Relocating? Here’s What to Do With Your House.
Dec 02, 2022 | Hometown Development
In a crazy job market, you might be presented with the opportunity for job relocation. While it can be exciting to live somewhere new, it can also be a stressful process getting all of your things in order and preparing for the move. If you own a house, figuring out what to do with it is probably one of your top priorities.
Here are some ideas on what you can do with your house during a job relocation.
4 Options for Relocating When You Own a House
Ready to make your new move but nervous about how you’ll handle your home? One of these four strategies might be a good option for you.
1. Get Relocation Assistance From Your Employer
If you’re relocating for a job, your employer may offer assistance. This could be in the form of a stipend, reimbursement, or even planning help. Often, relocation assistance looks like some combination of these things:
- Travel costs for home-finding trips
- Moving costs (like U-Haul rentals, movers, etc.)
- Temporary housing costs
- Closing costs and real estate commissions
However, it’s important to note that most employers only offer a portion of the costs listed above. Full coverage is rare. While you might be able to rely on an assistance package for some costs, you should expect some out-of-pocket expenses as well.
2. Hire a Real Estate Agent
For many home sales, hiring a real estate agent is a good idea. They’ll help you settle on the right price point for your home, stage it so it entices prospective buyers, and market it to make sure you’re attracting buyers in the first place. They can be super helpful and worth the fees associated with hiring them.
However, there are particular cases (and relocation is one of them!) where hiring a real estate agent might not be the best option. If you’re relocating, you likely want to sell your home quickly. That way, you can avoid paying two mortgage payments at once, and you’re not stuck worrying about an additional property. The issue with real estate agents is that they take time to get everything perfect with your home — from pricing and listing to staging and open houses — and you just might not have the time for that.
3. Rent Your Home Out
Some homeowners prefer not to sell their existing home, but rather turn it into a rental property. This is a great way to make extra income and hold onto a home that you may love.
If you’re interested in this option, just keep one thing in mind: being a landlord isn’t always easy, especially when you’re far away from the property. Managing a property and tenants can quickly turn into a second full-time job.
4. Sell Your House Fast for Cash
The most convenient option for relocating when you own a house is to sell the house fast for cash. There are a ton of real estate investment companies out there — and yes, most of them are completely legit — that’d love to buy your property from you. At Hometown Development, we’re one of them.
While we may be biased toward this option, we can truthfully say that we’ve worked with a number of homeowners in your exact situation, and they’ve been thrilled with the process (check out our reviews and testimonials!). We provide a hassle-free selling process that’s quick, clear, fair, and honest. It’s done in just these four steps:
- You contact us. We’ll ask you a few questions about you and your home to get an understanding of why you’re looking to sell and how we can best help you.
- We do a walkthrough. For 20-30 minutes, we walk around your house to get a better understanding of its condition.
- We make an offer. It’s free, non-obligatory, and all in cash.
- We close. If you accept our offer, we close — when and where you want.
By working with us, you walk away with cash on hand, ready for your next adventure.
Relocate With Less Stress. Sell Your Home to Hometown Development.
Moving away and need to sell your house fast? We’ll take it! After we come out and look at your home, we’ll provide you with a fair cash offer based on its condition and the condition of the real estate market — all within just 24 hours. In many cases, we can close within just five days, too.
Contact our team online to learn more about our process, and how we can help you move seamlessly onto your next home.