How To Sell My Colorado House For A Job Relocation In A Different City

selling-house-for-job-relocation

Selling Your Colorado House For A Job Relocation: Everything you want to know about getting your home sold so you can move to a new city and start your new job.

Congratulations on your new job! It must be so exciting. Not only do you have a new job, but you must move to an exciting new city. But now for the logistics and how to move quickly and easily. 

If you rent where you live, it’s pretty easy. Just give the landlord notice; ensure you abide by the lease terms to avoid trouble. 

However, if you own your home and have a new job in a different part of the country, then you need to sell your house. This may seem monumental, but with the correct information, it doesn’t have to be. 

Selling your house to relocate for a job or any reason doesn’t need to be complicated. And today, I will tell you exactly how to sell fast, quickly, and for a reasonable price. 

Not only that, but I’ll allow you to talk with a legitimate Colorado home buyer – me. To do that, you can fill out this online form, and together we can develop a solution to sell your house quickly.

Ready?

How to Sell Your House When Relocating for a New Job

We know from experience how stressful and time-consuming it can be to sell a house when relocating for a job. This is why our experts decided to make a move a little easier by answering some of the most frequently asked questions.

In this article, you will find the necessary steps to selling a house, proven to make the relocation a positive experience, such as:

  • Relocation packages
  • Should you sell your current home as-is or fix it up?
  • Capital gains tax?
  • Consider the market
  • Can you sell your home from out of state?
  • What is the easiest and fastest way to sell a home?

Table of Contents

Selling House Due to Job Relocation

Making the decision to sell your current home to move to a new city, out of state, or even further can be nerve-wracking, so it is imperative you take the time to consider all of your options before making any big decisions. 

Relocating should be an exciting adventure full of new experiences, which is why it is so important to have a plan in place and have a thorough understanding of your options well in advance. 

Making a plan to sell your house to relocate for a new job should consist of:

  1. How much work do you really want to do?
  2. Do you want to sell on the MLS or sell fast for cash?
  3. Timing of the sale to coincide with starting your new job
  4. Will you buy a new house or rent for a period of time?

By spending an hour or 2 making a plan to sell your house, you will be more confident moving forward. Also, research shows that people with plans are always more successful. 

I need to sell my home fast in Denver, CO, to move!

Should You Sell Your House?

You could sell your house, or you could rent it out. When you are ready to make that decision, there are a few different things you will want to consider before setting anything in stone.

  • Do you want to be a long-distance landlord?
  • Is your house in sellable condition?
  • Will you be able to get the best price possible at this time?

Most experts suggest selling your house instead of renting (if possible) because of the trouble and stress of being a landlord, especially when you live further away from the property. If you do choose to rent, having someone close by to take care of maintenance and other important tasks is crucial.

If you want to know more about hiring a property management company check out this article

Will You Have to Pay Capital Gains Tax?

A work-related relocation move can qualify you for a partial exclusion from paying capital gains taxes as long as you meet certain criteria. The conditions that make you eligible for the exclusion include:

  • You will be moving at least 50-miles away from your current home to your new worksite. 
  • You didn’t previously work for the company, and the new job is 50 miles from your current home.
  • Your spouse or co-owner of the home meets one of the conditions above. 

The IRS is the one who will determine what type of exclusion and how much based on each situation. 

If the house was your primary residence there are exclusions for capital gains tax. If you are single then you don’t have to pay tax on any profit that is less than $250,000.  If you are a couple then that doubles to $500,000. Because of this, you may not have to pay any capital gains tax when you sell your house. 

Useful resource:

Here are some helpful facts from the IRS for you to know about taxes associated with capital gains (and losses). 

Can I Deduct Moving Expenses Since it is For Work?

At one time, you could deduct moving expenses from your taxes if the move was related to work transfers. Unfortunately, that is no longer the case, and tax deductions are not available for moving expenses. In 2018 the Tax Cuts and Jobs Act did away with this benefit unless you are an active military member and moving for military duty.

When you are budgeting for your move, this is something a lot of people would bank on, helping them cut costs; now, it is not a perk of relocating, so be careful when preparing that budget. 

Assess The Local Real Estate Market

Well before the big move, it is critical you assess the local real estate market; this is going to help you decide what option is best for your current home. The market will help you determine if selling or renting is right for you. 

Take a look at the current market in your area to see what the average length of time is for homes to sell and for a good price. If you are looking at a few weeks, you are in good shape. If things are slow and there is a chance it will sit on the market for months; you might want to consider renting it out for now. 

Rehab then Sell or Sell As-Is.

When it is time to sell your home, the condition of the house is huge in determining how much you will get for it and what type of work you will have to put into it. 

Selling as-is

Pros:

  • You won’t have to put in much work for a cleanup
  • You will save on renovations and repairs
  • You can move asap
  • You won’t have to wait for the home to sell

Cons:

  • You won’t get the best price (You will be low-balled)
  • You might not get a lot of people looking
  • There will be “trust issues” from the buyer

Rehab and then Sell:

Pros:

  • You will get more money for your home
  • You will get more potential buyers
  • You will not have to worry about huge issues in the future once inspected
  • The house will sell quicker once on the market

Cons:

  • Repairs are expensive, whether dealing with leaky basements or termites
  • A lot of work will go into cleaning and decorating
  • Curb appeal is essential, which requires outdoor work as well
  • It will take some time before you can sell

Can I Sell My House From Out of State?

Although selling a home from out of state can be tricky and time-consuming, it is doable. If this is an option you are considering, you should consider all aspects of the situation by making sure you have a reliable real estate agent, a safety plan in place, and a closing plan ready to go.

Having a power of attorney in the area of the house would be beneficial, so you won’t have to go back to sign any documentation.

Easiest Way to Sell When Relocating For A Job

When looking for a quick and easy way to sell your home in Denver when relocating for a job, the best thing you can do is find a trustworthy, professional, and experienced cash home buyer (real estate investor), which is a great way to go. 

Selling your home fast for cash with a certified company will help you get out from under your current mortgage and into a new home easily. In a situation like this, you won’t have to fix, clean, prep, or do any other time-consuming and draining task to get your house ready for the market.   

How to Sell My House in Denver to Relocate for a New Job

If you need to sell your house for a job relocation we have got you covered. We take the stress out of selling. Simply reach out to one of our friendly specialists and we will do all the heavy lifting for you. You won’t even have to clean and you can leave any junk behind. We are a legitimate Denver cash home buyer company.

Simple steps to sell your house in Denver to relocate

selling-house-for-job-relocation-denver-colorado

Denver, CO: The simplest and most convenient way to sell your house in Denver when moving for a new job is to sell your house to WeBuyHousesInDenver.org.

The Fastest Way to Sell My House When I am Relocating for a Job

The fastest way to get rid of your real estate when relocating for a job is to sell it to a trusted “we buy houses” company like us. Our company is here to help make your move a quick and simple experience, giving you the best possible price for your home in as-is condition without any fine print.  

If you need to sell your house fast in Denver it’s as easy as filling out a form and our team of experts will do the rest! 

Conclusion

Relocating to a new area is already a lot of work. Selling a house can increase the workload exponentially.  You can simplify selling your house by making the decision to get professional help. A professional home buyer with relevant experience will eliminate the added stress of selling your home. If you are savvy and choose a brilliant real estate investor to do all of the work for you moving to a new city for a new job will be fun. Our reviews speak for themselves. 

As specialist home buyers, we want to buy your house. we have purchased houses from people moving out of state for a new job before. We understand the time constraints and the pressure you might be feeling. Therefore let our friendly experts help you make a plan to sell your house fast, as-is, and for cash. 

WeBuyHousesInDenver.org: Your Swift Selling Solution in the Mile High City. 

Good luck selling your house.

WeBuyHousesInDenver.org is the best Denver house buyer. No matter what shape or size the home may be in we will give it the best shot possible. Whether you need help selling your home quickly or need to sell it for the best price, we can help. Simply give us a call or fill out an online form and our team of experts will get started, quick and smart, to help you get your house SOLD! We are the number 1 home cash buyer.

We'll Buy Your Colorado Home So You Can Relocate For Your New Job

get-your-cash-offer-to-sell-your-foreclosure-house-in-Colorado-hereWe can buy any house or home in Colorado fast for cash. WeBuyHousesInDenver.org will buy your house as-is, on your timeline, and you don’t have to clean. Moving for a new job can be stressful enough. Let’s work together and take the sale of your house off your plate!  

Fill out our online form to request a FREE cash offer and instant quote or consultation today.

Or Call Us On (720)-738-6020