traditional sale. Your best option may be to sell your house to a local home buyer in Cincinnati, Ohio, Ohio. A local buyer can look at the property, make a fast cash offer, and close on the sale in as little as seven days. You are free to move on with your life with no strings attached. 

Tips for Selling Your House During a Divorce

Although selling a house during a divorce can be stressful, there are some things you can do to simplify the process. 

Work Out a Solution Before You Begin

Where much of the stress of selling a house comes from is in disagreements between both parties. The process may be hampered by miscommunication or misunderstandings. There may also be money issues or differences over responsibilities. You can sell your house fast and smoothly if you work out any issues with your ex before moving forward. Make sure you address issues such as money, expenses, responsibilities, and timelines.

Have a Plan for Moving Out

Once you decide to sell your house, things start moving quickly. If you work with a local home buyer, you can have a deal wrapped up within a week. So, you need to have a game plan for packing up and moving out. Again, this will require some cooperation between you and your ex. Having a game plan will ease the tension of selling the house.

Sell Your House As-Is to a Local Buyer

Divorces are expensive. It can take you thousands of dollars to hire an attorney, pay court costs, move out, and work out a settlement. Instead of sinking a bunch of money into a house that you will not live in, sell your house as-is to a local home buyer. You pay for repairs, renovations, closing costs, or realtor commissions. You can walk away from the house free and clear.

Why Selling Your House for Cash is Your Best Option

When going through a divorce, you do all you can to make the process as simple and headache-free as possible. This includes how you sell your house. If you go the traditional route and hire a realtor, it can take longer to unload the property. On average, a traditional sale takes 60 to 90 days. That does not include the time you spend renovating the house and the closing process. A For Sale by Owner (FSBO) can take six to 12 months. Do you want it to take that long to sell your house?

You can eliminate the hassle that comes with a traditional sale when you sell your house fast. There are several benefits of a cash sale.

  • You skip all the hassles of listing and preparing your house for a sale.
  • You pay no closing costs and no realtor commissions.
  • You avoid any repairs or renovations to the property.
  • You can close in as little as seven days after our offer.
  • You avoid the emotional stress that comes with staying in the house.

It can be difficult to stay in the house for several months after the divorce. So, if you are ready to sell your house fast, working with one of our local home buyers could be your best option. It can keep an already difficult situation from becoming more stressful. 

When is the Best Time to Sell Your House for Cash?

When you sell your house depends on your current circumstances and how fast you want to get out from underneath your mortgage. There are pros and cons of selling your house before and after your divorce. 

Selling Before the Divorce

There are several benefits to selling your house before you file your divorce papers. One major benefit is that it puts additional cash in your pocket. You may have divorce-related expenses such as moving, putting a deposit on a rental, hiring an attorney, or other transitional costs. Another benefit of selling the house before the divorce is that it makes the divorce process go much easier. It gives you and your ex the opportunity to work out a settlement on the house in advance.

Selling After the Divorce

If you wait to sell your house, the divorce proceedings may go faster. You can work out a settlement with your ex and then sell the house once the process is complete. Waiting to sell the house may provide some stability for your children, who will be affected by the separation. You may also need time to plan the next phase of your life. Staying in the house a little longer gives you that flexibility.

Sell My Tacoma House Fast

If you need to sell your house fast, then contact Neighborhood Enrichment today. We pay 100 percent cash, close in as little as seven days, and help you avoid unnecessary fees. Call us at 513-285-9032 to get a fast cash offer.

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Should I Wait Until COVID-19 Is Over to Sell My House

Should I Wait Until COVID-19 Is Over to Sell My House?

The COVID-19 pandemic may have derailed any plans to sell your house in 2020. Now, you may be wrestling with the idea of moving forward with selling the property or waiting until the pandemic is over. However, if you are like other homeowners, you may be in a situation where you need to sell your house fast to avoid bankruptcy, foreclosure, or a short sale. 

Although selling your home during the coronavirus may seem like a bad idea, you may still be able to get out from underneath your mortgage, get a good price for the property, and move forward with your plans. Instead of going the traditional route and selling your house on the market, a smarter option would be to sell your house as-is to a local home buyer in Cincinnati, Ohio.

5 Reasons You Can Sell Your House Fast During COVID-19

There are several reasons why you can sell your house during the COVID-19 pandemic. 

Reason 1: You Don’t Have to List Your House on the Market

The most common way to sell a house today is to hire a realtor and list the house on the market. This means putting a for sale sign on the front yard and posting your sale in ads or online marketplaces such as Zillow. However, if you need to sell your house fast, you can bypass the market and sell your house to a local home buyer in the Cincinnati area. 

Reason 2: You Don’t Have to Spend Money to Sell Your House

If you sell your house the traditional way, you will likely spend thousands of dollars on realtor commissions, closing costs, inspections, and repairs. However, if you lost your job or you’re having difficulty paying bills due to COVID-19, you may have a hard time raising funds to repair, market, and sell your house. If you work with a local home buyer, you can bypass these expenses and still sell your house as-is. 

Reason 3: You Don’t Have to Depend on Market Trends

The current real estate market is in steady decline as fewer people are buying and selling houses. Under normal conditions, it may take you 60 to 90 days to sell your house the traditional way. However, due to COVID-19, it can take six or more months to find a buyer. You may not have that kind of time. When you sell your house to a local home buyer, you never have to depend on the real estate market. 

Reason 4: You Can Avoid Bankruptcy or Foreclosure

Currently, bankruptcies and foreclosures are skyrocketing due to job loss and the poor economy. Homeowners who took advantage of the CARES Forbearance Act in 2020 are seeing their forbearance period expiring, bringing them one step closer to losing their homes. If you are in this situation, selling your house for cash can help you avoid foreclosure or bankruptcy. 

Reason 5: You May Get a Better Price for Your House

Real estate market values are currently plunging as the market gets worse. If you try to sell your house on the market, you may have to sell it for much less than you had originally planned. If you must make repairs, pay realtor commissions, or pay closing costs, they can eat into your profits. A local home buyer may be able to give you a better offer and help you save money on selling costs.

Work with Local House Buyers in Cincinnati, OH

If you get a call from an out-of-town home buyer, they may make a quick offer over the phone without even looking at the property. They may also ask you to commit to selling them by asking you to sign a contract. However, out-of-town buyers may make a lower offer on the house after they’ve seen the property, putting you in an awkward situation.

We understand the local market, know the people in the area, and understand the challenges of selling your home. We never make an offer before looking at the property. And, once we make an offer, we stick with it. You work with an honest and straightforward home buyer who makes it as easy as possible for you to get out from under your mortgage or sell your house as-is fast. 

Sell My House Fast in Cincinnati, Ohio

If you need to sell your house fast, then contact Neighborhood Enrichment today. We pay 100 percent cash, close in as little as seven days, and help you avoid unnecessary fees. Call us at 513-285-9032 to schedule a quick walkthrough with a local cash home buyer.

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9 Things to Ask Companies That Buy Houses in Cincinnati, Ohio

9 Things to Ask Companies That Buy Houses in Cincinnati, Ohio

If you need to sell your house fast in Cincinnati, Ohio, you may be looking for an alternative to a traditional sale. You may not have enough time or resources to wait 60 to 90 days to find a buyer and close the sale. If so, a better solution may be to sell your house as-is to a company that buys houses in Cincinnati. 

However, you may be unfamiliar with how a home cash sale works. In a nutshell, the professional buyer looks at your house, assesses its value, and makes a fast cash offer. If you accept the offer, you choose the close date, sign the paperwork, and walk away with no strings attached. Chances are you will have some questions about this type of real estate transaction and the process works. 

Below, we cover some of the most common questions from sellers. If you have any further questions, feel free to contact Neighborhood Enrichment. We buy houses as-is in Cincinnati, Ohio.

Question 1: Are you realtors?

This is one of the most common questions we get. The answer is no. We are not realtors. What’s the difference? A realtor takes on the responsibilities of marketing and selling your house. They negotiate with sellers and help you at closing. In exchange, they take a commission of the final sale price. 

By contrast, companies that buy houses work directly with the buyer with no need for a realtor. You don’t have to list or market your house. Plus, you pay no realtor commissions.

Question 2: How much experience do you have buying houses in this area?

Like any other business, professional house buyers must establish credibility with a seller before they ask for their business. A reputable buyer has engaged in dozens of real estate transactions and can provide proof of a successful track record. They typically have a well-established network of partners that includes real estate agents, lenders, contractors, inspectors, and landlords, and other business owners in the area. Ideally, you want to find the most experienced and qualified buyer in your area.

Question 3: Are you local or national?

Yes, this question matters. While local companies may have lots of resources and a huge network, they lack the personal touch and the boots-on-the-ground expertise of your local real estate market. A local buyer will appreciate your market, your situation, and the challenges of selling your house fast in the Cincinnati area. Since they are local, they also have greater accountability and are likely to deal with you honestly.

Question 4: How much will it cost me to sell my house fast in Cincinnati, Ohio?

In most cases, homeowners pay nothing in a cash sale. It ultimately depends on what the buyer and seller agree to. For instance, you may pay a little in closing costs. However, most companies that buy houses pay 100% of the closing costs. In addition, you pay no realtor commissions, no fees, no repairs, and no hidden costs. The buyer typically assumes any applicable expenses. 

Question 5: What if my house is in bad condition? Will I have to make any repairs or upgrades?

No. You sell your house as-is. That means that the buyer agrees to pay for your house as-is regardless of its current condition. You don’t even have to schedule a property inspection or appraisal. Furthermore, the buyer assumes any risk involved if the house is unsafe or outdated. You are not liable for any problems that arise after you sell the house.

Question 6: How quickly can I sell my house?

The purpose of a cash sale is to eliminate the steps that prolong the process so that you can sell your house fast and move on. While there are no guarantees, a company that buys houses can typically close a sale within seven to 21 days. That’s much faster than a traditional sale, which takes 60 to 90 days. You can sell your house when you want without delay.

Question 7: Does my current situation matter?

In extreme cases, there may be a legal precedent that keeps you from selling your house. However, in most cases, your situation should not prevent you from selling your house directly to a buyer. Companies can buy houses in situations such as a new job, military, divorce, probate, foreclosure, bankruptcy, damaged house, vacant house, or rental house.

Question 8: How much can I expect to get for my house?

Numerous variables determine how much the buyer is willing to offer for your property. They look at factors such as the age and condition of the house, your real estate market, the property’s current market value, the purpose of buying the house, or any circumstances that might affect the sale. The goal is to make an offer just under the home’s current market value without lowballing you. 

Question 9: Can I sell my rental house if there are still tenants in it?

You can sell your house legally if there are still tenants in it, as long as the buyer agrees to assume responsibility for the tenants so that you are free to walk away. It doesn’t matter if you have bad tenants or are in the middle of an eviction dispute. You can simply sell the house with no strings attached and move on. The buyer assumes any legal responsibility from that point forward.

Contact Us to Sell Your House Today!

If you are ready to sell your house fast, then now is the time. Neighborhood Enrichment can make an offer and put cash in your hands in as little as seven days. Call 513-285-9032 to get a fast cash offer today.

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How to Sell Your Cincinnati, OH House Fast During Probate

How to Sell Your Cincinnati, OH House Fast During Probate

Few people are prepared to handle the probate process after the death of a loved one. One of the biggest challenges is assessing the deceased’s assets and debts. As an executor, you also need to make sure that your family member’s wishes are carried out according to their wishes. This includes trying to figure out what to do with their house. 

If your loved one has outstanding debt or taxes, you can use the house as leverage to pay these items and close the case. However, you will need to act quickly and sell your inherited house fast. To sell your house quickly, you may want to consider an alternative to a traditional sale. Below, we look at how to sell your inherited house fast during probate.

What is Probate?

Probate is the legal process of determining the validity and intent of a loved one’s will. During probate, you and your family or other beneficiaries must work with the executor of the will, and lawyers involved in the process, to verify who inherits the property. Or you may determine if the house needs to be sold through probate court. 

Probate can be a lengthy, complicated process, but it is a necessary one. However, this process does run a lot smoother when the person leaving it behind also leaves a will. It also runs smoother when all parties decide to work together with minimal disputes.

How Does Probate Work in Ohio?

The Ohio probate process involves seven steps.

Step 1: Filing the Petition

The first step in initiating probate proceedings is filing a petition with the Ohio Superior Court in the county where the deceased resided at the time of her death.  This petition will trigger the court to schedule a hearing in approximately thirty (30) days.

Step 2: Sending Out Notices

After the petition is filed with the court, the notice of hearing will be published a minimum of three times in the local newspaper.  It is also necessary to mail the notice to everyone named in the will (if there was one), along with all legal heirs of the deceased. A notice must also be provided to potential creditors.

Step 3: Proving the Will

If there is a will, it is necessary to “prove” the will unless it qualifies as a “self-proving” will.  In some cases, the will contains specific language and/or an affidavit from everyone signing the will, which makes it unnecessary to prove the validity of the will.    Each state has its own rules regarding whether or not self-proving wills are valid and, if so, how they must be created.

Step 4: Asset Collection

One of the primary duties of the personal representative is to take possession of all of the deceased’s assets, but only those that are subject to probate.  There are some types of estate planning instruments that are not required to go through probate.  If the title of an asset needs to be transferred into someone else’s name, the personal representative must take care of that.  

Step 5: Payments to Creditors

Once the personal representative has provided notice of the death to creditors, those with debts payable by the estate must submit a claim.  If those claims are determined to be valid, they will be paid from the estate.  All valid debts must be paid before other distributions can be made.  This includes all bills, as well as funeral expenses.  Ohio requires creditors to submit their claims within four months of the appointment of the personal representative.

Step 6: Estate Tax Payments

The personal representative is also responsible for making sure all estate taxes are paid, which includes federal estate taxes and state taxes, which the state of Ohio imposes.  In most cases, a personal representative would not be held personally liable for estate taxes, but if the estate has been distributed before the taxes are paid and there isn’t sufficient property left to pay those taxes, personal liability may be imposed.

Step 7: Conclusion of the Estate

The final step is closing the estate.  This final step involves providing an accounting of all actions taken by the personal representative with regard to the estate.  A petition, which summarizes the estate and reports all actions taken on behalf of the state, will be filed with the court. If there are no objections and the court approves the accounting, then an order will be entered by the court concluding the estate.

Can I Sell My House During Probate?

There are no state or federal laws preventing you from selling your house during probate. So, whether you can sell your inherited house during probate is often determined by your situation, the court, and the executor of the will. If the deceased has a considerable amount of debt and taxes, the court may grant you the ability to sell your house fast to settle the debts. 

Keep in mind that you will need to get all beneficiaries on board when selling the house. For instance, there may be a member of the family who wants to keep the house. Therefore, you may experience some resistance. If one party disagrees with the decision, you will have to work out the dispute – possibly with the courts – before moving forward with a cash sale.

Contact Neighborhood Enrichment to Sell Your House

You don’t have to wait to unload your property. If you need to sell your house fast, contact Neighborhood Enrichment. We can look at your property, make an offer, and close in as little as seven days. Call 513-285-9032 and get a fast cash offer.

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Avoid These 4 Options If You Need to Sell Your House Fast

Avoid These 4 Options If You Need to Sell Your House Fast

Not every situation fits nicely into a traditional house sale. You may have circumstances that do not afford you the time or money to hire a realtor, upgrade your property, and find a potential buyer. You may need to sell your house fast to avoid foreclosure or bankruptcy. Or you just got a new job in another town, and you need to get out of your mortgage quickly. 

Whatever your reason for selling, don’t let the pressure of the moment cause you to make a decision that you will regret down the road. There are lots of options for selling your house in Cincinnati, Ohio. For instance, you can sell your house as-is directly to a local buyer in the area. Below, we explore four options you should avoid if you need to sell your house fast.

1. A Traditional House Sale

What is a traditional house sale? You hire a realtor, appraise the house, make repairs, negotiate with potential buyers, and close the sale. While there are some benefits to a traditional sale – mainly that you get help from an agent – there are also some downsides to using this method to sell your house.

First, you’re not likely to sell your house fast. On average, it takes 60 to 90 days to sell your house through a real estate agent. That doesn’t include the time you spend repairing the house and going through a lengthy closing process. Going the traditional route may not solve your problem if you need to unload your property quickly or get out of your mortgage. 

2. For Sale by Owner

Selling your house own your is possible — but it’s rare. Only eight percent of recent sellers choose the FSBO route. It tends to be an option people decide when they already have a buyer lined up. Of those who did go it alone, 51% already knew the buyer of their home before the transaction, and 30% sold their home to a friend, relative, or neighbor. 

If this sounds like you, you could strike up a deal with your buyer with the help of an attorney to draft and finalize the paperwork. Keep in mind, though, that you could sacrifice price by doing this. FSBOs sell for 5.5% less and, in some cases, nearly 6% less than agent-assisted sales. 

3. Auction Sale

Auctioning your home to the highest bidder is a fast and hassle-free alternative to attempting to sell your home by yourself or listing it with a Realtor. A real estate auction involves qualified buyers making offers on your house on-site or online. An auction offers a simple sales process in which you set the terms of the sale. You can also sell your house and close in less than 30 days.

However, there are some serious drawbacks to selling your house at auction. First, there is a stigma associated with auctions. People automatically ask, “What’s wrong with it?”. Plus, you’re at the mercy of buyers who may not bid what you’d hoped to get for the house. Some buyers mistake auction for distressed properties and will automatically dismiss the house or lowball you.

4. Short Sale

A short sale occurs when the mortgage lender agrees to accept a mortgage payoff amount less than you owe to sell the property. The lender may forgive the loan’s remaining balance, giving you the freedom to get out of the mortgage. A short sale can be a way for you and your family to avoid foreclosure or bankruptcy. 

However, a short is not a great solution overall. First, lenders do not always forgive loan balances. They may come after you for the remainder of the mortgage after you sell the house. Second, short sales can have a detrimental effect on your ability to purchase a house anytime soon. This may not be a good option for you if you are trying to start over with a decent credit intact.

What is the Best Way to Sell My House Fast in Cincinnati, Ohio?

If you are trying to unload your property or get out of your mortgage, the best way to resolve your situation is to sell your house as-is for cash directly to a company that buys houses. There are several benefits of selling your house for cash to Neighborhood Enrichment.

Sell Your House Fast As-Is

If you sell your house the traditional way, you may have to wait 60 to 90 days before finding a buyer. We can make an offer within 24 hours and close on the sale in as little as seven days. If you are in a situation where you need to sell your house immediately, we can help.

We Simplify the Process

There is nothing easy about selling your house in the traditional way. You have to list the house, find a realtor, make repairs, and show the house to multiple potential buyers. We eliminate all the steps and create an easier path to selling your house.

You Avoid Selling Expenses

When you go through a realtor, you incur a wide range of expenses, including marketing, repairs, renovations, closing costs, and realtor commissions. It costs you nothing to sell your house to us. You can pocket that money at closing.

We Know the Ohio Market

Neighborhood Enrichment buyers know the local real estate market. We understand the challenges of selling your home and know your property’s real value. We will make you a fair cash offer based on a healthy percentage of your house’s current market value.

Contact Neighborhood Enrichment to Sell Your House Fast

You don’t have to wait to unload your property. If you need to sell your house fast in Cincinnati, Ohio, contact Neighborhood Enrichment. We can look at your property, make an offer, and close in as little as seven days. Call 253-300-2897 and get a fair cash offer.

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Who Is the ‘We’ in ‘We Buy Houses in Cincinnati, Ohio?’

Who Is the ‘We’ in ‘We Buy Houses in Cincinnati, OH’?

If you’re driving down the road and you see a sign that says “We Buy Houses in Cincinnati, Ohio’, you may be wondering who it is that buys houses and how they work with sellers. Are these real estate agents, wholesalers, brokers, investors, or just regular people buying and selling real estate? 

Companies that buy houses in Ohio typically work with sellers who are in situations where they need to sell their houses fast and can’t wait to find a buyer in the market. Sellers are typically in situations such as getting a new job, going through a divorce, or trying to avoid foreclosure and bankruptcy. However, buyers can work with any seller that’s looking for an alternative to a traditional sale. 

Below, we take a closer look at professional local buyers and how they can help you sell your house fast in Cincinnati, Ohio. 

What is a Home Buyer?

Like most people, your first choice for selling your house may be to hire a realtor and list your house on the market. The realtor helps you prepare the house for the sale, markets the property, negotiates with sellers on your behalf, and helps you with closing the sale. They provide a variety of services that make selling your house easier.

A company that buys houses operates differently. Instead of going through the realtor, the buyer works directly with you. They look at the house, assess the market value, make an offer, and close the sale without hiring a realtor. This type of transaction is known as a house cash sale because the buyer offers cash instead of going through a lender. 

What is a House Cash Sale?

A cash sale happens when the buyer offers cash for your house as-is. They agree to buy your house in its current condition regardless of your situation. The buyer makes an offer based on a percentage of your home’s current market value. You make zero repairs. Plus, you pay no closing costs or realtor commissions. You simply sign the paperwork and walk away with no strings attached. 

A cash sale is a great option if you need to sell your house fast. You don’t have to spend time upgrading the property, waiting to find a buyer, or going through a lengthy closing process. You can sell your house quickly and close quickly so that you can move on. A cash sale eliminates all the needless hoops you would otherwise have to jump through in a traditional sale. 

What Are the Benefits of a Cash Sale?

Most home sellers don’t think twice about calling a realtor and listing their property on the market when selling their house. It is the most common way to get from underneath a mortgage or unload a property. However, selling the traditional way is not always the most practical or fastest. There are several benefits of selling your house to a local company that buys houses.

Sell Your House Fast As-Is

If you sell your house the traditional way, you may have to wait 60 to 90 days before finding a buyer. We can make an offer within 24 hours and close on the sale in as little as seven days. If you are in a situation where you need to sell your house immediately, we can help.

We Simplify the Process

There is nothing easy about selling your house in the traditional way. You have to list the house, find a realtor, make repairs, and show the house to multiple potential buyers. We eliminate all the steps and create an easier path to selling your house.

You Avoid Selling Expenses

When you go through a realtor, you incur a wide range of expenses, including marketing, repairs, renovations, closing costs, and realtor commissions. It costs you nothing to sell your house to us. You can pocket that money at closing.

We Know the Ohio  Market

Neighborhood Enrichment buyers know the local real estate market. We understand the challenges of selling your home and know your property’s real value. We will make you a fair cash offer based on a healthy percentage of your house’s current market value.

Contact Neighborhood Enrichment to Sell Your House Fast

You don’t have to wait to unload your property. If you need to sell your house fast in Cincinnati, OH, contact Neighborhood Enrichment. We can look at your property, make an offer, and close in as little as seven days. Call 513-285-9032 to get a fair cash offer.

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Why You Should Compare Options When Selling Your Cincinnati, OH House

Why You Should Compare Options When Selling Your Cincinnati, OH House

If you are getting ready to sell your house in Cincinnati, OH, you’re probably considering a traditional sale where you hire a realtor and list the house on the market. While this is the most common way of selling property, it’s not the only option. If you are in a situation where you need to sell your house fast, a traditional sale may delay your efforts.

When selling a property in Ohio, there are several things to consider, such as your timeline, selling expenses, legal issues, realtor commissions, closing costs, repairs, and the current real estate market. So, if you are looking for an alternative to a traditional sale, you may want to explore other options for selling your house. Below, we look at why you should compare options when selling your home in Cincinnati, OH.

6 Factors to Consider When Selling Your House

1. Your Timeline

Time is always an issue when selling a house. Most people sell a home because of a time-sensitive situation – a new job, military, divorce, foreclosure, bankruptcy, probate, etc. Regardless of your reason for selling your house, you need to consider how much time you have to find a buyer and land the deal. 

2. Repairs and Upgrades

Your house may need to undergo extensive repairs or upgrades before you list it on the market. If your house fails to pass inspection, you will not be able to find a buyer until you make the necessary repairs. Upgrades can cost thousands of dollars that you may not have upfront. Plus, the time and money you spend on repairs may not be worth the effort.

3. Realtor Commissions

Most homeowners are unaware of how much realtors make. On average, realtors make six percent commission on every house they sell. It may not seem like a lot of money until you do the math. For instance, the realtor commission on a house that sells for $200,000 is $12,000. The commission is take off the top of the selling price, which means you lose $12,000 in profits.

4. The Market

The real estate market can significantly impact if, when, and how you sell your house. In a weak market, it can take months to find a buyer and close a sale. Even if the market is strong, multiple variables determine whether you sell your house for the listing price. 

5. Your Situation

Your situation may be the biggest factor in determining whether you sell your property. If you face a legal situation such as probate, bankruptcy, or foreclosure, you may be unable to sell your house the traditional way. Instead, you may need to find a buyer who can buy your house as-is so that you can get out of your property or mortgage right away.

6. Closing Costs

Closing costs can accumulate quickly, taking a large portion of your profits. To sell your house, you may have to agree to pay most or all of the closing costs before the buyer agrees to buy the house. Costs may include an appraisal, inspection, title search, survey, loan payoff fees, attorney fees, transfer taxes, recording fees, or any outstanding taxes owed on the property.

What Are My Options When Selling a House?

Once you decide to sell your house, you have three main options.

1. Hire a Realtor

The route that most people take to sell a house is to hire a realtor and list the house on the market. While it is the most popular choice, it may not be the best option for your situation. A traditional sale typically takes 60 to 90 days. You may need to sell your house right away and cannot wait that long.

2. For Sale by Owner

If you are a motivated seller and have a little bit of business savvy, you may choose a For Sale by Owner (FSBO). You don’t have to pay realtor commissions. However, you assume all responsibilities, which can be time-consuming. Plus, you still pay for all repairs and closing costs. You may not have the time or resources to market and show your house on your own.

3. Sell Your House for Cash

A third option is to sell your house as-is for cash to a company that buys houses in Cincinnati, Ohio. When you work directly with a professional buyer, you eliminate all of the responsibilities and costs of a traditional sale. You pay for no repairs, realtor commissions, or closing costs. Plus, you sell your house when you want. 

Sell Your House As-Is in 3 Easy Steps

You may be wondering, “How do I sell my house fast in Ohio?” We make it easy to get out from underneath your property in just three steps:

Step 1: Contact Us

Call us today or fill out the form, and we will call you to discuss your home. We will schedule a quick walkthrough to assess your property. If our services meet your needs, we will make you a CASH offer within 24 to 48 hours. Do not worry about repairs or cleaning your property. We buy houses in as-is.

Step 2: Receive your Cash Offer

After a quick viewing of your house, we will make a cash offer. Our offers come in at just under the current market value of your property. There is no obligation to sell your house. You have nothing to lose and a more convenient sale of your house to gain. See how much cash you can get for your house!

Step 3: We Pay You Cash

If you accept our offer, we schedule a close date that is convenient for you. In most cases, we can close in as little as seven days. No repairs or cleaning is necessary – simply walk away from your property with cash in hand.

Sell My House Fast in Ohio

Before you contact the realtor or list your house on the market, do not pass up the chance to sell your house as-is for cash. Neighborhood Enrichment is here to help you find the simplest solutions to get cash-in-hand quickly without wasting time and money on repairs and closing costs. We buy houses for cash in Ohio. Call 513-285-9032 today to get a fast cash offer.

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5 Reasons to Sell Your House Fast in Cincinnati, Ohio

5 Reasons to Sell Your House Fast in Cincinnati, Ohio

Selling a home today can be stressful. One of the main reasons for this is that it can take 60 to 90 days to sell a house on the market. That does not include the time you spend preparing to sell the house and closing the sale afterward. While some people can wait that long, you may be in a situation where you need to sell your house as-is in Cincinnati, Ohio, so that you can move on.

Whether you need to sell quickly for a new job, for financial reasons, or because of a personal circumstance, it is possible to sell your house quickly. If you are in a situation where you need to get out from underneath the property or a mortgage, you can sell your house directly to a buyer and close quickly. Below, we look at 5 reasons to sell your house fast in Cincinnati and how you can unload your property in no time.

Reason #1: A New Job

So, you finally landed your dream job. However, there is just one problem: you have to relocate and start your new job right away. It puts you in a position where you need to sell your house right away to move forward in your new position. However, you do not have the time you need to get the house ready to sell. 

Fortunately, you do not have to wait. You can work directly with a buyer to sell your house fast without putting it on the market or hiring a realtor. A cash sale eliminates all the complicated steps of a traditional sale, giving you the freedom to sell your house when you want. That way you can start your new job on time.

Reason #2: Foreclosure or Bankruptcy

Foreclosure and bankruptcy are on the rise. COVID-19 has caused many people to lose their jobs, putting them in danger of foreclosure or bankruptcy. The recent forbearance act has come to an end, making homeowners and renters more vulnerable to eviction. If you are facing foreclosure or bankruptcy, you may be looking for a way to avoid foreclosure.

Since you do not have time to sell your house on the market, a smarter, faster alternative is to sell your house for cash. As long as the foreclosure or bankruptcy process is not complete, you still have time to unload your property and walk away with your credit intact. The buyer can either take over mortgage payments or put enough cash in your pocket to help you pay off the mortgage.

Reason #3: Probate

If you and your family are currently going through probate due to losing a loved one, you may be unsure how to pay off the loved one’s remaining debt and taxes. Furthermore, you have to figure out how to handle all assets and property. Unfortunately, you do not have the resources to pay the debts and taxes. So, you may need to sell your inherited house fast to raise money to pay off the debt.

Instead of making repairs and upgrades to the house, you can sell your inherited property as-is for cash. When you sell the property to a buyer, you can seal the deal in as little as seven to 21 days. This method of selling your house gives you the cash you need to pay off your loved one’s remaining debts and close the probate case. 

Reason #4: Damaged House

Has a recent storm or flood damaged your house? If so, you may be looking at options for selling your house instead of making repairs. The problem is that your house may no longer be sellable due to structural damage that is both costly and unsafe. Competing with other sellers on the market can be an uphill battle.

Fortunately, you don’t have to spend thousands of dollars making necessary repairs or upgrades to the house. It is possible to sell your damaged house as-is directly to the buyer. The buyer agrees to buy your house in its current condition regardless of the damage. You can simply walk away from the house with cash in your hand.

Reason #5: Bad Tenants

Do you have tenants that are not paying rent? Are you having difficulty evicting your tenants due to Ohio state laws? Even if you could get rid of your tenants, you may decide that it’s time to get out of the landlord business altogether. If so, the last thing you want to do is spend a lot of time and money going through a lengthy selling process. 

When you work directly with a buyer, you can sell your rental house fast. Even if tenants still live in the house, you can still legally sell it to a buyer. The buyer, in turn, takes full responsibility for dealing with the tenants once you close the sale. You can simply sell your rental house as-is and move on.

Sell Your House Fast in 3 Easy Steps

Step 1: Contact Us

Call us today and tell us about your property. We will schedule a quick walkthrough of your house. No need to renovate or prepare your home. We buy houses as-is.

Step 2: Get A Cash Offer

If we are interested in buying your property, we’ll make a fair, no-obligation cash offer. We make most offers within 24 to 48 hours. Our offers come in at just under the current value of your house.

Step 3: We Pay Cash For Your House

If you accept our offer, then schedule a closing date that is convenient for you. We pay all closing costs and put cash in your hands in as little as seven days after closing. Selling your house is easy!

Contact Us to Sell Your House Today!

If you are ready to sell your house fast, then now is the time. Neighborhood Enrichment can make an offer and put cash in your hands in as little as seven days. Call 513-285-9032 to get a fast cash offer today.

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How to Sell Your Damaged House Fast After a Natural Disaster in Cincinnati, OH

How to Sell Your Damaged House Fast After a Natural Disaster in Cincinnati, OH

Ohio has three of the top 10 housing markets with the lowest risk for natural disasters. This means that when assessing for common disasters and historical disaster data, three cities in Ohio (Dayton, Akron, and Cincinnati) fare well for risk for natural disasters like hurricanes, forest fires, floods, tornadoes, and earthquakes.

However, severe weather and natural disasters do occur in the Cincinnati area from time to time. When they happen, they can cause extensive damage, leaving homeowners with no choice but to sell their houses and move on. If a natural disaster has damaged your Ohio house, and you need to sell your damaged house fast, read below to learn how to unload your property and move on quickly.

Common Natural Disasters in Ohio

Ohio’s climate may not present the same level of risk as areas such as Florida, Oklahoma, or California. However, the state does experience some natural disasters from time to time. The most common natural disasters in Ohio include

Severe Storms

Spring and summer months are the most common time to see storms and heavy precipitation, accompanied by lightning and strong winds, and hail in some cases. On occasion, a thunderstorm can produce a tornado. Fortunately, severe thunderstorms do not cause massive damage to houses.

Floods

Floods are common in the low-lying areas of Cincinnati, Ohio, and the regions near the rivers. Ohio has experienced several major floods over the past 100 years. Some floods have caused massive damage to houses and commercial properties across Cincinnati. Since floods occur sporadically, it’s difficult to predict when they will strike next on a large scale. 

Tornadoes

Ohio experiences approximately 20 tornadoes each year. For this reason, west Ohio is often included in what has been called Tornado Alley. The Ohio valley can produce F5 tornadoes, which cause extensive property damage. Tornadoes can destroy entire properties, leaving homeowners with no choice but to rebuild or sell their property.

Winter Storms

Being a northern US state that borders one of the Great Lakes makes Ohio vulnerable to extremely cold temperatures and severe snowstorms. Snowfall averages 22 inches annually across the state. Cincinnati ranks the highest with 68.1 inches annually. Lake-effect snow could have a lot to do with it since the cities that lie on the Great Lakes— Lake Eerie in this case— are likely to receive more snow.

How Natural Disasters Affect Properties Values in Cincinnati

Disasters destroy homes and displace residents. As a result, they have a strong effect on the housing market. When residents lose their homes, they need to find a new place to live, and they typically stay within the local area to remain with family, jobs, and their community. This causes an increase in demand for the remaining housing in the area.

As a result of this increased demand for housing, the prices of vacant stock in the surrounding community rise considerably. Both rents and home prices jump about three to six percent between three to six months after the time of a disaster. As the prices of available properties go up, the values of affected prices plummet considerably, making it nearly impossible to sell a house the traditional way in the real estate market.

Should You Repair or Sell Your Damaged House After a Disaster?

After a storm damages your property, you may be left wondering what to do. Is it better to restore your property or try to sell your damaged house? Before deciding what to do with your damaged property, ask yourself these four key questions.

  1. Can you rebuild a home that is sturdier and more disaster-resistant than the old one? 
  2. Can you afford a mortgage and insurance on a rebuilt house in a disaster zone? 
  3. Are neighbors, local businesses, and public services likely to return and rebuild?
  4. Knowing the risk of storm-related damage, will you be able to resell the house at a good price?

The bottom line is this: Is it worth it to rebuild, or should you attempt to sell your damaged house as-is?

How to Sell Your Damaged House Fast in Cincinnati, OH

At Neighborhood Enrichment, we help homeowners in dire situations who need to sell their houses right after a natural disaster. We make it easy to sell your house by eliminating the hassle of a traditional sale. Instead of attempting to sell a damaged house on the market, you can follow these easy steps to unloading your property quickly. 

Step 1: Contact Us

Call us today or fill out the form, and we will call you to discuss your home. We will schedule a quick walkthrough to assess your property. If our services meet your needs, we will make you a CASH offer within 24 to 48 hours. Do not worry about repairs or cleaning your property. We buy houses in as-is.

Step 2: Receive your Cash Offer

After a quick viewing of your house, we will make a cash offer. Our offers come in at just under the current market value of your property. There is no obligation to sell your house. You have nothing to lose and a more convenient sale of your house to gain. See how much cash you can get for your house!

Step 3: We Pay You Cash

If you accept our offer, we schedule a close date that is convenient for you. In most cases, we can close in as little as seven days. No repairs or cleaning is necessary – simply walk away from your property with cash in hand.

Sell My House Fast in Ohio

Before you contact the realtor or list your house on the market, do not pass up the chance to sell your house as-is for cash. Neighborhood Enrichment is here to help you find the simplest solutions to get cash-in-hand quickly without wasting time and money on repairs and closing costs. We buy houses for cash in Ohio. Call 513-285-9032 today to get a fast cash offer.

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