Will Low Interest Rates Sell My House?
Will low interest rates sell my house that needs remodeling? I just inherited a house from my parents. My brother was living in the house for a few years after both our parents passed, but now he is moving out of it. The house is in my name, I am ready to sell it, and I am thinking about the low interest rates available on home mortgage loans right now.
Low interest rates helped to fuel record-setting home sales in the last half of 2020, during the Covid19 pandemic. Now we are into the second half of 2021 and the mortgage interest rates are between 2% – 3% annually. Those are some of the lowest rates most adults have ever seen.
Even though the house I have inherited needs some expensive remodeling, I could list it and try to sell it as-is. Some real estate agents work with properties that need work, but the majority only want to list high-priced homes in top condition.
Sell My House to We Pay Fast Instead
A cash buyer has no reason to apply for a mortgage loan because they have the funds available. We Pay Fast is a cash buyer. They are a team of real estate investors who regularly pay cash and close fast on property, including houses that require remodeling.
We Pay Fast investors are authorized to make offers over the phone when I call 1-800-WePayFast (1-800-937-2932), or when I leave a voice message for a phone call back. Emailing [email protected] is another way to contact them and get a phone call in reply. They respond within 24 hours and send a purchase contract by email if we come to an agreement.
There will be no need to rely on low interest rates when I call 1-800-WePayFast (1-800-937-2932) and speak to a professional investor to sell my house. We Pay Fast pays cash and closes transactions in as little as a week to ten days, even on property that needs remodeling like mine