Property Sale: Why Sell to Cash Buyer

You can find the original article at https://www.713propertybuyer.com/

Do you need to sell your house quickly?

If you want to sell your home fast and get the full amount quickly, then it’s best sell your home to a cash buyer.

Why Sell to Cash Buyer When Needing to Sell Your Home?

When selling your property many tend to ask the question, “Why sell to cash buyer?”. Well, selling to a property buyer makes the process a lot easier and more convenient than those who rely on bank loans.

If you are still hesitant about selling your house for cash, here are some of the benefits of selling to property buyers.

Advantages of Selling a Home to a Cash Buyer

1. Quick and Easy Process

When you sell your house using a cash buyer, they can pay you the full amount of your property’s price and have the processes done in just about a month. Depending on the buyer, some can even have all the transactions completed in just one week. With traditional buyers, you will still have to wait for their loan approval with the bank, and that will take quite a bit of time. If you need the cash immediately, the best way is to sell your home fast using a cash buyer.

2. Sure Sale

As to traditional buyers who still need to wait for their approval for a bank loan, there are still chances that they may not be approved. This will end up causing them to cancel their sale with you. This means that you’ll have to look for new clients again. When it comes to home cash buyers, once they give an offer and you agree on that, they are sure to buy your home. They don’t need to wait for banks to release money for payment.

3. Convenient

When you sell with a cash property buyer, you can sell it to them in “as is” condition. That means that you can sell your house fast in its current condition. You don’t have to repaint the house you are selling, re-roof it, change the siding, or other repairs needed for the buyer to take your house.

They can do the repairs once they have bought it from you. So if you don’t have the extra money to repair your house, don’t worry about it. You can sell it as is to home for cash buyers. But, make sure you are dealing with a reputable buyer.

4. Simple

Quickly sell a house for cash to home buyers, and have all the processes and legalities done simply and quickly. Once you meet on a agreement for the price the buyer are willing to pay and you are willing to accept, documents on payment and title transactions between you and the buyer are then drafted. This is done in a much shorter and much quicker process compared to having your house bought in a traditional real estate market.

Conclusion

So why sell to cash buyer? Once a deal is closed, you can have a sure sale and it is quick, convenient, and simple.

Sell your house fast to cash buyers now and get the full payment in less than a month so you will be able to use that income right away for your needs.

How to Sell Your Home: Cash vs. Conventional Home Sale

You can find the original article at https://www.713propertybuyer.com/

Selling a home is a big decision. Homeowners have two routes available to them, accept a cash buyer from a “we buy houses company” or go through with a conventional sale.

Your choice is dependent on your individual situation. A review of cash and conventional sales from the homeowner’s point of view assists in making this major decision.

sell a houston house for cash

 

Selling Your Property To A “We Buy Houses” buyer:

  • Con: Expect to receive less than fair market value for the house. 60 to 80 percent of fair market value, minus possible repairs, can be expected from a cash buyer.
  • Pro: Cash buyers will pay from cash they have on hand. Sellers can ask for proof of the cash in the form of a bank statement or other document.
  • Pro: Cash purchases typically go through more quickly, from a few days to a few weeks, from start to end. Homeowners will shoulder fewer maintenance costs and the responsibilities of home ownership as the period until closing is shorter than with a conventional sale.
  • Pro: Appraisals and inspections are up to the buyer. They do not have to abide by requests from lenders as in a conventional sale.
  • Pro: Cash buyers often take the property in “as-is” condition, without additional investment on the part of a home buyer.

Take Advantage Of A Cash Offer Today.  We Buy Properties Regardless Of Condition.

  • Is your house vacant? In need of repairs? Is it just plain ugly? No problem! No job is too large!
  • Must sell your house quick? Need to move? Relocating? Job loss? We can buy it in a matter of DAYS!
  • Facing foreclosure? Behind on payments? No problem! Foreclosures are our specialty.
  • Considering bankruptcy? Owe liens? Title problem? We know creative ways to solve these problems.
  • No equity? Trouble selling? Divorce? No problem! We are here to buy your property.
  • Need to settle an estate sale? Death of a loved one? We will help put this behind you quickly.
  • Tired of being a landlord? Bad tenants? Eviction troubles? We will solve your problems.
  • Don’t want to move, but in a financial bind? We have rent-to-own and equity sharing programs that help you to stay!

 

Conventional Home Sale:

  • Pro: Homeowners can potentially receive fair market value or more for a home in move-in condition with high-end finishes in a desirable neighborhood. In most situations, final sale price can be or be near listing price.
  • Con: A conventional buyer will likely require financing and go through their own approval process with lenders. This requires a credit and work history as well as bank statements that satisfies basic lending requirements. A potential buyer may be interested in the home but need to repair their credit of perform other tasks before becoming eligible for a mortgage.
  • Con: The conventional buying process has more elements and without approval from banks during the loan process can force homeowners to seek another potential buyer since the original buyer can no longer proceed.
  • Con: Conventional home sales take longer than cash sales with additional hurdles to overcome. Homeowners are responsible for all maintenance costs and associated taxes until the deal is final.
  • Pro or con (depending on market): Conventional home sales generally include appraisals and inspections. Appraisals may be required from the lender with mortgages provided only for homes that are valued for a specific amount.
  • Pro or con (based on return): Potential home buyers may require homeowners to make improvements as part of a contingency to a sale. Homeowners may also need to perform repairs in order to increase their listing price.

Homeowners must choose an option that best suits their individual needs. Some homeowners have substantial equity in their home and want a full return on their investment.

They are willing and able to spend time and money in finding the home buyer that will pay close to their listing price. Other sellers may not have such luxuries and need to sell a home to a we buy houses company because of it’s current condition. Evaluate each option carefully and perform your own due diligence in either scenario.

Contact us today at 832-271-7473 to discuss the available options as they apply to your unique situation.

Houston Home Prices, Are They Slowing?

You can find the original article at https://www.713propertybuyer.com/

At the beginning of 2016, the housing market in Houston was on the rise, and the year was looking as if it would prove to be even more promising as the months went on. In fact, for the past several years, Houston has been either on par with or above the national average in regards to the price of an average home.

However, that did not turn out to be the case, as the market fell a startling 8.8 percent in the month of July of this year. Most of this decline can be attributed to one thing—the recent slump in gas prices.

A year and a half ago, the gas prices began dropping faster and faster.

Now, gas is a mere third of the price per barrel that it was before. While this has many smiling while filling up at the pump, it is starting to take its toll on the house market, especially in Houston.

The city is highly affected by the rise and fall of the oil and gas industry, and that is made incredibly evident in the housing market.

When the gas prices were on the rise all across the country, from around 2009 to 2014, Houston’s house market was positively booming. Houses were being built at an astoundingly rapid pace.

Home Prices Are Falling

Though Houston’s average home price has remained fairly even with the national average since then, home sales have plummeted since earlier in the summer.

This fall in the average price of homes is found to be most dramatic in the Exxon Mobil development in Houston that began housing residents in 2014 and 2015. These homes were built when oil prices were at an all-time high, but now have a difficult time selling.

What Are Home Sellers Doing?

To combat this rapid fall of prices, builders are now working to do everything in their power to grow the market, sell more houses, and raise property value. These efforts mostly show up in the way of incentives for buyers and real estate agents alike.

Many home buyers have either renegotiated the prices of their homes or decided to hold off on signing a contract to purchase a home. This is due in large part to the fall in oil prices.

Plenty of potential buyers remain interested in properties—but are much more likely to ask for price cuts of up to tens of thousands of dollars. This is particularly common with buyers that work in the oil industry. As the price of oil remains low, the possibility of layoff becomes more of a reality for those that rely on oil’s profits for a living.

For those looking to purchase a home in the Houston area, this might just be the best time, as prices are in the buyer’s favor. Discounts are being requested and granted left and right, and houses are bought for way under their previous market value.

Buyers can essentially make a reasonable offer and walk home as a new homeowner. While there is no doubt that this drop in oil prices and home value is potentially detrimental in the long run, homes in the Houston area are now more affordable and available than ever.