“Should I Sell My House To A Cash Buyer?”
Before deciding if you should sell to a private cash-buyer like Fairpact Properties or by listing your house with an Agent in Texas it is important that you understand the differences. It’s easy to believe that listing your property will get you a higher sales price, but even though this is sometimes true, it doesn’t always mean that you are going to walk away from the closing table with more money! If your property is distressed or damaged, Dallas cash-buyers are likely to give you a higher offer than somebody looking for a home on the MLS. Take a look at the side-by-side comparison below to see which selling process is best for you.
“What Is The Fastest Way To Sell My House?”
If you need to sell fast your house fast, listing it with an agent on the MLS is not always a good option. When a property is listed, it is marketed to people looking for a house to live in. Normal home buyers can be extremely picky and this sometimes leads to months of marketing before getting any offers. When you eventually do get an offer, you then have to worry about the property getting appraised and passing inspection. The total process can take months and there is always a possibility that the deal will fall through for reasons that are out of your control. Fortunately, you don’t have to worry about any of these things when you sell to Fairpact Properties.
Advantages Of Selling To A Cash Buyer
Higher Offer: Since we buy homes as investments, we are able to pay you more than a traditional homebuyer would.
No Realtor Fees: Realtors take home commissions up to six percent of the selling price, taking large portions of the profits that should be yours. When you sell to us, all of that money goes straight into your pocket.
No Closing Costs: You won’t have to pay for any title or escrow fees. Fairpact Properties will pay 100% of both the buyer’s and the seller’s closing costs.
No Staging Costs: Sellers generally have to pay to have their homes properly cleaned and staged before listing it on the MLS. This is not only time consuming but costs can quickly add up, especially if you renting the furniture being staged.
Lower Moving Costs: Before sellers can even clean they have to have all of their unwanted junk hauled out of the house. Depending on the amount of junk you have, this can get expensive. However, when you sell to us you can leave behind whatever you don’t want and we’ll take care of it for you!
Opportunity Costs: A dollar today is more valuable then a dollar a month from today! Selling to Fairpact Properties for cash and closing fast means you’re less likely to miss out on investment opportunities.
Save Time Finding An Agent: Finding an agent that you can trust to get the job done can be time consuming and stressful.
No Inspection Contingencies: Fairpact Properties always pays CASH for properties AS-IS, so you don’t have to worry about an inspector finding any unforeseen damages that could delay closing or even possibly kill the deal.
No Repairs: If something in your house is broken or damaged, you don’t have to worry about it. We’ll take care of all the repairs after closing.
No Cleaning: We buy houses AS-IS. When you sell to Fairpact Properties you don’t have to pay someone to clean your house, but you don’t have to clean it yourself either. Leave the mess and let us clean it up.
No Financing Contingencies: We don’t use any traditional lenders or mortgage companies because we pay 100% cash for every property we buy. This means that you don’t have to worry about a third-party coming in with a low appraisal or other issue that could be detrimental to the deal.
Your Terms: After you receive your fair cash offer, we will let you decide when you want to close. If you aren’t ready to move but need to get the cash quickly, we can even close and let you move out later!
Key Terms Defined
An inspection contingency is a provision in the contract that allows the buyer to do an inspection on the property before closing. Closing is therefore dependent on the property passing inspection. This is typically an opportunity for the buyer to come back to the seller to renegotiate on the price or even back out of the sale entirely.
A financing contingency gives the buyer another opportunity to renegotiate or to back out of the deal if they are unable to obtain a loan to purchase the property or if the home doesn’t appraise for the value of the sales price. In a hot market where property values are rising quickly, this can turn into a massive headache for the seller who can end up paying holding costs for months just to have to start over again from scratch (yikes!).
Get A Fair Cash Offer Today
Don’t sit around and potentially lose thousands of dollars or months of your time and get your no obligation FREE cash offer TODAY! If you accept, tell us when you want to close and we’ll make it happen. If not, no worries, we’re just happy to know you’ve weighed all of your options!