Selling a home in California can be costly, let alone in Orange County which is well-known for having a higher-than-average cost of living. When it comes to selling any property in Orange County it’s tempting to look for the most cost-effective ways to do just that. In this article, we’ll give you low & no-cost ways you can sell your Orange County property, let’s jump in!
1. For Sale By Owner (With Seller Contingencies)
The first option Orange County homeowners looking to sell their property is to sell it by themselves without the use of a realtor or any realty companies – this is called FSBO better known as for sale by owner.
For the most part, FSBO is pretty light on the fees, but you are still going to need to pay some closing fees, taxes, and the supplies needed to simply list the home on your own, however, there is still a way to reduce those fees even more.
Fee Reduced: “As-Is” Contingency
The first method for FSBO sellers is to sell as-is, this can reduce any need for repairs, and stop anyone from wasting your time about repair contingencies. You still know that you are going to pay some taxes and closing costs at this point, but it can drastically reduce the amount of money needed.
Fee-Free: “Buyer Pays Fees” Contingency
The last thing to consider when selling FSBO and you’re wanting a completely free way to sell your Orange County home is to simply state that you’re selling the home as FSBO as-is with buyer pays closing costs contingency. Essentially, when you sell your home FSBO you can ask whatever you want of the buyer, as there is no realty contracts to hold you in place, you get the ultimate say in the say and hold the upper hand in the deal, thus leading to you requiring the buyer to pay your portion of closing costs
2. For Auction By Owner (FABO)
The second option is similar to FSBO, in fact it’s almost identical except in this instance you’re auctioning your Orange County property. To put things simply, auctioning typically is not the best option for those looking for an entirely fee free method to sell a home, let alone in Orange County, however, it’s still entirely possible to walk out of your property without paying a penny.
Hit-Or-Miss Fees: Auction Bid-In Fees
The first option is a way to reduce your out of pocket, which is to simply require a bid-in price, this is a flat fee that you require potential buyers to pay upfront to be a part of the auction process. Typically, this is $20-$100 per buyer, but with the right amount of buyers, you can easily be responsible for little-to-no out of pocket expense, save for the inescapable state taxes.
Reduced Fees: Online Auctioning Platforms
While it may not fully constitute as FABO, auctioning your Orange County property online can be a good choice if auctioning is what you absolutely want to do.
Benefits of Online Auctioning
Selling a home through online auctioning platforms tends to have a few benefits that you may enjoy. These are just a few of the reasons to consider auctioning online:
- Larger volume of buyers
- Competitive seller fees (most typically less fees)
- Buyers premiums
Online auctioning can be great, but it’s important to do your research before you choose one at random, be sure to read the terms, contracts and various conditions that these sites may have, as one wrong move could lead to a huge out of pocket expense.
3. Osborne Homes
Last but certainly not least is to sell your Orange County home to Osborne Homes, it’s entirely fee-free and a lightning fast way to get out of your home and walk away with all cash.
What are the benefits you may ask?
Let’s talk about those, because they may surprise you!
Fee Free
The first and most obvious benefit here is that the process is entirely fee-free for you, Osborne Homes covers all the closing costs
As a side note, if you have a mortgage and the offer on your property is less than your mortgage amount, we can still buy your home and continue the mortgage process through us instead of your current lender.
Any Condition
While we mentioned FSBO as-is and even auctioning as-is, Osborne Homes is unique in the fact that we genuinely want as-is homes, and don’t treat you any differently because of your situation or housing condition. Typically in FSBO as-is sellers will tell buyers it’s as-is and a vast majority of buyers overlook this statement and attempt to make contingencies around repairs or specific demands, whereas Osborne Homes will buy any home as-is.
Tenant Occupied Rental Properties
If you’re selling a rental property in Orange County that currently has tenants living there, the process of selling through other means can be challenging as both the state of California and Orange County have very strong rules and regulations surrounding eviction, which mostly favor the tenants – this can make the sales processed delayed as you have to do things such as verbal and written notice, state filing (if needed) and a lot more. With Osborne Homes, we will buy your Orange County rental property while its tenant is occupied which allows you to free up your landlord duties faster, while leaving the tenant eviction process to us.
Fair Market Valuation Process
When selling any property regardless of location, it’s important to ensure that you’re getting the best price for your property. Osborne Homes uses a fair market valuation process to ensure you aren’t getting less than your home is worth under its current situation.
Osborne Homes are pros when it comes to valuation, and it sets us apart from FSBO as we have the tools and resources to accurately price your home, when compared to a buyer who is more than likely guesstimating or relying on a realtor to negotiate a lower price.
100% Cash
While it’s not uncommon for FSBO buyers to be investors paying cash, it’s far more likely to have buyers that are purchasing a home with a mortgage whether that be conventional or an FHA-backed mortgage. With Osborne Homes, you get a check that can be cashed immediately once received, then you can spend however you please.
With traditional mortgages, you oftentimes have a pay off delay that extends beyond closing, this is usually escrow and just general conditions set by the lenders. Point is, if you need cash and fast, Osborne is your best bet.
Close FAST
Osborne Homes can close FAST, typically within 7-14 days, however Osborne Homes offers a flexible closing schedule to ensure that the closing dates work in your favor. Traditional sales whether it be FSBO or on the market through a realtor have an average closing time of 30 days with money in your accounts within 60-90 days.
Proven Effective Home Sales Method
Osborne Homes is proven to be a successful tool that sellers can leverage to sell their Orange County homes to close fast, get cash and avoid out of pocket expenses. Don’t believe us? Here’s what a few of our happy clients are saying.
| Gage Young⭐⭐⭐⭐⭐Osborne Homes made selling my home easy and painless! Highly recommend it! | Clare Shaw⭐⭐⭐⭐⭐Wonderful Team, took care of us when we needed it the most! | Wayne Cannon⭐⭐⭐⭐⭐Osborne Homes helped me every step of the way. It was much easier than I imagined! |
Sell Your Orange County Home FAST to Osborne Homes Today!
We’ve mentioned a lot of benefits about selling your Orange County home to Osborne Homes. If you’re ready to take the next step and get a free cash offer on your home, simply fill out the form below or call us. We’re always here to help!
