Matthew, Author at Matt Buys Houses TX

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Auctioning Your House – Do’s and Don’ts in San Antonio

October 2, 2024 • Matthew

If you are thinking of auctioning your house, it’s important to know what you are up against. It can be a viable opportunity for you as long as you understand auctioning a house pros and cons. If you are new to real estate auctions, it can be useful to have a few guidelines to help you get started and know what to expect.

Auctioning your house can be a solution for if you’re facing foreclosure, can’t wait on the market, or have to move quickly. You may be able to sell your house and make a profit if you are careful and know some of the basics about auctioning your house. Here are a few dos and don’ts.

Some of the Dos When Auctioning Your House

Find an Auctioneer

find the best auctioneer when auctioning your house

One of the first things you’ll need to do when auctioning your house is to find an auctioneer. There are many different auctioneer companies available to help you. You may do a quick online search, look in a phone book, or ask friends for a referral. Be sure to do your research and check out all your options including the option to auction a house online. The National Auctioneers Association website can be a great resource for locating an auctioneer.

Read the Fine Print

Always check the fees associated with auctioneer services so you are not surprised later. These fees can run very high and can be as much as 10% of the cost of the house. Be aware of the fees before you proceed so you will know how much profit you can expect to receive.

Absolute Auction or Reserve Auction

keep absolute auction when auctioning your house

Choose the type of real estate auctions you want to run. Do you want to run an absolute or reserve auction? At an absolute auction, there is not a lower limit your house has to earn in order to be auctioned. This simply means that the highest bidder will get the house, no matter what their bid amount. Reserve auctions have a minimum limit and if the bids do not reach the lower limit, the house will not be auctioned.

You may need to decide which of these are the best for you. If you are wondering how to sell a house in auction fast, you may want to learn more about an absolute auction. You may not get the price you wanted, but you are more likely to sell it. Absolute or “no reserve” auctions also tend to be more attractive to potential buyers. Think about your decision and choose what you prefer. Do you just want to sell your house quickly and be done with it? Or are you willing to wait it out?

Some of the Don’ts When Auctioning a House

If you want to sell a house in auction fast, there are also some “don’ts” you will want to think about. You may be saying, but I need to sell my house by auction fast! Avoiding these pitfalls will help ensure you sell your house faster whether you auction a house online or auction it offline.

Don’t Hide Information About the Property

don't hid information when auctioning your house
As you prepare for auctioning your house, you’ll need to complete a description. When you work on the description be certain to be totally honest. Don’t try to hide anything you may perceive as negative. If you do not disclose faults, the purchaser can pursue you after the auction and make you pay for items that were not disclosed.

Don’t be Unrealistic

If you want to know how to sell a house in auction fast, you’ll have to start with being realistic. Start with a price you would like to receive from auctioning your house, but don’t be too disappointed if you do not get what you wanted.

Don’t Limit the Number of Bids You’ll Take

It’s important to remember when you are auctioning your house to not set a limit on the number of bids you will take. Some auctions try to set a limit and take the only top three to five bids. This can stall out the upper limits being bid and net you less profit. Allow bidders more opportunity to raise their bids and compete for the property. This can be to your benefit.

Don’t Share the Property Value

don't share the value when auctioning your house
There is no reason to share any values in ads or to bidders. Don’t share the appraised value or any high minimum. Not only does this help avoid confusion, but it can mean the difference in a sale or not. Let the bidders place their bids based on what they are willing to pay for the property and their estimate for what it is worth. Don’t set a high minimum either as it will limit how many bids you take, and potential buyers are not fond of being told what to bid.

Don’t Complicate the Matter

Try to avoid situations and decisions that could make for a complicated sale. Make sure any leases are terminated, don’t close a sale in the middle of a growing season. Avoid selling your house according to a first refusal option.

Conclusion

These dos and don’ts are just a few of the things you should or should not do when getting ready to auction our home. You may also want to consider other options before moving toward auctioning as a final choice. You can put it on the market yourself or talk to a marketing professional. There is also the option of selling to a cash buyer. This is often the easiest and fastest way to move property. It can be sold “as is” meaning you are not going to be out the cost of repairs because the cash buyer will take it no matter what shape it is in. They will look at the house and make you an offer based on what they see in the informal inspection. If you accept their offer, they will pay you cash and handle the closing and all the paperwork. This can save you loads of time and money in the long run.

Sell Your House Without the Hassle

don't deal with auctioning your house, let us help

Don’t be caught up in the stress of selling a house. We’re here to help! We understand how stressful selling a house is. Auctioning it will only add more stress.

At Matt Buys Houses TX, we’ll make you a no obligations cash offer for your house in order to help you avoid feeling like you have to auction your house.

Have a question? Give us a call! We’re always ready to talk. No matter if you have questions about the house selling process, or want to get a quote for your house, we’re more than happy to help! Reach us at 210-596-9669, or send us a message on our website!

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

Categories: auction

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What are the Benefits of Selling a House for Cash?

September 25, 2024 • Matthew

Selling your house shouldn’t be stressful. There are options. There are benefits of selling a house for cash that most homeowners don’t consider.

Owning a home allows one to build part of their financial security. As the ownership of this asset continues it builds equity. Once you decide to sell your home then this equity becomes available to you for whatever way you want to use it. The decision to sell your home brings with it several options. You can list through an agent or you can list it yourself. Then is one other option and that is selling your house for cash.

Benefits of Selling a House for Cash

what are the benefits of selling a house for cash

If you have ever sold a home in the past you have the basic knowledge of the process. Most likely you went through this while using a realtor. While there are some advantages to this method there are also some negative aspects to it. Selling a house for cash means you don’t have to deal with the downside of selling a home in a conventional manner.

Fewer Selling Expenses

When selling a home there are certain costs that you have to incur. Many people don’t give this much thought as they just seem to be acceptable when selling a home. They do add up and saving on these is just one of the benefits of selling a house for cash.

Advertising Fees

Many home sellers now are venturing into selling their home themselves. They are not using the services of realtors. This means they have the cost of advertising their home. This takes knowledge and money to run effective ads, even if it’s just in the local papers.

No Realtor Fees Is One of the Advantages of Selling a House For Cash

no fees is a benefit of selling a house for cash

If one goes with the standard method of selling their home this means they will list it with a Real Estate Agency. Upon a successful sale, 6% of the sale is the average amount that will go to the realtor. Not having to pay this is another one of the advantages of selling a house for cash.

Reduced Legal Fees

There will still be some legal fees when selling your house for cash. These may be reduced. Often with a standard sale, there may be the legal fees to draft the mortgage. This is when you as the owner are taking back a mortgage for the new buyer which is quite common. With a cash sale, this doesn’t occur so you may be saving money here.

Your Other Expenses

Many times individuals who sell their home have some debt that they want to clear with the funds from the sale. If you place your house on the market, there is no telling when it will sell. It could take weeks or months. During this time you are most likely paying some hefty interest on your debts. The sooner you can get cash in hand the sooner you may be able to clear these and save on the interest expense. In addition to that, you won’t have to spend more money making repairs to your house. Cash buyers will buy your house as-is.

Speed of Sale

fast closing is a benefit of selling a house for cash

Selling a house for cash fast is another one of the benefits of selling a house for cash. You don’t have the uncertainty of knowing when your house is going to sell. Taking advantage of the benefits of cash offers on a house allows you to close your sale much quicker.

There are some individuals that are selling because of specific circumstances. For these individuals, the benefits of selling a house for cash are highly important to them. For some, they may be re-locating, because of their job situation. This often has time constraints to it, and having the house on the market using traditional sale methods can be a big inconvenience.

For others, they are in a tough financial situation and this really creates the need for a fast cash closing. Again, another one of the benefits of selling a house for cash. Most buyers that are purchasing a house with cash favor a quick closing. This works out well for the individual who is need of money as quickly as possible.

Convenience is Another One of the Benefits of Selling a House for Cash

Real inconveniences can arise when selling with traditional methods and using a realtor. It is difficult to keep the home spotless and showing well every single day. The realtor will constantly be bringing prospective buyers through the home. This can interfere with the family lifestyle. Then there may be the inconveniences of open houses where the family has to leave the home for several hours. On top of this will be the negotiating of potential offers. These often go back and forth and can be stressful and time-consuming.

Fewer Hassles

Fewer complications is another one of the great benefits of selling a house for cash. Even when an offer is signed in a traditional sale there can be some tense moments. Waiting to see if the sign back offer is accepted may do is one of them. Another is when you have accepted conditional offers. This may be dependent on the buyer getting financing, or their selling of their home. When you opt for selling a house for cash fast, you don’t have any of these issues to deal with.

Fast Cash Closing Buyers

There are already potential buyers waiting and ready to conduct a fast cash closing. This is another one of the benefits of selling a house for cash. You don’t have to wait for this type of buyer to come along. Many home buyers are always looking for homeowners who are looking at selling a house for cash fast. These are reputable individuals. They know what the fair market value of your home is and are willing to make a reasonable offer. You may think it is a little low, but before keep in mind all of the benefits of selling a house for cash.

Don’t forget you will be enjoying some additional savings with a fast cash closing. You will have your money from the sale much quicker so you can look after your other financial needs. You won’t be going through the stress and hassles that come with selling a house in the traditional way.

You are making a wise choice when you decide to capitalize on the benefits of cash offers on a house.

Want to Benefit from Selling Your House for Cash?

get the benefits of selling a house for cash

Don’t waste your time watching your house sit on the market. You don’t have that time, and we understand that. At Matt Buys Houses TX, we specialize in quick home sales for cash. That’s the benefit of selling a house for cash and working with us!

No matter what condition your house is in, we’re here to help you out. We’ll get your house closed, and write you a check on the spot! Call us today to get a no obligations quote for your house, or just to get your questions answered. We’re always happy and ready to talk! Contact us at 210-596-9669.

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

Categories: sell a house

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How Long Can I Stay in My House After Foreclosure in Texas?

September 18, 2024 • Matthew

If you fell behind in your mortgage payments you may be staring down a foreclosure. It’s normal to be worried about losing your house and all you’ve invested in it. A lot of homeowners just give up and decide to accept their unfortunate fate. It’s important to note that you do have some rights. Lenders must go by Texas state laws. So now you may be wondering how long can I stay in my house after foreclosure? Let’s answer this and other questions about the foreclosure process and the options you have available.

How Long does the foreclosure Process take in Texas?

can i stay in my house after foreclosure if it's been too long

Perhaps the first question beyond can I stay in my house after foreclosure, is how long does the foreclosure process take? In general, from the time you miss your first mortgage payment to the end of the foreclosure, it will likely take between three to six months. A lot depends on your specific mortgage company and how aggressively they pursue your case. Usually, you will get a notice that states the foreclosure date. From there it’s just a countdown. In a no-response or default situation in Texas, your home can be sold at a foreclosure in 45 to 60 days. These time constraints apply to situations where you, as the homeowner do not respond to the notices according to the procedure outlined in the Texas Property Code.

Can an eviction be stopped so I can stay in my house after foreclosure?

If you are facing a foreclosure, you may want to know how to stop eviction after foreclosure. Or you may still be asking can I stay in my house after foreclosure? In Texas, the constable’s office in the county where the house is located will serve an eviction notice. The notice will have a court date for the eviction hearing. Once the judge issues the ruling, you will only have five days in which to vacate or appeal the judge’s ruling. If you remain in your house after the eviction date, the constable will post another notice on the door and give you only 24 hours to get your things out. They do have the authority to physically remove occupants and put all the possessions out of the house. In general, the Texas eviction and foreclosure process can be done in less than 60 days from the time the first notice is filed.

What other options do I have if I’m facing foreclosure?

stay in my house after foreclosure by looking at options

It may be difficult to say how to stop eviction after foreclosure, but you may have a couple of options. One option is to file for bankruptcy. However, you’ll have to meet the pre-filing requirements and qualify for the bankruptcy. For many people, especially closer to the foreclosure and eviction, this is not a viable option.

You may also be able to talk to the lender and ask for a loan forbearance. In this situation, a lender agrees to suspend your payments for a short time while you work through financial difficulties. This option will depend largely on the lender. But in some instances, a forbearance may give you the time you need to avoid an eviction.

Another option that works for many homeowners who are facing foreclosure is selling to a cash buyer. Investors will offer cash for your home and this in turn can be used to pay off the lender and stop the foreclosure process. In some instances, lenders will offer a short sale option that can help stop the process. So if you are asking can I stay in my house after foreclosure, yes you can until the judge renders an eviction notice. Up until that point, you can explore the above options. Once the foreclosure has ended, the lending facility will auction the house and you will have no options left.

Explain how to auction my house fast!

Cash buyers can be very effective at relieving you the stress of being foreclosed on to begin with. With a cash buyer, you no longer have to ask can I stay in my house after foreclosure. Working with a cash buyer is better than facing foreclosure and can also be better than a short sale. As a matter of fact, if you take action quickly and work closely with a cash home buyer you can reap the benefit. For most it is also better than bankruptcy which can have a negative effect on your credit for years to come. You can work with an investor and avoid foreclosure.

Another advantage to working with a cash buyer is that you will retain some control over the selling price. This means you may have a better chance at retaining some of the equity you’ve built up. In some cases, the homeowner can pay off the mortgage and have some money left. This can also help protect the homeowner’s credit.

Is a cash buyer better than an auction or a short sale?

If the foreclosure is completed and you are evicted, you may wonder what happens after your house is auctioned. In Texas you cannot get your house back. So your next question may be to figure out how to auction my house fast. If you can sell your house fast to a cash buyer, you may be able to avoid the foreclosure altogether. You might consider a discussing a short sale with your lender, but it still may not be enough. And it might not be the best deal. A real estate investor can buy your house for cash and possibly help you avoid foreclosure completely, that would be the best scenario possible. Speak to a cash home buyer as soon as you can to explore the options you have available.

Stay in Your House After Foreclosure With Us!

stay in my house after foreclosure by working with cash buyers

If your house is being foreclosed, you’re stuck looking for a new place to live. At Matt Buys Houses TX, we’ll buy your house for cash and give you a simple and affordable renting option until you move into your new home. We’ll make you a no obligations cash offer for your house in order to help you avoid the stress of foreclosure.

Have a question? Give us a call! We’re always ready to talk. No matter if you have questions about the foreclosure process, or want to get a quote for your house, we’re more than happy to help! Reach us at 210-596-9669, or send us a message on our website!

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

Categories: foreclosure

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How Can We Buy Houses Help You?

September 11, 2024 • Matthew

If you need to sell your house in the San Antonio area, but you don’t have the time to wait for an agent to list it or to sell it by owner, give us a call! We buy houses all over the San Antonio area. We pay cash for houses as-is and we close within a matter of days. In some cases we have closed sales in as little as three days.

This post will cover some of the different house buying situations that we specialize in. While we mainly deal with these types of situations, we buy houses under many other circumstances as well. You can visit our main page to learn more about our process and how to get it started.

Do you have too many repairs to make?

we buy houses help you with repairs
Whether repairs are voluntary or involuntary, their costs add up in a hurry. We’ve heard many stories about small home repairs turning into remodels because of wood rot and outdated plumbing. If you live in an area near lots of water, you may find yourself making more repairs than you’d like. Flooding and storms constantly keep you busy with your house. Arid places like San Antonio also have their drawbacks. Normally there is a lot of leveling and roof work to be done. We buy houses all of the time that require repairs. We actually prefer them!

Have you inherited a house?

We buy houses that have been inherited, no matter what the circumstances. Whether you inherited a house though probate court or other less common ways, we’re interested in buying it. Inherited houses come with taxes, repairs and a houseful of extra stress. Why not get cash for your extra house and lose the headache?

Are you currently going through divorce?

we buy houses help you with divorce
Divorce is a tough thing for anybody to go through. More often than not, couples who just want to move on with their lives end up having to share a portion of it due to home ownership. Since we pay cash and close fast on houses, we offer the perfect service for getting rid of your home and moving on. The day that we close you will have money in your hands to help you get started with the next chapter of your life.

We buy houses before foreclosure.

Foreclosure is another one of those tough situations that some home owners have to go through. Once again, the services that we offer are the perfect way to help. We can make you a fair offer on your home that could possible cover the amount that you owe for foreclosure and give you the chance to start over in a new home. If you are currently in pre-foreclosure, let us buy your house before it hits foreclosure!

Is land lording too much to handle?

we buy houses help you with landlording
We buy houses from landlords all of the time. Being a landlord is tough business. There are vacant properties to worry about, questionable tenants to deal with, and the month to month cost of insurance and taxes on your properties. If you feel that land lording is something you want to do less of, or stop doing all together, give us a call. Whether they are occupied or not, we’d like to make you an offer on it.

Do you need to re-locate?

Many people have jobs that require them to change locations every few years. This can make selling your house more stressful than normal circumstances. When there are deadlines than need to be met it adds a whole other level of frustration to the process. Our ability to close fast makes selling convenient for you. You’ll be able to use all of the extra time saved by selling to us to move at a comfortable pace.

What does it all mean!?

we buy houses help you with financial freedom
We offer the most convenient and stress free way to sell your house fast and at a fair price. We buy houses all of the time from people listed in the above situations and some that are so unique that they don’t fall into any one category. We are house buying professionals who offer professional assistance. If you are serious about selling your house fast and need our help, we are more than willing to provide it!

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

Categories: We Buy Houses

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How Investors Buy Houses Hassle Free

September 4, 2024 • Matthew

Thinking of selling a home to a cash buyer, but find yourself wondering how investors buy houses?

When it comes to selling a property, homeowners want to ensure a stress and hassle free sale. They want to be able to sell their home at the ideal asking price and walk away from closing with the ability to move on without strings attached. Unfortunately, not all home sales are quick and convenient. They often come with a long battle to please potential buyers. Fixing up the property and hosting endless showings can become a financial burden, and emotionally overwhelming. For sellers wanting to simplify the selling process, learning how investors buy houses is essential.

Why Sell House to Investors

selling is how investors buy houses

Most homeowners envision their property being sold to the typical buyer: a family or young couple with the desire to live happily ever after in the home. However, individual buyers aren’t the only option when listing a property on the market.

Many house buyers are professionals with interest in the property’s potential. These real estate experts are investors, often making fair cash offers exceeding the homeowner’s expectations. But how do investors buy houses with cash? These investment companies and individuals will purchase resident homes needing renovations to eventually resell at a profit or boost their property portfolio. As with any major life decision, there are both advantages and disadvantages in selling a property to an investor. It’s vital to outweigh both before making any concrete action.

The benefits of selling your property to an investor are numerous and will likely appeal to most homeowners. We buy houses companies and other investors are unlike traditional house buyers with their lack of buying limitations. Whereas a traditional buyer is typically forced to get a loan or other financing to purchase the property, investors will use cash on hand. This allows sellers to skip waiting for the lengthy financing process and move on with ease. For a homeowner looking to close fast, this is one of the best reasons why to sell a house to investors.

Another major perk to utilizing an investor’s services is their ability to offer flexible buying arrangements. Unlike traditional house buyers, many we buy houses companies are willing to take over a homeowner’s financial burden as an added bonus to selling. They may be able to take over the homeowner’s mortgage, which is especially beneficial to sellers that are underwater or have had their home on the market for a while.

making the deal is how investors buy houses

Perhaps the biggest advantage to selling your property to an investor instead of a traditional buyer is their desire to buy a home as-is. Sometimes homeowners are unable to make necessary home repairs due to cost. Other times, they’ve inherited the property already damaged and wish to sell immediately. Whatever the scenario, investors will happily gobble up severely damaged properties, including rentals and inherited homes. For a seller with the financial burden of owning a dilapidated property, investors are an attractive option.

Like with any major financial decision, there are limited disadvantages to selling a home to an interested investor. For instance, some scammers pose as investors willing to submit an offer. However, these illegitimate buyers are more interested in tying up your property in purchase agreements than actually closing the sale themselves. Unfortunately, investors aren’t legally required to expose who is making an offer and their intentions; this legal loophole allows many scammers to actively fool the seller without any consequences. Many sellers also find themselves needing to vet investors more than traditional buyers. This extra bit of time spent on researching before a sale can be a costly and an ineffective waste of time for many homeowners.

Making a Deal

getting your deal is how investors buy houses

Now that you can identify the major benefits and few disadvantages to selling to an investor, it’s time to learn how to sell to house buyers. Thankfully the process is simple due to the investor’s focus on finding ideal income properties. Transforming your home in hopes of appealing to the traditional buyer can be difficult; it often means updating the property and providing curb appeal that attracts the average buyer. Investors are less picky and look for a couple key factors before making a deal.

Investors generally search for homes that need work in superb locations. Properties that are undervalued due to extensive damages are a great deal for investors willing to renovate before reselling. Homeowners that have become landlords are also ideal potential sellers; their tenant-occupied rental properties are desirable nuggets of potential profit to a serious investor. Homeowners with any of the properties described will with little problem attracting a local investor willing to make a deal.

Before finalizing the deal, it’s important as the seller to carefully look over the agreement. While most investors are professional house buyers with no intention to mislead the homeowner, some will put in substantially lower bids or change other agreed upon details. If selling an FSBO, it’s especially important to have an expert read over the contract before closing.

How Investors Buy Houses

selling is how investors buy houses

When it comes to how investors buy houses, the process is simple. If the local investor doesn’t make initial contact, a homeowner can inquire about the house buyer via an online form or obligation-free phone call. After making contact, the investor will set up a home visit to assess the property to calculate a fair price. Once the investor has considered the purchase cost, including comparing it to other homes of similar size in the neighborhood, they will submit a cash offer. There are no stipulations or contingencies involved; the investors want to buy the home as-is and provide the seller the means to move on. Once the offer is thoroughly looked over by the seller and accepted, investors ensure closing within a week or at the seller’s earliest convenience. It’s that easy.

Working with a professional investor is a hassle free experience for homeowners interested in simplifying the selling process. The benefits far outweigh the possibility of scammers. Investors are meant to be empathetic problem solvers and experts in the housing market. They can provide cash offers that expedite the sale and free selling advice for unsure homeowners. If you want to know how investors buy houses hassle free, it comes down to their desire to guarantee a speedy sale while providing efficiency and professionalism.

Need to Sell Your House?

Then you’ve found the right people! At Matt Buys Houses TX, we understand that selling your house is an emotional, and stressful process. That’s why we take extra care to work with you on a timeline that’s comfortable and convenient for you. That’s how investors buy houses. It’s as simple as sending a text! Sell your house for cash fast through us.

Plus, we’re always happy to answer any questions about the house selling process that you might have. Give us a call today at 210-596-9669.

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

Categories: Selling to Cash Buyers

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For Sale By Owner Pros and Cons

August 28, 2024 • Matthew

Before listing a home on the real estate market, homeowners need to make one very important decision: who is going to actually sell the property. Deciding how to sell, either for sale by owner, with a realtor, or with a cash buyer, is a big issue. Selling a home can be a lengthy and complicated process for owners, so many choose to employ the services and expertise of a local real estate agent for assistance.

Other homeowners feel confident in their ability to sell and decide to list a for sale by owner. While selling a house as the owner has enormous benefits, including selling for cash offer, it also comes with unappealing pitfalls for those inexperienced with the process. To avoid these disadvantages, homeowners must become familiar with the for sale by owner process and recognize both the pros and cons.

Listing A For Sale By Owner

listing for sale by owner property sale

When selling a house as the owner, it’s vital to start with pricing the property. Accurately pricing a house is easier said than done, especially when the seller acknowledges their owner’s bias. It’s crucial to correctly price a property from the start of the selling process because it attracts certain buyers and determines how quickly the home will sell. While a good marketing campaign can boost open house attendees, sellers will lose out on many potential buyers if they overprice their property.

To accurately determine the asking price and avoid overpricing – the most common for sale by owner mistake – homeowners must calculate the home’s accurate value. Accurate value is the best price a buyer is willing to realistically pay and is found by browsing comparable properties in the same condition within the same area. Homeowners should also consider the current real estate climate and the cost of financing, if available.

Before finalizing an asking price, homeowners must remember that an asking price is not the selling price. Other home selling prices, tax assessments, and previous values for the home are often not reflective of the true market value of a property. Instead, acquire a professional home appraisal when justifying an asking price.

Successfully listing a for sale by owner also means being able to efficiently advertise your home. This happens by making your home the most attractive by repairing cosmetic issues and keeping the property maintained. To grab the attention of potential buyers, sellers must be willing to develop a clear marketing plan that goes beyond putting ads in the newspaper and a “For Sale” sign in the yard.

As an unrepresented seller, homeowners must be able to compete with homes sold by professional realtors. Using high-grade marketing materials, such as prepared flyers and brochures, as well as advertising online with Multiple Listing Service and home selling sites is necessary to attract serious buyers. Use up-to-date photos of the property and plan open houses on key days of traffic, like the weekends. It’s important to use every advertising tool available to when listing a for sale by owner.

The Pros of Selling a House as the Owner

put on the market to for sale by owner

Once able to fully appreciate the components of selling a house as the owner, homeowners can compare both the pros and cons of listing as an unrepresented seller. The most obvious advantage is that the homeowner is in control. You get to determine the asking price, set the appointment times, decide how to negotiate with a buyer, and when to host an open house. When using a realtor, homeowners must rely on the agent to properly and safely show their property; they entrust the realtor to lock up after showing strangers a property, which doesn’t always happen.

Another positive unique to an owner selling house is that they typically know their home better than any agent. Sellers are able to list a home’s recent updates, accentuate all of its best qualities, and highlight its unique selling point. Real estate agents are often unable to spout of the home’s amenities; while they’re juggling other properties to sell, for sale by owners have a singular focus and dedicate more time and resources on their own home.

One of the most attractive pros of selling your own home is not having to pay a 5-7% commission to your real estate agent. Instead, sellers are able to keep that money to buy additional or higher quality advertising, or pay for any necessary repairs.

The Cons of Selling Without a Realtor

using a realtor for sale by owner property sale

While selling without a realtor offers many benefits, inexperienced sellers may face potential consequences when selling a for sale by owner. The most common disadvantage is not receiving your accurate home value. Unfortunately, some buyers seek out an unrepresented seller in order to con them and purchase a property for less than it’s worth. Homeowners familiar with the process will not be fooled by these illegitimate buyers, no matter how persuasive they are. For help identifying these specific type of scammers, sellers should contact a local cash home buyer; they provide real estate expertise with no strings attached.

Another common disadvantage an owner selling their house might face is having less visibility. Even with the array of free online home selling sites and local magazines dedicated to advertising homes, some sellers have trouble attracting buyers via a strong marketing campaign. Though realtors have more experience and methods available to market a home, sellers have to ultimately pay for the additional advertising through realtor fees. If a homeowner is selling a house for cash, they don’t need to worry about extra advertising fees and writing up detailed property descriptions; cash home buyers typically find you!

The biggest drawback of listing without the aid of a realtor is weeding out unqualified and uninterested buyers. Without prior experience, differentiating between a legitimate buyer and a scammer is a difficult endeavor and can cause serious long term issues. If selling a house for cash, homeowners can forget worrying about attracting the right, serious buyer; cash home buyers are serious about sales and often buy and close on properties within a week. For novice home sellers, they also prepare all the legal forms and disclosures while explaining guidelines and requirements.

Homeowners shouldn’t be discouraged by the negatives if they’re genuinely interested in listing their property without a realtor. With a bit of knowledge and a friendly local cash home buyer, sellers will be able to successfully and easily sell their own homes.

Want to Sell Your Home for Cash?

get the benefits of selling a house for cash

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

Categories: sell a house

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Effects of Foreclosure in Texas

August 21, 2024 • Matthew

Maybe you’ve seen the signs in your own neighborhood and wondered, “Are we buy houses companies credible”? The advertisements talk about companies that buy houses for cash fast, but they do not talk about if cash house buyers are safe or reputable. Just like any industry, there are those who are dishonest, but investing in real estate is an honest business.

There are some signs for you to watch for to determine which we buy houses companies are credible and which ones are not honest. Cash house buyers are simply real estate investors and are safe. There are certain things that reputable house buyers do.

Are We Buy Houses Companies Credible?

sell your house to we buy houses companies credible

The obvious answer to are we by houses companies credible is yes. Once you understand how they work, you’ll understand that companies that buy houses for cash fast are just like any other business, except they are focused on investing in real estate. Here are a few of the things reputable cash home buyers do for homeowners:

Companies that buy homes for cash help homeowners who have found themselves in a bind. They can offer the homeowner cash quickly. One example is when someone needs to relocate, cash house buyers help the owner be relieved of the responsibility of the property and put cash in their hands. Sometimes people need to sell quickly because of extensive medical bills or in cases where they have lost a job.
We buy houses companies are credible because they can help a seller get rid of their burdensome property without having to go through a long wait or the hassle of paperwork. Selling through an agent or trying to sell your property yourself can sometimes feel like it takes a lifetime. Investors buy homes fast without making the seller wait for the market to catch up.
Cash house buyers are safe to do business with because they are investors. They can sometimes improve the value of neighborhoods. They purchase a house, and then make improvements which help to enhance the community by adding value. In many cases, they repair houses that have been in ill repair or neglected for some time. Instead of the neighborhood watching the house fall over time, it can watch it turn into a beautiful home for a family.

Are we buy houses companies credible? Yes. They are not trying to run a scam or get-rich-quick scheme. It really is an honest way to help out people who are trying to sell their home. It’s an honest way to make a living.

How safe and easy is it to sell to a cash house company?

are we buy houses companies credible for cash payouts

You may still be asking a couple of questions. You may wonder how does we buy houses for cash work? And perhaps you wonder Just how safe is the process? If you still have questions and wonder if we buy houses companies are credible, check out some companies that buy houses reviews. Consumers are usually real honest about how a deal went, whether good or bad. Reading through several companies that buy houses reviews will give you more insight on how the process works as well as help you learn more about this safe practice.

The process is rather simple, which is why more homeowners are opting to sell to cash buyers. The investor will come and do an informal evaluation of your property. Based on what they see, and how involved the renovations or repairs are going to be, they will make you a cash offer. You are under no pressure or obligation to take the offer, it’s just an offer. But if you decide it will work for you, then they will pay you cash for your house. In most cases, cash house buyers also take care of closing costs and help finalize the paperwork. When compared to putting your house on the market, this is a much faster and smoother process.

What are some of the reasons homeowners go through a cash buyer?

should you sell to we buy houses companies credible

Once you get an answer to how does we buy houses for cash work, then you may feel better about it and understand that cash house buyers are safe. Maybe you’ve read through some companies that buy houses reviews and wondered why so many people are opting to go through cash buyers. There can be lots of reasons for sellers to use an investor. Some of the reasons to choose a cash buyer include:

The homeowner is facing a foreclosure
The primary breadwinner needs to relocate for their job
A couple is going through a divorce
The death of a family member or loved one
Inheriting property but you can’t keep it
Repairs are too expensive
Want to avoid auctioning a house

These are just a few of the situations homeowners may face and need to get out from under a payment fast. That’s when a cash house buyers safe options come into play.

Final thoughts on cash home buyers credibility

A we buy houses companies credible business can be a huge benefit for someone who needs to get rid of a house fast for any reason. You can have the cash in hand without needing to stage your house or make a lot of repairs. You also do not have to pay out of pocket for a property assessment or for a home inspection. It comes down to getting a fair price for your property and you being able to get out from under it quickly. A cash home buyer can help you do just that. They can pay you cash and handle the paperwork so you don’t have to. Take the time to talk to an investor and find out what they can do for you.

Sell to a Credible We Buy Houses Company Today!

we're here to help sell my house without an agent

Don’t spend all of your time repairing your house to sell. When you sell to a cash buyer, we’ll buy your house in any condition. We’ll buy it as is! At Matt Buys Houses TX, we’ll make you a no obligations cash offer for your house in order to help you avoid the stress of getting your house ready for the market.

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

Categories: foreclosure

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House Investors That Buy Houses for Cash in San Antonio

August 14, 2024 • Matthew

You’ve probably heard of them before – house investors that buy houses cash in San Antonio. Matt Buys Houses TX is one such company.

But what exactly are the benefits of house investors? Why is it becoming such a popular option? There are definitely advantages to house investors and many see it as a better investment of their time to go with one when they want to sell their house fast.

In this article, we’ll look at pros and cons of selling your house to a real estate investor so you can get a full picture of the business and what to expect when dealing with real estate investors.

house investors

All you need to know about house investors that buy in cash

Being a real estate investor is a fantastic job for those who enjoy networking and are extremely good at real estate sales. But do you know everything there is to know about real estate investors? Have a look at some pros and cons of house investors!

Here are the pros of working with investors that buy houses cash…

Pros of house investors:

house investors

You won’t have to pay real estate commissions.

Normally, agents will charge certain commissions for using their service. Completely understandable. But house investors don’t and yet they deliver the same service, except faster.

They will help you update and upgrade your property.

And you won’t have to worry about any of this – unless you wanted to.

They offer flexible payment options.

By offering a variety of payment options you will be able to sell your house fast regardless of your financial state. Alongside, you will also be able to avoid foreclosure.

We are able to pay cash and sell your house fast

‘As Is’ sale means that your house can be sold without providing a warranty or being on the hook for problems with the house. You will be able to save a lot of money as well as time. House investors that buy houses cash do not need a warranty. They are getting a discount on the house and know it needs repairs.

No hidden fees.

Investors have no hidden real estate fees. This makes it easy to get a good price on your property.

Cons of house investors:

cons of real estate investors

They don’t need a license to buy

It might be hard to do a background check on the person selling your home, however, you should still be able to check reviews of the house buying company to make sure it is legitimate. A reputable house investor should provide you references and be honest and upfront about their business.

Scammers are out there!

It’s a popular way for scammers to make money off of innocent people. There are some we buy houses scams out there. So how do you make sure your real estate investor is legitimate? You should be able to look up any agent with the Better Business Bureau. An honest real estate investor will also be open to answer any questions you might have about the house selling process.

You might get less money for your house

Due to purchasing your house ‘As Is’, this usually means the value of the house will go down. However, due to so many hidden costs of real estate agents, you will often find that cost-free house investors are actually a better option as you roughly end up with the same amount of money as you’re not going through the usual paperwork process.

Investors that buy houses cash need to buy at a discount so that they can cover the unknown expenses they may incur.

6 things every house seller should know

things to know when selling your house

Give yourself time

Unless you want to sell your house fast, house selling is often a long process. Give yourself time to make sure things go the way you want them to and that you can sell for the value you want. You will need to be patient – it’s part of the game.

House viewings are a tiring process

Apart from keeping your house clean at all times, pet-owners will also have to keep an eye on their animals – or better yet, keep them away from the house during a viewing. You really don’t want your dog to run crazy around the house as your potential buyers are looking around. Warning: there will be a lot of time wasters.

But house viewings are also important

When preparing your house for a viewing, you should go beyond just hiring a cleaner or cleaning the property yourself. Sometimes painting the facade, decorating or even keeping the house warmer than usual during the viewing can help speed up the process.

Good photos are the secret to success

When you list your property, you need to make sure your photos are fantastic. They are the first ‘house viewing’ people will get – so either brush up on your photography skills or hire a professional who will help you take absolutely perfect pictures. Trust us – you’ll be thanking them later.

Get help when you need to

Everyone thinks they are able to sell the house by themselves. But are you really? Do you know the best ways to put your house on the market? Are you familiar with the tricks of the trade and know the real estate lingo inside out? If yes, good for you. If no, don’t worry – our blog is a fantastic resource with plenty of valuable real estate information that will help you make a right decision.

You can sell your house in just 2 days!

With Matt Buys Houses TX, your house can be sold in 2 days if necessary. We buy houses. Got repairs? Doesn’t matter. We buy houses for cash as-is!

house investors

Give us a call at 210-596-9669 or fill out our form – you will hear back from us with a cash offer in less than a day and you can close it whenever you want. Your house can be sold tomorrow, in a week or even in a few months – it’s up to you.

We’re also here to answer any questions you might have on the house selling process, avoiding foreclosure, selling your house with tenants still in it and much much more. Give us a call on 210-596-9669 and sell your house fast!

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

Categories: We Buy Houses

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Get Cash for My House in San Antonio

August 7, 2024 • Matthew

If you’re stuck with a house that you can’t afford or don’t want anymore, then you’re probably asking yourself “how can I get cash for my house” over and over. Don’t worry! We’re here to be your problem solver.

There are numerous reasons to need cash in today’s market. From ever-increasing inflation to the fluctuating value of the dollar, many homeowners find themselves desperate for a fast financial fix to alleviate any monetary stressors.

Rent, insurance, and other monthly payments pile up. If you’re not on top of it, you can feel overwhelmed by the financial burden while experiencing major consequences. To avoid foreclosure or debt, some homeowners decide to utilize their best asset: their home. But how can I get cash for my house?

Cash for My House Through Home Loans

get cash for my house with a loan

Owned property is a rich source of wealth for most homeowners. For cash poor owners, tapping into the home’s equity is a viable solution with few drawbacks. Home equity is simply the property’s worth minus what the homeowner still owes. For instance, if I owe $40,000 on a home valued at $100,000, I have $60,000 in home equity. If I want cash for my house, I might seek out home equity loans.

Homeowners with substantial home equity, strong credit, and a source of income often borrow from lenders when needing cash fast. Either with a general home equity loan or home equity line of credit (HELOC), property owners can borrow against their home for a set sum of money. While the general home loan is for a particular amount over a stated term, a HELOC is typically more flexible in payment options and terms. With either loan option, the borrower must continually make monthly payments to capitalize on their home’s value.

If I need cash for my house quickly, I might skip the home equity loan altogether. Even if I’m able to meet the monthly payments, the qualification process for a home loan is tedious. It’s a multi-stepped approval process that forces homeowners to fill out complicated paperwork to apply. Loans are also, in general, situational solutions.They’re highly dependent on a borrower’s ability to repay and how much they need to borrow. For homeowners needing a hassle free solution, avoid taking out large sums from third parties.

Renting to Tenants

get cash for my house by renting a room

Another likely option to get cash out of your property is through renting. Renting allows homeowners to relocate while earning monthly rent. Landlords are allowed to control rent prices and choose their ideal tenants while still owning the property. For homeowners unwilling to sell immediately but still need cash, renting is one possible solution.

Homeowners wanting to rent and inherit the legal issues of renting to strangers should consider the major drawbacks before becoming a landlord. Appealing to possible tenants requires modernizing a property and offering major incentives. This is a time-consuming process for those who need cash immediately. Also, tenants’ personalities and needs vary. Some will be high maintenance and require around-the-clock supervision while others will blatantly disrespect the property.

To solve these potential issues, many landlords hire property management firms to handle tenants, collect rent, and provide overall home maintenance. But that can quickly eat at any potential profit. If a landlord finally does decide to sell their property, tenants have rights that will make future home sale’s difficult if ignored. For guaranteed quick cash, homeowners should steer clear of renting to tenants.

Get Cash for My House from Home Buyers

get cash for my house by selling to buyers

The best option for homeowners that want to get cash for their house is through a speedy home sale. Selling your home allows you to gain that home equity without the lender’s many contingencies. It also provides several benefits for the sellers, including the freedom to relocate to a more affordable house with smaller or no mortgage payments. Unlike acquiring a loan or renting to tenants, selling your property creates the opportunity to cut ties completely with the property and its many financial liabilities.

“How do I sell house in any condition?”

It’s true. Houses sell for higher prices with extensive updates after long months on the housing market. This causes some homeowners to believe they’re unable to sell their property at a profit due to its poor condition. This is simply untrue. A large amount of investors and we buy houses companies pay fair market prices for damaged homes. While listing with a realtor forces sellers to update before closing, selling to an investor allows the homeowner to avoid making costly repairs altogether. For those looking to sell house in any condition, selling to a we buy houses for cash company is essential.

“I need to sell my house for cash. Who do I sell to?”

When I need to sell my house for cash, I exclusively seek out local investors and cash for homes buyers. They offer complete transparency when assessing a home. After a filling out a simple online form, most we buy houses companies contact a potential seller immediately. After a non-invasive and friendly chat, the company’s representative or investor makes a home visit and assesses the property’s condition without judgement. Does your house need major structural repairs? Does the roof, floors, or walls need updating? No problem. These we buy houses companies offer relief to making repairs or performing maintenance before finalizing a sale.

Companies that offer cash for homes provide even more advantages to homeowners seeking relief from financial burden. Cash home buyers guarantee a convenient closing. Paperwork is drawn and amicably explained to the buyer, and closings take place at the seller’s earliest convenience.

We Buy Houses for Cash!

get cash for my house asap

We buy houses for cash companies are interested in making the selling process as expedient and painless as possible. Unlike loan lenders and renting to tenants, selling for cash has fewer complications and takes less money and time. If I want the most cash for my house with the least potential hassle, I’ll choose a we buy houses company any day.

Selling your home in San Antonio can be a lengthy, complicated process. From making major repairs to finding the ideal real estate agent in the area, the selling process can cause serious anxiety for most. For homeowners needing to sell fast, spending months on market is detrimental. With we buy houses for cash companies, selling fast for quick cash is a guaranteed bet.

We’re always available to answer any questions you might have, or give you a no obligation cash offer any time! Just give us a call at 210-596-9669. We can’t wait to talk to you 🙂

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

Categories: Selling to Cash Buyers

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How to Sell a House That Needs Repairs Without Fixing It

July 31, 2024 • Matthew

Many home sellers ask themselves whether they should sell a house that needs repairs. Some feel that they will be able to sell for a higher price. That way they will get their money back from the repairs. Others just cannot fathom being able to sell an ugly house.

This is a question that can be answered in different ways and takes some thought before coming to a decision.

Can You Afford the Repairs?

affording to sell a house that needs repairs

Chances are if you want to sell an ugly house you are in a position where you can’t afford house repairs. This may create a frustrating situation for you. Some houses need minor repairs such as a few wall repairs and some painting. Then there are others that own a home that is in need of serious repairs. The roof may need to be done and perhaps the electrical components need updating. These, as well as other major repairs, can be really costly.

If you are wanting to sell a house that needs repairs, it could possibly mean that you are in need of some quick cash. Trying to sell your house as-is may not be an easy task if you are going to go through the traditional methods. This would be putting it on the market and listing it through an agent.

It May Not Be a Good Idea to Do the Repairs

If you are going to sell a house that needs repairs, then be prepared to make an investment. This may be one that you will not get back with the sale. A lot of buyers do so with the intention of doing their own renovations. If you have just completed some interior repairs these may not be of any advantage to a potential buyer.

Selling Your House As-Is

It may be a lot easier to sell a house that needs repairs than you may think. There are buyers out there who make a cash offer for ugly house transactions.

Disclosure

You are going to want to disclose the defects of the home as best you know them. It may be that you inherited the home and are not aware of all its faults. You may be compelled by law to disclose what you do know. Every home has its flaws. You want to point out the ones that are major and may not be readily seen by someone viewing the home.

Your Responsibilities

If you are going to sell a house that needs repairs, then you won’t have any obligations to do any of the repairs that are required. The potential buyer may have a home inspection done. Usually, if they are prepared to buy as is they won’t go that route. They are aware that a home inspector would find the repair issues that they are already aware of. There are some home buyers who really are looking for those who want to sell a house as is. This is because they are prepared to do a substantial amount of work not only for the repairs but for major remodeling. They feel they can get a buy like this at a better price. Then, with what they can save on the purchase they will use to re-do the home to their exact liking.

The Right Cash Offer For Ugly House Sale

get cash and sell a house that needs repairs

While you may have decided to put the house on the market as is, you may have some issues with some buyers. There may be those that want to do the major repairs and renovations, but still need to finance the purchase. There can be some issues with this as a lot of lenders are not keen on loaning money for this type of purchase. The lender may ask for a home appraisal. You may be thinking of asking more than the house is appraised at. In this case, some buyers will not qualify for the purchase if they are borrowing.

Another option that will most likely be available to you is a buyer who can walk in and pay cash for the home. This way there are no concerns for the buyer having to arrange financing. If you are intent on going ahead to sell a house that needs repairs then this type of buyer is your best.

The Advantages To Decide To Sell A House As Is

By not selling in the traditional manner you are not going to have all the headaches of the repairs. Then also to consider with this of a cash offer for an ugly house contract is the time. It takes a lot of time to get all the repairs done. If you can’t afford house repairs and were planning on doing it yourself, this will be even more time consuming.

The “sell a house as-is” opportunity really is your best option. That is if you don’t want to go through the hassles of listing your home. Even if the housing market is hot you may not be able to sell quickly because of the need for repairs.

If you are in need of quick cash and want a deal that is going to close quickly a cash sale is ideal. The decision to sell a house that needs repairs is really your best option. This is especially true if you are in need of quick cash. Plus, you want the deal to close quickly. If you accept a cash offer for ugly house sale then you are most likely going to save additional money. This means you won’t have to pay the regular listing fees.

Rather than put your house on the market with the intention to sell a house as is, do some research. You may find that there are potential buyers in your area that buy these types of houses regularly. These are professional investors that will make a fair deal with you based on the condition of your home. They are well aware of the prices of homes in your neighborhoods. They will take this into consideration when giving you a cash offer for your home.

If you really want to get rid of your home quickly selling for cash as is will be the quickest action you can take. It will probably be a decision that you won’t regret. This type of house selling comes with a lot less hassles.

Need to Sell a House That Needs Repairs?

need to sell a house that needs repairs

Selling a house that needs repairs is a stressful situation to find yourself in if you don’t have the cash to afford it. Repairs can add up and keep your house from getting on the market. You don’t have that time, and we understand that. At Matt Buys Houses TX, we specialize in quick home sales for cash.

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

Categories: sell a house

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