Florida Real Estate Blog

March 29, 2008

A cash buyer buying my house

Filed under: Real Estate — Mark Longman @ 9:20 am
by Mark Longman

We talk to a lot of people in various circumstances, whether it’s selling due to repossession, divorce, too much debt, or just to release some equity. Today’s homeowners have lots of options to sell their home; they could go through an estate agent, sell it privately or use someone like us.

There is a wide range of services they offer this may not fit everyone’s requirements, however there are certain benefits when you use a cash buyer as above the more popular methods; as they can complete fast on the sale (usually between 4 - 6 weeks).This is due to them investors having cash available, no house chain and everything in place like solicitors and surveyors.

To achieve the highest price for your house then an estate agent would be the best option for you, this normally costs about 1.5% - 3% in fees and takes between 3 - 6 months, if not more.

They will make a realistic offer within 24 hours on the property. This is based on information obtained by extensive research in the local area, recent sales of comparable houses, similar properties that are currently on the market, what the local trends are showing and if any work is needed on the property. Each customers offer is to fit their needs.

They can offer to “sell and rent back” so the seller never has to leave their home, “sell and buy back” - this is where the seller is given the option to buy their property back and a set number of years at a reduced rent, or just sell and move on.

Most companies pride themselves on putting the customer first and making sure that they have all the information to hand before making a decision. I would encourage people to investigate all avenues of selling their home to meet their requirements.

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