Who Should You Trust To Buy Your House for Cash?

There are multiple ways to sell a house in the real estate industry. You can hire a Real Estate agent to list your home, reach out to local investors, or contact Betteroffhomebuyers.com to receive an offer. In this last option, a professional homebuying company will make an immediate offer on your home and let you pick a closing date. The process can take about seven days. 

However, the ease of dealing with an investor often leaves sellers wondering whether cash for home company reputability. Are they safe to work with? Which ones should you hire?

Hello, my name is Scott Dalinger. I am the CEO of Better Off Home Buyers. Our company includes experts in purchasing homes, condos, duplexes, multi-family units, and land. Let me explain the seller’s benefits when dealing with a home buying company.

Why Selling Your Home to a Cash buy Company?

When trying to sell your home, there are some benefits of choosing a cash-for-house company. A few reasons why people consider this option include: 

  • There is no uncertainty about whether you will receive an offer
  • You can set the closing date based on your schedule. 
  • You don’t have to make any repairs ahead of the sale.
  • You don’t have to hire Stager, Photographer, and a cleaning crew. 
  • You don’t have to pay Realtor commissions. 
  • A fast offer and a quick closing date allow you to move out quickly. 
  • You don’t have to pay closing costs.
  • Not hidden and unexpected expenses.

Essentially, if you aren’t able to make repairs to your property and worry that it won’t sell, working with a cash-for-homes company might be right for you. This option also allows you to act when facing tight moving deadlines. We buy homes As-Is.

Hiring a Realtor 

Many people turn to hiring a Realtor, hoping to sell their homes quickly and at a top price. A Realtor is a well-trained person who knows how to fill and manage the proper documentation to sell a property, but a Realtor is not a solving problems professional. 

Realtors earn based on commissions. Then they prefer to sell at a higher price because they would receive higher revenue. Therefore, they expect that your home is in excellent condition, have substantial equity, and you don’t have any personal or financial issue.

If your home isn’t in good condition, you’ll need to make major and minor repairs, along with a list of your realtor’s requirements that could cost you tens of thousands of dollars

Selling To Better Off Home Buyers vs. Listing With A Local Agent

Even though you may have a good idea of how Realtors or Investors work, let’s take a closer to real numbers. While you may be able to get a higher “top line” sales price listing with a local Realtor, that doesn’t always boil down to more money in your pocket or less headache. See what will help you best reach your goals with the sale of your house. Dive into the details below to compare your options. 

ActivitySelling w/ An Agent
Inspection & Financing Contingency*:Yes, sales can fall throughNONE
Appraisal Needed:Yes, the sale is often subject to appraisalNONE – We make cash offers
Average Days Until Sold:+/- 91 DaysIMMEDIATE CASH OFFER
Number of Showings:On average, 20 showings1 (Just Us)
Who Pays For Repairs?:Typically, The Seller. However, It could be Negotiated During the Inspection PeriodNONE – We pay for all repairs
Commissions / Fees:6% on average is paid by you, the sellerNONE
Closing Costs?:2-5% on average is paid by you, the sellerNONE – We pay all costs
Closing Date:30-60 +/- days after accepting the buyer’s offerThe Date Of YOUR CHOICE

Work The Numbers And See Which Way Helps You Get There…

When you work with the numbers, you start to see the benefits each way of selling your house offers.

Yes, here at Better Off Home Buyers, we are able to offer you a fair price for your house. We buy homes As-Is.

The Selling & Closing Time

Selling your home through the market can take 91 to 180 days from when you sign a Listing Agreement. The process of selling your house implies various stages.

Your Realtor will coordinate with you to manage the different aspects of your house sale. Executing your agent’s plan requires your time, money, and a lot of patience.

Lenders may reject a potential buyer at the last moment, and you must start over again.

When you contact a company like Better Off Home Buyers, the list is reduced to three bullet points.

  • You Contact us. Either fill out the form on this website or dial our phone.
  • We will visit your house and will present you with an offer.
  • Closing in about seven days.

The time you are waiting to sell your home represents money. If your home stays on the listing for two or six months, you need to cover the expenses associated with your property.

  • Mortgage
  • Utilities
  • Maintenance
  • Home Owner Association
  • Property Taxes

If you sell your house to us, we will carry the expenses. Remember that we will deliver the cash in less than ten days after you accept our offer. We buy homes As-Is.


Who will you deal with?

You must know who you are dealing with and your real estate agent’s system. The professional home seller helping you is part of a realtor company who depends on a broker. Usually, an Agent does not have the power to decide over your case. They follow orders from the broker and can’t dedicate the necessary time to your needs. They have a compromise with the company they signed with to bring a certain number of customers monthly.

That is why they want you to manage visits and receive potential buyers while they look for more clients. You must contact them at a specific time if you have questions or concerns. They are not 24/7 for you.

We work differently. From the moment you contact us, we put our entire team at your disposal.  If you need or want to contact us, you can do it anytime. We are more than happy to serve you.

Rodney Sold His Rental Property For Cash

Our team includes Lawyers, Accountants, Real Estate experts, Financial advisors, and an excellent support team. We are available for you 24/7. 

Before you sign a home-sale agreement, please take your time and search for the reputation and capabilities of your Realtor and the company they represent. In the same way, check comments, testimonials, and the Better Bussiness Bureau site for important information about our company. Selling your house is a serious matter.

How a Mortgage Application is Evaluated

Most people who purchase a home do not have the cash to pay for it at once. They must complete a home loan application with a bank or credit institution. The qualification process usually takes 30 to 45 days and could be rejected in many cases.

Banks and lenders review mortgage applications using a rough formula determining the applicant’s creditworthiness. And whether to approve the application or not. Understanding this formula help to strengthen the application and increase the chances of getting the loan.

Among others, there are three main criteria that banks and mortgage companies use to evaluate a borrower. They are income, equity, and credit. Lenders evaluate not only the quantity but also the quality of each criterion.

Income

Lenders look at how much money a borrower makes and the stability of that income. Also, the earning amounts in past years. If borrowers’ employment status is secure, and if they have worked at the same company for some time. Stability and employment situation. A borrower who makes $10,000 in one year and $300,000 the next has the quantity but not necessarily the quality. Lenders like predictability. 

Lenders like to see that mortgage payments, interest, insurance, and taxes will not exceed 28% of a borrower’s gross (pre-tax) income. 

Assets

Banks want to see how much money is in your bank account. They want to be sure the amount has increased gradually, or it is a grandpa’s gift. Year-over-year stability is key.

Credit

Lenders look not only at the credit score but also the credit score trends. Lenders prefer an individual who has responsibly managed some debt over someone who has never taken out a loan. So, in this case, some debt is better than never having debt at all.

There are different categories that banks take into account to grant a loan. Similarly, the interest rates that apply depend largely on the credit rating. There are specialized websites where anyone can check their score credit for free.

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Knowledge is Power

If you are selling your home, inform yourself about the possibilities available. Consider the time and price you are expecting to sell your home. Check who provides you with the best option, a Real Estate Agent or Better Off Home Buyers.

There is a myth about selling to an investor. The general perception is that an investor always takes advantage of the seller and pays much less than the house’s commercial value. That statement is far from true. We offer to pay the maximum possible price for a house. However, you, as a seller, must do your homework.

To-do list before selling your home. 

  • Hire an appraisal to know the actual price of your property. 
  • Search your neighborhood market to find the value of other properties sold.
  • If you hire an agent, ask questions before signing an exclusivity agreement.
  • The time you are waiting for your home to sell represents a lot of money
  • Contact us to evaluate and make a no-obligation offer for your house.
  • Compare your options. We can pay for your property in about seven days.

Regardless of your decision, always do it after you take the time to weigh your options. We can guarantee you that we will buy your home. A real estate agent can’t guarantee you they will sell your house. They can’t guarantee the best price possible either. Please take a look at how our buying process works. We buy homes As-Is

How It Works

  • Contact us and let us know about your property
  • If it meets our buying criteria, we’ll contact you to set up a quick appointment
  • We’ll present you w/ a fair, written, no-obligation offer
  • We close at a local reputable title company, cash in your hands in as little as 7 days
  • We use technology and apply social distancing to communicate with you and protect your health.

Timeframe: Once we collect your property information, we will present you with a fair all-cash offer within 24 hours. If you accept it, we can close as quickly as 7 days or on your schedule (sometimes we can have a check in your hand the same day!).

Selling Your House Can Be A Quick And Simple Process

Better Off Home Buyers buy houses in and around Portland (and other areas, too!). We’re not a listing company; we’re the ones buying your house. We’re able to close quickly or on your schedule. 

As we’ve mentioned, there are no real agent commission and closing fees when you work with us. This means you don’t have to worry about selling costs, plus other expenses having to come out of pocket to sell your house fast or even to get your house ready for sale (we’ll buy your house as-is). We pay cash.

Don’t worry about repairing or cleaning up your property. We’ll buy your house as-is, whether ugly or pretty, regardless of location.

See what we can offer you for your house. We Buy Homes As-Is

Connect With Us!

Have some questions you want to ask us?

Excellent! We love talking with people to see how we can help you reach your goals.

If you have questions about…

  • Our process for making you an all-cash offer for your house
  • Our process for helping homeowners stop foreclosure in Portland or across the US if your situation qualifies.
  • Struggles with rental properties.
  • Our way to help you if you can’t comply with your Mortgage forbearance plan.
  • Our company and who we are, or anything else you want to ask us — even just to make sure we’re real people.
  • Just give us a ring at the phone number below or shoot us an email through the form. We’ll get back to you within 48 hours. If you need us quicker, make sure to call as we can answer phone calls faster than we can return emails. We buy homes As-Is. We want to hear from you!

Podemos Ayudarle.

Compramos casas rapidamente y en efectivo.

Hablamos Espanol.

Scott

Hi, I'm Scott Dalinger a real estate investor in Portland, Oregon. I focus on helping homeowners and rental property owners out of negative situations by offering cash for their property. I research and write about real estate on my business website.

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