I'm Pretty Sure I Want To Sell My House For Cash, What's Next?
You’ve made the decision to reach out to a cash buyer for your house, but sitting there asking yourself, “What’s next?” First and foremost, when researching companies that buy homes for cash, make sure they are the right fit to you. In any business dealing, you want to work with reputable companies you can trust. Check their online reviews, website and ask questions like:
- How long have you been in business?
- Are you local or national?
- Will I have to pay any fees or closing costs?
- How quickly will you be able to close?
- Where will the closing take place?
- How will the funds be dispersed?
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Initial Meeting
- A representative will come out to your property and conduct an onsite assessment. Walking the property is a way for us to determine the amount of repairs necessary to make the property saleable. Some properties need little work and others need a full remodel—don’t worry, you won’t have to pay for any repairs!
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Negotiation/Offer
- After the property assessment has been conducted, you will be presented with an offer. Having a price point in mind prior to this step is very important
- Remember: if you are selling your house as-is, or in poor condition, cash buyers will offer what they feel it is worth, less their repairs. You cannot command top dollar for a house that is in less than perfect shape.
- Make sure to review all offers and consider the pros and cons of each company, as all will be different. Choose the offer that not only meets your financial goals but also your timeframe and level of comfort.
- After the property assessment has been conducted, you will be presented with an offer. Having a price point in mind prior to this step is very important
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Contract Acceptance
- Once you have found the right company and agreed on a price, initial contracts will be presented and signed. Thoroughly review the contracts and ask questions. Make sure you are comfortable with the verbiage and terms.
Closing
- Third-party title companies will present all contractual and legal documentation to make your sale final. Funds will have been deposited in escrow prior to closing. If you have an existing mortgage on the property, the title company will pay it off in full. Review your selling settlement statement, which outlines the sale price, any payoffs and fees, and any of your proceeds from the sale. Once all the paperwork is signed and notarized, you are done!
- You pay NO closing costs and NO realtor fees
- We can close in as little as 7 days
- Only one showing on your property!
- We are local!