If you need to sell your home fast, consider selling it to a local investor. Local investors pay cash for properties in any condition and can close quickly. However, you should know that you’ll likely not make market value for your home when selling to a local investor.

A pre-listing inspection may help you set a more accurate price for your home and can be a great way to boost trust with potential buyers. However, you should be aware that mortgage lenders typically don’t finance homes with major issues such as structural damage, significant mold, termite infestation, and plumbing leaks.

FSBO

Cash for Your Maine Property – Immediate Sale can save you some of the real estate commission you would otherwise pay to a listing agent, but be aware that you’ll be responsible for all legal and closing costs. This includes your share of the real estate commission, as well as escrow and title fees.

When selling a house as-is, you’ll need to resolve any outstanding debts on the property. This can include mortgages, utility bills, property taxes, and HOA fees. In addition, you might need to cover moving expenses if you’re going a long distance for your new home.

In most cases, if you’ve lived in your home as your primary residence for two of the past five years, any capital gains are excluded from income tax. However, it’s important to talk with your accountant and get a tax specialist’s advice for your specific situation.