Companies that buy your house provide homeowners with an easy, hassle-free option for selling their property without needing an agent and waiting months or years on the market. These firms typically work as real estate investors and use their own funds rather than bank financing to purchase properties from sellers in as-is condition – sometimes closing quickly within weeks!
Real estate companies that buy your home can be found nationwide. Their advertisements can be seen across social media and websites, in newspapers or direct mail; some even have online forms where you can submit requests to be considered for a property. Once they have your information, someone from their firm will usually visit and conduct a thorough assessment of your home and its needs before providing an instant cash offer on-the-spot; otherwise they might use photographs or video footage to evaluate it from afar or even walk you step by step through the process online.
Choosing an offer means the company will handle all paperwork and closing expenses for you, in addition to possibly covering real estate agent commission costs, which could total 6 percent of the sale price. While accepting multiple offers could save significant sums of money, be sure to compare final take-home amounts from each offer before committing yourself – proof must also be presented that they can close on a deal successfully.
While some real estate buyers who offer to purchase your house legitimate, others are less so. Some shady companies try to lure unwitting homeowners in with false advertising or misleading information, and may try to hide fees in fine print or add-ons such as repairs costs or title insurance premiums.
Redfin is another company that utilizes their own proprietary technology to match buyers and sellers. Their iBuyer division, Redfin Now, purchases homes without delay in over 100 markets while also providing cash offers, avoiding mortgage approval requirements and closing in as few as 30 days.
Opendoor Technologies Inc. of Tempe, Arizona was one of the pioneers in adopting digital technologies when they opened shop in 2014. Utilizing an easy e-commerce platform designed specifically for real estate transactions, Opendoor simplifies home purchasing and selling processes by streamlining these steps for buyers and sellers alike.
HomeBuyer Service of New York offers its homebuying service across several states, making cash offers within 24 hours and closing purchases in two weeks – this approach can be particularly useful when faced with difficult-to-sell properties or relocation needs; also suitable for troubled properties with liens, tenant problems or hoarding situations that need immediate resolution.