Whether you have just inherited an old house or you need to sell your regular one in a hurry, you may feel overwhelmed. Houses, especially older ones, tend to need work before they’re ready for listing with a typical real estate agent. In some cases, this will require a substantial investment of both time and money. When you’re looking to sell fast, it’s better to find a way to skip that. Using a home buying company is one of the best of these ways.
Why Choose a Home Buying Company?
No Need to Have Repairs Done
With a home buying company, you are spared the hassles and expenses that can come with selling a house through a real estate agent. Agents only want to take on houses that are in “saleable condition,” which is to say, with all but the most minor problems fixed.
This is a big problem for those who have inherited houses, especially when these houses have deteriorated for years. Fixing up such a house often requires thousands of dollars – too much for people to just “come up with” on the spur of the moment. Even if the money is obtained, it takes months or longer to do extensive renovations. Meanwhile, the new owners, who inherited the house, want to sell it as fast as they can.
Even if the house is your own old residence, you may find that the need to have it repaired is too onerous to allow a real estate agency sale. Issues that you’ve been content to ignore for years are branded as problems, especially if they involve any expensive household infrastructure. That wonky light switch or the furnace pilot light that you have to go and re-light on a windy night is suddenly supposed to be fixed or even replaced. Many people suffer delays in moving because of problems like this.
A home buying company can eliminate the need to do repairs prior to the sale. These companies do all of that work themselves, at their own expense. Just as importantly, they do it after buying the house, so there is no delay in buying.
There’s No Need to Clean Up the Place
Most houses that have been lived in for a long time have large accumulations of what can only be described as junk. Needless to say, real estate agents would usually demand that you get rid of all of this stuff prior to the sale. It is physically arduous to do this work, and it can take a single individual week to get the job done.
A home buying company, on the other hand, takes the house in “as-is” condition – including any contents that you don’t want. Even hoarder houses are acceptable. The companies have crews that are very good and efficient at “trash out” work, and they plan on calling on these crews.
There’s No Need to Show the Home with a Home Buying Company
Many people hate the process of showing a home. Even if they let their agent do the work of guiding people through, having a parade of strangers in the home is disconcerting. Not only that, some of these prospects will be very picky, and point out all sorts of little things that they will brand as “problems.” Even if you aren’t there during the showings, the agent may pass on these nitpicks to you later, causing unnecessary stress.
With a home buying company, you only need to let them see the house. There will be no stream of strangers coming. You’ll even have an appointment set up in advance, so you won’t be inconvenienced by the timing, either.
You Don’t Have to Worry About the Buyer’s Financing
One of the worst things about selling a home in the traditional way is having the deal fall through due to a lack of buyer financing. Typically, the buyer only starts trying to get a mortgage after agreeing to buy the house. This leaves the possibility that he or she will be declined by the mortgage company. If other financings can’t be arranged, the deal falls through. Then, you’re back to trying to find a buyer, in hopes that the next one has better luck with a lender.
A company that is dedicated to home buying doesn’t have this problem. It already has lines of credit arranged and is ready to buy your house as soon as it and you agree on a price. Now that you’ve seen the benefits of using a home buying company, it’s time to take the next step. If your property is in Connecticut, contact Valley Residential Group to sell it fast and move on with your life.
