There are a lot of things to consider when placing your home for sale. How long will your home be on the market waiting for a qualified buyer? What shape is my home in, and how much will needed repairs cost? Will the buyer find something wrong with the house after closing and potentially sue? Can I afford the commission if I deal with a Realtor? Call us at (210) 201-6644 to find out additional questions to ask yourself before deciding if you want to sell to a professional cash home buyer in San Antonio, TX.
Professional home buyers in Texas will usually purchase homes as-is. As a seller, this means you do not have to worry about repairs before closing or any other additional expenses you were not planning on. A company that is requiring that you make certain repairs is not really purchasing as-is and you might be better off looking for another option. Companies like ours at Sell My San Antonio House do not require inspections or appraisals which makes it a truly as-is transaction.
Professional home buyers in San Antonio, Texas typically close faster than traditional home buyers, and usually pay in cash. Traditional home purchases usually require qualifications from banks, mortgage underwriting time, property inspection time and the buyer may not end up qualifying in the end.
There are also normally no commissions paid to a buyer’s or seller’s agent which means thousands of dollars in savings. The usual commission is 3% per side, so if you sell your home for $200,000, you would have to pay $12,000 in commissions alone! Professional home buyers also may not charge transaction fees; if they do, they are extremely low in comparison to the commission or closing costs you would have to pay otherwise. They also provide remote closings which is a wonderful thing for out-of-state owners who would rather not have to travel.
Professional home buyers are investors. They are not expecting to move into the home on the day of closing. Some home buyers will allow a move-out timeframe after closing to allow you to relocate at your own pace. This is extremely helpful, especially with such quick closing timeframes or when you may need some of the proceeds from the sale to move to your new place. Also, you may not even have to clean the home when you leave. You can simply pack your personal items and any furniture you want to keep and leave the rest.
When you decide to use a professional home buyer in San Antonio, Texas, you will not have to worry about going through a roller coaster of emotions. There are no frustrating, middle-of-dinner phone calls asking if you are available to show your home. You don’t have to worry about leaving your home spotless every day before heading to work, just in case there is a showing while you’re gone. You don’t have to worry about possibly running into a buyer’s agent or their clients or dealing with them asking you questions that you really shouldn’t answer anyway. You also don’t have to worry about buyers arguing with you over little details of the transaction.
Many times we are able to present an offer and have all the purchase paperwork completed on the same day that we see the property. This allows sellers to know that they have the home sold quickly and easily so they don’t have to worry about the home being sold.
Selling to a professional home buyer is extremely straightforward. They will lay out every step of the process and should be very comfortable explaining everything about their as-is purchase agreements. You will also have lessened exposure to legal risks. You won’t have to worry about the buyer finding something you didn’t know you didn’t disclose or something they don’t like about the home or the neighborhood. Under most traditional real estate contracts, there is a potential for the buyer to sue you if they feel they didn’t get all of the information, or if they feel the facts were misconstrued. Professional home buyers already know the state of the property, and they are willing to take on that risk and buy the property 100% as-is.