In past years, people started selling their homes for cash because they had upside-down mortgages. Today, the reasons for selling are countless. Some may need to sell because they have liens on their properties while others have lost their jobs. Whatever your situation, a reputable cash home-buying company can help you. Here’s how.
When we buy houses in Alabama, we will often make offers on homes within 24 hours of seeing them. The sale will then occur anywhere from a week to 10 days later. However, you will usually get to choose the actual day of the closing.
A cash home-buying firm will usually pay you cash for your house. The amount the owner offers will be slightly less than the market value of your home, but you can use the cash to get out of debt and pay off any remaining credit card balances.
In a traditional real estate sale, a real estate agent will expect you to keep your house presentable, replace broken door handles or plumbing fixtures and enhance the curb appeal of your house from the outside. When we buy houses in Alabama, we don’t require that you do any of this.
Repairs Aren’t Necessary
You can also avoid repairs when working with a cash home-buying firm. The owner will have his contractors make the repairs.
No Hidden Fees
When we buy houses in Alabama, we won’t charge you the typical real estate fees, including closing costs, a commission or mortgage insurance. You’ll keep all the cash that is paid at the closing.
Another great advantage of selling to a cash house-buying company is that the company won’t back out of the sale at the last second like some traditional buyers. The company wants your home so it can fix it up and sell it for a profit.
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