Instant Offers and No Money Out of Pocket Renovation
Instant Offers
Open Market Sale
Selling on the open market exposes the property to the greatest number of buyers, often resulting in the highest sale price and net proceeds to the seller. Every home is also eligible for sale on the open market. Open market sellers should expect some uncertainty about the amount of time necessary to complete the sale. In addition, the process of preparing the home for open houses and showings (in-person or virtual) should be taken into account. Properties listed for sale on the open market are still eligible to receive cash offers.
Instant Sale
iBuyers usually purchase properties that are in good condition at close to the open market price, with cash. Their service fees and prep and repairs costs should be taken into account. Closing costs are comparable to an open market sale. iBuyers enable selling without showings or open houses. And, iBuyers can close on the seller’s timetable, often more quickly than selling on the open market.
Bridge Solution
Bridge programs enable a home-owner to buy their next house before selling and moving out of their current home. This enables sellers to find a new home, then move when they are ready. Some bridge programs allow sellers to access the equity of their current home while still living in it. Bridge program service fees should be taken into account, and not all properties and sellers are eligible.
Instant Sale – Any Condition
Any Condition iBuyers are a great resource for sellers who want the convenience and certainty of a cash offer, but whose property might need additional renovations. Any Condition iBuyers purchase properties “as-is,” so all Prep And Repairs expenses are factored into their offer amounts. These buyers specialize in renovations, so they can usually make repairs more cost effectively than the seller, and they pass along those savings to the seller. Therefore, although Any Condition iBuyer offer amounts may be lower than other options, the seller’s net proceeds may be higher. Any Condition iBuyers can complete the entire process, from offer request to close, in just a few days.
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No Money Out of Pocket – Fix Your Home Up for Sale
Get the Most Money for Your House
The vast majority of buyers do not want a home that needs work. They may lack time, money, and motivation to do what needs to be done to bring a home up to today’s standards. Worse, buyers often think it will cost much more than it really does to fix a home. Their offers will be lower than you should get for your home. But there is an answer, should you decide to do so. If you have equity in your home, I have a company that will do the renovation as needed or as your budget allows. They collect payment at the settlement table from your equity.
The Plan
The vast majority of buyers do not want a home that needs work. They may lack time, money, and motivation to do what needs to be done to bring a home up to today’s standards. Worse, buyers often think it will cost much more than it really does to fix a home. Their offers will be lower than you should get for your home. But there is an answer, should you decide to do so. If you have equity in your home, I have a company that will do the renovation as needed or as your budget allows. They collect payment at the settlement table from your equity.