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If you are in a time-sensitive situation, you may have already decided not to sell your house through the traditional buyers. You have started contemplating whether or not you should go for those many u201cwe buy houses for cashu201d companies out there.
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Know the “We Buy Houses for Cash” Buyers If you are in a time-sensitive situation, you may have already decided not to sell your house through the traditional buyers. You have started contemplating whether or not you should go for those many “we buy houses for cash” companies out there. “We buy houses for cash” companies are not hard to find. The online world is littered with paid advertisements by these types of companies and you may have even received flyers and postcards from them in your own neighbourhood. NineBird Properties buy houses in North Texas for cash and provide a fair and honest home buying service. We pay cash for houses in any condition. If you need to sell your house fast in North Texas, we’re serious about buying your house.
When you make the call to one of the companies that buy houses for cash, they will meet with you to gain a good understanding of your situation. They will do an informal inspection of your property and make a cash offer. You do not have to make any repairs, or clean up the property, it’s a cash, as-is offer. There’s no waiting for paperwork or for an application to be approved. Once you accept the offer, the cash house buyer pays you in cash and takes care of the closing costs and paperwork. The process is much faster than traditional ways of selling a house or putting it on the market. Benefits of Selling To A Cash Homebuyer There are several advantages to working with a homebuyer compared to a traditional buyer. Let’s take a look at some of the perks:
1. Real estate investors pay in cash Since they pay in cash, they can close a lot faster and don’t need to wait on loan approval contingent on a home appraisal. Most buyers need a conventional loan to purchase a house. And home loans are contingent on an assessment of the home’s value. 2. Homebuyers can close quickly They can close quickly, even in as little as 7 days. Since an investor pays in cash, they don’t have to wait on financing. They work with your schedule and timeframe to find out when the best time for you to move out would be. You wouldn’t have to wait for months, wondering when your house will sell. 3. Homebuyers buy houses as-is Cash investors require no repairs, remodeling, or renovations, which would save you a lot of time and money. And can take several weeks to 6 months to complete. When selling to a traditional buyer, they are looking for an updated turnkey property that is move-in ready.
Cash House Buyers don’t charge commissions Since they are buying the property, a realtor doesn’t need to be involved, which would save you 6% in fees based on your final sale price. Selling with a realtor could either cost 3% or 6% in agent commissions. Even if you decide to sell by owner, you may be on the hook for a 3% commission if the buyer uses an agent. • Cash Investors can handle unique situations • Besides buying houses as-is, real estate investors will purchase a property no matter the reason, condition, or challenge. Areas that they can be of help: • Foreclosure • Major Repairs Needed • Divorce • Bankruptcy • Storm Damage • Fire Damage • Termite Damage • Full of Stuff or Trash