Five Main Advantages of Accepting an Offer From a House-Buying Firm

by | Aug 21, 2019 | Real Estate Services

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Anyone who has sold a house knows it’s a daunting task. It’s especially hard if you’ve been transferred to another city for a job. If you’re getting ready to sell a house or have had one on the market awhile, you might want to speak with a house-buying company. This type of firm can offer you a number of key benefits. The following are just a few of them.

Less Judgmental
Home buying companies in Chicago are less discriminatory when it comes to purchasing homes. They don’t factor in your religion, nationality, race, or income level when deciding whether to purchase your house. They’ll purchase any house they can potentially remodel and sell for a profit.

Easy Process

When you sell to a homebuyer firm, the first step is to contact a representative at the buying company. You’ll then arrange a time for a buying agent to see your house. If interested, the agent will extend you an offer on your house within 24 or 48 hours. The sale can then be completed as soon as a week or eight days later.

Cash Offer
With most transactions involving home-buying companies in Chicago, you’ll receive cash for your property. This gives you the chance to pay down debt, purchase a cheaper residence, or even go on a much-needed vacation.

No Repairs
Your house-buying agency will not expect you to make repairs on your air conditioner, plumbing fixtures, foundation, or siding. It will have its own contractors to do that type of work.

Guaranteed Sale

In conventional real estate sales, a buyer’s financing can fall through, prompting them to cancel the sale. This won’t happen with home-buying companies in Chicago. These firms will always show up at the closing with money.

When you accept an offer from a house-buying company, you forgo typical fees like real estate commissions and closing costs. This can put as much as 10 percent of your home’s final selling price back into your pocket.

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