Selling a home can be a daunting and stressful process, especially if you’re dealing with repairs, bad tenants, or the risk of foreclosure. These issues can significantly impact the value of your property and make it difficult to find a buyer who is willing to take on the repairs, renovations, or the current lease you have in place. If you’re looking to sell your house in Long Island, you may want to consider a direct sale to a cash buyer, such as American Property Purchasers LLC. They will take any property, with non-paying tenants, squatters, fire damage, flood damage, foundational issues, or irreparable condemnation factors that any regular buyer wouldn’t dare touch, for the right price.
A cash buyer buys houses as-is, no matter their condition, and offers a quick and easy process that can help you sell your house quickly and easily. With no need for repairs or upgrades, showings, real estate agents, financing contingencies, closing costs, and negotiations, selling directly can be a stress-free experience.
We can help put you in touch with our entire network of cash buyers that are local and who will give you fair all cash offers for your property that you no longer want. You won’t need to make any repairs, and can sell it quickly.
Even if you owe more than what the house is worth and the mortgage is “Underwater,” you still have options to sell your house and walk away with money from the sale.
In this blog, we’ll explore eight ways that a direct sale can simplify the home selling process for homeowners in Long Island and throughout New York.
1. No Need for Repairs or Renovations
One of the biggest advantages of selling your house directly to cash buyers such as American Property Purchasers LLC, is that there’s no need for repairs or renovations. Unlike traditional home sales, where buyers may ask for repairs or upgrades before closing the deal, a cash buyer buys houses as-is. This means you don’t have to worry about investing time and money in fixing up your property before selling it to a new buyer. You’ll be able to keep that cash in your pocket, using it toward renovations on a house you’ll live in, rather than spending money on a property you are moving out of.
A buyer that is found on the market through listing on MLS with a realtor will need to obtain a mortgage. In order for them to do that, they will order an inspection report and request credits or repairs be issued for all the items that end up listed needing immediate or future repair on the inspection report. In addition, they will also need to have an appraisal done by their lender so that they can be approved for the amount of their offer. If the appraisal falls short, the offer gets lowered. It is all a waiting game and nickle and diming from the buyer to the seller until the day of closing. In New York, we are an attorney state, and usually by the time the attorney steps in to negotiate the contracts, they always find additional items they want their client (buyer) to receive from the seller prior to closing.
2. Quick and Easy Process
The traditional home selling process can be a long and drawn-out affair, often taking months to complete. With American Property Purchasers, you can receive a fair cash offer for your property in as little as 24 hours, and you can close on the sale in just a few short days. This means you can sell your house quickly and move on to your next adventure.
If you have to end up dong a short sale, Homeowners Resource Group, Inc. can assist you in the process. We have a team of expert negotiators, attorneys, title companies and property researchers that can tell you prior to signing any paperwork all the items that will need to be cleared in order to close. The best part is that the seller does not have to pay for any liens or judgments that are against them, as the buyer takes on clearing title and paying whatever comes up.
3. Fair Cash Offer
When you sell your house through traditional avenues, you may not receive a fair offer for your property. Buyers may try to negotiate a lower price, or you may need to lower your asking price to attract buyers. When you sell directly to a cash buyer, you can receive a fair cash offer for your property.
Homeowners Resource Group, Inc. evaluates your property and gets you an offer based on its current condition and market value. You don’t have to worry about negotiating or lowering your asking price.
If the cash offer is not to your liking, we also have a large network of local real estate agents and brokers who can list your house for top dollar and sell it quickly on the open market. It may take longer and you will have to keep making mortgage payments until the day you close as well as pay out commissions to realtors, but you will be able to get it viewed by tens of thousands of other agents and buyers who may be looking for a home in your area.
4. No Need for Showings or Real Estate Agents
Selling your house through traditional avenues can be a time-consuming process that involves showings and working with real estate agents. When you sell directly to a cash buyer, you don’t have to worry about any of that. You can sell your house quickly and easily, without any hassle. This also means that you can avoid the hassle of preparing your home for showings and keeping it in pristine condition for potential buyers.
If you go through a real estate agent, you will need to make the house “market ready” by making sure everything is up to date, to code, clean, organized and tidy. If you have a property which is not ready to be shown and you do not want to get it ready for endless amounts of people walking into your house through it being listed on MLS, then it would be to your best interest to keep things quieter by selling to just one cash buyer and only doing one showing.
5. No Financing Contingencies
When you sell your house through traditional avenues, buyers may require financing contingencies. This means that the sale is contingent on the buyer obtaining financing for the purchase. These contingencies can significantly delay the sale and create uncertainty around the transaction. When you sell directly to a cash buyer such as American Property Purchasers LLC, there are no financing contingencies to worry about. You can rest assured that the sale will be completed quickly and without any issues.
Many times, a mortgage buyer who is in contract with a seller ends up not getting approved for their mortgage when they have already wasted the seller’s time for a month or two or more. The seller can’t keep the down payment unless they sue the buyer, but there is nothing the seller can do to get the buyer their mortgage commitment, and they must put the house back on the market to find a new buyer again. They wasted months, had to keep making mortgage payments, and lessened their profit in the end. What is worse, they may end up even getting a lower offer the second time around listing it since the agents who view the property know the seller will be more motivated to sell now due to the time wasted with the other buyer who fell through.
6. No Closing Costs
Selling your house through traditional avenues can also be expensive, with closing costs adding up to thousands of dollars. When you sell directly to a cash buyer, there are no closing costs to worry about. This means you can keep more money in your pocket and avoid the expenses associated with a traditional home sale. The buyer can also help with relocation expenses and logistics if the seller is unable to handle it all on their own. This is one of the main services we pride ourselves on at Homeowners Resource Group, Inc., to make it as simple and as easy as possible for a homeowner to sell their home with as little of their involvement as possible.
If you sell on MLS through listing through a realtor, not only will you have to pay closing costs and commissions to realtors, but you will also have to make sure that at the final walk through that the property is absolutely spotless and broom swept. If it isn’t, it is very possible that the buyer’s attorney will request a credit or hold money in escrow to clear up any issues that haven’t been resolved by the date of closing.
7. No Negotiations
Negotiating with buyers can be a stressful and time-consuming process. When you sell your house directly to a cash buyer, there’s no need for negotiations. Homeowners Resource Group, Inc. gets you a fair cash offer for your property, which means you don’t have to worry about haggling over the price. We will sit with you on the appointment and go over all of your options with you. We will help you with a free evaluation of the value of your property, through a broker price opinion (BPO), assess how much equity you have (or negative equity if you are underwater on your mortgage), pull up public records to see if there are any liens or judgments recorded against the property besides the mortgage, check surrogate court to see if there has been an executor named in a will, an administrator appointed, or any other probate documents filed on the estate. We will go over all the options of what it will look like if you sell to a cash buyer versus list with an agent, whether you need to do a quick cash sale or have to get a short sale negotiated on your behalf by a third party.
8. Stress-Free Experience
Selling your house can be a stressful experience, but it doesn’t have to be. When you sell with Homeowners Resource Group, Inc., you can enjoy a stress-free experience that’s quick and easy. You can avoid the hassles of dealing with repairs, showings, and negotiations, and move on to your next adventure with the peace of mind you need.
If you’re looking to sell your house in Long Island, consider selling directly to a cash buyer to make the process as easy and as quick as possible. Homeowners Resource Group, Inc. offers a quick and easy process that can help you sell your house quickly and easily, with no need for repairs or upgrades, showings, real estate agents, financing contingencies, closing costs, and negotiations. Contact Homeowners Resource Group, Inc. today to learn more about how we can help you simplify the home selling process so you can move on. We will help analyze your situation so that you can make the best decision for you. (631) 759-4408