Most individuals are familiar with the phrase “real estate agent” and have preconceived notions or personal experiences about what they do for you, the seller. On the other side, some sellers in Cleveland, Ohio may be unsure of what to expect when working with a professional house buyer. A skilled homebuyer will typically give sellers a straightforward, stress-free transaction.
Closings that are straightforward
Professional home buyers in Cleveland, Ohio normally close faster. Traditional home purchases often need bank qualifications, mortgage underwriting time, and property inspection time, and the buyer may not ultimately qualify. In most cases, there are no commissions paid to a buyer’s or seller’s agent, saving thousands of dollars. The standard charge is 3% per side, which means that if your home is worth $300,000, you’ll have to spend $18,000 in commissions alone! Professional house purchasers may or may not charge transaction fees; if they do, they are insignificant in comparison to the commission or closing costs you would otherwise have to pay. They also provide mail-away closings, which is ideal for out-of-state homeowners.
Buying Houses As-Is
Professional home buyers in Ohio typically buy houses “as is.” As a seller, this means you won’t have to worry about repairs before the closing date or any other unexpected costs. Some companies do not require inspections, making the purchase really as-is.
There will be no appearances
You won’t have to worry about going through a roller coaster of emotions if you choose to work with a professional house buyer in Cleveland, Ohio. There won’t be any annoying phone calls in the middle of the night asking whether you’re available to see your house. You won’t have to worry about keeping your house pristine every day before going to work in case there’s a showing while you’re gone. You won’t have to worry about bumping into a buyer’s agent or their clients, or answering questions you shouldn’t be answering. You also won’t have to deal with customers bickering over which items you’ll keep and which you’ll discard.
It’s time to leave
Professional house purchasers are interested in making a profit. They do not plan to move into the house when the deal closes. You might not even have to clean up after yourself when you leave. You can simply pack your personal belongings and furniture and leave the rest behind.