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".
People sell their homes for all kinds of reasons, and not everybody has the luxury of time to wait for months on an acceptable offer, or can afford staging to attract potential purchasers. Once a buyer is found, the loan processing has to go through the financial channels, which can take up to sixty days. This gets even more time consuming and expensive. It can be a real relief when a buyer contacts the seller with a cash offer, no contingencies, and a three to ten day closing time.
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.
If you go over the numbers, you will probably find that professional home buyers give you a better deal. As mentioned, you don't have to pay a Realtor. These companies do not require home inspections or warranties. Since they are paying cash, closing costs are minimized. You will also avoid continuing to make payments on your loan while a traditional transaction is in the process of completion.
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.
When you sell your property to a business, you can use a search engine to find out everything you need to know about them. When they come to your home, you will already know what kind of reputation, experience and knowledge they have. Showing your home to strangers, even with a Realtor involved, can be risky. You don't really know exactly who has been in your home, and what information they have about you.
If you are like most homeowners, you probably feel you need to give your home a good cleaning before a Realtor shows it. You might even take time off from work to do the job. On the other hand, professional home buyers work around your schedule,
Selling a home is a hassle. It can be a very good idea to contact a professional home buyer to find out if their program is right for you.
People sell their homes for all kinds of reasons, and not everybody has the luxury of time to wait for months on an acceptable offer, or can afford staging to attract potential purchasers. Once a buyer is found, the loan processing has to go through the financial channels, which can take up to sixty days. This gets even more time consuming and expensive. It can be a real relief when a buyer contacts the seller with a cash offer, no contingencies, and a three to ten day closing time.
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.
If you go over the numbers, you will probably find that professional home buyers give you a better deal. As mentioned, you don't have to pay a Realtor. These companies do not require home inspections or warranties. Since they are paying cash, closing costs are minimized. You will also avoid continuing to make payments on your loan while a traditional transaction is in the process of completion.
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.
When you sell your property to a business, you can use a search engine to find out everything you need to know about them. When they come to your home, you will already know what kind of reputation, experience and knowledge they have. Showing your home to strangers, even with a Realtor involved, can be risky. You don't really know exactly who has been in your home, and what information they have about you.
If you are like most homeowners, you probably feel you need to give your home a good cleaning before a Realtor shows it. You might even take time off from work to do the job. On the other hand, professional home buyers work around your schedule,
Selling a home is a hassle. It can be a very good idea to contact a professional home buyer to find out if their program is right for you.
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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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