What to do if you need to sell your house fast in Hawaii?
It’s not uncommon for a homeowner to run into trouble with their property or mortgage in Hawaii. No one expects to hit a wall years later after buying that beautiful single-family home in Honolulu or Kahului, that townhouse in Ewa Beach or Kihei, or that condo in Aiea or Kona. We always expect a rosy future and a home or investment property that treats us well year after year after year.
But it doesn’t always turn out that way. Things happen you aren’t prepared for. The lost job that leads to missed mortgage payments. The rising AOAO maintenance fees on your condo. The family on the mainland that needs you to move across the country. The divorce. The bankruptcy when your business closes. The expensive repairs you never could have imagined. Covid.
What do you do? You could give up, letting the debt pile up until the bank or HOA takes over. But that will crush your credit, maybe affect your future loan or job applications, and maybe even cost you the money you could have gotten if you sold it ahead of time. (hint: be proactive)
You could sell the house with a realtor, if it’s reasonably presentable and you’re not pressed for time. There’s no guarantee of a sale, meaning there’s also no guarantee of a sale price or closing date, but it might be the best way to get the most you can, especially if time and condition aren’t important factors.
Or you could sell your house directly to a company that buys houses in Hawaii. For example, Big Rock Investments has been in business for over 10 years. You might have seen their “we buy houses in Hawaii” signs or posts elsewhere on the internet.
The Advantages of ‘We Buy Houses in Hawaii‘ Companies
So why should you reach out to one of those ‘we buy houses‘ companies you see online? Well, there are a few key reasons. They may not all apply to you, but if you’re in one of the above situations, like a foreclosure or have back taxes, then at least some of them likely do. Let’s have a look:
- Sell your Hawaii house “as is” — if your home needs a lot of work or if you don’t have the funds or knowledge to bring it to market condition, then this is a clear benefit.
- Sell your Hawaii house fast — if you have an impending foreclosure or immediate need for cash, then a company that buys houses (instead of just listing them) may be exactly what you need.
- Sell your Hawaii house for cash — if your home needs significant work that might disqualify it from bank approval of someone’s loan, then you need a company that buys houses for cash.
- Sell your Hawaii house privately — this is a benefit not usually discussed. Not everyone wants their distressed home made known to the neighbors or general public. If you want to keep your situation and sale private, then contacting a company like us may be just what you need.
So whatever you decide to do, just make sure that you do, in fact, take some form of action. Too often, we’ve seen people stuck between this and that, left and right, and never actually picking a plan and putting it in motion. That’s when the wheels fall off the wagon. You’ll never know if a solution is the right one unless you try. If you don’t, then you can be sure the bank or AOAO will foreclose, the house will sit vacant, or the maintenance will overrun your budget.
Don’t let that happen. Contact your favorite realtor or reach out to a ‘we buy houses in Hawaii‘ company like Big Rock Investments to see what options you have.