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The Pros and Cons Of Selling Your House To A Professional Home Buyer in Cleveland

Most people know what a real estate agent is and have pre-determined ideas or have experiences about what they do for you, as a seller. On the other hand, some sellers in Cleveland, Ohio might not know what to anticipate when working with a professional home buyer. A seasoned professional home buyer will typically have a more straightforward, stress-free transaction for sellers. Here are some pros and cons of selling your house to a professional home buyer in Cleveland.

The Pros and Cons Of Selling Your House To A Direct Buyer in Cleveland

Pro – Straightforward Closings

Professional home buyers in Cleveland, Ohio frequently close faster than regular house buyers, and often pay cash. Traditional home buyers typically involve banks, mortgage underwriting time, property inspection time, and a risk that the buyer may not ultimately qualify. There are also generally no commissions paid when you’re selling to a professional home buyer without an agent. Additionally, professional home buyers might not charge transaction fees; even if they do, these amounts are typically much less than the commission you would normally have to pay.

Con – Below Market Offers

One of the biggest complaints buyers have about working with professional home buyers in is that the offers are usually below market, but this is for a good reason! The buyer is taking on a huge risk by purchasing your house as-is, for your home may be more damaged than you realize! Plus, you won’t spend any money on commissions or holding costs.

Pro – Purchasing Homes As-Is

Professional home buyers in Ohio will frequently acquire houses as-is. As a seller, this means you do not have to worry about repairs before closing. Some professional homebuyers do not even require you to take your unwanted items from your house so you can leave behind whatever you want.

Pro –Less Bank Loan Based Transactions

Selling to a professional home buyer is relatively straightforward especially when the buyer is not using a bank to get the loan. Loans can create issues because once the inspection is done the lender or the buyer may demand that you do the repairs. Also what happens if the appraisal comes back and the price comes back lower than you expected? These are issues than can come up during a bank loan transaction.

Pro – No Showings

When you decide to use a professional home buyer in Cleveland, Ohio, you will not have to worry about going through a roller coaster of emotions. There are no frustrating, middle-of-dinner phone calls asking if you are available to show your home. You don’t have to worry about leaving your home spotless every day before heading to work, just in case there is a showing while you’re gone. You don’t have to worry about possibly running into a buyer’s agent or their clients. You also don’t have to worry about buyers arguing with you over which furniture you are taking and what you are leaving.

Give us a call or send us a message to learn more about selling your house to a professional home buyer in Cleveland! (440) 291-5361

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