Question 1

Are Companies that Buy Houses for Cash Legit?

Accepted Answer

Yes, companies that offer cash for your home are legitimate. The most legitimate companies are those that respect you and your home and don’t treat you like a number.

These companies care about you as much as the transaction and aim to make you feel comfortable, simplifying the transaction and offering you a fair market value.

Question 2

What’s the Primary Benefit of Selling a Home to a Buying Company?

Accepted Answer

Many of the closing costs and fees connected with a conventional sale, such as real estate agent commissions, can be avoided with the help of real estate investors.

Additionally, it sells much faster than an MLS listing and saves you the time and money you would have otherwise spent on repairs or other costs.

Question 3

How Long Does It Take to Sell to a Cash Buyer?

Accepted Answer

On average, cash home sales take two weeks to complete. However, depending on their process and whether they need inspections, some home buyers may be able to move more quickly while others may take longer.

Question 4

What Costs Are Involved with a House Buying Company?

Accepted Answer

Most of your closing costs will be covered by numerous home buying businesses. However, some will tack on typical service charges of 1 to 6%.
Before choosing a home buyer, find out the fees they charge; there are some options available at little or no cost to you.

Question 5

What Are Some Alternatives to a Home Buying Company?

Accepted Answer

If you don’t want to work with a realtor but don’t want to sell to an investor, consider listing your property For Sale by Owner (FSBO). In this case, you act like your own realtor by performing all the marketing tasks and listing procedures on your own. This requires a significant financial and time commitment on your part but attracts traditional buyers.