As a veteran-run company, we understand how tricky home ownership can be for men and women in the armed forces. It can be hard to predict when you’ll be deployed or stationed in a new location, and all that uncertainty only becomes more difficult when you have property to worry about.
Corey, a client who lived in Oceanside, found himself being stationed overseas smack dab in the middle of home renovations. Considering the state of the house, he didn’t want to deal with a traditional sale because he knew it would be a long process with no guarantee of a sale before he had to leave. So he called us and we bought the house for cash in just a matter of days.
When You’re Transferred or Deployed
It’s no secret that the San Diego area hosts the nation’s largest concentration of military personnel, with a grand total of 100,000 active duty service members – and many of them are living in Oceanside like Corey. These active-duty military personnel are constantly being transferred to other bases or stations overseas. These deployments can last anywhere from 6-18 months and the cost of a mortgage during this time can be unmanageable for some. Sometimes it’s better to cut your losses, sell the house, and look for more temporary living situations that aren’t as costly. But if you want to sell your house and they give you only a month’s notice before you ship out, what are you going to do?
If you’ve found yourself in Corey’s shoes and don’t know what to do with your Oceanside house before you report overseas, you should know that you have options besides the traditional real estate market.
The Downside of a Seller’s Market in Oceanside
It may seem like the real estate market is on your side in Oceanside. With its sweeping views, close proximity to San Diego, and relaxed beach town vibes, people are willing to pay good money to settle down here. Right now, the median sales price for homes is $466,500, which is $49,500 more than what it was in January of this year. When you’re looking at this kind of leap in home prices coupled with an average market time of 30 to 40 days, you’re definitely looking at a “seller’s market.” That means, if you’re a homeowner trying to sell, the ball’s in your court.
But there’s a catch.
In a seller’s market, we see more and more properties popping up from homeowners looking to cash in. This means your house will be competing with a dozen more houses just like it and it will be hard to stand out in a crowd. If your home is in need of any renovations in order to match the quality of the other homes in your area, you’re looking at sinking thousands of dollars into the house just so you can unload it. And if the house sits on the market for a while, it could take a long time to see a return on your investment. Not to mention, paying a commission to a real estate agent will take a chunk out of that ROI and every month you don’t sell is another mortgage payment.
Why Sell Your House Direct Is the Best Choice
If you’re in the military and think you’ll be deployed soon, you don’t have to sit on a huge mortgage and worry about your home while you’re doing an important service for your country. We’re here for you if you need a quick and fair deal.
We buy houses in any condition for cash. Our entire purpose is to help people who don’t have time to list on the market and wait for a buyer to make up his or her mind. If this sounds like you, call us and my team will get to work and have an offer for you in 24 hours.Views: 9