As a mobile home buyer, I’ve noticed a significant shift in the Pennsylvania housing market from Pittsburgh to Philadelphia. The market is currently experiencing a decline in home prices, a rise in housing inventory, and an increase in the average number of days homes stay on the market.
In March 2023, homes stayed on the market for an average of 59 days, representing a 34.09% increase from the previous year. However, if you’re in a hurry to sell your home, there are several great options available. You could sell to cash-buying companies, trade it in, or list it on the MLS to receive top-dollar offers.
The key to success is choosing the right strategy that will enable you to sell your home quickly while still receiving the highest possible price. Remember, selling anything is possible if you set the right price, but it’s essential not to lose your hard-earned equity in the process.
3 TIPS TO SELL MOBILE HOME FAST
- Sell “As Is” for Cash: Cash mobile home buyer can offer certainty and fast closing. In December 2022, 31.2% of Americans sold their homes for cash, compared to 25.3% in all of 2020. This number is expected to rise in 2023 as financing becomes more expensive.
- List Your Home & Sell Fast
- Clean and stage your mobile home: First impressions matter, so make sure your mobile home is clean and well-maintained before you list it. Declutter, deep clean, and stage your home to make it look inviting to potential buyers. Remember, a clean and well-staged home can help sell your mobile home faster.
Sell Your Mobile or Manufactured Home On Your Terms
Need to Sell Your House Fast? Dos and Don’ts
Selling your home quickly can save you time, but it may also come at a significant cost. If you’re responsible for both the seller closing costs in Pennsylvania and seller credit, you could end up losing 8% to 10% of the final sale price.
Nevertheless, we only recommend selling your home urgently under certain circumstances, including:
- Immediate Relocation: If you need to move quickly, selling your house urgently can provide you with the cash needed to secure a new place.
- Divorce: If you need to divide the proceeds from a jointly owned property, selling your house fast for cash may be your best option in a divorce.
- Loss of Income: Losing a steady income can result in long-term problems such as foreclosure and poor credit scores. Selling your house fast can help you avoid foreclosure in Pennsylvania or pay your lender back.
- Unloading Property: If you have inherited a Pennsylvania home or an unwanted property, selling it quickly can save you money on carrying costs such as taxes, utilities, cleaning, maintenance, and HOA fees.
Avoid These Methods
Selling your house through methods such as short sale or auction may eventually get your house sold, but they don’t ensure a quick sale. The duration of these methods is uncertain and can range anywhere from a few days to several months.
- Short Sale: A short sale occurs when the lender agrees to the sale of the property to recover part of their outstanding mortgage. However, the selling price is lower than your outstanding mortgage balance. The process of a short sale can be lengthy, taking up to 6 months to close due to numerous lender approvals.
- Auction: In an auction, you have no control over the sale of your home, and the chances of receiving less than the Fair Market Value are high. Some auction sites, such as Auction.com, may not list your home on MLS, resulting in reduced potential exposure to buyers. Reduced exposure may lead to a longer sale time and lower selling price.
How to Sell My House Fast in Pennsylvania?
In summary, selling your home quickly for cash may not be as advantageous as you believe. You may end up losing anywhere from 10% to 50% of your home’s market value and relinquishing your bargaining power. Listing your home home with a mobile home buyer is a fastest way to sell it. The market provides you with maximum exposure, which can result in a large pool of potential buyers and multiple offers. You can close the deal on your terms, whether you choose to sell quickly or wait for better offers.
Sell Your Mobile or Manufactured Home On Your Terms
What type of house sells the fastest in Pennsylvania?
Smaller, well-maintained homes in desirable neighborhoods tend to sell faster than larger, outdated homes in less desirable areas. Additionally, homes with popular features such as open floor plans, updated kitchens and bathrooms, and ample storage space may also sell faster.
Also Read
- Is Mobile Home a Good Investment in Pennsylvania area?
- How Much Does It Cost To Move a Mobile Home?
- How to Find Your Mobile Home VIN Number?
- How To Sell A Mobile Home in Pennsylvania Without Land?
- How Much Can I Sell My Mobile Home For?
- Avoiding Foreclosure
- Building Credibility
- Buyer
- Buying A House
- Buying Multi Family Property
- Local House Selling Guides
- Real Estate Articles
- Sellers
- Selling Investment Property
- Short Sale Information
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