House-buying firms have been around for years. They’re particularly in high demand during recessions or when people face difficult situations and need to unload their homes quickly. If you’re selling a property that’s not the most attractive on the block or having trouble paying your mortgage, you should consider talking to a reputable cash house-buying company. Here’s why.
Avoid Typical Scams
We buy houses for cash in Portland! You’ve seen the signs, but when you work with a reputable firm offering this service, you can avoid scams from individuals or firms that make similar offers and then never deliver results. Some of these firms will prefer to just take over your mortgage before selling to other investors. However, if they don’t make the payments, your credit can take a hit.
Get Home Off Marketing Fast
The typical cash homebuyer firm will make you an offer 24 to 48 hours after they see your house. You could then sell your home as soon as a week later.
Fair Cash Offer
With a legitimate we buy houses for cash in Portland transaction, you’ll receive a fair cash offer for your home. The amount you receive will be less than it would through a real estate agent, but you won’t have to pay a commission. On even a $100,000 home, that commission could be $5,000 or $6,000.
No Appraisal
With appraisals now running as high as $500 or $600, it’s nice not having to pay for one. That’s because a cash home-buying company will already know the market value of your house.
Guaranteed Sale
Anticipation can be your worst enemy when selling a house. However, when you work with a company that offers legitimate house-buying cash deals, you don’t have to worry about the purchase falling through. It won’t happen.
Selling your home to a legitimate cash house-buying firm will prevent you from paying typical real estate fees, including closing costs, commissions and mortgage taxes. This can help you offset the lower price you receive for your house because of the cash offer.
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