Honest Guides for NH Home Sellers

Selling to a Cash Buyer vs. Listing With an Agent

Both are legitimate ways to sell. Listing with an agent usually gets the highest price when the house is in good shape and you have time for repairs, showings and a buyer's financing. You'll typically pay a commission and some closing costs.

Selling directly to an investor usually means a lower price, but no commissions, repairs or showings, and a closing date you choose. It tends to make sense when the house needs significant work, time matters, or you want certainty.

Tip: get a written offer, then compare it to a realistic estimate of what you'd net after listing (price minus commission, repairs, carrying costs and time).

How to Vet Any "We Buy Houses" Company

• Get the offer in writing and read every term before signing.
• Never pay an upfront fee to receive an offer.
• Close through a licensed title company or real-estate attorney you can verify.
• Be wary of anyone pressuring you to sign the same day or asking you to deed the house over before closing.
• Look up the company's registration with the NH Secretary of State.
• You can have your own attorney review any purchase agreement.

Options When You're Behind on Your Mortgage in NH

Selling is not the only option. Depending on your situation you may be able to:

• Contact your lender about a repayment plan, forbearance or loan modification.
• Talk with a free HUD-approved housing counselor.
• Ask about a short sale if you owe more than the house is worth.
• Consult a New Hampshire attorney about your rights in the foreclosure process.

If selling is the right choice, acting early generally leaves more options. This article is general information, not legal or financial advice.