You have to get the place in the best possible condition to list it and reel in potential buyers. You have to work with realtors and their agents while negotiating listings, open houses, and everything else. You also have to be patient enough to wait for an offer, deal with the closing process, and wait for the money to come through. It’s all too much in too long a timeframe for anyone who needs to sell their home fast in its current condition.
The good news is that there are companies in St Louis ready to help with a fast house sale by making quick cash offers on “as-is” properties. If this sounds too good to be true, that’s understandable. It seems like there should be a catch somewhere. So, let’s go over some of the FAQS about selling homes this way to ease your mind.
Can You Sell Inherited Property?
A common concern is that you can’t sell a home like this when it wasn’t originally yours. However, this house-buying process is actually perfect for anyone dealing with an inherited home. If you’re stuck with a property you have no use for and that will only become a burden with time, you can pass it on, as is, without any concerns. This is perfect for those unwilling to go back into a parent’s home and handle the memories.
Can You Sell Damaged Property?
What you need is a company that says we buy houses in any condition Saint Louis residents want to leave them in. This opens the door for fast house sales of properties in all kinds of problematic conditions. Some people sell homes with major water damage, code violations, and even storm damage that makes the house uninhabitable right now. So, those moving out of storm-damaged areas have a hassle-free option.
Can You Sell A Hoarder’s Property?
This situation is similar to that of inherited houses because there is often an overlap. Homes belonging to hoarders are a nightmare to deal with because of all the clutter and the damage underneath it all. It’s OK if you don’t have the means to deal with it and just want a fresh start. Home buyers can take on these hoarder homes, even if they are inherited homes.
Do You Have To Deal With Cleaning And Repairs?
This factor is what makes dealing with home buyers especially advantageous to stressed and struggling property owners. Normally, you’ll have to spend time and money on cleaning and repairs before selling a home. Here, you can present a property in the worst possible state, and the buyers will still agree to take it and handle the cleaning and repairs themselves.
Can You Sell Your Home After Filing For Bankruptcy?
Yes. These home buyers don’t care about your current financial situation or any of the reasons that led you to have to sell the property. You could be in debt to the tune of thousands or dealing with foreclosure due to bankruptcy. Or, you could be relatively well off but just need a way to relocate to a new state as soon as possible. They’ll offer a fair price no matter what.
Can You Get A Cash Offer?
Yes. The majority of respected home buyer companies will work on a cash basis. This approach means that sellers are better able to get exactly what they are offered promptly and without any hidden catches. You can agree on a price and a closing time, get your money, and use that cash on whatever you need most.
Do You Have To Pay Extra Costs?
No. This is another massive advantage of using this service. With real estate agents, you’re going to be stuck with extra fees and commissions. Those costs can cut into what you take home from a final offer on the property. With home buyers, what they offer is what you’ll get. You may even end up being better off for it.
How Fast Is Fast?
A fast house sale really does mean fast. The process can take forever with a regular realtor service because of the time taken to prep the house, get it listed, hold viewings, handle offers, and close on the sale. With home buyers, you can get your offer within hours of the company visiting your home. If accepted, you can close on the deal as soon as is convenient.
What Happens To The House?
That all depends on the buyer and what they choose to do. Assuming they’re ready to take on the task of cleaning and remodeling the property, they are free to transform it into whatever they want. That refurbished property could become a new home for a local family or something entirely different. By that point, you’ll be on to your next step, too.
Is This All Legitimate?
This final question may be the most important of all. Why would these companies be willing to pay cash for damaged homes if there’s nothing to gain? Well, there’s actually a sound business plan here. Buyers take homes that are difficult to sell at face value, use their reserves to get them into prime condition and sell them for profit to someone who needs it. You can do this without any concerns about the legalities and know you’re free from your home for good.
Talk To A Saint Louis House Buyer Today
Hopefully, these questions and answers have helped provide some clarity and peace of mind about this process. It’s not going to be for everyone, and that’s fine, but it is going to be a convenient option for a fast house sale when traditional options aren’t suitable. You can make an appointment, get their valuation, and have the cash for the home as is in no time. They’ll take on all the problems and leave you free to move on with your life.
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