There are numerous factors to consider when preparing to sell your home. How long will your property linger on the market before attracting a suitable buyer? What is the current condition of your home, and how much will repairs cost? Are you concerned about potential post-closing issues leading to legal disputes? Can you manage the commission fees associated with working with a Realtor? Contact us at (780) 619-0629 for a detailed list of essential questions to ponder before making the decision to sell.
As-Is House Purchases
Professional home buyers in AB typically acquire properties in as-is condition. This means you are relieved of the burden of making repairs before the sale or incurring unexpected additional costs. Some companies even bypass the need for inspections, making it a truly as-is transaction.
Easy Closings
Professional home buyers in Edmonton, AB, often facilitate quicker and all-cash closings compared to traditional buyers. Conventional home purchases involve bank qualifications, mortgage underwriting, property inspections, and the risk of the buyer not qualifying. Moreover, there are usually no commissions paid to agents, resulting in substantial savings. With the typical 3% commission per side, a $200,000 sale would entail $12,000 in commissions alone! Transaction fees, if any, from professional home buyers are minimal in comparison to traditional costs. They also offer convenient mail-away closings, ideal for out-of-state sellers.
Extended Occupancy
Professional home buyers focus on the investment aspect and do not plan to move into the purchased property immediately. They typically allow for a post-closing move-out period, giving you time to relocate at your own pace. This flexibility is particularly beneficial considering the rapid closing timelines. Additionally, you may not be required to deep clean the property upon vacating – just pack your belongings and leave the rest.
Stress-Free Selling
Choosing a professional home buyer in Edmonton, AB, eliminates the emotional roller coaster often associated with selling a home. No more interruptions during meals for showings, no need to maintain a pristine home daily, and no interactions with buyer’s agents or their clients asking intrusive questions. Say goodbye to disputes over furniture – professional buyers streamline the process for a hassle-free experience.
Less Risk
Working with a professional home buyer is straightforward and transparent. They outline each step clearly and often utilize concise, easy-to-understand as-is purchase agreements. This reduces your exposure to legal risks, as professional buyers accept the property’s current condition and associated risks. You can rest assured that they are aware of all details, minimizing the chances of post-sale disputes commonly seen in traditional real estate transactions.
In Summary, when selling your home, consider factors such as the time it will take for a qualified buyer, the condition of the property, and the potential for legal issues. Professional home buyers typically purchase homes as-is, eliminating the need for repairs or additional expenses. They typically close faster than traditional buyers, paying full in cash and avoiding commissions. They may also charge transaction fees, which are typically low compared to other options.
Professional home buyers allow extended occupancy, allowing buyers to move out at their own pace after closing. This is beneficial for out-of-state owners, as they don’t have to clean the home or clean the remaining items.
Stress-free selling with professional home buyers eliminates the need for middle-of-the-night phone calls, potential conflicts with buyers’ agents, and potential disputes over furniture and belongings. Selling to a professional home buyer is straightforward, with clear contracts and shortened contracts. Less exposure to legal risks is also reduced, as buyers are already aware of the property’s state and are willing to take on the risk of potential lawsuits.