You’re ready to move, but facing the nuisance of traditional home-buying has you dragging your feet. There’s the hassle of staging, showings, inspections, waiting for lenders, and risking offers falling through for myriad reasons. Not to mention, you’re on the buyer’s timeline for closing and moving. If your house has grown stale on the market and just isn’t selling, consider these alternatives–like selling to a company that buys houses for cash in Utah.

You can rent out the property instead of selling it.

If the market isn’t favorable to selling, it might be because people are renting instead of buying. There are some advantages to renting out your home. Even if the rent you’d earn doesn’t cover 100% of the mortgage, it may make more fiscal sense in the long run than taking a loss on selling the property or letting it sit in vacancy. If you decide renting is the right path for your house, take these initial steps:

• Confirm your HOA allows renters in properties.
• Work with a property management company.
• Tell your neighbors you’ll be renting.

Using short-term rental services like Airbnb has allowed many homeowners to make a passive income by renting out their homes by the night or the month.

Take a short sale on your home.

A short sale isn’t ideal, but if the market has taken a drastic downturn, it may be your best option if your house isn’t selling. In a short sale, your lender agrees to take less money than you owe on your mortgage. Not every seller qualifies for this option, and you’re best served by talking with a real estate agent who’s familiar with the process. If you’re considering short selling, keep these things in mind:

• You may owe taxes to the IRS on the forgiven debt.
• Short sales impact credit and may affect your ability to buy a home in the future.

If you’re in a bind and need to unload your property, then a short sale may be the best option available to you.

Offer your property as a lease option.

One reason your home may not be selling is that buyers are having trouble getting financing. When you provide your home as a lease option, you make a legal agreement with a renter that they can purchase the house, for a pre-established price, at a later date if they want. This option is ideal if you’re going to avoid a vacant property and can’t find a buyer.

Sell your home for cash.

A variety of companies offer to buy houses for cash in Utah. Choosing a non-traditional option to sell your home is a simple way of making money on your home regardless of what the market is doing. If you have a strict moving date or don’t want to deal with a traditional home sale hassle, getting cash for your home is fast and easy.

• Don’t deal with traditional pre-sale inspectors and repairs.
• Get a written no-obligation offer for your home.
• Walk away with check-in-hand in as little as a week (sometimes the same day).

If your house isn’t selling, you’re not out of options. You can get cash-in-hand within days for your home.

Call Cash4Homes; we buy houses for cash in Utah.

Our straightforward system gets cash into your hands within as little as seven days. We’ve worked with homeowners across Utah to get their houses sold fast with our trustworthy, simple process.

Start by filling out our easy online form, or just call our team directly at 801-826-4444 to answer a few questions about your property. If it fits our purchase criteria, we’ll set up the next steps with you right on the phone.