People sell their properties to cash home-buying firms for various reasons. Some are retiring and want to downsize to smaller homes or condos while others are facing bankruptcies or foreclosures. Whatever your situation, a cash homebuyer company can offer you a number of advantages. Following are just a few of them.
Get Home Off Market Fast
In most cases, a Suffolk County home-buying dealer will make you an offer within a day or two of seeing your home. The actual sale can be completed within a couple weeks, provided you’re ready to sell within that timeframe. The buying agent will also need to get the paperwork started.
No Expensive Repairs
Most cash homebuyer companies will not expect you to make expensive repairs to air compressors, furnaces, flooring, or plumbing fixtures. In fact, they usually have contractors on call to make them.
Fair Cash Offer
When you complete a we buy houses Suffolk County transaction, you’ll receive cash for your house. Although you’ll receive a fair price, considering the liquidity of the deal, it will be lower than you originally expected. You can make up some of the difference by not having to pay a real estate commission.
Forgo Closing Costs
Closing costs can run up to four and five percent of the selling price of your home in traditional sales. However, the cash home-buying firm will usually pay them with this type of offer. This can save you $8,000 to $10,000 if you’re selling a $200,000 home.
Improve Neighborhood
If you’re worried about your former neighborhood after you sell your house, you shouldn’t be. In fact, most Suffolk County home-buying firms will upgrade your house and increase its price. This will help boost home prices in your former neighborhood where good friends may still reside.
Selling to a cash homebuyer company will also enable you to purchase your next residence without a loan. This can prevent the potential embarrassment of getting turned down for a loan.
Like us on Facebook for more updates!
