There are a lot of things to consider when placing your home for sale. How long will my home be on the market waiting for a qualified buyer? What shape is my home in, and how much will needed repairs cost? Will the buyer find something wrong with the house after closing and potentially sue? Can I afford the commission if I deal with a Realtor? Call us at
Professional home buyers in Ohio will usually purchase homes as-is. As a seller, this means you do not have to worry about repairs before closing or any other additional expenses you were not planning on. Even when there are inspections, the cash buyer often does not ask you to do anything to the home before proceeding with their purchase, which makes it a truly as-is transaction.
Professional home buyers in Cincinnati & Dayton, Ohio typically close faster than traditional home buyers, and will, more often than not, pay entirely in cash. Traditional home purchases usually require qualifications from banks, mortgage underwriting time, property inspection and appraisal time, and the buyer may not end up qualifying in the end. With cash buyers, there are normally no commissions paid to a buyer’s or seller’s agent, which translates to thousands of dollars in savings for you. For example, the usual commission rate in 2023 is 3% per side, so if you sell your home for $200,000, you would have to pay $12,000 in commissions alone! Professional home buyers also charge much lower transaction fees – they are extremely low in comparison to the commission or closing costs you would have to pay otherwise. They often will coordinate mail-away closings, which is a wonderful thing for out of state owners.
Professional home buyers are in it for the investment. They are not expecting to move into the home on the day of closing. Most home buyers will allow a move-out timeframe after closing to allow you to relocate at your own pace. This is extremely helpful, especially with such quick closing timeframes. Cash buyers are much more flexible in a lot of ways, so it’s a great idea to speak to them, even if you ultimately choose to pursue a listing of your home. Also, you may not even have to clean the home when you leave. You can simply pack your personal items and furniture you want to keep and leave the rest.
When you decide to use a professional home buyer in Cincinnati & Dayton, Ohio, you will not have to worry about going through a roller coaster of emotions. There are no frustrating, middle-of-dinner phone calls asking if you are available to show your home. You don’t have to worry about leaving your home spotless every day before heading to work, just in case there is a showing while you’re gone. You don’t have to worry about possibly running into a buyer’s agent or their clients or dealing with them asking you questions that you really shouldn’t answer anyway. You also don’t have to worry about buyers arguing with you over which furniture you are taking and what you are leaving.
Selling to a professional home buyer is extremely straightforward. They will lay out every step of the process and usually have shortened, very clear contracts that are simple as-is purchase agreements. You will also have lessened exposure to legal risks. You won’t have to worry about the buyer finding something you didn’t disclose about the home because you didn’t even know about it, or something they don’t like about the home or the neighborhood. Under most traditional real estate contracts, there is a potential for the buyer to sue you if they feel they didn’t get all of the information, or if they feel the facts were misconstrued. Professional home buyers already know the state of the property, and they are willing to take on that risk.