Moving on From Your Home After a PCS
If you are a member of the United States Armed Forces and you must relocate as the result of a permanent change of station (PCS), you will inevitably need to decide whether you want to keep your current home or sell it. Either way, you will have to measure the pros and cons of every option at your disposal. Whether you decide to keep your home or sell it, it’s always reassuring to know that you can sell your house fast in Clarksville, TN, by working with a real estate investor from Gateway House Buyers.
Retain a Vacant Property
If you have the financial stability to support a second home, you can retain your home in Clarksville even after relocating via PCS. Retaining a vacant property gives you a place to stay when returning to Tennessee and allows you to hold on to a home that might have a lot of sentimental value. Unfortunately, vacant properties don’t provide very much value in return for retention and present a liability for homeowners who don’t have the time or resources to keep vigil over their property. Vacant properties are often targeted by squatters and burglars.
Rent Your Property
Another option is to rent your property to tenants. You can make a serviceable complementary income by renting your home, but the nature of a PCS can make it difficult to be an effective landlord. It’s imperative that you perform a comprehensive screening of any potential tenants for your home if you want to ensure that its value is maintained. Although you can hire a property manager to oversee your home, the cost may not justify renting in the first place. Overall, renting your property could prove lucrative, but the uncertainty and stress associated with being a long-distance landlord might not be worth it.
Sell Your Home
Alternatively, you can decide to sell your home. This is arguably the simplest option depending on how you choose to go about selling your home. You typically have two options:
- The Traditional Real Estate Market: you can sell your home on the traditional real estate market. You will have to hire a real estate agent, have your home listed, prepare it for walkthroughs, and remain patient as your home is considered by prospective buyers. Unfortunately, selling your home on the traditional real estate market can be tough. Sometimes, it takes six months or more to sell a home this way, and the fees involved with working with an agent can greatly reduce the amount of money you receive for your home. Additionally, due to the nature of a PCS, you may have to work with the real estate agent remotely to finalize a deal.
- Sell Your Home For Cash Fast: if you want to avoid a long and drawn out selling process, you can opt to sell your home to a real estate investor. Real estate investors, such as those from Gateway House Buyers, can give you a free, no-nonsense estimate on your home. If you agree to the offer, you can have your payment in as little as seven days. For service members who receive a PCS, this is a great option to move on from your home while remaining focused on what’s next in your life.