Relocation is a complicated coordination exercise. Every week, people in Montreal who want to sell their home call us or send us information about their home on this website, saying: “I’m moving and need to sell my home in Montreal”.  What’s great is that we’re able to help many of these people sell their homes quickly (because we’re actively buying homes in the Montreal, Quebec area right now!).

There’s an insane amount of detail to take care of on top of the stress caused by the reason you’re moving in the first place – it’s often a new job or a sick parent, but the real need to move is always accompanied by a radical change.

So how do you make the most of a difficult situation?

Don’t agonize – organize.

You don’t want to find yourself in a situation where you end up paying to own and maintain a vacant home for two years. It’s expensive, and it doesn’t have to be.

Although the market in Montreal is relatively stable at the moment, things can change in the blink of an eye. We’ve heard some serious horror stories over the past two decades. Unless you’re very rich, you probably can’t afford to wait.

So how do you make the right choices when you’re moving and need to sell your Montreal home quickly?

 

 

Moving and selling my home quickly in the Montreal area… Your options and the steps involved

First…

1. Find out how much your home is worth: You can contact a reputable real estate agent or contact us to arrange a free, no-obligation appraisal of your property.  Once you know the price at which your home could sell on the current market… that will determine how long you can or can’t/won’t wait to sell the house.
2. Decide how quickly you need to sell your home after you move: This is an important question. I’ve seen professionals who left the province for a job and put their home on the market for over a year before selling it for much less than they expected. Decide how quickly you need to sell your home… and how long you’re willing to continue making two mortgage payments, paying insurance, etc….
3. Find a great real estate agent BEFORE you start packing: Start early so you don’t waste time. Every month you wait or every month it takes to sell the house… costs you money.  Or if you don’t want to use a real estate agent to sell… we’re a reputable home buyer in the area and would love to make you a quick, cash offer. Simply complete the form by clicking on this link to get started >>
4. Calculate the difference between selling your home quickly versus waiting for a dream price: We all want to sell our homes for the highest possible price. But many people forget to calculate the dollar amount of what it costs you to maintain that home.  The costs involved include the mortgage (which, if you’re still in the first 10 years of the mortgage, accounts for most of the interest on your payments and doesn’t apply at all to the principal), insurance, taxes, maintenance and so on. Let’s say you want to sell your house for $200,000… and your mortgage payment is $1,200/month, taxes $200/month, $100/month for insurance and $100/month for maintenance (lawn care, repairs while you’re away, etc.).
   These expenses will total $1,600/month
   expenses that don’t contribute to the value of the house (not to profit). If it takes you 7 months to sell this house through a real estate agent for this $200,000…it will cost you $11,200 in DIRECT “carrying costs” + $12,000 in real estate agent fees”. (assuming the buyer’s agent and seller’s agent pay 3% and 3% respectively), for a total of $23,200 in lost money.  That’s without taking into account the value of your time, the stress of thinking about that property on the market, what you could have done with that extra money during those 7 months, etc. So the real cost to you was probably closer to $30,000, but what if you sold your house next week and avoided all that? Even if you were to sell for less than the asking price (say, $175,000), you’d still be ahead of the game. by selling the house NOW at a reduced price to a buyer like our company, rather than 7 months later at the big price (and paying carrying costs and estate agent’s fees). Sounds sensible?
5. Take action! Whatever you decide… decide and act.  If you want to take action with a real estate agent, that’s fine! Find a reputable agent in the Montreal area [immobilier_marché].  If you prefer not to have to wait and pay real estate commissions… then a viable option may be to sell your home to us.

If you have a lot of time on your hands and a beautiful property, you can test the market by offering it at a high price. There may be a chance that someone will fall in love and be willing to pay more – people do crazy things when they fall in love at first sight.

Most properties are similar, in fact. They tend to be like the other houses around them, just as people who live close to each other also have a lot in common. So unless your property is truly exceptional, as in extra-special magazines, you won’t make more money on the market by setting the price high.

You can also win by marketing your property for both rental and sale, just to see which comes first. You need to keep control of the process, which can be confusing even for seasoned real estate brokers.

In some situations, we can partner with owners to help them secure rent-to-own contracts in which highly qualified buyers rent the property for an agreed period before buying.

In other cases, we can help renegotiate a loan, make monthly payments or complete a short sale with a bank.

We like to help people solve complex problems.

Creative solutions can narrow the gap to get you where you need to be.

Who is Solution Capital and how can we help you if you are moving and need to sell?

We’re investors. We support our families and beautify our neighborhoods by buying homes from Montreal homeowners who need to sell quickly for one reason or another.

Among the salespeople who tend to work with us are people who have…

• Need to sell quickly (we can close a sale in as little as 7, if that’s what you need)
• Don’t want to bother with listing a property with an agent
• Don’t want to pay real estate agent fees
• can’t sell their home for one reason or another (we buy homes in the condition they’re in)
• … or for a whole host of other reasons

But we’re passionate people, and we believe in the Montreal community.

We’re honest and straightforward.

We’ ll offer you a fair price, and we can close quickly with cash.

If you’re prepared to wait and can call on professionals to help you, you can manage the sale of your property remotely. In certain circumstances, this risk can pay off.

We’re happy to help you find answers to your toughest real estate questions in Montreal,
so don’t hesitate to call us at 514-320-1000 and talk to us anytime.