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What do I actually need to do to sell my parent's house fast to cover their care costs?

My parents' care costs are piling up and we need to sell their house to cover it, like, now. I don't have time to mess around with a slow process — what are the actual steps to get this done properly and fast, and what usually trips people up and slows it down?

9 Answers

What should I evaluate in an agent to ensure an accurate home valuation?

As I prepare to list my home, I am trying to determine which qualifications or practices most reliably indicate that an agent will produce an accurate valuation, rather than an inflated estimate intended simply to win my listing. What specific credentials, methodologies, or track records should I be asking about when interviewing agents?

9 Answers

can an rov actually get my dscr appraisal lowered to match our agreed price

im under contract on a dscr purchase and the appraiser used comps from a totally different neighborhood than mine and came in high so now the seller wont budge on the price i have five comps i think are way more accurate for my actual property and i want to request an rov to get the value lowered instead of raised is that something a lender would actually go along with or is it basically a waste of time to even try

6 Answers

Is there any way to buy this duplex if the seller won't finance and I can't swing a DSCR down payment?

So there's this duplex I really want, the guy selling it needs to get rid of it fast but he won't do any kind of seller financing. I don't have enough saved up for the down payment a DSCR loan would need either. Is there some other loan or program out there that could still work for a deal like this, or am I just out of luck until I save up more?

6 Answers

What happens to the remaining mortgage debt after a property sells at a sheriff's sale for less than what's owed?

I'm considering bidding on a property at an upcoming sheriff's sale, where the mortgage balance is around $150,000 but the property is expected to sell for closer to $60,000. I would like to understand what happens to that remaining debt after the sale, and whether it could somehow follow the property or affect me as the buyer.

9 Answers

I've been buying properties below market value and want to refinance right after closing to pull my cash back out withou

I've been buying properties below market value and want to refinance right after closing to pull my cash back out without doing any rehab first. Is that actually possible without a seasoning period, or do most lenders make you wait and prove you've added value before they'll refinance at the new amount?

5 Answers

Should I list my out-of-state rental with an agent or try to sell it off-market myself?

I still own a rental property in another state that I bought years ago, and between rising HOA dues and insurance costs it's gotten harder to justify managing it from far away. The unit needs some updating before it would show well, and I'm torn between listing it properly with a local agent or trying to sell it off-market to save time. For someone who can't be there in person, which route actually makes more sense?

10 Answers

Why won't the seller answer my cash offer on a house I want to buy?

I found a house I like and I sent a cash offer two times now. The seller just goes quiet and then the house goes pending and then it falls out again. I don't no why they wont just talk to me. What should I do to get them to actually answer my offer?

9 Answers

Does it make more sense to sell my condo or rent it out while I buy a new primary home?

I bought my condo in 2022 at a 4.5% rate and I'm about to buy a new primary home at a much higher rate, so I'm deciding whether to sell the condo to help fund the new purchase or keep it as a rental since tenants would cover most of the costs. With closing costs on one side and a worse interest rate on the other, I can't tell which option actually leaves me better off long-term.

8 Answers

my house sits right on a busy road and someone told me that always hurts resale value is that true and is there even any

my house sits right on a busy road and someone told me that always hurts resale value is that true and is there even anything i can do about it before i list

7 Answers