Perhaps you’ve just inherited an old home and need to sell it off, or your existing one is old-fashioned and most things need to be repaired. Fixing major issues in a property before attempting to sell it makes the most sense, but this is not always possible due to financial or time constraints. Unfortunately, failure to do the necessary repairs means that the asking or selling price will be lower. Luckily, you can work around this issue by selling to We Buy Houses New Bedford companies like Stella Point Properties.
Advantages of Selling to We Buy Houses New Bedford Companies
Selling your property in New Bedford to a cash buyer has various benefits, particularly when looking to sell as-is. These include:
1. Fast Sale and Quick Closing
If you’re looking to sell your property using the conventional route, there is no guarantee that it will sell fast, even in a seller’s market. This is especially the case for houses that need repairs. On average, properties sit on the market for 3 months.
Financial institutions tend to compound the problem as they are known for two things: asking for extensive paperwork, and moving at a slow pace.
If you choose to sell your house to we buy houses New Bedford, however, you can be certain that the whole process from start to end will be done in a timely fashion. As a matter of fact, Stella Point Properties can finalize the deal in as little as 7 days. This is an excellent option for those looking to sell and close on their properties as soon as possible.
2. Sales Rarely Fall Through
If you choose to sell your house through the traditional route, there is always the possibility that a potential buyer will be unable to close on the transaction. When this occurs, the closing process is either delayed or entirely abandoned, which is the last thing when you want to sell your home fast and for cash.
These deals often fall through, mostly due to financing or the buyer is unable to get sufficiently financed by lenders. These issues are especially common when it comes to homes sold ‘as-is’ that may need spruce-ups or repairs. Financial institutions usually refuse to finance such transactions until certain conditions are met, which often include repairs.
However, if you choose to sell your home ‘as-is’ to cash buyers like Stella Point Properties, you can be certain that the chances of the sale falling through will be eliminated. The reason behind this is that there is no loan or mortgage that needs to be approved and you can get the money almost immediately.
You Can Sell To We Buy Houses New Bedford As-Is
3. Get Rid of the Need For Repairs
If you’re considering selling your home as-is, chances are you are not in the right financial situation to conduct the required repairs. Whether your house needs new wiring, a new roof, or new plumbing, selling it as-is gets rid of the need for repairs.
If you’re not interested in doing the required repairs, this allows for a quick sale and fast closing.
4. Less Stressful
Selling a house calls for a lot of hard work and usually puts a lot of stress on the seller. Actually, it can be argued that selling a home is one of the most stressful things in life. While selling a home that is in good condition is stressful enough for the average homeowner, the experience can be compounded when looking to sell one that calls for repairs and renovations.
Luckily, you do not have to go through this stressful process as there are buyers like Stella Point Properties who will gladly take it off your shoulders. Taking this approach helps you both avoid the hassle of dealing with showings and open houses, but also experience a fast and painless closing.
We Buy Houses New Bedford For Cash
5. Cash Transaction
If you’re currently facing financial hurdles, chances are you’re looking to sell the property quickly and with a fast closing. Probably, you need money to fund some situations or emergencies like medical bills, purchasing a house in a different location after moving, etc.
Selling your property on an as-is condition to we buy houses New Bedford companies is the best option if you’re in a distressed financial state.
6. Room for Negotiation
If you want to sell your home in an as-is condition, you might think that the buyers only want to make a low-ball offer. However, you might be surprised to know that depending on your situation, they are open to negotiations.
Real estate investors like Stella Point Properties are not trying to rob you, but instead, give an offer that is favorable to both parties. Bear in mind that they have a reputation to keep and ultimately want to satisfy the sellers’ needs.