Making the decision to relocate for work is a significant life change, filled with challenges. You’re leaving behind the familiar – your community, favorite spots, friends, and family, not to mention your home. Job-related moves are often inevitable for career growth or transitions. Whether you’re returning to the office or seizing a new opportunity in another city, you’re likely pondering what to do with your house.
Our team understands the complexities involved, and we’ve put together a guide to help you navigate the decision-making process when relocating for your job.
Renting your home can be an appealing option, but it’s not without its challenges. Before taking the leap into becoming a landlord, assess your financial readiness. Managing a rental property, especially from afar, demands financial planning. This includes covering the existing mortgage, property insurance, taxes, and potential repairs.
As a landlord, you’re also responsible for ensuring the property meets safety and habitability standards. Be prepared to address any necessary repairs, from HVAC systems to plumbing issues. Furthermore, keeping the property compliant with local codes is essential.
If the prospect of managing a rental property from a distance seems daunting, selling your home might be a more suitable choice. The good news is that this option is open to everyone, whether you’ve recently purchased the property or still have a mortgage. When it comes to selling, you have three routes to consider:
a. For Sale By Owner (FSBO): Selling your home yourself means taking on the role of the real estate agent. You’ll need to research your home’s value, advertise it, prepare it for sale, and negotiate with potential buyers. This option is time-consuming and requires substantial effort on your part.
b. Sell It with a Real Estate Agent: Collaborating with a real estate agent can ease the process by placing the responsibilities in their hands. They will determine a fair market value, market your home, and handle negotiations. However, this option may take time and incur additional costs, including potential repair expenses and real estate agent commissions.
c. Sell It to a Company That Buys Houses: If you’re seeking a fast and hassle-free “sell my house” solution, consider selling your home for cash to a reputable company that buys houses. This straightforward process provides a cash offer without the need for repairs or closing costs.
If a quick sale is your priority, contact Moe Buys Homes. Our local team can assist you in selling your home rapidly and for cash, ensuring a smooth transition for your job relocation. There’s no need for repairs or cleaning; you can leave it all behind. Reach out to us to begin your home-selling journey!