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How to sell a house to cash buyers

Have you decided that you want to sell a house? Is it the house you are currently residing in or is it one that is run down and you do not use anymore? You will need a company that says We buy houses in Phoenix fast and for cash.

Who are these companies?gufheicj

Cash home buyers are groups of investors who like to buy property and hold on to it long term. They are people who are rich in cash and will be able to give you a good price for your house no matter what condition it is in. This option is especially suitable for people who are in a hurry to sell a house. It can take a little as a day to have the money in your pocket and the entire process to be completed.

How to sell to cash buyers

If you want to sell your house to one of these companies, there is a very simple procedure. Here is what you need to do.

Give them a call

You can call them and tell them that you have a house for sale and tell them a little bit about the property and its condition.

Fill a form

They will give you a form to fill out which will ask you information about the house, the land, and the location. If your property meets the criteria of the company, the next step will be the viewing.

Appointment for viewing

They will set up a mutually convenient time with you, and one of their representatives will come over to have a look at your house. If they are satisfied, you will meet them at a reputed title deed company where the deal will be signed and completed. You will have a cheque in your hand at the same time.

Time

htjgrvlUnlike advertising and trying to sell a house by yourself or hiring a real estate agent, this method will be the fastest. It won’t takes weeks and months of waiting. No negotiating with potential buyers. Not need to pay commissions to an agent or even repair the house. These companies will buy your house in its present condition so that you will not have to spend a single penny more. The time and money you save will be surprising, and you will indeed get a good cash offer from them too.

Conclusion

Selling a house in today’s property market is not easy and if you want to get the best price withing the least amount of time select a cash buyer and you will have no hassle.

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What step should you take before buying a condo

Purchasing a property regardless of whether it’s a family home, condo or rental complex requires you first to do your homework. These following five key areas should be investigated before the purchase of any Condo:

 Arrange Financing

Understanding the different types of mortgages, what you qualify for and negotiating the best rate and terms should all be completed before you even look at your first property.  They can be trusted to help you along the way. They will go the extra mile to help you make your choice.

You don’t want to waste anyone’s time, including your own, looking at properties and getting excited only to find out your credit history is so poor that nobody is going to finance you at this time. Ensure you have spoken with a mortgage broker or other financial lender and have been pre-qualified for a particular price range.

Now that you know your price range it will save you time and help you narrow your search. You may have been approved; however, most lending institutions now also require that once you find a property it too will need to be approved, based on a professional appraisal. This helps prevent individuals from over mortgaging properties. So remember, you and the property need to be approved.

 Find a Realtor

Licensed Realtors work with real estate transactions every day. They only make money when a deal comes together, so they will work hard to ensure you find what you need.

Agents can be a great source of knowledge, but I would avoid a dual-agency situation. This is when one agent is looking after the interests of both parties to the transaction. It is my experience that in all real-estate transactions each party is better represented by separate agents.

In the typical real estate transaction, the seller will engage the services of a realtor to list their property for sale. The seller pays a commission to his/her agent of which a percentage is paid to the selling agent. Therefore, as a buyer, you receive the services of your agent free of charge.

 Consult a Lawyer

22222lkjThis is one area you do not want to try and save a few dollars by attempting to close a deal yourself. It is imperative that you find a “real estate” lawyer that knows the area in which the property is located.

Finding out the dream home you just purchased didn’t belong to the person you gave the money to, or is sitting on an old waste dump and seeping methane gas, can put a real damper on moving day.

You may not see all the work your lawyer does, behind the scenes, but you will sure notice the complications if they are not done.

Conduct a Property Inspection

In my experience, people will often spend more time inspecting, test-driving and having their mechanic examine a used $5,000 car than they do inspecting a $200,000 home. The information you can gain from an inspection from a reputable, qualified home inspector is priceless, yet only costs a few hundred dollars.

The purpose of this home inspection is not to make or break the deal but rather, open the purchaser’s eyes to what updates and changes will need to be completed and when they should be completed. A $300,000 home may no longer be worth $300,000 if you find it needs a new roof, furnace, foundation repairs, etc.

It’s hard to negotiate a price if you don’t know what exactly you’re buying.

 Prepare your best offer

Hopefully, you are using the resources of a realtor to help you in preparing the offer as it can be very complex.

The first thing you need to know is: are you the only person making an offer or will you be competing with others. If you are competing – all gloves are off. You must make the best offer up front, no games. Give the highest price you are willing to pay and remove every condition you can, then pray.

Otherwise, several factors come into play: how long has the property been on the market, how this property compares to others in the immediate area, how it compares to others in the same price range, what did your home inspection reveal, etc.

Always include a deposit amount large enough to show you are serious (You will get it back if the offer is not accepted). Focus on the big issues: Purchase price, closing date, conditions for inspection and financing. Don’t argue over curtains and kitchen tables.

3333lkjIn summary, real estate buying can be exciting, profitable and enjoyable, however; it is not something you should try alone. You would be wise to utilize the expertise of several professionals. If you have chosen a reputable realtor and lawyer – listen to them, they know what they’re doing.

Check out Square One condos for sale, and, for sure, you won’t regret your investment.