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How to Decide if Sundae Is Right for You

June 13, 2020 | Team Sundae Team Sundae

There are a variety of circumstances in which Sundae is the perfect option for homeowners needing to sell their house. Ask yourself these questions to find out if Sundae is right for you.

For homeowners with a “move-in ready” house, even in the best of times selling on the market can take time. If the house needs some love, the timeline to sell gets even longer. If you’re looking to sell your house, there are times when the traditional way won’t get you the best outcome. 

That’s where a homebuyer like Sundae comes in. If your house is dated, damaged, you need to sell it quickly, or you don’t have the patience to wait for a buyer, selling to an off-market buyer like Sundae could be the perfect move. Sundae provides a cash offer for your house as is with a fast turnaround and option for a cash advance.  

Ask yourself the following questions to decide if Sundae is right for you: 

Time: 

  • How soon do you need to sell the house? 
  • Will you be ok with a sales process that takes weeks or months to find a buyer?
  • Verdict: If time is of the essence, remember that Sundae can close in as little as 10 days.

Effort: 

  • Will your house attract buyers if you put it on the market as is, without any renovation or repair?
  • How much energy, work, and time do you have to put into the process?
  • Will you be ok dealing with repairs, cleanings, open houses, and showing the house to potential buyers?
  • Verdict: If your house isn’t likely to sell fast on the market, it’s going to require a lot of work. You can avoid that work altogether by selling to Sundae.

Logistics: 

  • Are you going to need to move after you sell the house?
  • Do you have things in the house that you don’t want to keep and don’t want to deal with?
  • Verdict: Sundae will buy your house and let you leave everything in it. We also offer up to a $10,000 cash advance that you can use to cover moving and other expenses.

Peace of Mind

  • How much stress are you willing to take on? 
  • Do you have a real estate agent who you trust to get you a great outcome?
  • Do you have the knowledge and expertise necessary to update your house?
  • Verdict: Selling a house is a complicated affair. Sundae’s goal is to make it simple and convenient, while offering a friendly, transparent, and compassionate experience.

Money: 

  • Have you done a net proceeds calculation to compare selling on the market vs. selling to a cash buyer?
  • Would you be willing to accept less money in exchange for other benefits, such as a quick sale and no paperwork?
  • Verdict: Selling on the market will usually get you a higher price than you will receive from a homebuyer like Sundae. But the number that matters most is your net proceeds: the amount in your pocket after you’ve subtracted repairs, commissions, transaction fees, and closing costs.  

Certainty: 

  • Are you comfortable waiting through the sale process without knowing what the final sale price will be?
  • Will you be ok with an indefinite timeline that in some cases may last months?
  • Verdict: With an as-is cash offer from Sundae, you can count on both the net-proceeds and the timeline. 

Common seller situations

The following list is by no means exhaustive, but we often deal with customers in some of the circumstances below. If you are facing a similar situation to one of these, Sundae could be a good fit for your needs. 

  • Affordability – Due to rising housing costs, taxes, and other increasing costs of living, many homeowners come to us looking to monetize their property and move to a more affordable location.
  • Death of Loved One – It’s unpleasant to think about but tragedies often influence people to move fast.
  • Divorce – When a couple divorces, it’s usually a good idea to sell the house so as not to perpetuate financial and emotional entanglements.
  • Downsizing – A common reason among empty nesters, sometimes less space is better.
  • Financial Distress – Financial problems such as job loss or foreclosure require many homeowners to make decisions with their home for the sake of time and money.
  • Healthcare – Many Sundae customers need to move for health reasons, which include the need to live in a place that is more suitable for their condition.
  • Inheritance – If you’ve recently come into a property but have no interest in keeping it, Sundae makes it easy to sell an inherited house and pocket the money.
  • Landlord – Being a landlord is challenging and many property owners get tired of it. We can take care of getting it off your hands.
  • Marriage – When a couple gets married, and both own a house, usually they choose to move in together and make arrangement for the other property. That’s where we come in.
  • Moving a Parent – As our parents and relatives get older, many of us take on an increased responsibility to care for them, including the need to move them somewhere safe and comfortable.
  • Natural Disaster – When an act of god (or a pandemic) happens, people sometimes just want to wash their hands of their house and move somewhere else.
  • Relocation – Many Sundae customers have to relocate for new jobs or to be closer to family. To them, our ability to make the process fast and painless is a huge draw.
  • Retirement – If you’re interested in monetizing the equity in your house and then using it to fund retirement, Sundae is an excellent option.
  • Upsizing – A popular reason to move these days is to find more space, especially after many families spent months cooped up during the coronavirus shutdowns.

 

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Sundae Customer Story: Moving for Marriage

In this Sundae customer story, Mark W. discusses how his family dealt with the unique situation of selling a house fast to move on with life after marriage. Marriage is complicated, to say the least. There is so much planning that goes into it. It’s not just the ceremony, but also what happens