If you need to sell quickly or your home requires extensive repairs, contacting a real estate company that buys houses may be the solution. These professional investors or house flippers typically offer cash for your property quickly while closing quickly – however the process can sometimes be confusing and red flags should be watched out for.
Many companies that buy houses provide an easy online form that allows you to provide basic information about your house. Some will make an initial offer within days or even instantly; otherwise, an agent from the company will visit to evaluate and make a cash offer that you must accept or decline; once accepted by you, an agreed upon closing date will be scheduled within seven days and the process can be complete!
One of the primary benefits of working with a “we buy homes” company is not having to go through the hassle and headaches associated with finding buyers for your property. They will handle financing and inspections so you can focus on getting it ready for sale – which could save months of time in New York where homes typically sell within 45 days on average!
Most companies that buy houses are legitimate, but some dishonest investors exist. Always conduct your own due diligence on any buyer before signing a contract – an reputable investor will always be transparent and willing to answer any queries you might have.
Finding an experienced we buy houses company requires studying their past transactions. Look for evidence of timely closings within budget. Inquire as well about proof of funds so that you know they have enough cash available to purchase your property.
Once you accept an offer, it’s important to sign a purchase agreement outlining the terms of sale. When doing this, be sure to consult a real estate attorney or CPA before signing to ensure fair terms and protection if the buyer backs out of the deal.
After closing, your payment will arrive via wire transfer or other similar method and then it is time for you to move on with life.
HomeLight’s Simple Sale may be just the solution you’ve been looking for to sell your house to a real estate company that buys homes, displaying it to cash-buying investors in an open marketplace with no listing fee (but an individual investor may charge sellers’ fees when closing). Simply enter your address on HomeLight’s website to begin.