Frequently Asked Questions About Selling Your House to a Cash Home Buyer
Do you have questions about selling your home for cash? Most people do! This is a big decision that can affect your future. We want you to be confident about selling your property, which is why we put together this helpful FAQ guide. Hopefully this will answer most of your questions, but if you have any other concerns, give us a call and we’ll be happy to answer them! Check us Out in Florida too!
Q: Who are cash home buyers?
A: Cash home buyers are real estate investors who have the financial resources to buy your property quickly, often with cash. They are not real estate agents or brokers, so they do not list your home on the MLS or other databases. Instead, they make direct offers to buy your property as-is, without the need for repairs, inspections, or renovations. Cash home buyers typically aim to close on the sale of the property in a matter of days or weeks, instead of the typical 3+ month timeframe with a traditional home sale.
Q: What are the benefits of selling to a cash home buyer?
A: There are several benefits to selling your property to a cash home buyer, including:
- Quick and efficient sale process: Cash home buyers can often close on the sale within days or weeks of making an offer, which can be much faster than the 3+ month timeframe of a traditional home sale.
- As-is sale: You can sell your old property in its current condition, without the need for repairs, renovations, or staging. We even buy fire damaged houses!
- No real estate agent fees or commissions: You can save money on real estate agent fees and commissions, which can add up to thousands of dollars.
- No closing costs: Cash home buyers often cover all of the closing costs associated with the sale, which can save you even more money.
- Cash payment: You can receive a cash payment for your property, which can be especially beneficial if you need to sell your property quickly due to financial hardship or other reasons.
Q: Will a cash home buyer pay a fair price for my property?
A: Cash home buyers typically aim to pay a fair price for your property, taking into account its condition, location, and other factors. While the offer you receive from a cash home buyer may be lower than the full retail price of your home, it is often a competitive and reasonable offer. Cash home buyers save money on commissions, fees, and closing costs, which allows them to make more competitive offers than traditional home buyers. Plus, selling to a cash home buyer can save you money on repairs, staging, and other costs associated with preparing your home for sale.
Q: I want to sell my house fast in California. Are you listing it or buying it?
A: We are not real estate agents, so we will not be listing your home on the MLS or any other database. We are cash house buyers who have the capital to buy your home. Because of this, we can close quickly and skip the frustrations of waiting for appraisals, inspections, loan approvals and more. Once we purchase the home, we’ll fix it up and sell it to new owners or keep it as a rental property. Read more about selling a house without a realtor here.
Q: How will you determine how much you’ll pay for my home?
A: There are many factors we use to determine what we’ll pay for your property, such as its condition, the repairs it needs and what comparable in the area are selling for. We are an open book, so we’ll be happy to explain how we come up with the offer we do. But, you don’t have to worry about getting a lowball offer. We want to buy your house for a fair price because it’s a win-win for both of us. Check out our article on selling fast in the Bay Area.
Q: When you buy houses, do you earn fees or commissions?
A: There are absolutely no fees or commissions when you sell your home to us. This is what makes us stand out from the traditional home selling process. We’ll make you an offer and you can decide to accept the offer or not. It’s as simple as that. We typically pay for closing costs, too, so you can walk away with your full cash offer.
How we make our money is by fixing up the home and selling it to new owners or renting it out. We assume the responsibility of your property, so you don’t have to worry about anything. We have the resources to make all types of repairs, including those from fire damage or foundational issues.
Q: What makes you different from a real estate agent?
A: Some people get us confused for a real estate agency, but we are very different. A realtor will list your home for sale and show it to prospective buyers. They can also provide advice and guidance on selling your home quickly, such as by making repairs or updates. However, you pay for this expertise once your house sells. Typically, realtors get 6 percent of the house sale.
We are not realtors – we are Cash House Buyers who pay cash for properties. Because we’re buying your property, we can make the decision right away. It usually only takes us a day or two to know if we want to buy your home, and then we can close in a week or less. Because we’re paying in cash, your home sale is not dependent on bank approvals, appraisals or inspections. This is why the process is so quick!
Q: Am I obligated to accept your offer?
A: You are under no obligation to accept our offer. Once you submit your information, everything is free and no hassle. It only takes a few minutes to look up your property, get some info from you and schedule an appointment. From there, we can make you an offer that is fair for you and fair for us. There is no reason to charge you for this information and certainly no reason to hassle you! This is your home and your decision, and we want you to be happy with whatever you decide.
Q: Is it possible for me to leave my unwanted items behind?
A: Certainly! As a cash house buyer, we understand that the process of selling a house can come with unwanted items. We’re here to make things as convenient and hassle-free as possible for you. While we primarily focus on purchasing the property itself, we are open to discussing any items you may want to leave behind. Feel free to contact us directly to discuss your specific situation and any arrangements that can be made. Your satisfaction is important to us, and we strive to provide a smooth and stress-free experience.
Want to find out more about California House Buyers? Click here. Still have more questions? Want to see what we’ll buy your house for? Contact us today by filling out our short form or giving us a call.
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