December 2020

  If you’re looking to sell your house that has visible damages from a fire, water damage, or any other reason, then talking with a cash buyer might be the right path for you. Most people think that you have to fix the damage and make improvements before you sell a property, but that is not the case when dealing with local home buyers. Here is some information to help sell your home without fixing the damage yourself. Selling Through Cash Buyers Cash Buyers purchase homes regardless of the situation of the seller or the home itself. Tell the Cash Buyers About Your Home Give them a call and they will collect information about the dimensions of the property, along with the number of bedrooms, bathrooms, etc. Meet at the Property They will take pictures of the interior and exterior of the property. They will take pictures of any visible damage and put them in their report before they can officially offer you a cash amount. Cash Once they have collected all the information necessary, they can get you a cash offer with no obligation. Time to Get Paid When you are ready to accept the cash offer, you will choose a date to close on, and that is it. Selling with Damages If you’re looking to sell your property that currently has visible damages, there are a couple of things you should know before reaching out to anyone. A couple of things that can help the process of selling the property move along is to get an inspection done, and then disclose any damages to whom you are trying to sell the property. Inspection You can have someone come and do an inspection on your property so you can get a complete list of everything that might be considered damage. This could lower the value of the property, and, if you disclose this information, the buyer will know what will need to be fixed. Disclosure Disclosing the information about the damage allows the buyer to know what they’ll need to fix after they buy it. However, disclosing this information to cash buyers won’t deter them from buying your property, since buying ‘as-is’ properties is what they are known for. Price Selling a property with visible damages can be very costly, depending on the extent of the damage, and if the buyer wants the damage to be repaired beforehand. Not only will it be costly to have the damage fixed, but the fees attached with bank transactions are also costly. With House Buyers OKC, they will buy the property from you with no repairs and no fees before the transfer. Final Thoughts If you’re looking to sell your property that has visible damage and you do not want to repair them yourself or hire someone to make repairs, then all you have to do is sell the property as-is. You can sell your property through cash buyers that offer you cash for your property in its entirety. No repairs. No delay in bank fees. No extra costs.

  If you are thinking it is time to sell your property, you should take the time to consider how you want to do so. Is it easier to go through bank transfers and real estate agents or is it easier to get a cash offer? Which transaction makes the most financial sense for a homeowner? House Buyers OKC is a small, local business that offers cash for your home, and can make the process of selling a home quick and easy. As a homeowner, there are a few things you should know about selling your property to ensure a safe and easy transaction. Cash Buyers When a homeowner chooses to work with cash buyers instead of listing the property online, what this means is that the seller intends to purchase the entirety of the property. There is no mortgage offer or other financing attached. Cash Buyers are not real estate agents and are local buyers. Cash Buyers do not charge fees, commissions, or anything associated with big business. Cash Buyers worry about repairs, so you don’t have to fix anything before selling your property. Cash Buyers must show you proof that they have the funds necessary to buy your home. Sooner, Rather Than Later When selling a house or property, it can sometimes take months to find a buyer, negotiate, and file all the paperwork necessary. If you don’t have that kind of time, and would rather have the property off your hands, then finding a cash buyer is one way to help you sell the property sooner, rather than later. This way, you can sell your property in weeks, instead of months. Know Your Worth That being said, you should still take your time and know what your property is worth before proceeding to sell it. You can get an inspection, check your warranties, and know your price point. If you go through a big company, they could run a credit check and potentially deny or delay your offer. Through a cash buyer, you are in charge and get the cash offer that you deserve.  Price If you know what your property is worth, then you can negotiate with a cash buyer to get the best offer. Know your price point, so you know what to expect when you get an offer. There are lower costs with cash offers. The cost of selling a home can be lower than traditional transactions because you avoid closing fees, interest on a mortgage, processing fees, and other bank-related transactions. Final Thoughts A cash offer from House Buyers OKC is better for homeowners because it allows the homeowners to control what the offer is. There is no stress with dealing with listings, bank transactions, long lines, and all of the fees that are bound to surface. Most importantly, taking a cash offer allows you to immediately pay off your debt, your bank loans, or any other reason you needed the money sooner, rather than later.

  If you’re looking to sell your house and receive a cash offer rather than a bank financing transfer to your bank account, then you’ll want to follow some easy steps to make the financial transaction of your dreams run smoothly.    Selling your house for cash can offer a faster transaction with a shorter closing period than standard bank avenues of financing. On top of that, there’s less legwork involved in cash sales and purchases because the buyer and seller can circumvent the professional hierarchy (and resulting slow down) that banks introduce.   Of course, this doesn’t mean your buyer will show up to the table with a briefcase full of cash – instead, it simply means that your buyer has the money on hand to buy the house and doesn’t need to secure a home loan to do so.  How to get the cash offer you deserve If you’re set on securing a cash offer instead of a bank financing route for selling your house, then you’ll want to make sure you motivate buyers with cash to submit offers on your property.    If you want to motivate cash buyers to make an offer on your house, then you’ll want to make sure that you put your best foot forward. For example, you can sweeten the sale offer by:    Making sure the price point is fair, or even lower than the market value Including a home inspection (or the cost of one) in the sale contract Including other inspections (HVAC, electrical, energy-efficiency, etc…) Offering a home warranty upfront to avoid the slow-down of that process in negotiations Including a land survey to ensure clear understandings of property lines Including title insurance as part of the home buying/selling transaction Being upfront in asking for only cash buyers   Typically speaking, you’ll want to make the deal as favorable as possible for the buyer. This helps with two things. First, it motivates the buyer (or buyers) to make an offer. Secondly, it eliminates the administrative legwork required to fulfill each of those processes – since you’ve already done that work, cash buyers that want to make a quick purchase will know they can simply make an offer and get a quick acceptance.    Where to find cash buyers  If you already know you are looking for a cash buyer, rather than someone financing with their bank, you’ll want to advertise the sale of your property on the proper channels. Of course, your real estate agent (if you’re using one) will have some ideas for you. But if you’re doing this process independently, you can choose to consult the following:    Home Light’s Simple Sale Platform, which will simplify the pairing of yourself and a cash buyer Search online for cash buyers using Craigslist, Zillow, or other forums Work with a real estate company that focuses on wholesale home deals   Final Thoughts If you’re motivated to sell your house for cash and want to find a cash buyer to complete your home sale transaction, then you’ll want to make sure you put your best foot forward. Also, be sure to search for cash buyers in the proper market sectors to save yourself the hassle of weeding out financed buyers.

  If you’re considering putting your house on the market, then you’ve probably considered the option of selling directly to a realtor. This can be a quick and easy solution for homeowners trying to get out from under an expensive mortgage and is most certainly a fall-back solution for those in need of a quick turnover.    However, selling your house – and potentially the largest investment in your life – to a realtor is not the most beneficial move for you in most circumstances. There are some serious downsides to doing so including:    Not getting the most out of your sale in terms of overall price point Not getting the most favorable conditions in your sale in terms of closing costs and warranty transfers Not having a representative to advocate for your needs and wishes, since that person (the realtor) is self-motivated   If you’re considering selling your property to a realtor, perhaps to make a quick sale or rid yourself of a financial burden before your next payment is due, then you’ll want to consider the following points.    First, house sales and purchases are usually negotiated by multiple realtors – one realtor on the side of the seller and one on the side of the buyer. From this perspective, each person (or party) in the negotiation will have room to negotiate and communicate through their representative realtor.    However, if you choose to sell your house to a realtor, you lose out on your representation (that is if you sell to your realtor). In that case, you are selling your property without the kind of advice and guidance a real estate agent can offer.    If on the other hand, you’re selling your house to a realtor with the representation of your realtor involved (you and your realtor versus another realtor), you still lose out a bit. The reason for this is that realtors are well-versed in the process of home buying and selling, thus negotiating favorable terms for yourself will be difficult.   From that perspective, it might be difficult (or even impossible) for you to get the most out of your sale in terms of price. A real estate agent will likely hardball you – if they know you need to make a sale quickly, they’ll use that information to earn themselves a favorable contract, meaning you might get less out of the deal.    Similarly, real estate agents know exactly what to include in a contract per home warranties, inspections, closing costs, and more. If you’re selling to a realtor, they’ll likely try to wrap the costs of selling your house into your asking price – that would mean you are paying them some amount of money through these channels to sell your house.    If you instead choose to sell to a standard buyer with representation, your room for negotiation is larger, as that buyer might be more willing to take on a portion of the fees associated with the transaction. A real estate agent will not give you that amount of leeway.    Final thoughts If you’re thinking of selling your house to a real estate agent, rather than a typical buyer with realtor representation, then you might not get the most out of your deal. In the end, doing so is probably not favorable to you, and would be a short term solution that would not be beneficial in the long run.