Selling a house in not a walk in the park task especially with the current economy.Houses might spend a very long time in the market before the right buyer shows up and buys it.Some sellers might get overwhelmed by the idea of selling the houses and eventually recall them from the market.In some cases a real estate agent is hired by the owner of the house to sell it but this could also take some time before it is eventually sold.There are also places that selling a house is also next to impossible.
There are numerous companies in the market right now who will buy your house very fast and also make the payment immediately.This may sound like impossible but the fact is they are true and legit.Most of these companies will mainly advertise on the streets by putting up signs on street light poles and parks. A small percentage of all these companies but the biggest percentage of them are very legal and real.These companies are mainly made up of investors in the real estate who have available cash to purchase your house.This is very good to the seller because they will be able to sell the house quickly and also be paid immediately.
Most of these companies that buy homes fast have websites with all their contact information available.
After getting their contact information and calling them, a company representative will pick the call and will ask you all the information they need regarding your house.Some of the questions they might ask include the type of the house, how much mortgage is remaining, the condition of the house, the location where the house is situated and the year the house was built.They will then give you a calculated quoting price on the house after answering all their questions.The information you give them about your house is thus used to give the calculated quoting price.
Afterwards another representative will visit your house and make a physical valuation of the house.After the valuation process, the representative might adjust the initial quoting price or leave it constant. The cheque is then to the seller by the representative after both come to an agreement.
Once the deal is closed the company will then clear the mortgage balance.The disadvantage of using this process to sell your house is that the market value might be higher than what you get.But it is also good to remember that these companies are also in business and at the end of the day they also have to make some profits.
The advantage is that you will not pay the realtor’s commission, repairs and renovations and also for the holdings on the time you will have to wait before you eventually sell the house.