Time and money are crucial factors when you are selling your home. If you need to sell your Reading house fast and want an easy seamless transaction working with a professional home buyer is usually the best choice.
Let’s dive into how you can sell your local Reading house fast and get cash for your house in the process without having to list your house with a real estate agent, or have it sit on the market for months.
How Do Cash For Homes Companies in Reading Work?
Finding local reputable compaines who pay cash for homes in Reading can be a daunting task. Often a lot of the so called “buyers” out there aren’t actually end buyers, but individuals looking to low ball you with an offer. However, with a little research, you can find that there are several investors out there looking to buy property for cash. There are several items you should look at when evaluating companies to work with to sell your house.
Before we proceed below if you’re not sure how the process of a cash buyer like 717 Home Buyers buys in the Reading market check out our “How it Works” page on this site and our FAQ.
Time versus Price
As you might suspect, it is not easy to get the full market value for your home if you are selling it fast on cash. To get the full market value of your house, you may have to wait 3-6+ months even in the best market. Often now buyers are even offering way over asking price for properties but are unable to come up with liquidity at closing due to being overstretched financially. Furthermore, Real estate agents charge a commission (6% of sale price) and is in addition to the other fees you will have to pay at closing.
Most often, local Reading house buyers like 717 Home Buyers, we’ll evaluate your house determine what it’s worth if it’s fully fixed up and determine how much we’ll have to invest in repairing / renovating the property. Additionally, we factor in a profit on the property, which is often lower than the comission you would pay a real estate agent.
The best part of the process is all this can be done quickly and closing can be done with 7 calendar days.
We like to make sure every house seller we work with knows all of their options, and we even encourage you to get other offers and shop them around. We won’t be offering the lowest price in town, often won’t offer you the highest price, but you can be assured that when we make you an offer, we’ll follow through with what we say we’ll do. Transparency is a benchmark of our company and we strive to provide the best communication to our partners.
Does the Property Need Repairs?
Another big factor that local Reading cash home buyers like 717 Home Buyers can offer is we take 100% of all of the work and hassle to sell your house off of your hands.
We literally handle it all for you.
This is a dramatically different service than what a traditional agent would provide. When listing with an agent you’ll still have to clean up your house and get it ready to show it when potential buyers want to schedule a showing. Additionally, you will have to go back and forth through your agent with the buyers on price and terms, etc. This can be a lot of work and you can end up taking a worse offer than a cash one.
Especially if your house here in Reading needs some work.
But, we offer cash for houses in Reading, PA because we’re professional home buyers based locally here in Reading. If a house needs work, we’ll buy it as-is and we’ll pay for the repairs it needs out of our pocket after we buy it from you. And you won’t have to worry about the paperwork either, we’ll get it all created at a reputable neutral party closing agent in town of your choosing.
Do Your Own Research & Value Relationships
Before you decide to go with an investor offering cash for your property, be sure to investigate their reputation carefully. Consider asking for references from the investor. Or do a simple Google Search to see their Google reviews. Talk to people the investor has worked with in the past to determine whether they are the right fit for you.
There are people out there who are less than honest in the real estate world, especially on Facebook. Make sure to do your research, talk to them and make sure you can trust them, and that they can actually close on the offer they made you on time.
When you’re ready to start the process of selling your Reading, PA home for cash, fill out our form and we’ll help you get started.