Where do you turn when you have a problematic property to sell in a hurry? Putting a home up for sale and attracting a suitable new occupant isn't easy. It's also very time-consuming. Sometimes, we don't have time to spend renovating a property and getting it up to a high standard before we need to move out.
Some people will have a new job waiting for them in a couple of weeks and no time to lose. Others will be left struggling with inherited properties with damaged or hoarded rubbish. Then there are those having to foreclose on a beloved home. The ideal situation here is you can find someone with the compassion and experience to take over the property quickly and let you move on. You can sell your house this way with the right home-buying company.
Home Buyers Can Take Your Property Off Your Hand
There are companies out there that take a different approach to acquiring properties and profiting from them. They are in the market for any home they can get for a fair price and transform into something better. Therefore, they could be willing to make an offer on your property within your short timeframe and let you draw a line under your current negative experiences. It's understandable if this all sounds too good to be true or if you're wary about trying to sell your house this way. You do need to be sure that you're working with someone reliable and in your corner throughout the process. Here's a checklist of the best traits to look out for with home buyers in Rhode Island.
8 Signs You've Found The Right Home Buyer
1) They offer cash offers
When money is tight and you need to get a fair payment quickly, cash is sometimes the only way to go. You get exactly what you're promised at the right time with no need to wait around for banks to process payments or add any sort of fee. That cash is then yours to do with as you please to make things easier for your next chapter. It could help with debts, supporting dependents, financing a move, or putting down a deposit somewhere new.
2) They can provide same-day offers
What's even better about these cash offers is that you often don't have to wait around too long to get a response. The timeframe will vary between companies, so it's a good idea to check that out. Will they take a week to appraise the property and consider their options fully, or will they give you an offer that day to help you out?
3) They have no sneaky extra costs
The problem with dealing with real estate agents is all the commissions and fees that come with listing and selling a home. You can end up paying them a considerable percentage of the final price. The most honest and supportive home buyers won't charge either. You'll get 100% of the amount offered for the property.
4) They will buy homes as-is
The condition shouldn't be an issue when working with top house buying companies. They should be willing to take on properties that have seen better days because they appreciate that you're trying to get rid of a problem property in a hurry. Some companies will be more open to excessive damage and hoarders' homes than others. Check their websites to learn more.
5) They will handle rubbish and repairs
On that note, the best agencies also promise that any necessary repairs and clearance work is on them, not you. They pay what they think a damaged home is worth and use their profits from other projects to get the property in prime condition. They'll bring in cleaners and restoration teams, increase the value of the property, and sell it to someone who needs it.
6) They don't care why the home is in that state
The last thing you need is someone asking questions about why your property is in the state it's in. The circumstances around sudden property sales can be traumatic and personal, and the most sympathetic buyers are aware of that. If you tell them, they won't judge you for any mistakes or tough life choices.
7) They are community-minded
This might not sound that important at first. However, you have to look at the long-term future of your property. What is it going to become? Is the company trying to buy low and sell high to make a massive profit and add to its list of properties? Or are they trying to do up properties to help house people in need or create new community spaces?
8) They have a strong portfolio of purchases
Finally, it's a good idea to check out a company's past experience and any case studies they have of their work. Look for examples of houses they've purchased in poor condition and what they did to turn them around. How long have they been doing this, and are there any impressive examples of their work in your area? If so, it shows that not only can they be true to their word, but they know what it's like to buy and sell in your town.
Set Up An Appointment To Learn More
The best thing to do if you're still unsure how to sell your home is to arrange to meet with your local home buyer or set up an online chat. You can discuss your situation and find out more about how they operate. You could find that they have the experience and empathy to make the situation a lot easier to handle. It may be a comfort to be able to lean on them to take over a problem property and offer a fair price. As long as they meet the criteria above and you are happy to work with them, you can move towards a property valuation and a final cash offer. Then, with the property in their hands, you can focus on your next steps.
