Time and money are crucial factors when you are selling your home. All homeowners don’t want to get ripped off no matter what the situation is. Though the selling process is a bit complicated and time-consuming at times, it’s crucial that you know what you are doing and you choose the best option available for you.
You’ve probably encountered these signs around your neighborhood at some point in your life: “We buy houses for cash” or “Cash for houses.” If you’re running out of time and need to sell your house fast, you might be tempted to call them and get a cash offer right away.
But can local professional home buying companies, who said that they’ll pay cash for homes in NY, really pay you the amount they said they’ll pay? Is this safe and legal? What’s at stake? And what is the expected timeline?
Let’s dive into how you can sell your local house fast and get cash for your house in the process without having to list your house with a real estate agent, or wait months for it to sell.
How Do Cash For Homes in Buyers Work?
Companies who “buy houses for cash” exist and this is a legitimate business. If you do a little research, you’ll discover that there are several investors out there who are looking to buy property for cash. But truth be told, looking for reputable local house buyers who pay cash for homes in can be a daunting task.
It will be best if you know what to look for when you’re working with local cash home buyers (including our company, Real Property Buyers, we buy local New York houses fast).
And before you dive in below… if you’re not sure how the process of a cash buyer like Real Property Buyers buying your local house works… check out our “How it Works” page on this site and our FAQ.
Price And Time Are Trade-Offs – Which Is More Important To You?
The price of your home is one thing to consider when you are selling. But as you might suspect, it is not easy to get the full market value for your home if you are selling it fast on cash. Pricing your home too high can be a big mistake. Though you’ll get multiple offers if you price your home too low, it’s still not guaranteed you’ll get the money you need.
To get the full market value of your house, you usually have to wait 3-6+ months and often will need a real estate agent to market your house and find you the best retail buyer. Real estate agents charge a commission (usually between 3-6% of the sale price)…so if it takes you 6 months to sell and you have to pay a 5% commission… is that worth the wait? Are you fine waiting for a few months and spending a few thousand dollars just so you could get a fair market value?
Most often, local house buyers like Real Property Buyers, we’ll assess your house, determine what it’s worth after all repairs are made, and how much we’ll have to invest in repairing/renovating the property and how long it will take us to finish it. Since we need to turn a small profit for our risk in buying the house, renovating, and selling it, we will make offers that are below the full retail market value.
But we can close when you need to, may that be in a few days or months. If selling your house fast with zero hassle at all is more important than getting every penny out of the sale… submit your info on the form on this next page or give us a call at 516-226-9690.
We can make you a fast no-hassle offer in less than 24 hours.
We make sure that every house seller we work with knows all of their options. We will also encourage you to get multiple offers and shop them around. Our offer won’t be the lowest you’ll receive, often we offer you the highest price and sometimes we are the only one making offers. One thing we do best, is we do what we say and are always true to our words. What we’ll offer you is what you’ll get from us.
How Much Work Do You Want To Put Into Making Your NY House Sell?
Another big factor that local cash home buyers like Real Property Buyers can offer is we take 100% of all of the work and hassle to sell your house off of your hands. You don’t need to fix or repair anything. You don’t have to stage the property or clean whatever’s inside.
You don’t need to lift a finger to do anything. We will handle it all for you.
No, we’re not listing your house as an agent does. If we do that, you’ll still have to clean the house, get it ready for showing, expect potential buyers coming in and out, go back and forth through your agent with the buyers on price and terms, etc. It can be a lot of work and stress!
Especially if your house here in needs some work.
But, we offer cash for houses in NY because we’re professional home buyers based locally here in . You need to disclose any known issues with us. And if it needs repairs, you don’t have to worry since we will buy it as-is. We’ll shoulder all the repairs it needs out of our pocket after we buy it from you.
We can make you a fair all cash offer on your house (or Call Us Today at 516-226-9690!)… and if it’s a fit, great! We’ll handle everything.
Do Your Research And Trust Your Gut
Before you decide to go with an investor offering cash for your property, be sure to investigate their reputation carefully. The internet makes it easier to check their credibility. Visit their websites to see the legitimacy of their company and read their reviews. Look up their social media accounts and profiles to learn how they’ve been in the industry. Consider asking for references from the investor. Talk to people the investor has worked with in the past to determine whether they are the right fit for you.
There are people out there who are less than honest… so make sure to do your research, talk to them and make sure you can trust them, and that they can actually close on the offer they made you on time.
When you’re ready to start the process of selling your NY home for cash, fill out our form and we’ll help you get started.