Selling your home is never easy. It is after all the one place in this world where you should feel genuinely comfortable, secure and yourself. Most importantly, it is the place where you have built countless special memories with your family and friends through the years. But sometimes, there are unforeseen circumstances that happen in life that can force us to consider selling our beloved homes.
When it comes to selling a house, the traditional process of selling through a realtor will take months. But if you want to sell your property fast, your best bet may be to contact an all cash home buyer. These buyers are also investors who will purchase your home within days and pay you in full in cash. You no longer have to conduct repairs or renovations. We buy houses everywhere in Kentucky and we take the responsibility of fixing the flaws of your property, so you can get out of your situation fast.
If you want to sell your home fast, the best route is with a reputable real estate investment company. This is because the majority of people who attempt to sell their homes, end up surrendering them to a bank, debtor, to the government, or their homeowner's association.
The primary reason for this unfortunate occurrence lies in the difficulty of selling a home. If you do it all by yourself without the experience, expertise, and a clear-cut plan on how to do it, you may end up losing your home for nothing.
With a real estate investment company, however, you don't have to burden yourself with the entire process. In fact, you can even enjoy the highest cash offer for your home in the fastest
time possible! Not only is selling your house challenging, but it is also time-consuming. When you work with a real estate investment company, however, you will immediately relieve yourself of all the pains and hardships that come part and parcel of putting your house up for sale.
Why have Real estate investment companies raised the bar? Real estate investment companies have years of experience under their belt when it comes to understanding the needs of homeowners who are looking to sell their property fast. They know the obstacles and fears involved and they know how to help.
When you partner with a real estate investment company, the company will work tirelessly to have a deep grasp of your personal real estate problem, how you arrived in that situation, and the most effective solutions available. Simply put, they will transform the house selling process into a breeze.
If you are behind on your repayments and require aid on foreclosure or want to stop it from happening entirely, the professional help of these property experts will be crucial to your experience.
There's no need to bear months of touring strangers around your property and praying that one of them will give you an offer. When you work with a real estate investment company, you can enjoy fast and convenient results.
If you have sourced a potential real estate investment company, simply make an application online on its website or give the company a quick call and an initial consultation will begin without much delay. The investment agent will normally ask you about some basic details about your house which will include:-
This stage is designed simply to determine an ideal selling option for your home based on your present circumstances. Normally, the real estate company won't let you wait long to find out whether or not they have a viable solution for you. And if not, they will also present possible solutions available on the market that may be suitable for you and your needs.
If the investment agent sees a viable option for you and your home, you will instantly be given a cash offer. The cash offer for your home will depend on two important factors:
One of the real estate company's home specialists will normally walk you through the entire process of this step. The qualified professional will guide you in assessing your property and determining the highest cash offer possible for your home. And don't worry about any of your personal information being peddled around the Internet like a cheap product. Legit realtors and investors will always treat your information with privacy and the utmost respect.
Once a cash offer is made, the real estate investment company will arrange a schedule to visit your home at the time that is most convenient for you. This will help to confirm whether or not what you said in your application about the details of your home is indeed true. Don't concern yourself about any possible damages to your home and whether it needs repairs because the realtor will purchase your home in its current condition.
So those were the three easy steps that you will have to take when you want to sell your home fast with a real estate investment company. And once you are provided with a cash offer for your home, you have the complete freedom to decide whether or not you want to accept it and the time frame that is appropriate for you to move out. The process is fast and you get to be paid in cash in an amount that is equal to your home's real value.
You don't need to worry about doing all the repairs, covering for inspection and even sorting out your house. The company will purchase your home exactly the way it is, without any regard whatsoever with its current condition. Even if you want to leave out any furniture, the company will be the one to take care of the rest.
Once you contact a real estate company, you will normally receive a response without much delay. Depending on the company, you can expect to receive a response on the same day you made an application or the next day at the soonest. The company will also arrange a time of visit to your home free of charge and any obligation whatsoever and will provide an offer in a few days.
When you sell your home to a real estate investment company, expect very fast results. What's more, you don't need to pay a single dime for closing costs.
Simply call or email us, and we will give you a cash offer you can’t resist. We buy houses anywhere without the frills realtors will usually ask for. We will not drag the process or ask for exorbitant fees.
Upon calling us, we will assess your home, give you a cash offer the next day, and give you the freedom to take it or not. You have the choice to explore other options before grabbing our offer. As much as we buy houses anywhere, we also value your confidence.
Just call at Progressive Real Estate Services (PRES) LLC, and you won’t have to deal with realtors, exhausting documentation, and a very long wait. We will help you liquidate your property so you can use the money right away.
Don’t worry we will give you the best value in the market! If you think that our price isn’t reasonable, you’re free to scan for other buyers. That’s the financial freedom of choice we will encourage you to take.
1. Should I use a wholesaler to sell or purchase property?
Ever heard of the Latin phrase “Caveat Emptor”? It means “Buyer Beware”.
There are so many newbie wholesalers in the market who want to sell a house in that a lot of “deals” are just not deals at all. Some are just plain dangerous to take on. The current wave of multi-level marketing is “educating” wholesalers and setting them up for failure.
I’ve been strung along by some pretending to be a “friend” of the seller, and unethical middlemen who have never declared to the seller that they, the wholesaler, will not be buying the property. I’ve had wholesalers lie to me to complete a deal. I’ve almost been to court because of bad wholesalers selling properties unethically. The main point here though is, yes you can absolutely use a wholesaler to purchase a property, but you have to recognize a good wholesaler which brings us to the next point.
2. How can I recognize good wholesalers of realty in Kentucky?
Most wholesalers that I work with are very ethical and provide a very valuable service. They are an indispensable part of my real estate investing business, and make it so that I don’t have to go out and hunt real estate as much as I used to.
The good wholesalers are the ones who:
Disclose to their seller that they are seeking to wholesale the property and/or they are cash buyers who can close on the property if a buyer is not found on time for the target investments property. A good wholesaler will disclose to the seller what they are doing so that there are no tricks, no cons, and no misunderstandings with the house they are wholesaling.
3. How can I evaluate the investment property?
Your main job in buying from a wholesaler is to be able to evaluate each investments property to make sure it is profitable for YOU.
Don’t allow the fear that a wholesaler may be unethical deter you from buying wholesale deals. Think about it, when you are dealing directly with a motivated homeowner, do you know if they are ethical? Of course not. And, a lot aren’t. I’ve had sellers tell me they owe $50K on a house, and when I pull the title report there’s $150K in liens.
When you hunt real estate bargains, look at a wholesaler just like any other home seller in the field; no better, no worse. You don’t try to buy a house from a homeowner, and ask them to tell you whether it’s a good deal or not. It’s like asking a car salesman if you should buy a new car. Their answer is “Of Course!” You expect them to advertise the best points, and then you will make the decision, based on your own due diligence, if it makes sense or not. Approach buying a wholesale house in the same way.
4. I've done some evaluation, but how can I determine whether a property is good?
When you receive a wholesaler’s ad for a property, your first job is to decide whether to pursue it further or not. Quickly weed out those that do not meet your investment criteria or that of your investor group. If you are not interested in the deal at this point, there is no need to verify any of the info.
If you want single family rehabs and the ad is for an apartment building, you can quickly rule that property out. But, if the property does meet your criteria, then verify all the information. Use your own investment formulas, and create the offer that makes financial sense for your investing business.
5. How much profit should a wholesaler make on properties?
When buying from a wholesaler, find the buying price that works for you. Don’t worry about the size of the assignment fee that the wholesaler is making. As long as the deal works for your numbers, and you close on the deal, the wholesaler will be eager to bring you business again and help make you a little wealthier.
Sometimes it may seem like the wholesaler makes a lot of money for taking none of the financial risk and without doing anything to the house (usually not even taking title). But, you have to take into consideration the marketing effort that goes into attracting the motivated sellers, and the time requirement to sift through all of the deals, inspect all the houses, and negotiate all the deals, just to find the few that provide significant profit for both parties.
An investor I know recently shared this:
“I’ve purchased quite a few wholesale deals in my career. I’ve never cared what the wholesaler made because I negotiated a deal that worked for me and my business. Regardless of what the wholesaler made, I was happy with my profits. I didn’t care if he made hardly any profit, or if he made a huge profit. It was irrelevant to my calculations. All that mattered was that 1) I was getting a good deal, and 2) that it fit my property investments goals.”
If you can purchase at a price that makes financial sense, the wholesaler’s profit margin does not matter to you. If it is large, that just means that he or she did a good job locating and negotiating a great deal which made it possible for you to have this opportunity to make money from the deal. But, if you balk at the wholesale assignment fee or try to nickel and dime them down a few more grand, you may very well convince that wholesaler not to do business with you again. I’ve already scratched a couple of investors off my list just because they tried to change the deal at the closing table because they didn’t like that I was making $4-5K on the property; as much money from the deal as Realtors would have for listing it.
6. What are creative closings for property investments?
If you are bringing a lender into the picture and having to get financing, you may have to work with the wholesaler to structure the deal to get passed some lending requirements. There are creative ways to avoid seasoning issues and assignment fees on the HUD1, and you will need to work with the wholesaler and the seller to get it done. Cash is king in this business, but a good wholesaler will work with you if you have your T’s crossed and I’s dotted to have your financing in place on any real estate deal.