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Are you thinking "I need to sell my home fast"? If so, check out this blog post! <br><br>When a person is trying to sell their home fast, there are two very different types of buyers to choose from. There is a professional home buyer, or a typical retail home buyer. <br><br>Under most circumstances it makes sense for people to sell their homes to a typical retail buyer. But, if you need to sell your home fast, a professional home buying company is most likely your best bet!
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Sell my home fast comparison Home investor vs. retail home buyer
ALNProperties.com | (516) 331-1090 The two types of buyers discussed in this post are: • Home buying companies...who are local real estate investors in the business of buying houses, renovating them and reselling for a profit. • Retail home buyers...people looking to purchase your house to use as their primary residence. Your home selling experience will be significantly different depending on which of the above mentioned buyer types you sell your home to.
ALNProperties.com | (516) 331-1090 Professional home buyers typically do not need third party financing • All cash offers • No bank involvement • Ability to close fast Individual buyers usually take out a mortgage in order to make the purchase • Slower transaction as a bank is involved • Financing contingency adds possibility that deal will fall apart
ALNProperties.com | (516) 331-1090 Costs & Fees Typically no costs or fees when selling your home to a professional homebuyer (aside from the discounted purchase price) Typical costs associated with selling to a retail home buyer: • 4% in broker fees • Repairs/cleaning • Several months of holding costs (taxes, insurance, utilities etc.)
ALNProperties.com | (516) 331-1090 House showings • Legitimate home buying companies will usually only need to see your home once in order to make an offer and occasionally an offer can be made sight-unseen. • When selling to a retail home buyer through a broker be ready for several months of house showings