Everybody knows what a real estate agent is and what they can actually do. But there a tons of people who doesnt know what to expect when working with a professional home buyer in New Jersey. They don’t know that sellers most home buyers can provide a stress-free and easy way to sell their house. Let’s talk about the things that you can expect when you sell to a professional home buyer in New Jersey.
Straightforward Closings
Professional home buyers typically close faster than traditional home buyers, and usually in pay full in cash. Traditional home purchases usually require qualifications from banks, mortgage underwriting time, property inspection time and the buyer may not end up qualifying in the end. There are also normally no commissions paid to a buyer’s or seller’s agent which means thousands of dollars in savings. The usual commission is 3% per side, so if you sell your home for $300,000, you would have to pay $18,000 in commissions alone! Professional home buyers also may not charge transaction fees; if they do, they are extremely low in comparison to the commission or closing costs you would have to pay otherwise. They can provide mail-away closings – these are very helpful especially for out of state owners.
Purchasing Homes As-Is
Professional home buyers in New Jersey will usually purchase homes as-is. You won’t have to worry about surprise expenses. You don’t need to do any repairs before you close! There are some companies that do not require inspections which makes it a truly as-is transaction.
Lower Risk Transactions
Selling to a professional home buyer in New Jersey is very straightforward. They will lay out every step of the process and usually have shortened, very clear contracts that are simple as-is purchase agreements. You will also have lessened exposure to legal risks. You won’t have to worry about the buyer finding something you didn’t know you didn’t disclose or something they don’t like about the home or the neighborhood. There’s a chance that you will get sued if the buyer felt that you didn’t provide all the information about the house or if they feel the facts were misconstrued. Professional home buyers already know the state of the property, and they are willing to take on that risk.
No Showings
When you decide to use a professional home buyer in New Jersey, you will not have to worry about going through a roller coaster of emotions. there would be no sudden phone calls which are super frustrating at times. You don’t have to worry about leaving your home immaculately clean every day, just in case there is a showing while you’re gone. You don’t have to worry about possibly bumping into someone asking you questions that you really shouldn’t answer anyway.
Move Out Time
A professional home buyer in New Jersey is in it because of the investment. They are not expecting to move into the home on the day of closing. Most home buyers will allow a move-out timeframe after closing to allow you to relocate at your own pace. This is extra helpful, especially with such fast closing timeframes. Also, you may not even have to clean the home when you leave. You can simply pack all of the things that you want to keep and leave the ones you don’t.
