Dealing With Houston Foreclosure In Texas

Houston ForeclosureIf you’re a homeowner in Houston, Texas, you know the worst thing that can happen to you is to lose your house to foreclosure. In this latest post, we will be talking about how a Houston homeowner can save their credit and also stop a lender from dealing with an Houston foreclosure.

 

The truth of the matter is, even though nobody in Houston wants to deal with foreclosure, a significant number of people still go through it every single day. So many people still lose their homes to foreclosure even as experts talk about how significantly low the Houston foreclosure rates are. Life can change in an instant the moment you file for a divorce, lose a job, or face the loss of a loved one. Houston residents have been going through a lot in life, so dealing with foreclosure is the last thing anyone would want.

However, if you have to deal with the situation, you can easily sell my house fast in Houston, Texas. Working with a cash buyer who’s ready and willing to help you will not only help you avoid foreclosure, but also save your credit in the process. Keep reading if you want to learn about how a direct sale can help you avoid  Houston foreclosure.

Selling my home fast

Anyone who wishes to sell a property in Houston knows that they have two primary options. They can either take the conventional route and list it, or opt to work with a cash investor who’ll guarantee a sale. Sure, this unconventional route might fetch a little less than what a seller would get on the MLS but you also have to factor in the fact that while working with a cash buyer, nobody will ask you to deal with the marketing costs, commissions, agents’ fees, or repairs. All you need to do it sell and walk away.

Be advised that listing in Houston can be very risky. If you don’t get a buyer soon enough, the lender will be able to get to it and that means that you lose everything. To not be overlooked by prospective buyers, you’ll have to find a way of making the home more appealing.

Plan the move now

Working with a cash buyer means you can get an offer this week and close in the next couple of days. So you have to focus more on the moving logistics and less on the sale itself because it’s already covered. Figure out what the move will cost you and more importantly, where you’ll be moving next.

Do not think twice

Act, and act now. Don’t hesitate because once the lender starts that foreclosure process, there’s no looking back. First off, your credit score will receive a hit and that will make buying another home more difficult. The best move is the one that requires you to be proactive as opposed to waiting.

Let us help you sell your home fast in Texas.

Buying Real Estate During An Off Market In Houston, Texas

Have you ever been puzzled by how fast professional real estate investors in Houston, Texas seem to land best property deals? How do you think they do it? To be honest, the answer has always been within reach; buying real estate during an off market is what they go for in Houston, Texas.

In case you didn’t know, there are several types of off market properties in Houston. These include short sales, pre-foreclosures, pocket listings, and more. So the question that you need to be asking is, ‘why is it so difficult for new investors find these properties?’

They do what many new investors are afraid of doing. You’ll find them spend most of their time looking for a promising real estate market, so that they can conduct a property owner search. The information that they obtain is then used to build a list. The list will have names of property owners selling in an off market. you’ll find the investor marketing him or herself by mail, email, or telephone, just to let the seller know that someone is interested in buying a property in that area. If the owner bites, the investor will go ahead to make an offer and seal the deal.

Buying real estate investment property during an off market is a great strategy because:

  • You won’t find yourself in a price bidding war
  • The real estate owner won’t have a taste of an open market, so you’ll likely get a great deal
  • There will be no pressure from other sellers. In other words, you’ll have all the time in the world to inspect, negotiate and analyze that property.

How To Find Who Owns A Property In Houston, Texas

  • Figure out the best place to invest

Before you even think about looking up property owners in Houston, Texas, choose an area you find appropriate to invest. Houston has several good neighborhoods that are located near good school districts and different amenities.

  • Talk to a real estate professional

We have cash buyers who have been in this business for a very long time. We can help you realize your real estate goals in Houston, Texas. So don’t hesitate reaching out for help from a company that believes in working with the other investors to improve the community’s situation.

  • Set up search filters

Drive around and collect addresses that you’ll fill in the Address field of your search filter. Don’t bother with the location-related filter as it will auto-fill once you’re done inputting the address. The results you get should be the current contacts of the property owners.

  • Make contact

The final step in this process is reaching out to the owner just to let them know that you’ll be looking at different properties in the area. If they were thinking about selling, they should get back to you with an offer, and you can make a counteroffer.

You can buy properties during an off market at a good deal but only if you know where or how to look for them. And in case you feel like you need help, feel free to reach out to us. Click here to call us today.

Effective Tools For Property Valuation In Houston Texas

Houston sellers always think that they know the real values of their houses but the truth is, they actually don’t. Property valuation in Houston, Texas is not a simple ABC process. You can’t just talk to an appraiser or use the Zillow estimator. They are a couple of things that you can do to get the true value in Houston, Texas.

Use a CMA

What is a CMA? The Competitive Market Analysis is more or less like a report that’s normally prepared by real estate agents. However, this is something that you can do on your own. With the help of a CMA, you can get a rough estimate of what your property’s worth by comparing it to other similar homes sold in the recent past. Whatever information you need can be found on real estate sites that share MLS data, including Trulia and Zillow.

To calculate the estimate, look for recently sold homes and add or subtract things like lot size, number of rooms, or square footage. Then average out the prices they sold for to figure out a good base point for the property’s value in Houston, Texas. Any real estate agent can provide a CMA free of charge but many of them prefer holding onto them until they get hired.

Online calculators for property valuation in Houston

Thanks to the internet and this new era of technology, you can get a number of great tools critical for property valuation. Unfortunately, some of these tools only work effectively if you have the right information as input. So make sure you go accurate facts. Example of real estate sites that you can use includes Realtor.com, Zillow, Redfin, Homegain, Chase, and Remax. Use these sites to compare your numbers and determine the average. Remember, there’s no real estate site out there that’s completely fool-proof. So you might realize that what you get as your property value varies a bit from one site to the next.

Hire an appraiser

In case you have been questioning the value that you get after using the CMA and different online tools, you should consider hiring an appraiser. An appraisal will only cost you a few hundred dollars, and it will offer valuable insight. Just make sure you do your homework before hiring an appraiser as you can fall into the hands of con artists looking to take advantage of your naivety. Find out what level of experience they have and what they specialize in.

Study the housing market

Property values in Texas fluctuate all the time. But there are patterns that you can study. For example, most of the time property values hike during summer and drop in winter. Also, some property values fluctuate due to availability, supply or demand.

Work with a professional cash buyer

You always have the option of working with a professional cash buyer who has been buying and selling real estate for years in Texas. We are the perfect example of such a professional. Call us and we will send someone to you.

Sell Houston Home Online

Sell Houston Home Online

It’s not unusually to bump into a real estate seller looking for a reputable agent to help them sell their Houston homes in Texas. People have always trusted these professionals not because they are good at what they do, but because they are more familiar with the listing process itself. The practice of selling real estate in Texas is not something that started just the other day. It’s been around for eons. And thanks to time, the process has evolved. You no longer have to hire a realtor to help you sell in Houston. You can now sell Houston home online.

Sell Houston home online

The first time the thought of selling my Houston home crossed my mind I was worried I couldn’t find a professional who’ll meet my requirements. I’m not going to lie, I did think about taking the traditional route up to the very last minute when a friend enlightened me about the very many available options for sellers in Houston.

If you’re looking to sell you don’t have to depend on the agent. You can sell to a cash investor or professional house buyer like our company, or sell on your own online. Selling a house in Houston is not easy at all. The property can go stale on the market even with a professional agent by your side. One would say, selling is basically a gamble.

So what should I know before I sell Houston home online?

You don’t need a license or a particular set of skills to sell your house online in Texas. You can always take advantage of this digital age and sell successfully at a low cost. Of course, you can still working with an agent while selling online but just know that at the closing table you’ll have to pay the commission which usually accounts for the six percent deducted from the final sale.

There’s a ton of information of how to sell homes in Texas on the internet. Therefore, the services of a broker are redundant. You can get more attention to the listing by listing the property online with or without an agent. I’d advise you to go solo and keep the equity for yourself.

The downside to selling my Houston home online

Selling the property online is great. But, selling through an agent might be better because they are professionals who already have resources and connections. Plus, it’s in their best interest to sell at a high price.

You also get to know the selling point while working with an agent. They’ll tell you what to use and help during the negotiations. Let’s not forget the fact that you get to sit back and let them deal with all the paperwork.

Can’t I sell my Houston home without an online listing?

Yes, you can! A direct sale is one selling method that will help you close in a matter of weeks. You won’t have to pay the closing costs, fix anything in the house, or clean it.

Are you interested to know more about this method? Call us today!

Rent to own homes scams

rent to own

A con artist will only feel confident about the rent to own scam they are about to pull if they sense desperation from you. According to psychologists, the body language can communicate a lot about an individual. For example, if you’re desperate to get or have something, you don’t have to explain to anyone how desperate you are. You’ll be giving off the vibe using your body language. That’s why a little desperation from a mark is enough to make them a target.

If you, the mark, need a house to live in, you’ll be desperate to have a roof over your head. Maybe you’re not contented with renting a Houston house in Texas. You need something more, like climbing up the social ladder by owning a Houston home in Texas.

So you’d wish to buy a home in Houston, Texas. But unfortunately, this will be difficult because your credit is severely scarred. Even the local bar where you regularly hang out will start asking you for an advance. Securing a mortgage in that situation won’t be a walk in the park. Gradually, the desperation to own a home in Houston will grow. Your pride will be at stake. It won’t be easy to just sit by and see your family members and close friends achieve their real estate goals.

Then you see a rare opportunity. As you drive in town you come across an Ad that reads, rent to own. And you find yourself thinking, “So I can own my Houston home in Texas after renting it for a while?”  And even though chances are you’ll pony up three times the amount you would have paid if you paid cash up front, you don’t really care. All is good as long as you one day live the American dream. rent to own deals are a tad bit different and less treacherous. The only thing you need to look out for is the “Option Fee.”

What’s the rent to own option fee?

The process is not free or cheap. Let me toss in a hypothetical situation that you’re most likely going to experience.

You get to work with a shady Houston landlord who is also in desperate need for fast cash seeing as he like gambling. He’ll need cash to pay off the gambling debt or meet the margin call at the stock brokerage. Obviously, the rental income is set in stone but they really need the cash. That’s where the “Option Fee” will come in.

They will list the Houston house and when you make contact, you’ll have to take the house at an option fee as you work on your credit situation. This amount is usually one to three percent of the property’s future purchase price. You’ll be able to calculate what you have to pay as the “Option Fee” once you sign the buyer-seller contract.

So it’s a win-win. You get to one day call the house your own and the shady landlord in Texas gets to pay all the gambling debts.

Property investment companies like ours can help you better understand this rent to own real estate deal.  Call us today and talk to one of our representatives.

Abandoned Houston Homes

Abandoned Houston Homes

Let’s be honest for a second. We can all agree at this point that abandoned Houston homes are just eyesores in a sort of way. Some people would say that the economic forces are the primary reasons behind such properties existing in Texas. The presence of an abandoned Houston homes in your neighborhood can affect you and the people living there because it usually decreases the value of other properties in the surrounding area while increasing the welfare levels.

There are so many abandoned Houston homes in Texas. A recent survey showed that the vacancy rate of these homes stands at ten percent. That’s approximately 235,229 vacant units. And these numbers will definitely rise if we’re to take into consideration the damage left behind by Hurricane Harvey.

So what should I do with the abandoned Houston homes next door?

You need to start by going through all the codes pertaining to vacant Houston homes in Texas. In the process, you’ll learn more about peeling paint, blown out windows, poorly maintained landscape, and trash strewn lawns.

Without a shadow of doubt, the Houston ordinances will look into the problems brought about by Houston’s abandoned homes.  They won’t just sit by and watch the public safety being compromised. An abandoned Houston home in Texas can be hazardous in that it can be the breeding ground for mosquitoes, or home to abandoned animals. Not to mention, if the tree limbs are left untrimmed they can cover the power line and this is risky.

  • Reach out to Houston’s municipality

Once you realize that the abandoned Houston home in your neighborhood violates the law, pick up your phone and call the local district housing authority. You have to let them know about the property immediately. The truth is, the ordinances won’t be automatically enforced but seeing as you’ve grasped all the law concepts, you already have the leverage you need to demand the municipality’s attention.

Once they receive the complaint, they will send zoning inspectors to assist you resolve the small issues but won’t address the major repairs without permission. They have to seek consent from the owner of the abandoned Houston home.

  • Contact the homeowner

The issue won’t just resolve itself. You can simply eliminate the problem by asking the owner of the property to do something about it. Ask him or her to reach out to a property investment company like ours for help.

We are a property investment firm that not only buys and sells abandoned Houston homes in Texas, buy also advises homeowners on how to handle such situations. As a homeowner, you can sell the abandoned Houston home as-is and have all your closing costs paid. We’re talking about a company that has been transacting in the housing market in Texas for years. They have a wealth of experience and a great team of skilled workers.

So, do you want to do something about the abandoned Houston home down the street? Call us now!

Why Sell a House to Cash Buyers?

Making the decision to sell your home is one of the major decisions you will probably make in your lifetime. There are lots of options, between listing with a real estate agent, selling on your own, and the decision to sell a house to cash buyers. When you are going to do this it requires several different types of planning for the future. You will have some options in the way you want to sell your home. So why should you sell a house to cash buyers? Let’s see what that entails.

Why Sell To Cash Buyers?

why sell a house to cash buyers

The best way to decide to sell a house to cash buyers is to compare this to traditional home selling.

Listing the home Through the Real Estate Agent

If you go through a realtor the first thing that needs to be done is that it has to be inspected by this professional. The realtor will then do an analysis of the market in your area. After this, he will suggest a listing price. You have the final say as to how much you want to put the house on the market for.

Necessary Repairs

Your realtor may also suggest that you do some specific repairs before listing the house. You then need to make the decision as to whether it would benefit you financially to do this. It will also depend on whether you have the extra funds to put into the repairs.

Advertising and Promotion

Your agent will look after the task of advertising your home and promoting it to potential buyers. This means putting in on the open market. Interested parties will book appointments to see your home. Most likely there are other homes in your area that are for sale so your home will be competing against these.

Showings

Home viewings are one the biggest inconveniences. This is necessary when selling your home in the traditional manner. Some find this to be such a hassle that it answers the question as to should I sell my home for cash.  Viewings mean that several people will want to see your home at different times. You may have to leave the home for periods of time, so the agent can hold open houses. It means constantly having to keep the house clean and orderly.

The Negotiations

When a potential buyer is going to put an offer in it usually means some negotiations back and forth. This can take some time before an actual selling price is agreed upon. Many times during this process the deal falls through. The buyer may not be willing to pay the final price. Or, they may not be able to arrange financing.

The Paperwork

With the sale of a house with traditional methods, there is a lot of paperwork involved. Not only does the realtor have to prepare this, but you will also need a lawyer to help close the deal.

Selling a House to Cash Buyers

pros of deciding to sell a house to cash buyers

There is a good chance you may not even have to list your home. It may be that your home is in need of several repairs to bring it up to market value. If you take the option to sell a house to cash buyers then you most likely can take the “sell house as is” opportunity.

Do some checking in your area. You may find there are investors that are interested in sellers who want to sell a house for cash.  Your realtor may even be aware of someone who may be interested in this type of purchase. This means the cash buyer is prepared to buy the house in its current state.

Should I Sell My House For Cash?

Your personal situation will help you answer the question, should I sell my house for cash? You need to know the reason that you are selling in the first place. It could be that you have run into financial difficulties. Or perhaps your job requires you to move to a new location. Another reason may be that the house is in bad need of repairs and you don’t have the extra money to carry these out.

All of these situations may raise the need for some quick cash. This is drawing you towards the decision to sell a house as is. When you sell a house to cash buyers you don’t have to deal with a lot of the hassle. These are the ones that come with the traditional way of selling.

Other Reasons to Sell a House to Cash Buyers

more reasons to sell a house to cash buyers

Fast Sale

When you sell a house to cash buyers you are normally looking for a quick sale with a fast closing. At first, you may think it will be difficult to sell a house this way because of the need of repairs. There are several investors that are willing to buy a home as is. If you’re looking to sell your house fast then a cash buyer might be for you.

Fair Price

Naturally, the price will be lower than it would be if the home were in pristine condition. You will still receive fair market value, based on the worth of the home. Also keep in mind if you do your research for your area first, you may not have to even list your home. Chances are, you can find interested parties who advertise that they want to pay cash for homes. This means you will save substantial money on the real estate fees. You may also get some extra savings on your lawyer’s fees. This is because there is not as much legal work involved in this type of sale.

Fewer Inconveniences

When you sell a house to cash buyers you don’t have the inconveniences of waiting for the right buyer. You don’t have to do the repairs or put up with the intrusion of people viewing your home.

These are all valid answers to the question why sell to cash buyers. The answers are the solutions for those who want quick cash for their home. It is an ideal method for those that don’t want to go through the standard process of home selling. When you sell a house to cash buyers you can tend to your financial needs quickly. Or, you can get on with the move that is required based on your situation.

Sell a House to Cash Buyers Now!

reasons to sell a house to cash buyers

Watching your house sit on the market, spending an arm and a leg in repair costs, and not wanting to list with a real estate agent are all reasons why cash buyers are a better option for you. At Icon Advantage Resources, Inc., we specialize in quick home sales for cash. That’s the benefit of selling a house for cash and working with us!

No matter what condition your house is in, we’re here to help you out. We’ll get your house closed, and write you a check on the spot! Call us today to get a no obligations quote for your house, or just to get your questions answered. We’re always happy and ready to talk! Contact us at 832-663-7099.
 

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

Process of Selling My House to Cash Buyers

When it comes to selling a property, homeowners have many options. From the traditional hiring of a realtor and sitting months on market to listing a for sale by owner and selling your own house, homeowners make the best personal decision with the most knowledge they have. Unfortunately, many homeowners have little to no experience working with we buy houses companies. The benefits of cash buyers are numerous, so when I want to move on quickly I’m selling my house to cash buyers.

The Benefits of Cash Buyers

My first property was a traditional starter home and required nominal financing to afford. Once I procured a higher paying job out of state, I knew I needed to sell my house quickly in order to relocate. After researching local real estate agents that came highly recommended, I realized the average realtor couldn’t promise a sale real estate closing within a specific timeframe; waiting months of a potential buyer to purchase my home wasn’t an appealing outcome. I began considering other options because utilizing the services of a realtor wasn’t a good solution for my hard time constraints.

After hours of extensive research, I realized the most convenient and quickest method for me to move was selling to cash buyers. Initially, when I made my first cash home buying inquiries, I expected selling to a ‘we buy houses’ company to come with some negatives.

Why hadn’t I heard about their buying proficiency and fair cash offers before now? And why weren’t all my friends and family using their unbelievable services? I asked trusted family members why, and they admitted to not knowing any local cash buyers, not recognizing the advantages, and not understanding the general cash buyer selling process. I felt it necessary to explain why I was selling my house to cash buyers.

the first steps of selling my house to cash buyers

Reputable cash buyers offer numerous far-reaching benefits that make selling a home a simple process. The advantage I was most drawn to was their ability to guarantee a closing within a week of our first meeting. That was simply unheard of when I originally researched the differing selling options homeowners had before I even listed my property. With cash buyers, I wouldn’t have to wait for a lengthy financing period because they had cash on-hand to purchase my property. If they viewed my property and wanted to purchase it, they could immediately. This was great for me to relocate.

Another unique benefit to selling my house to cash buyers was their desire to purchase my home in whatever current condition. For people like my parents, who had been unable to maintain basic upkeep and failed to update their home with the newest appliances, selling a distressed home could be difficult. Very few buyers want to acquire a home that needs major home repairs and lacks that move-in ready appeal. Thankfully, selling my house for cash meant selling without making any costly remodels or renovations.

An Atypical Selling Process

The standard selling process most homeowners encounter is fairly straightforward. A homeowner needs to sell, chooses a local real estate agent to represent them, and entrusts the agent to assess the home, provide a fair market value, and make professional advertising materials to entice prospective buyers.

Once a buyer is interested, the realtor and buyer’s realtor negotiate on behalf of both parties, and – best case scenario – agree and sign a purchase agreement. Now, even though the purchase agreement is reviewed and signed by both parties, the seller won’t receive funds until after the buyer procures home financing, which requires a mortgage lender or bank to approve. From the homeowner’s initial decision to sell to the buyer’s mortgage approval takes a few months. What’s worse is the buyer’s ability to weasel out of a purchase agreement without penalty due to clauses and contingencies, leaving the seller stranded and starting the selling process all over.

what I did when selling my house to cash buyers

I chose to sell my house to cash buyers because the process was more secure than the standard, and I knew I wouldn’t be let down. When selling to cash buyers, homeowners are able to skip many of the typical selling steps in order to close much faster. This atypical selling house for cash process begins with a homeowner deciding to sale. Instead of contacting a real estate agent though, they call their preferred cash buyer.

The cash buyer assumes the role of the realtor and assesses the property – sometimes with walkthroughs, sometimes using comparable homes – to determine a fair market value cash offer. After, they present the cash offer to the homeowners, the sellers can choose to close at their earliest convenience. No waiting for a financial approval!

Selling my house to cash buyers meant I was in control. I determined the closing date, kept the traditional realtor’s commission, and approved a cash offer I felt to be fair. I didn’t need to research local real estate agents or wait for potential buyers to judge my property’s worth; the cash buyers saw my home’s potential even with the varied flaws that turn off other buyers. My cash buyer was a friendly professional and assisted me throughout the selling process without payment. They talked me through any questions I had and showered me with references from other sellers. Selling to cash buyers allowed me the security to start my new job without worrying about selling my starter home.

Selling My House to Cash Buyers

why I went with selling my house to cash buyers

Though homeowners have many options when first deciding to sell their property, choosing a reputable cash home buyer should be a priority if needing to sell fast. Real estate agents work with multiple homeowners simultaneously and often cannot afford the time and dedication needed to sell a property most proficiently; cash buyers, on the other hand, are less burdened by multiple sellers because they guarantee speedy home sales.

When my family and friends ask me for referrals when they want to sell their homes, I advocate for cash buyers every time. Undoubtedly, cash buyers are real estate experts that are trained to determine a home’s value. Cash buyers also offer a simplified selling process. Forget waiting months to move on from your home; selling to cash buyers means being able to find your next home with ease.

Want to Benefit from Selling Your House for Cash?

choose selling my house to cash buyers

If you’re stuck thinking “why am I not selling my house to cash buyers” then you don’t have the time watching your house sit on the market. You don’t have that time, and we understand that. At Icon Advantage Resources, Inc., we specialize in quick home sales for cash. That’s the benefit of selling a house for cash and working with us!

No matter what condition your house is in, we’re here to help you out. We’ll get your house closed, and write you a check on the spot! Call us today to get a no obligations quote for your house, or just to get your questions answered. We’re always happy and ready to talk! Contact us at 832-663-7099.
 

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

7 Tips for Selling Your House for Cash to a House Buying Company

Selling your house for cash can be an arduous affair if you’re not experienced with the ever-fluctuating real estate industry. From determining a home’s asking price to becoming familiar with the legal documents involved, selling a home typically requires specialized knowledge.

Thankfully, the popularity and prominence of selling alternatives have crept up in the past couple decades, giving sellers multiple methods to move on. Instead of the typical hire-a-realtor dance, more homeowners than ever are considering the benefits of cash offers and selling a house to cash buyers. These seven tips and tricks for selling your house for cash to a house buying company will provide the simplest home selling solution on the market today.

1. Research House Buying Companies

so research before selling your house for cash

If you’re selling your house for cash, you must first research house buying companies and determine which one is best for your home sale. There are many, varied house buying companies out there: those who buy sight-unseen, those who work predominantly online and outsource to investors, and those who search for local homes and must participate in walkthroughs before submitting a fair cash offer on a house. When conducting your own personal research, make note of the individual services provided to make the best-informed decision.

2. Choose Local

Like most products, local cash buyers are in higher demand than the distant, online competition. And there’s a reason for this. Local cash buyers know the area; they have first hand experience with the neighborhoods, regional home legislation, and can determine the price of a home without as much research. Local cash buyers are also more apt to possess similar personal values and visit the same local establishments. The commonalities between a local cash buyer and a homeowner can be vital when meeting, assessing, and selling the property.

3. Check References

Before deciding to work with a specific house buying company, it’s imperative to evaluate the cash buyer’s reputation. Homeowners can evaluate a company’s service by browsing their references from other sellers that have used their services. These can be typically found online through either the company’s website or via business rating services like Angie’s List or Yelp. Though some can be forged, honest references will offer real life author names and provide very specific details into a business and their dealings. If you ask for references and aren’t provided any, move on to another local cash buyer.

4. Be Honest About Your Home’s Condition

list your houses condition when selling your house for cash

One of the best benefits of selling your house for cash is that house buying companies generally do NOT care what condition a home is in. Have comprehensive water stains? No problem. Need extensive updates or major renovations? They’ll still buy it. House buying companies aren’t turned off to the average home degradation most other prospective buyers avoid. Whereas standard buyers want move-in ready properties with immense curb appeal, cash buyers want dilapidated homes with visible age. The more broken, the better. There’s no need to lie about your home’s flaws; cash buyers see the potential of a property. Before having a local cash buyer inspect your house, there’s no harm in being upfront about the possible damage and problem areas.

5. Don’t Be Afraid To Be Yourself

Unlike dressing up in your Sunday’s best for an Open House or hiring professional cleaners to spruce up your home, don’t be afraid to act like your natural self when contacting and meeting a representative of a house buying company. Cash buyers are professionals; they’re not interested in a home or homeowner’s first impression. They’re interested in the character of the property and the willingness to sell from a homeowner. Experienced house buying companies communicate with motivated sellers with distressed properties on a consistent basis; they know how to approach a sale with finesse, empathy, and understanding. Cash buyers won’t judge, so don’t be afraid to show off the real you.

6. If You Don’t Know, Ask

ask questions before selling your house for cash

The home selling process can be a lengthy and complicated mess for inexperienced sellers. Completing legal forms can be tedious and determining a home’s accurate value can be challenging. When you a homeowner hires a real estate agent, they expect a certain level expertise to assist with whatever questions they may have; unfortunately, not all realtors have the time, knowledge, or resources to accurately answer a seller’s questions.

When selling your house for cash, you’re given access to professionals that put you and your property first. If you have a question about the home selling process, just ask. If you want to know why a cash buyer offered a certain amount, they’re willing and able to inform you. Cash buyers have extensive knowledge with the real estate industry, current housing market, and price fluctuations; there are few more knowledgeable professionals capable of answering a homeowner’s inquiries.

7. Take the Initiative, Make the Call

The first step in the process of selling to cash buyers is simple: make the initial call. While some cash buyers will contact a homeowner after initially listing their property, many miss the opportunity to make the first call. If you’re considering selling your house for cash and haven’t received at least one email or call from a house buying company, it’s time to take the first serious step. When a cash buyer receives a call from a legitimate local seller, they are determined to submit a fair market cash offer and finalize a home sale. If you sound serious about selling your home, they’re serious about buying it.

Selling Your House for Cash

It’s no secret that homeowners have numerous options when needing to sell their home. They can hire a real estate agent or list as a for sale by owner. A better option for sellers are local cash buyers though; they’re interested in buying properties in any condition and closing at the earliest convenience for the seller. Local cash buyers are familiar with your area and know your home’s worth, usually without even seeing it. If you’re interested in using a house buying company, remember to be yourself; cash buyers love to work with honest sellers and have a fondness for flawed homes.

Sell Your House Now!

considering selling your house for cash

Realistically, listing with a real estate agent takes anywhere from 4 – 10 months depending on your market. In Houston, it could take a minimum of 6 months. You don’t have that time, and we understand that. At Icon Advantage Resources, Inc., we specialize in quick home sales for cash.

We’ll get your house closed, and write you a check on the spot! Call us today to get a no obligations quote for your house, or just to get your questions answered. We’re always happy and ready to talk! Contact us at 832-663-7099.
 

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

For Sale By Owner Pros and Cons

Before listing a home on the real estate market, homeowners need to make one very important decision: who is going to actually sell the property. Deciding how to sell, either for sale by owner, with a realtor, or with a cash buyer, is a big issue. Selling a home can be a lengthy and complicated process for owners, so many choose to employ the services and expertise of a local real estate agent for assistance.

Other homeowners feel confident in their ability to sell and decide to list a for sale by owner. While selling a house as the owner has enormous benefits, including selling for cash offer, it also comes with unappealing pitfalls for those inexperienced with the process. To avoid these disadvantages, homeowners must become familiar with the for sale by owner process and recognize both the pros and cons.

Listing A For Sale By Owner

listing for sale by owner property sale

When selling a house as the owner, it’s vital to start with pricing the property. Accurately pricing a house is easier said than done, especially when the seller acknowledges their owner’s bias. It’s crucial to correctly price a property from the start of the selling process because it attracts certain buyers and determines how quickly the home will sell. While a good marketing campaign can boost open house attendees, sellers will lose out on many potential buyers if they overprice their property.

To accurately determine the asking price and avoid overpricing – the most common for sale by owner mistake – homeowners must calculate the home’s accurate value. Accurate value is the best price a buyer is willing to realistically pay and is found by browsing comparable properties in the same condition within the same area. Homeowners should also consider the current real estate climate and the cost of financing, if available.

Before finalizing an asking price, homeowners must remember that an asking price is not the selling price. Other home selling prices, tax assessments, and previous values for the home are often not reflective of the true market value of a property. Instead, acquire a professional home appraisal when justifying an asking price.

Successfully listing a for sale by owner also means being able to efficiently advertise your home. This happens by making your home the most attractive by repairing cosmetic issues and keeping the property maintained. To grab the attention of potential buyers, sellers must be willing to develop a clear marketing plan that goes beyond putting ads in the newspaper and a “For Sale” sign in the yard.

As an unrepresented seller, homeowners must be able to compete with homes sold by professional realtors. Using high-grade marketing materials, such as prepared flyers and brochures, as well as advertising online with Multiple Listing Service and home selling sites is necessary to attract serious buyers. Use up-to-date photos of the property and plan open houses on key days of traffic, like the weekends. It’s important to use every advertising tool available to when listing a for sale by owner.

The Pros of Selling a House as the Owner

put on the market to for sale by owner

Once able to fully appreciate the components of selling a house as the owner, homeowners can compare both the pros and cons of listing as an unrepresented seller. The most obvious advantage is that the homeowner is in control. You get to determine the asking price, set the appointment times, decide how to negotiate with a buyer, and when to host an open house. When using a realtor, homeowners must rely on the agent to properly and safely show their property; they entrust the realtor to lock up after showing strangers a property, which doesn’t always happen.

Another positive unique to an owner selling house is that they typically know their home better than any agent. Sellers are able to list a home’s recent updates, accentuate all of its best qualities, and highlight its unique selling point. Real estate agents are often unable to spout of the home’s amenities; while they’re juggling other properties to sell, for sale by owners have a singular focus and dedicate more time and resources on their own home.

One of the most attractive pros of selling your own home is not having to pay a  5-7% commission to your real estate agent. Instead, sellers are able to keep that money to buy additional or higher quality advertising, or pay for any necessary repairs.

The Cons of Selling Without a Realtor

using a realtor for sale by owner property sale

While selling without a realtor offers many benefits, inexperienced sellers may face potential consequences when selling a for sale by owner. The most common disadvantage is not receiving your accurate home value. Unfortunately, some buyers seek out an unrepresented seller in order to con them and purchase a property for less than it’s worth. Homeowners familiar with the process will not be fooled by these illegitimate buyers, no matter how persuasive they are. For help identifying these specific type of scammers, sellers should contact a local cash home buyer; they provide real estate expertise with no strings attached.

Another common disadvantage an owner selling their house might face is having less visibility. Even with the array of free online home selling sites and local magazines dedicated to advertising homes, some sellers have trouble attracting buyers via a strong marketing campaign. Though realtors have more experience and methods available to market a home, sellers have to ultimately pay for the additional advertising through realtor fees. If a homeowner is selling a house for cash, they don’t need to worry about extra advertising fees and writing up detailed property descriptions; cash home buyers typically find you!

The biggest drawback of listing without the aid of a realtor is weeding out unqualified and uninterested buyers. Without prior experience, differentiating between a legitimate buyer and a scammer is a difficult endeavor and can cause serious long term issues. If selling a house for cash, homeowners can forget worrying about attracting the right, serious buyer; cash home buyers are serious about sales and often buy and close on properties within a week. For novice home sellers, they also prepare all the legal forms and disclosures while explaining guidelines and requirements.

Homeowners shouldn’t be discouraged by the negatives if they’re genuinely interested in listing their property without a realtor. With a bit of knowledge and a friendly local cash home buyer, sellers will be able to successfully and easily sell their own homes.

Want to Sell Your Home for Cash?

get the benefits of selling a house for cash

Don’t waste your time watching your house sit on the market. You don’t have that time, and we understand that. At Icon Advantage Resources, Inc., we specialize in quick home sales for cash. That’s the benefit of selling a house for cash and working with us!

No matter what condition your house is in, we’re here to help you out. We’ll get your house closed, and write you a check on the spot! Call us today to get a no obligations quote for your house, or just to get your questions answered. We’re always happy and ready to talk! Contact us at 832-663-7099.
 

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.