There are times when you can afford to wait to get a buyer for your property, and then there are times when you want a quick, hassle-free, and preferably cash sale. Enter “we buy houses for cash” companies. These companies can help you get cash for your home, irrespective of its condition.
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3 of the Best Cash Buying Companies
If you’re daunted by the prospect of putting your home on the market, waiting for offers, and negotiating with buyers, or you know that the condition of your property isn’t going to get the best price in today’s market, you may want to turn to some of Greensboro’s best cash buying companies.
These companies give you a cash settlement that will enable you to sell your home quickly.
We Buy Ugly Houses
If you’re searching for a company that offers cash for homes Charlotte and Greensboro homeowners can access, you’ve probably heard about We Buy Ugly Houses.
The company, a subsidiary of HomeVestors, works throughout North Carolina and offers a straightforward process that includes getting a no-obligation quote and closing within a matter of days.
Connect Home Buyers
Connect Home Buyers offers cash for homes Charlotte and Raleigh homeowners can use.
They advertise as giving a cash offer within 4 hours, which means that unlike other cash buyers on this list Connect Home Buyers doesn’t view the property.
Simply Sold Property
Simply Sold Property touts itself as a way to net as much as you would on your home after 6 percent in real estate agent commissions and 2 percent in closing costs. They do this by using a simple equation to make an offer on your home.
They deduct repairs, their set profit, and selling costs from your home’s after-repair value to give you a cash offer.
What to Consider Before Approaching a We Buy Houses Cash Company
Although the idea of a cash offer is appealing before you move ahead with contacting a company or giving them your information, consider what you’ll be agreeing to.
The Offers
Most cash buyers give offers far below fair market value. They justify their lowball offers as the cost of repairs, but that’s rarely the case. Instead, they use your desire to offload the property without much stress to get you to accept an unacceptable offer.
The Deadlines
Typically as a seller, you’re given between a day and a week to make a decision, while these cash buyers can take up to a month to close on the deal. If you find a traditional buyer during that time, you’ll have to pay a hefty fee to back out of the deal.
The Buyer
The “buyer” of your home may not even be the final buyer. Many “we buy houses cash” companies aren’t buyers but wholesalers. This means they still have to find a real buyer for your home after you’ve signed the deal. You could end up waiting months for the deal to reach closing while having to spend thousands of dollars if you want to cancel the deal.
The Spam
Most of the websites listed above require you to enter your address and contact information before they’re able to give a cash estimate for your home. But, once you do that you’ll be inundated with ads, mail, and non-stop phone calls from wholesalers trying to get you to accept their offer.
Alternatives to We Buy Houses for Cash Companies
Once you see some of the offers these we buy houses for cash companies offer, you may want to consider your alternatives. Although there may be dozens of cash companies, there are only a handful of alternatives that will provide as much value.
Houzeo
With Houzeo, you take control of the sale, which can help you expedite the transaction. Most times, your home takes time to sell because your real estate agent is delaying the process to “find the best deal” and make a better commission in the process.
But, using Houzeo, you can set the price, get your home in front of eager buyers, show your home to these buyers, and — at closing — save on commissions.
To get access to these and a plethora of other benefits, you only need to pay a flat fee of $349.
If you’re wondering how Houzeo will help you sell your home quickly? Houzeo also shows your home on its website, where many cash buyers from all over the country can see it and put in an offer. Since you control the process, you can decide whether to accept or counteroffer. You can check Houzeo reviews for more information.
LandFlip
If you’re looking to sell land, LandFlip will be your best choice. They’ll get your property in front of thousands of investors looking to purchase land deals. Because of their vast network, you’ll likely get an offer within days of listing, especially if you price competitively.
From there, you have very little to do other than negotiate and close.
Don’t simply agree to the first cash offer you get, be willing to invest a bit more time in finding the right buyer for your home.
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