Maybe you have a few questions. That’s okay; most people do. So here’s a quick collection of some of the questions people ask us… along with our answers. If you still have a question, don’t hesitate to contact us (or give us a call) and we’ll be happy to answer it for you.
A: Great question. We’re not agents, and we don’t list houses. We are professional home buyers: We buy houses Columbia that meet our purchasing criteria. From there we may repair the house and resell it to another homeowner or keep it as a rental ourselves.
A: Many of the houses we purchase are below market value (we do this so we can resell it at a profit to another home owner). We are looking to get a fair discount on a property. However, in our experience, many sellers aren’t necessarily expecting a large “windfall” on the property but rather appreciate that we can offer cash, we close very quickly (no waiting for financing), and no time or effort or expense is required on your part of fix up the property or pay agent fees. If that’s what you’re looking for and you see the value in getting your house sold fast… let’s see if we can come to a fair win-win price. (Besides, our no-obligation pricing commitment means that you do not have to move forward with the offer we give… but it’s good to know what we’re offering!)
[DOWNLOAD our free guide that walks you through the Pros and Cons (plus the cost and timeline) of selling your house to a real estate investor… plus learn the pros, cons, and costs of the other two alternatives… listing with an agent or selling it yourself. Head on over here download your free guide →]
A: Great question, and we’re an open book: Our process is very straightforward. We look at the location of the property, what repairs are needed, the current condition of the property, and values of comparable houses sold in the area recently. As you know, house values have taken a huge hit in the last 5 years and most areas still haven’t seen prices come back up. We take many pieces of information into consideration… and come up with a fair price that works for us and works for you too.
A: This is what makes us stand out from the traditional method of selling your house: There are NO fees or commissions when you sell your house us. We’ll make you an offer, and if it’s a fit then we’ll buy your house (and we’ll often pay for the closing costs too!). No hassle. No fees. We make our money after we pay for repairs on the house (if any) and sell it for a profit (we’re taking all of the risk here on whether we can sell it for a profit or not, once we buy the house from you… the responsibility is ours and you walk away without the burden of the property and it’s payments… and often with cash in your hand).
A: Real estate agents list properties and hope that someone will buy them. The agent shows the properties to prospective buyers if there are any (the average time to sell a property in many markets right now is 6-12 months) and then take a percentage of the sale price if they find a buyer. Oftentimes, the agent’s commission is 3-6% of the sale price of your house (so if it’s a $100,000 house, you’ll pay between $3,000 – $6,000 in commissions to an agent). Agents provide a great service for those that can wait 6-12 months to sell and who don’t mind giving up some of that sale price to pay for the commissions. But that’s where we’re different: We’re not agents, we’re home buyers. Our company actually buys houses. We don’t list houses. Since we’re actually the one buying the house from you, and we pay with all cash… we can make a decision to buy your house within a couple days (sometimes the same day). Again, we make our living by taking the risk to buy the house with our own cash, repair the house, and market it ourselves to find a buyer (which is the hard part in this market).
A: There is absolutely zero obligation for you. Once you tell us a bit about your property, we’ll take a look at things, maybe set up a call with you to find out a bit more, and make you an all-cash offer that’s fair for you and fair for us. From there, it’s 100% your decision on whether or not you’d like to sell your house to us… and we won’t hassle you, won’t harass you… it’s 100% your decision and we’ll let you decide what’s right for you.
Which route is quicker?
Puts more cash in your pocket?
Has less hassle?
We buy houses in ANY CONDITION. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call!
(803) 998-CASH
We respect your privacy. See our Privacy Policy.
Introduction
The global real estate landscape has always been dynamic. However, 2023 has witnessed unprecedented shifts, particularly in the 'house to cash' segment. We aim to delve deep into this evolving paradigm, laying bare its intricacies and potential implications for investors, homeowners, and the market at large.
The Surge of Cash Buyers in 2023
Demystifying the Cash Buying Phenomenon
Cash buying is not a novel concept, but its prominence in 2023 is unparalleled. The allure lies in swift transactions, bypassing bureaucratic bottlenecks, and often, presenting sellers with a compelling proposition.
Key Players
From real estate conglomerates to individual investors, many are vying for a slice of the 'house to cash' pie. Their motivations may differ, but the common thread is the recognition of tangible and intangible benefits the cash buying process offers.
Economic Implications of Cash Transactions
Stabilizing the Volatile Market
While traditional mortgage-backed purchases still constitute a significant chunk, the influx of cash transactions imparts a stabilizing effect, especially in volatile economic scenarios.
Boosting Local Economies
Direct cash influxes, devoid of prolonged financial institution interventions, often lead to immediate economic simulations, particularly in the local housing and construction sectors.
The Nitty-Gritties of Cash Purchases
Property Valuation
A crucial step, this involves assessing the property's current market value, its potential, and any encumbrances. Transparency is paramount, ensuring sellers are adequately informed.
Making the Offer
Based on valuation, an offer is extended. Though typically below the prevailing market rate, the trade-off is the speed and certainty of transaction completion.
Sealing the Deal
Upon offer acceptance, the transaction proceeds towards closure, characterized by legal due diligence and cash disbursement.
Navigating Potential Pitfalls
Ensuring Authenticity
In a market teeming with activity, discerning genuine buyers from potential scammers becomes essential. Employing trusted intermediaries and conducting thorough background checks can mitigate risks.
Understanding Market Dynamics
As rapid as cash transactions are, understanding the broader market dynamics ensures sellers aren't shortchanged and buyers secure optimal returns on their investments.
In conclusion, the 'house to cash' trajectory in 2023 is both promising and challenging. It embodies the evolution of the real estate sector, underscored by immediacy and economic pragmatism. However, as with any financial landscape, it necessitates informed decision-making. With the right knowledge and strategies, stakeholders can harness this trend's potential while safeguarding their interests.
We buy houses in ANY CONDITION. There are no commissions or fees and no obligation whatsoever. Start below by giving us a bit of information about your property or call!
(803) 998-CASH
We respect your privacy. See our Privacy Policy.
Professional Home Buyer– FREE Guide:
Download our FREE Guide here.
Or, you can always feel free to Contact us anytime if you have questions, want a no hassle Situation Evaluation, or want to just learn more about how we can help homeowners sell unwanted properties for cash.
Get the FREE Guide and then give us a call at 803-770-0679 and we’ll discuss what your home is worth and what we can offer to buy it for with our Cash Offer Program.