Do you find yourself currently facing any of these situations, unsure what exactly would be the best course of action for you to take, and wondering if there is a quick and easy way out?
- Do you need to sell your house, but it is currently in foreclosure or about to be put into foreclosure?
- Do you own an unwanted rental property?
- Are you trying to sell your property but have tenants who won’t pay their rent on time or family members you want to get rid of?
- Do you own a vacant property, sitting there doing nothing?
- Have you inherited an unwanted property?
- Do you need to relocate quickly and sell your current home first?
- Do you want to avoid paying realtor commissions and fees?
- Are you going through a divorce?
- Do you have little or no home equity and need to sell?
- Do you own a “fixer-upper” that you don’t want to or haven’t got the time to fix?
If you answered “Yes” to one or more of these questions, we can help you!
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We are independent property investors and experienced specialists in solving real-life real estate problems – especially the ones that place an unmanageable financial burden on you, the homeowner.
We can solve almost any real estate-related financial problem that your property may be causing you.
We are here to help you to take control of the situation you find yourself in, end all the hassles, and get back to living the life you want to live. You deserve to know all of the options available to you right now.
Simply fill out the short form above or give us a call, and our experts will help you sell your house– with no pushy sales techniques or obligations.
We’ll help you make sense of all this confusion, present you with the options that can potentially change your life, and help you get back to where you should be.
Send us your information in the form below, and we’ll get back to you promptly – usually within 24 hours.
We’ll give you a call and show you the options to solve your current situation.
Benefits of Selling to Independent Property Investors
Better Off Home Buyers is a well-established independent property investment company that has helped numerous clients to resolve their real-life real estate issues and move on to a better future.
Here are the most important benefits of selling to an investment company like Better Off Home Buyers:
Benefits of Selling to Independent Property Investors
|1. Investors Buy Homes As-Is||Realtors, instead of investors, will insist on full repairs if your house is run-down or requires work. Usually, you must carry out these repairs before they list and market the property. Investors will never require that of you. |
When they purchase your home, they do so “as-is.” Any need for repairs is reflected in their cash offer.
|2. Investors Can Help with Foreclosure||In most states, the foreclosure period is around 90 days. There’s no guarantee that the realtor you select will be able to sell your home before your time is up. Investors regularly purchase homes in foreclosure. |
They’ll be able to help you to arrange a “short sale,” and close the deal before the foreclosure period comes to an end.
|3. Investors Buy Homes in Bad Neighborhoods||If your neighborhood has gone downhill, finding a buyer interested in your home won’t be easy. Even the best realtors can struggle to sell homes in high-crime areas. Investors do not live in the houses they buy. |
They don’t care about your neighbors or where the home is located. Their goal is to purchase your home, so they’ll be able to find a buyer who won’t care either.
|4. You’ll Never Have to Relist||When you work with a realtor to sell your house, you agree that there is a set amount of time to sell your home. If the home doesn’t sell before the period expires, you have to relist with the same agent or restart the process and find a new agent better equipped for the job. |
The investor purchases the home directly from you, and what happens next lies solely in the hands of the investor. They’ll find a regular market buyer after they’ve prepared the property for sale.
|5. Investors Pay 100% in Cash||Realtors can find people who want to buy your home, but they can’t fund that buyer. Most buyers need loan approval from a financial institution to purchase their home. Sometimes, no approval is forthcoming, and the process has to start again. Investors have their own money. |
They purchase homes completely in cash and never need to be approved for a loan. In this respect, an all-cash purchase makes the sale process much easier.
|6. The Market Doesn’t Matter||A realtor’s success rate largely depends on the housing market in the area of the home they’re trying to sell. Investors will buy your home and make it attractive enough to sell in a rough market or wait until it stabilizes. They’ll wait, so you don’t have to.|
|7. No Complicated Paperwork||When you sell your house with a realtor, there is a mountain of paperwork because you’re dealing with your realtor, the buyer, and their agent. |
When you work with an investor, this doesn’t happen. Investors buy directly from you, and there are no third parties to satisfy. This drastically reduces the amount of necessary paperwork.
|8. No Commission Fees||Realtors don’t work for free. The average realtor will take a 6% commission on the sale of your home. In most cases, this is over $15,000.|
When working with an investor, there’s no reason to deal with commission fees. Nobody needs a cut of the sale.
|9. No Closing Costs||The closing process can rack up costs. An investor cuts a large part of that process out. The closing becomes the investor’s responsibility, and they’ll pay for anything during that period.|
|10. Quick Closing Process||All of these benefits – the lack of agents, commissions, closing paperwork, and loans – allow investors to jump from point A to point B very quickly. An investor can close on your home in a week. There’s no more waiting involved.|
Selling to Independent Property Investors: The Simple Process
In virtually every U.S. city, independent real estate investors buy houses and either fix them up and sell them, hold onto them as a rental property, or sell them to other real estate investors who will have them as rental properties.
The general process of selling your house to a real estate investor is simple, as you can see.
|You connect with the investor and submit information about your house and situation to them.|
|Investors will evaluate the house, arrive at a value for it, determine if any repairs are needed, and make an offer that both fits their buying criteria – and helps you to achieve your goals.|
|You look at the offer and decide if it works for you.|
|If it’s a fit, closing occurs at a title company, and the title company prepares all the documents. The investor buys with cash, meaning it’s a quick close, and you get your cash quickly.|
|The house sale is complete.|
Sell Your House: No “One-Size-Fits-All” Solution
In the end, when it comes to selling your house, there is no one-size-fits-all solution. If you are in no particular hurry to sell your house, perhaps selling your own home without using a real estate agent (or “For Sale By Owner” – abbreviated to FSBO) could be worth the trouble.
However, if you’re happy to wait around 4-6 months, other than simply wanting to move on with the next chapter in your life, perhaps the traditional real estate agent route is the best option for you to go.
If, on the other hand, you do need or want to sell quickly, working with an independent property investor could very well benefit you both.
Perhaps you’re in foreclosure, or you inherited a house and didn’t want the hassle it brings; it may be you’re moving or have already bought a new house. You can’t handle two payments anymore or any other situation that calls for a fast and no-hassle house sale… get in contact with us and see if Better off Home Buyers ticks all your boxes and meets your needs.
FAQs: Selling Your House to Independent Property Investment Companies
Here are the most commonly asked questions and online searches to which people have needed answers. However, if you have a question that is not featured here, please feel free to get in touch and ask us directly.
|1. What type of homeowners can benefit from selling to property investors?|
Selling your house to a property investor is extremely useful for sellers willing to sacrifice a little equity in exchange for a fast, convenient sale with no hassles.
If you need to sell quickly – and we’re talking days or weeks rather than months – investors can close quickly, thus providing the perfect solution.
However, like anything, apply your due diligence by doing your research. It’s very important that you trust the investor you’re working with and that they have a stellar reputation.
Owners who benefit from selling to a property investor have usually found themselves in one of the following situations:
|Bad tenants||Bankruptcy||Code violations|
|Inherited property||Outdated property||Pre-foreclosure|
|Probate||Rundown (repairs)||Tax defaults|
|Upgrading||Relocation for work|
|2. Do property investors deliberately make low offers?|
The sale price a property investor offers you is dependent upon several factors, including:
- The condition of the property
- Its true market value
- The date you need to sell by (latest), and
- The type of investor you’re dealing with
There are three basic types of property investors: House flippers, rental property investors, and regular investors.
- Flippers work like this: They come in, buy the property, carry out repairs and updating, and then look to sell the house quickly.
They will usually pay around 70-75% of the property’s value after completing these necessary repairs. Their offer will estimate how much they can sell the house after flipping – minus their repairs.
- On the other hand, Rental property investors prefer properties that require minor or no repairs – they are looking to rent out the house as soon as possible.
They usually give you an offer that provides them with a monthly income of 1% of the purchase price. If your property is in top shape and a high-rent area, you may even get its market value.
- Regular investors, like Better Off Home Buyers, will either flip or rent, or they may hold onto the property for other reasons.
|3. Can I sell my house virtually (where everything is done online)?|
Yes, you can. Many investors (including Better Off Home Buyers) can provide that service if you prefer a virtual sale. They may ask you to do a video tour and send detailed photographs of the property so that they can assess its condition and value. All documents can be exchanged and signed electronically, and your cash offer can be wired to your preferred online account.
|4. I know I’ll receive my payment in cash, but what deductions should I expect?|
With a property investor, there are no hidden deductions. Unlike when selling through a real estate agency, which expects you to pay a 3-6% commission, selling to an investor means completely avoiding fees and closing costs altogether.
|5. How long do I have to wait for my cash payment?|
You receive your cash offer in full at closing.
|6. Do I still need to do repairs and clean the house up before I leave?|
Not. Any repair costs will have been factored into your offer before being made, and there is no need to clean up the house before you leave. Simply take what you want with you, and leave the rest.