What is the Beauty of Working with a We Buy Houses Company?
Tuesday, August 15, 2017, 6:00 PM | Leave Comment
Selling a house has always been a time consuming affair. There is the paperwork to worry about, the repairs to deal with and the wait time.
It typically takes months to sell a house through a real estate agent. The good news, however, is that if you need quick cash, there is another option. This involves selling your house to companies that buy houses.
These companies are basically owned by property developers. They will purchase your home, renovate it then resell it for a profit.
But why exactly should you consider working with these companies?
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They pay cash
The first reason is the fact that they pay cash. Selling through a realtor means that you have to deal with bank financing.
Even with the right buyer, you will only get a down payment upfront then wait months for the buyer to pay the rest. This can keep you from progressing as fast as you would like. Companies that buy houses will pay in cash.
This means you will not sweat out the buyer mortgage contingency. You will get the quick cash you need within a week. All you need to do is try and negotiate a better offer.
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They buy as it is
Another great thing about working with we buy houses OKC is that you never have to deal with the headache that comes with repairs.
The company will buy your house as it is. There is no need to boost curb appeal or spend money trying to make your home livable.
Whether it is on the verge of collapse or it is infested with pests, the company will buy the house as it is.
After contacting them, they will send an expert to evaluate the house and determine its worth. An offer will then be given.
Once you accept the offer, you can have the house off your hands within a week with the cash in your pocket.
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They close fast
The fact that selling to companies helps you to close super-fast is the key reason why you should consider using these companies.
There are times when you need the cash fast. If it is an emergency, you can’t afford to wait for weeks for the real estate agent to find the right buyer then wait a couple more months for the buyer to finish paying the installments.
These companies close fast since they don’t have to wait on financial approvals, appraisals or inspections.
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They pay some or all the closing costs
It is also good to note that you will not need to wait for the money to be paid. In most deals, you will get the full amount after closing. It is only in rare cases that the buyer will ask you to wait a few more days to clear the balance.
Selling through an agency is definitely the best way to go for anyone who needs cash fast. You can contact several buyers to compare their offers. Do not be afraid to negotiate a better deal if you feel your house is worth more.
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