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Why Sell a House to Cash Buyers?

June 26, 2019 • Thomas

Making the decision to sell your home is one of the major decisions you will probably make in your lifetime. There are lots of options, between listing with a real estate agent, selling on your own, and the decision to sell a house to cash buyers. When you are going to do this it requires several different types of planning for the future. You will have some options in the way you want to sell your home. So why should you sell a house to cash buyers? Let’s see what that entails.

Why Sell To Cash Buyers?

why sell a house to cash buyers

The best way to decide to sell a house to cash buyers is to compare this to traditional home selling.

Listing the home Through the Real Estate Agent

If you go through a realtor the first thing that needs to be done is that it has to be inspected by this professional. The realtor will then do an analysis of the market in your area. After this, he will suggest a listing price. You have the final say as to how much you want to put the house on the market for.

Necessary Repairs

Your realtor may also suggest that you do some specific repairs before listing the house. You then need to make the decision as to whether it would benefit you financially to do this. It will also depend on whether you have the extra funds to put into the repairs.

Advertising and Promotion

Your agent will look after the task of advertising your home and promoting it to potential buyers. This means putting in on the open market. Interested parties will book appointments to see your home. Most likely there are other homes in your area that are for sale so your home will be competing against these.

Showings

Home viewings are one the biggest inconveniences. This is necessary when selling your home in the traditional manner. Some find this to be such a hassle that it answers the question as to should I sell my home for cash.  Viewings mean that several people will want to see your home at different times. You may have to leave the home for periods of time, so the agent can hold open houses. It means constantly having to keep the house clean and orderly.

The Negotiations

When a potential buyer is going to put an offer in it usually means some negotiations back and forth. This can take some time before an actual selling price is agreed upon. Many times during this process the deal falls through. The buyer may not be willing to pay the final price. Or, they may not be able to arrange financing.

The Paperwork

With the sale of a house with traditional methods, there is a lot of paperwork involved. Not only does the realtor have to prepare this, but you will also need a lawyer to help close the deal.

Selling a House to Cash Buyers

pros of deciding to sell a house to cash buyers

There is a good chance you may not even have to list your home. It may be that your home is in need of several repairs to bring it up to market value. If you take the option to sell a house to cash buyers then you most likely can take the “sell house as is” opportunity.

Do some checking in your area. You may find there are investors that are interested in sellers who want to sell a house for cash.  Your realtor may even be aware of someone who may be interested in this type of purchase. This means the cash buyer is prepared to buy the house in its current state.

Should I Sell My House For Cash?

Your personal situation will help you answer the question, should I sell my house for cash? You need to know the reason that you are selling in the first place. It could be that you have run into financial difficulties. Or perhaps your job requires you to move to a new location. Another reason may be that the house is in bad need of repairs and you don’t have the extra money to carry these out.

All of these situations may raise the need for some quick cash. This is drawing you towards the decision to sell a house as is. When you sell a house to cash buyers you don’t have to deal with a lot of the hassle. These are the ones that come with the traditional way of selling.

Other Reasons to Sell a House to Cash Buyers

more reasons to sell a house to cash buyers

Fast Sale

When you sell a house to cash buyers you are normally looking for a quick sale with a fast closing. At first, you may think it will be difficult to sell a house this way because of the need of repairs. There are several investors that are willing to buy a home as is. If you’re looking to sell your house fast then a cash buyer might be for you.

Fair Price

Naturally, the price will be lower than it would be if the home were in pristine condition. You will still receive fair market value, based on the worth of the home. Also keep in mind if you do your research for your area first, you may not have to even list your home. Chances are, you can find interested parties who advertise that they want to pay cash for homes. This means you will save substantial money on the real estate fees. You may also get some extra savings on your lawyer’s fees. This is because there is not as much legal work involved in this type of sale.

Fewer Inconveniences

When you sell a house to cash buyers you don’t have the inconveniences of waiting for the right buyer. You don’t have to do the repairs or put up with the intrusion of people viewing your home.

These are all valid answers to the question why sell to cash buyers. The answers are the solutions for those who want quick cash for their home. It is an ideal method for those that don’t want to go through the standard process of home selling. When you sell a house to cash buyers you can tend to your financial needs quickly. Or, you can get on with the move that is required based on your situation.

Sell a House to Cash Buyers Now!

reasons to sell a house to cash buyers

Watching your house sit on the market, spending an arm and a leg in repair costs, and not wanting to list with a real estate agent are all reasons why cash buyers are a better option for you. At DM Homebuyers, we specialize in quick home sales for cash. That’s the benefit of selling a house for cash and working with us!

No matter what condition your house is in, we’re here to help you out. We’ll get your house closed, and write you a check on the spot! Call us today to get a no obligations quote for your house, or just to get your questions answered. We’re always happy and ready to talk! Contact us at 515-953-3535.
 

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.
Categories: sell a house

Process of Selling My House to Cash Buyers

June 19, 2019 • Thomas

When it comes to selling a property, homeowners have many options. From the traditional hiring of a realtor and sitting months on market to listing a for sale by owner and selling your own house, homeowners make the best personal decision with the most knowledge they have. Unfortunately, many homeowners have little to no experience working with we buy houses companies. The benefits of cash buyers are numerous, so when I want to move on quickly I’m selling my house to cash buyers.

The Benefits of Cash Buyers

My first property was a traditional starter home and required nominal financing to afford. Once I procured a higher paying job out of state, I knew I needed to sell my house quickly in order to relocate. After researching local real estate agents that came highly recommended, I realized the average realtor couldn’t promise a sale real estate closing within a specific timeframe; waiting months of a potential buyer to purchase my home wasn’t an appealing outcome. I began considering other options because utilizing the services of a realtor wasn’t a good solution for my hard time constraints.

After hours of extensive research, I realized the most convenient and quickest method for me to move was selling to cash buyers. Initially, when I made my first cash home buying inquiries, I expected selling to a ‘we buy houses’ company to come with some negatives.

Why hadn’t I heard about their buying proficiency and fair cash offers before now? And why weren’t all my friends and family using their unbelievable services? I asked trusted family members why, and they admitted to not knowing any local cash buyers, not recognizing the advantages, and not understanding the general cash buyer selling process. I felt it necessary to explain why I was selling my house to cash buyers.

the first steps of selling my house to cash buyers

Reputable cash buyers offer numerous far-reaching benefits that make selling a home a simple process. The advantage I was most drawn to was their ability to guarantee a closing within a week of our first meeting. That was simply unheard of when I originally researched the differing selling options homeowners had before I even listed my property. With cash buyers, I wouldn’t have to wait for a lengthy financing period because they had cash on-hand to purchase my property. If they viewed my property and wanted to purchase it, they could immediately. This was great for me to relocate.

Another unique benefit to selling my house to cash buyers was their desire to purchase my home in whatever current condition. For people like my parents, who had been unable to maintain basic upkeep and failed to update their home with the newest appliances, selling a distressed home could be difficult. Very few buyers want to acquire a home that needs major home repairs and lacks that move-in ready appeal. Thankfully, selling my house for cash meant selling without making any costly remodels or renovations.

An Atypical Selling Process

The standard selling process most homeowners encounter is fairly straightforward. A homeowner needs to sell, chooses a local real estate agent to represent them, and entrusts the agent to assess the home, provide a fair market value, and make professional advertising materials to entice prospective buyers.

Once a buyer is interested, the realtor and buyer’s realtor negotiate on behalf of both parties, and – best case scenario – agree and sign a purchase agreement. Now, even though the purchase agreement is reviewed and signed by both parties, the seller won’t receive funds until after the buyer procures home financing, which requires a mortgage lender or bank to approve. From the homeowner’s initial decision to sell to the buyer’s mortgage approval takes a few months. What’s worse is the buyer’s ability to weasel out of a purchase agreement without penalty due to clauses and contingencies, leaving the seller stranded and starting the selling process all over.

what I did when selling my house to cash buyers

I chose to sell my house to cash buyers because the process was more secure than the standard, and I knew I wouldn’t be let down. When selling to cash buyers, homeowners are able to skip many of the typical selling steps in order to close much faster. This atypical selling house for cash process begins with a homeowner deciding to sale. Instead of contacting a real estate agent though, they call their preferred cash buyer.

The cash buyer assumes the role of the realtor and assesses the property – sometimes with walkthroughs, sometimes using comparable homes – to determine a fair market value cash offer. After, they present the cash offer to the homeowners, the sellers can choose to close at their earliest convenience. No waiting for a financial approval!

Selling my house to cash buyers meant I was in control. I determined the closing date, kept the traditional realtor’s commission, and approved a cash offer I felt to be fair. I didn’t need to research local real estate agents or wait for potential buyers to judge my property’s worth; the cash buyers saw my home’s potential even with the varied flaws that turn off other buyers. My cash buyer was a friendly professional and assisted me throughout the selling process without payment. They talked me through any questions I had and showered me with references from other sellers. Selling to cash buyers allowed me the security to start my new job without worrying about selling my starter home.

Selling My House to Cash Buyers

why I went with selling my house to cash buyers

Though homeowners have many options when first deciding to sell their property, choosing a reputable cash home buyer should be a priority if needing to sell fast. Real estate agents work with multiple homeowners simultaneously and often cannot afford the time and dedication needed to sell a property most proficiently; cash buyers, on the other hand, are less burdened by multiple sellers because they guarantee speedy home sales.

When my family and friends ask me for referrals when they want to sell their homes, I advocate for cash buyers every time. Undoubtedly, cash buyers are real estate experts that are trained to determine a home’s value. Cash buyers also offer a simplified selling process. Forget waiting months to move on from your home; selling to cash buyers means being able to find your next home with ease.

Want to Benefit from Selling Your House for Cash?

choose selling my house to cash buyers

If you’re stuck thinking “why am I not selling my house to cash buyers” then you don’t have the time watching your house sit on the market. You don’t have that time, and we understand that. At DM Homebuyers, we specialize in quick home sales for cash. That’s the benefit of selling a house for cash and working with us!

No matter what condition your house is in, we’re here to help you out. We’ll get your house closed, and write you a check on the spot! Call us today to get a no obligations quote for your house, or just to get your questions answered. We’re always happy and ready to talk! Contact us at 515-953-3535.
 

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.
Categories: sell a house

7 Tips for Selling Your House for Cash to a House Buying Company

June 12, 2019 • Thomas

Selling your house for cash can be an arduous affair if you’re not experienced with the ever-fluctuating real estate industry. From determining a home’s asking price to becoming familiar with the legal documents involved, selling a home typically requires specialized knowledge.

Thankfully, the popularity and prominence of selling alternatives have crept up in the past couple decades, giving sellers multiple methods to move on. Instead of the typical hire-a-realtor dance, more homeowners than ever are considering the benefits of cash offers and selling a house to cash buyers. These seven tips and tricks for selling your house for cash to a house buying company will provide the simplest home selling solution on the market today.

1. Research House Buying Companies

so research before selling your house for cash

If you’re selling your house for cash, you must first research house buying companies and determine which one is best for your home sale. There are many, varied house buying companies out there: those who buy sight-unseen, those who work predominantly online and outsource to investors, and those who search for local homes and must participate in walkthroughs before submitting a fair cash offer on a house. When conducting your own personal research, make note of the individual services provided to make the best-informed decision.

2. Choose Local

Like most products, local cash buyers are in higher demand than the distant, online competition. And there’s a reason for this. Local cash buyers know the area; they have first hand experience with the neighborhoods, regional home legislation, and can determine the price of a home without as much research. Local cash buyers are also more apt to possess similar personal values and visit the same local establishments. The commonalities between a local cash buyer and a homeowner can be vital when meeting, assessing, and selling the property.

3. Check References

Before deciding to work with a specific house buying company, it’s imperative to evaluate the cash buyer’s reputation. Homeowners can evaluate a company’s service by browsing their references from other sellers that have used their services. These can be typically found online through either the company’s website or via business rating services like Angie’s List or Yelp. Though some can be forged, honest references will offer real life author names and provide very specific details into a business and their dealings. If you ask for references and aren’t provided any, move on to another local cash buyer.

4. Be Honest About Your Home’s Condition

list your houses condition when selling your house for cash

One of the best benefits of selling your house for cash is that house buying companies generally do NOT care what condition a home is in. Have comprehensive water stains? No problem. Need extensive updates or major renovations? They’ll still buy it. House buying companies aren’t turned off to the average home degradation most other prospective buyers avoid. Whereas standard buyers want move-in ready properties with immense curb appeal, cash buyers want dilapidated homes with visible age. The more broken, the better. There’s no need to lie about your home’s flaws; cash buyers see the potential of a property. Before having a local cash buyer inspect your house, there’s no harm in being upfront about the possible damage and problem areas.

5. Don’t Be Afraid To Be Yourself

Unlike dressing up in your Sunday’s best for an Open House or hiring professional cleaners to spruce up your home, don’t be afraid to act like your natural self when contacting and meeting a representative of a house buying company. Cash buyers are professionals; they’re not interested in a home or homeowner’s first impression. They’re interested in the character of the property and the willingness to sell from a homeowner. Experienced house buying companies communicate with motivated sellers with distressed properties on a consistent basis; they know how to approach a sale with finesse, empathy, and understanding. Cash buyers won’t judge, so don’t be afraid to show off the real you.

6. If You Don’t Know, Ask

ask questions before selling your house for cash

The home selling process can be a lengthy and complicated mess for inexperienced sellers. Completing legal forms can be tedious and determining a home’s accurate value can be challenging. When you a homeowner hires a real estate agent, they expect a certain level expertise to assist with whatever questions they may have; unfortunately, not all realtors have the time, knowledge, or resources to accurately answer a seller’s questions.

When selling your house for cash, you’re given access to professionals that put you and your property first. If you have a question about the home selling process, just ask. If you want to know why a cash buyer offered a certain amount, they’re willing and able to inform you. Cash buyers have extensive knowledge with the real estate industry, current housing market, and price fluctuations; there are few more knowledgeable professionals capable of answering a homeowner’s inquiries.

7. Take the Initiative, Make the Call

The first step in the process of selling to cash buyers is simple: make the initial call. While some cash buyers will contact a homeowner after initially listing their property, many miss the opportunity to make the first call. If you’re considering selling your house for cash and haven’t received at least one email or call from a house buying company, it’s time to take the first serious step. When a cash buyer receives a call from a legitimate local seller, they are determined to submit a fair market cash offer and finalize a home sale. If you sound serious about selling your home, they’re serious about buying it.

Selling Your House for Cash

It’s no secret that homeowners have numerous options when needing to sell their home. They can hire a real estate agent or list as a for sale by owner. A better option for sellers are local cash buyers though; they’re interested in buying properties in any condition and closing at the earliest convenience for the seller. Local cash buyers are familiar with your area and know your home’s worth, usually without even seeing it. If you’re interested in using a house buying company, remember to be yourself; cash buyers love to work with honest sellers and have a fondness for flawed homes.

Sell Your House Now!

considering selling your house for cash

Realistically, listing with a real estate agent takes anywhere from 4 – 10 months depending on your market. In Des Moines, it could take a minimum of 6 months. You don’t have that time, and we understand that. At DM Homebuyers, we specialize in quick home sales for cash.

We’ll get your house closed, and write you a check on the spot! Call us today to get a no obligations quote for your house, or just to get your questions answered. We’re always happy and ready to talk! Contact us at 515-953-3535.
 

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.
Categories: sell a house

What are the Benefits of Selling a House for Cash?

June 5, 2019 • Thomas

Selling your house shouldn’t be stressful. There are options. There are benefits of selling a house for cash that most homeowners don’t consider.

Owning a home allows one to build part of their financial security. As the ownership of this asset continues it builds equity. Once you decide to sell your home then this equity becomes available to you for whatever way you want to use it. The decision to sell your home brings with it several options. You can list through an agent or you can list it yourself. Then is one other option and that is selling your house for cash.

Benefits of Selling a House for Cash

what are the benefits of selling a house for cash

If you have ever sold a home in the past you have the basic knowledge of the process. Most likely you went through this while using a realtor. While there are some advantages to this method there are also some negative aspects to it. Selling a house for cash means you don’t have to deal with the downside of selling a home in a conventional manner.

Fewer Selling Expenses

When selling a home there are certain costs that you have to incur. Many people don’t give this much thought as they just seem to be acceptable when selling a home. They do add up and saving on these is just one of the benefits of selling a house for cash.

Advertising Fees

Many home sellers now are venturing into selling their home themselves. They are not using the services of realtors. This means they have the cost of advertising their home. This takes knowledge and money to run effective ads, even if it’s just in the local papers.

No Realtor Fees Is One of the Advantages of Selling a House For Cash

no fees is a benefit of selling a house for cash

If one goes with the standard method of selling their home this means they will list it with a Real Estate Agency. Upon a successful sale, 6% of the sale is the average amount that will go to the realtor. Not having to pay this is another one of the advantages of selling a house for cash.

Reduced Legal Fees

There will still be some legal fees when selling your house for cash. These may be reduced. Often with a standard sale, there may be the legal fees to draft the mortgage. This is when you as the owner are taking back a mortgage for the new buyer which is quite common. With a cash sale, this doesn’t occur so you may be saving money here.

Your Other Expenses

Many times individuals who sell their home have some debt that they want to clear with the funds from the sale. If you place your house on the market, there is no telling when it will sell. It could take weeks or months. During this time you are most likely paying some hefty interest on your debts. The sooner you can get cash in hand the sooner you may be able to clear these and save on the interest expense. In addition to that, you won’t have to spend more money making repairs to your house. Cash buyers will buy your house as-is.

Speed of Sale

fast closing is a benefit of selling a house for cash

Selling a house for cash fast is another one of the benefits of selling a house for cash. You don’t have the uncertainty of knowing when your house is going to sell. Taking advantage of the benefits of cash offers on a house allows you to close your sale much quicker.

There are some individuals that are selling because of specific circumstances. For these individuals, the benefits of selling a house for cash are highly important to them. For some, they may be re-locating, because of their job situation. This often has time constraints to it, and having the house on the market using traditional sale methods can be a big inconvenience.

For others, they are in a tough financial situation and this really creates the need for a fast cash closing. Again, another one of the benefits of selling a house for cash. Most buyers that are purchasing a house with cash favor a quick closing. This works out well for the individual who is need of money as quickly as possible.

Convenience is Another One of the Benefits of Selling a House for Cash

Real inconveniences can arise when selling with traditional methods and using a realtor. It is difficult to keep the home spotless and showing well every single day. The realtor will constantly be bringing prospective buyers through the home. This can interfere with the family lifestyle. Then there may be the inconveniences of open houses where the family has to leave the home for several hours. On top of this will be the negotiating of potential offers. These often go back and forth and can be stressful and time-consuming.

Fewer Hassles

Fewer complications is another one of the great benefits of selling a house for cash. Even when an offer is signed in a traditional sale there can be some tense moments. Waiting to see if the sign back offer is accepted may do is one of them. Another is when you have accepted conditional offers. This may be dependent on the buyer getting financing, or their selling of their home.  When you opt for selling a house for cash fast, you don’t have any of these issues to deal with.

Fast Cash Closing Buyers

There are already potential buyers waiting and ready to conduct a fast cash closing. This is another one of the benefits of selling a house for cash. You don’t have to wait for this type of buyer to come along. Many home buyers are always looking for homeowners who are looking at selling a house for cash fast. These are reputable individuals. They know what the fair market value of your home is and are willing to make a reasonable offer. You may think it is a little low, but before keep in mind all of the benefits of selling a house for cash.

Don’t forget you will be enjoying some additional savings with a fast cash closing. You will have your money from the sale much quicker so you can look after your other financial needs. You won’t be going through the stress and hassles that come with selling a house in the traditional way.

You are making a wise choice when you decide to capitalize on the benefits of cash offers on a house.

Want to Benefit from Selling Your House for Cash?

get the benefits of selling a house for cash

Don’t waste your time watching your house sit on the market. You don’t have that time, and we understand that. At DM Homebuyers, we specialize in quick home sales for cash. That’s the benefit of selling a house for cash and working with us!

No matter what condition your house is in, we’re here to help you out. We’ll get your house closed, and write you a check on the spot! Call us today to get a no obligations quote for your house, or just to get your questions answered. We’re always happy and ready to talk! Contact us at 515-953-3535.
 

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.
Categories: sell a house