Understanding the neighborhood where you’ll buy or sell a property is critical. There’s a well-known phrase in the real estate industry: location, location, location. When you’re buying or selling a property, the one thing that can’t be changed is the location. You’ll want to choose wisely. If you’re selling your property, highlighting the benefits of your neighborhood is a great way to attract buyers. If you’re purchasing a house, taking a closer look at the community will help you understand the market and investment potential more clearly.
Whether you’re moving on a deadline or you just want to speed up the sales process so you can move on faster, we can help. We offer:
Fast, fair offers: The average home sits on the market between 25 and 30 days. Once your home is under contract, it can take up to 45 days to close. At Brick, we’ll make a fair, cash offer within days.
No closing costs: Selling a home can cost several thousand dollars when you factor in realtor fees, closing costs, and repairs. You won’t have any of those expenses when you sell to Brick.
No walkthroughs: Don’t worry about scheduling open houses or walkthroughs. We purchase homes as-is. We can even buy properties site unseen. We also buy properties in any condition.
Close in days: Instead of waiting a month or more to finalize your sale and move on, sell to Brick. Once you accept the cash offer, we can close the deal within days.
Like many other cities in Utah, the housing market is competitive, though not as competitive as areas like Salt Lake City and Provo. The average sales price for a home in Lehi is $497,000, an increase of 32% from last year. Homes are staying on the market for around 14 days. At this same time last year, the average home stayed on the market for 32 days. There were fewer homes sold this year than at the same time last year; however, many earn 3% above the asking price.
In 2016, the average home sold for $305,000 and stayed on the market for around 21 days.
Buying and selling seasonal trends are like the rest of the state. There is more competition in the warmer months to match consumer demand, as many families prefer moving between school years. The winter months have less competition but could result in slightly higher sales prices.
Significant life changes don’t always come at the most convenient times. Selling your home may be a desire, or it might be a necessity. Whether you’ve decided to start a new life across the country on a tight deadline or you’re just ready to ditch your investment properties, managing your sale the right way is essential. Check out these helpful articles for navigating the quick sale of your house:
Selling your home(s) can be difficult, but it doesn’t have to feel overwhelming. Taking a few minutes to prepare yourself for the sales process can make a world of difference when it comes time to part with your house. Here are a few things to consider:
Why are you selling?
Before you list your house or contact us for a cash offer, it helps to know why you’re selling your home. Identifying the why helps with the sales process, including setting expectations for a sales price. It can also help you emotionally process the transaction so that you’re able to let go of your property.
Sellers offloading an inherited property, downsizing, going through retirement, or selling because of a divorce, should consider whether their emotional attachment could make the sales process more difficult. We’ve noticed that buyers who are overly passionate about the sale are more likely to:
If you’re selling because you want to liquidate your investment properties, you may need to consciously withdraw the idea of control over what happens to the property once you sell.
What are your selling needs?
Once you’ve identified why you’re selling and identified ways to emotionally detach from the sales process, it’s time to think about your needs during the sales process. Which of these are concerns you have about your upcoming move?
Many sellers spend as much as 10% of their sales price on repairs, fees, and closing costs. Are you comfortable, or able, to let go of that money to sell your home on the traditional market? If your home needs extensive repairs, you may need to pay for repairs or make concessions on the sale price. If you’d rather avoid appraisals and negotiating with buyers, selling your home for cash could be a better option.
Prepare for signing and closing
One of the most anticipated parts of selling a house is signing and closing. This final step makes everything official. The process can be a little different depending on if you sell your home through the traditional market or with an ibuyer.
If you sell your home on the traditional market, the sale can fall through at any point before closing. Complications with appraisal or funding could delay a sale. In worst-case scenarios, a deal could entirely fall through if a buyer isn’t approved for financing or if the lender refuses to fund the loan because the property appraises for less than the offered amount.
During closing, you’ll meet with the lender and the buyers and sign paperwork to finalize the sale. Before the final paperwork, your property undergoes an appraisal and inspection. The agent will do a title search, and you’ll complete any repairs or other concessions. Once the closing paperwork is filed, and the title is transferred into the seller’s name, the home is no longer yours.
When you work with an ibuyer, the closing process is a little different. The process is much faster because there are fewer hoops to jump through. We offer more flexibility for sellers, including the ability to control when you move out. We don’t require inspections or appraisals, and you won’t have to worry about our financing falling through. We can help you sell your home in a matter of days instead of weeks.
Lehi is located just 30 minutes south of Salt Lake City and 20 minutes north of Provo. Lehi is a growing city and lies between some of the largest cities in the state. This area is growing particularly fast thanks to an increase of tech development industries in the area. Lehi has quick access to many outdoor activities as well as many dining and entertainment options.
Popular attractions in or near Lehi include:
Lehi offers an array of activities and fun for everyone. The fast-growing community still has a small-town feel in some areas. Thanksgiving Point is a major attraction in the state and includes several museums and gardens. Residents enjoy multiple holiday events and annual festival
Lehi’s location provides easy access for people who want to take in museums, movies, shopping, or fine dining. Outdoor enthusiasts will enjoy the quick access to walking and biking trails, as well as access to beautiful gardens, hiking trails, and paragliding spaces. Theater lovers are a short drive from the Hale Theater in Sandy, which boasts professional plays and shows.
Lehi is just a quick drive to Salt Lake City and the Salt Lake City Airport.
We buy homes at the speed of life. Request your offer today and lets build a solution that works for you.
Brick specializes in providing Cash Offers to help homeowners in Utah.
Congratulations on your next big adventure!
While 2.5% may not sound like a lot, if the buyer asks you to cover their portion of the agent fees, you could be out 5% of the sale price. If you sell your home for $450,000, that’s a $22,500 fee.
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