When you think of a real estate sale, you probably think of a long, grueling process. There is no guarantee how quickly you can get your house off the market or how quickly you’ll receive the funds. In some cases, the waiting game and strategic sale of property make sense, but in other cases, all you want to do is get out from under the property. How are you supposed to find the right Dallas house buyers?
This is where “we buy houses” companies, or house buyers companies, come into play. These businesses buy homes outright for cash. You have to do very little legwork and can bypass many of the traditional methods of house selling. If you’ve never sold to one of these companies, you may be wondering why you should choose them over a traditional real estate company.
Why Consider a House Buyers Company
There are many reasons that someone might want to get out from under a property. Most people know that if you go through a real estate agent, it’s possible that you will get more money off property than you would with a buying company. While this isn’t necessarily the rule, you won’t ever receive above market value for a property.
Now, in some cases, you may not get more elsewhere. This is especially true when the housing market is doing poorly and no one’s buying homes, much less, fixer-uppers. Instead of letting your home stay on the market, it’s easier to sell it fast.
Here are some reasons you might want to consider a company like House Hercules:
• You inherited a home
• You own a money pit
• You don’t have time for the repairs
• You have bad associations with the property
For those who inherited a home, it might seem like too much work to find an agent and to put it on the market. This is a long process with no guarantees. In other situations, homeowners purchase a fixer upper but run out of time or money before they can make all of the repairs. Fortunately, a house-buying company will take the value of the home and pay you cash for it.
Keep in mind that when it comes to the value of your home, this is not going to be the same price that your real estate agent might make you believe you can get for the home. If you have a nice house, that is live-in ready and in a high demand area, then, of course, you probably would want to go the traditional way.
Sometimes a quick sale of the house is better than a higher price. You have to keep in mind the convenience of the process. You won’t get that with any other type of company. You aren’t taking risks on the cost, you get a flat price and you accept the offer or you don’t. In some cases, in the traditional market, you may make nothing on a home.
What to Expect from House Buyers Company
If you’re used to dealing with real estate agents, then you might find a “we buy houses” company to be easier to handle. To deal with a real estate agent to sell your house is a lengthy process. Then, in the end, your agent gets a cut of the cost. If you have a property that you were trying to flip, odds are it won’t be market ready. Before you put a house on a market, you have to have it prepared for people to see. The truth is that most people want houses that are move-in-ready.
When you sell a house, sometimes you have to pay for repairs or remodels. A buyer may ask for a lesser price to be able to pay for these or expect you to pay them. When you sell to house buyers company, you don’t have to jump through hoops for them. They will buy your house in the condition that you have it. You don’t have to worry about fixing it up, making repairs or even making it look like it’s ready to live in. Once they have your home, they’ll take care of the rest.
These companies tell you “we buy unwanted houses” for a reason. They look for houses that would not do well on the market. If you can’t sell your home, then you’re losing money on it. Usually, the negotiations are quick. Someone from the company will come to visit your house. Don’t worry about cleaning it up or doing any repairs. The company simply wants to understand your situation and assess the house to come up with a fair offer. You don’t have to impress anyone.
Next, after the company analyzes the house, they will put in a cash offer. There is no waiting around for mortgage approvals or financing. The company pays you in cash. This allows you to close the deal quickly and to have cash in your hand right away. To add to the benefit, the company tends to pay closing costs, rather than you having to fit the bill.
Once it’s over, you don’t have to worry about it again. In traditional house selling, it may take months or years. It even takes a lot of finances for you to get through it. With Dallas house buyers that specialize in unwanted homes, the process goes by quickly.
If you have a home that you don’t want, you may feel like you’re at your wit’s end trying to get out from under it. You will especially feel that way if you try to go through traditional means to sell it. While “we buy houses” companies like House Hercules aren’t going to give you an above value price for your home, you do get a reasonable amount of cash for a house that you wanted to unload elsewhere. There is no reason not to choose a streamlined process that allows you to escape the house with cash in your hand. Look for DFW home buyers that will give you cash for your home.