Lately, the financing world has been really screwy. Lenders change program requirements at the last minute – and for normal purchasers, that could delay your sale.
Keep in mind that anyone can write a cash offer, even if they’re borrowing money to purchase the property. So when you’re selling a house through a real estate agent to an end buyer… be prepared that if the buyers financing falls through… you’ll have to start the sale process all over again… adding more months to the process, more holding costs you have to pay for, and more.
To avoid having the buyer pull out at the last second because of financing… one option is to sell your house to a local investment firm like us.
To effectively sell your property on your own, you have to market it well.
Putting up fliers and signs around your neighborhood can generate some calls, and there’s a lot of free websites where you can post information. But often just putting up flyers and an open house isn’t enough if your house doesn’t appeal to the average home buyer.
In theory, real estate agents charge big commissions because they have to spend a lot of money upfront to advertise your property. By advertising lots of properties at once, they expect to get more phone calls – and obviously, they’ll make good profits by selling lots of houses.
However, certain properties might require thousands of dollars in advertising expenses before the right buyer happens to see the ad and call.
Independent investors typically purchase homes, repair them, and then use them to generate income; either as rental units or sell them for a profit. Boise has numerously reputable and trusted real estate investors who will help you sell your home quickly.
Selling your house to an investor is relatively simple. You provide him or her with information about your home and personal situation.
The investor will then inspect the home and determine a fair value, taking into account necessary repairs, and make an offer. If the offer works for you, you’ll close, and receive the payment for your house in cash… usually within 7 days if you want to close that fast.
“We buy houses in Boise” companies – are they credible?
How do I know if the local house buying companies out there are honest and credible? Well… sometimes they all look the same at the start… but below we’ll walk you through some things to look for in a local house buying company before you should work with them.
Buying and selling houses is a valid and respectable profession that can help communities and house sellers in many ways. But just like any other line of work – a minority of house buyers in any market are the ones who make the rest of us look bad.
There are people who are really great, ethical folks who improve their neighborhoods one property at a time.
And then there’s shady, dishonest people who put money ahead of the well being of their clients and who would sign the contract to sell their own grandmother with one hand while stabbing you in the back with the other – as long as they were making enough money.