How To Sell Home By Owner To An Investor And Get A No Obligation Top Dollar Cash Offer
You’ve decided to list your home as a for sale by owner (FSBO). What else can I do to get a top-dollar cash offer for my property? You’ll save time since you know how to sell a home by owner. And, you’ll be able to get the most cash for your home if you’re prepared for the types of buyers you’ll run into.
Types of Buyers
You’ll encounter 3 types of buyers as your navigating through the process of how to sell a home by owner.
1. The Traditional Buyer.
The traditional buyer approaches the FSBO market in the same way they do with MLS and real estate agent-listed properties. These buyers look for sellers who are willing to negotiate a lower price and do lots of minor (and sometimes major) renovations. They start with a very low offer and hope that you will come back with a high enough counter-offer to justify asking you do put some time and money into fixing the house up. Another problem you’ll run into with traditional buyers is financing. The buyer will need an appraisal to qualify for financing, and even if they’ve accepted your lower offer if the appraisal is lower than your price or calls for deferred maintenance repairs you’ll end up spending money. Otherwise, the loan is turned down and you’re back at square one with a new buyer.
2. The Individual Investor.
Individual investors look for properties that require little time and money on their part. They want properties that they can either rent or flip immediately. Often, these so-called investors are intermediaries who intend to assign the purchase agreement to another investor for a fee. Some individual investors need to get a mortgage to buy your house. They may ask for extreme seller concessions including having you pay their closing costs to holding a second mortgage on the property to make the financing deal work for them.
3. A Professional Real Estate Investment Company
A Company like Northwest Home Buyers. If you’re looking for the best way to get cash for my home, you’ll want to call a professional investor. We’ll show you how to sell your home by owner and get a top cash offer.
How Professional Real Estate Investors Work?
Since we use cash, we can use our own valuation techniques. You don’t have to worry about a low-ball appraisal changing our original offer or delaying your closing.
When you call us, we’ll come out and look at your property right away. You can expect to receive a no pressure, no obligation cash offer within 24 hours.
How to Sell Home by Owner and Get Top-dollar Cash for My Home
At Northwest Home Buyers, we make all cash offers. We are an established company with cash on hand to buy your house. We don’t use traditional financing, so we don’t need to wait for appraisals and inspections. Nor do we need to wait for an underwriter to approve a mortgage loan.
If you find yourself facing foreclosure and unable to find tenants or maybe just inherited a home, in any case, we can help you sell your home in Boise in 7-10 days. If you’re thinking of selling and are exploring your options, consider selling directly to us.
Call our team at (208) 214-3365
If you don’t want to go through the hassle and headache of selling to the market, then we might be able to help. We’ll give you a quick call once we find out a bit more about your property in Idaho, and make you an offer on your home the same day.