Stuck with Your NJ Property? 7 Situations When Cash Home Buyers Can Save the Day

Win-Win Situation

Listing your home with a realtor isn’t always the best option for New Jersey homeowners who need to sell quickly or have a property in disrepair. Between making repairs, preparing for showings, waiting for the right buyer, and covering mortgage payments for months, the traditional real estate route isn't always the best fit. For certain situations, working with an investorthat purchases houses ‘as-is’ for cash could be a far better solution. These types of cash home buyers can close in as little as 7-14 days without you having to list, show, or repair the property. If you're a New Jersey homeowner looking to sell your house fast for cash, and you fall into one of these 7 common seller categories, an investor may provide the simplest path forward.

1. Facing Financial Distress

According to a recent survey by Bankrate, nearly 60% of Americans don't have enough savings to cover an unexpected $1,000 expense. If you've fallen on hard times due to job loss, medical bills, divorce, or other financial hardship, the ability to sell your New Jersey home quickly for cash can provide immense relief. Cash home buyers can close in as little as 7-14 days, getting you out from under your mortgage and expenses rapidly.

2. Inherited an Unwanted Property

The AARP estimates that aging Baby Boomers will transfer over $30 trillion in assets to their heirs over the next few decades. If you've inherited a house in New Jersey that you don't need or want, selling through an investor allows you to offload the property without having to make repairs, updates, or list it on the market. This saves you from dealing with an out-of-area property and simplifies disbursement between multiple heirs.

Check out: Probate Process in New Jersey

3. Hoarding Situation

Hoarding disorders affect between 2-6% of Americans, reports the International OCD Foundation. If your New Jersey home has become overwhelmed with excessive clutter and belongings, working with a cash buyer allows you to sell privately and discreetly without listings, showings or concerns about stigma. They'll handle any clean-out that's needed.

4. Non-Financeable Condition

Does your home have major problems like mold, termites, structural issues or code violations? If so, traditional buyers may be unable to get financing for the purchase. Cash investors, however, can buy properties in any condition "as-is" with no need for repairs upfront. You walk away from the headaches.

5. Tired Landlords

Being a landlord in New Jersey isn't easy! If you're burnt out from dealing with vacancies, problem tenants, rental laws, and maintenance demands, an investor offers a simple exit strategy. With just one transaction, you can get cash for your rental and be permanently rental-free.

6. Divorcing Couples

Going through a divorce is hard enough without having to agree on repairs, updates and listing specs to prepare your New Jersey house for sale. A cash buyer can relieve that strain by purchasing your property promptly in its current condition, allowing you to separate your lives without the back-and-forth over the marital home.

7. Facing Health Crises

Serious illnesses, injuries or deaths in the family can make it impossible to have the time, energy or resources available to ready a home for sale. Selling to an investor for a fair cash price means you can prioritize your family's health and well-being without the added stress of selling via listings.

For any of these common situations, working with a reputable cash home buyer in New Jersey can be a simple solution to sell your property quickly withoutmaking repairs, hostings showings, or waiting months for buyer financing approval. Most home buying companies can have an agent meet you at your house in as little as 24-48 hours to evaluate the property and make you a fair cash offer on the spot. The sale can then close in as little as 7 days if you accept the offer and contract terms.

While investors pay slightly less than full retail value, their ability to buy houses in any condition and with incredible speed provides tremendous value and convenience to New Jersey sellers in difficult situations. If you need to sell your house fast in NJ, contacting a cash home buyer could be the answer you've been looking for.