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The Role of Home Buying Companies

The Advantages of Selling Your Home to a Home Buying Company

If you are in the market for a new home, there’s one sure-fire way to shortcut the lengthy process and save yourself a lot of time, money and headaches: sell your old home to a home buying company. Get the full story here

Although this may sound like an impossible option for most people, it can actually be more affordable than taking out a loan or paying for your own remodel. Here are the advantages of selling your home to a home buying company:

You can avoid paying for remodeling

If you’re selling your home, chances are you need to make a few repairs, upgrade the kitchen or bathroom, or paint. These tasks can add up to a lot of time and money and will have your stress levels rising. Selling to a home buying company will put you in the clear so you can focus on the rest of your home buying journey.

You can avoid interest payments

Once you’ve sold your old home to a home buying company, they will handle all of the paperwork and preparation needed before putting up your new home for sale. Most companies pay you an upfront commission and then collect a commission after each full or part payment is made by the buyer. You can avoid paying interest on your home when you sell it to a company that does this because you will receive the full amount of your sale price upfront.

You’ll be able to take advantage of the highest offers

The home buying company will evaluate your home and make a fair offer based on current market trends. Because they have access to many investors, they can choose from a wide-range of offers so they can make sure you both receive the best deal possible. You won’t have to worry about your home sitting on the market; it will be sold quickly. This can save you thousands in realtor or agent fees.

You’ll avoid large remodeling costs

If you’re in the process of selling your home, chances are that you already have a sum of money budgeted for making repairs and remodeling. However, if you meet with a home buying company instead of a traditional buyer, chances are good that they will make all repairs and handle all remodeling for you at no additional cost.