Situations Where Selling a Home For Cash Is a Good Idea In Portland

by | Feb 7, 2020 | Real Estate

You may be asking yourself “Should I sell my house for cash in Portland?” It isn’t the most common method people use to sell their home, but there are some distinct benefits to doing so, like the speed of sale and guaranteed funds. If you aren’t sure if selling your home for cash is the right move for you, here are some situations where it should be heavily considered.

Divorce

During a divorce, assets are split between the two parties. In some cases, it is necessary to sell the home to split the amount of the sale in a settlement where one person doesn’t get the house. Divorce happens on a schedule, meaning you may want to sell the home as quickly as possible.

Inheritance

Did your great aunt leave you a house you didn’t know about? You could rent it out, but that will require a lot of time and effort when it comes to upkeep. When I inherited a home, I decided to sell my house for cash in Portland. I made the amount I would have made in rental fees over the next decade in just one day.

It is in disrepair

If your house is old and needs a mountain of maintenance, it is a good idea to sell to a cash buyer. Often, these companies are renovation companies that will perform the remodel on our home and put it back on the market for a profit. If you are still on the fence about selling your home to a cash buyer, call PDX Renovations LLC today to see if it’s right for you.

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