When you decide to sell your home, the Birmingham AL Realtor who lists the property will probably tell you that you don't have to do a thing. The real estate agency will take care of everything. An agent may suggest you paint walls, redo the landscaping, and stage a few interior rooms however to make the process go faster. What you may not realize is how long it takes to get an acceptable offer from a buyer who can get financing. Closing may take forty-five to sixty more days. It is not hard to understand how tempting it is to hand the property over to a company with a slogan of "we buy Birmingham houses".
Not every seller has time to wait for just the right buyer. You may be relocating to a different region of the country and starting a new job. You will have deadlines for moving and beginning work and can't afford to put it off. Maybe you have already purchased a new home and are now making two mortgage payments until the old property is sold. When someone offers you cash with no contingencies and a ten day closing, it can seem very attractive.
If you hire a Realtor, you are going to pay a commission. You can choose to add the percentage to the asking price, which may put you at a disadvantage if there are lower priced properties in the area. Your other option is have the closing attorney take it out of your net proceeds. With home buying businesses, you eliminate the need and the cost of a real estate agent.
With a cash offer, you are more likely to get top dollar for your property. In this type of transaction, you save money by not paying a real estate agent, home inspection and home warranty costs. Although closing costs will not be completely eliminated, they should be substantially reduced. You will also avoid having to pay your monthly mortgage while you are waiting for the home to sell and close.
Companies that buy homes for resale, purchase them on an as is basis. This means you are not responsible for any costly repairs. They will take the property in the condition they find it. This stipulation should be clearly stated in your real estate contract.
Most potential purchasers who come into your home to view and inspect it will be strangers to you. The Realtor might have checked the prospect out before working with them, but it still may seem uncomfortable. With a home buying company, you can simply type the name into your favorite search engine and get all the information you need. You can even contact the Better Business Bureau for information.
These companies want to purchase your home, so they are willing to work around your schedule. You don't have to take time from work to go home and clean before a private appointment or public showing.
When you put your home on the market, you never know how long it will take to get an offer and close. If you decide to accept a cash offer from a professional home buying business, the transaction will be over within days.
Not every seller has time to wait for just the right buyer. You may be relocating to a different region of the country and starting a new job. You will have deadlines for moving and beginning work and can't afford to put it off. Maybe you have already purchased a new home and are now making two mortgage payments until the old property is sold. When someone offers you cash with no contingencies and a ten day closing, it can seem very attractive.
If you hire a Realtor, you are going to pay a commission. You can choose to add the percentage to the asking price, which may put you at a disadvantage if there are lower priced properties in the area. Your other option is have the closing attorney take it out of your net proceeds. With home buying businesses, you eliminate the need and the cost of a real estate agent.
With a cash offer, you are more likely to get top dollar for your property. In this type of transaction, you save money by not paying a real estate agent, home inspection and home warranty costs. Although closing costs will not be completely eliminated, they should be substantially reduced. You will also avoid having to pay your monthly mortgage while you are waiting for the home to sell and close.
Companies that buy homes for resale, purchase them on an as is basis. This means you are not responsible for any costly repairs. They will take the property in the condition they find it. This stipulation should be clearly stated in your real estate contract.
Most potential purchasers who come into your home to view and inspect it will be strangers to you. The Realtor might have checked the prospect out before working with them, but it still may seem uncomfortable. With a home buying company, you can simply type the name into your favorite search engine and get all the information you need. You can even contact the Better Business Bureau for information.
These companies want to purchase your home, so they are willing to work around your schedule. You don't have to take time from work to go home and clean before a private appointment or public showing.
When you put your home on the market, you never know how long it will take to get an offer and close. If you decide to accept a cash offer from a professional home buying business, the transaction will be over within days.
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If you are looking for the facts about how we buy Birmingham houses, come to our web pages online today. More details are available at http://205actnow.com now.
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