Chances are you have come across ”We Buy Houses” or ”Sell House for Cash” signs in your neighborhood. If you are looking to sell your home fast, dealing with Orange County home buyers could be a good idea.
In this read, we are going to dive into this form of transaction with the aim of helping you decide if it’s the right path for you.
How Does it Work?
It all starts by knowing how to find legit Orange County home buyers. Other than looking for signs in your neighborhood, check newspapers and websites like Craiglist for we buy houses ads.
You can then make a call to the buyer and provide details about your house and what it has to offer. The cash home buyer will then research your neighborhood, the value of your home, and that of similar homes in your area.
Afterward, they might visit your property for a quick inspection and give you an offer, either at the spot or within one or two days. If you agree to the offer, the deal can be sealed at a date of your choosing.
Most housebuyers including Monte Buys Houses are ready to close in a week.
Is Dealing With Cash House Buyers a Good Idea?
There are many reasons why dealing with a cash home buyer could be a good idea. Some of the benefits include:
(i) Sell Fast
The primary advantage of dealing with Orange County home buyers is that the sale occurs fast. There are many reasons why you may want to sell your home as soon as possible.
Perhaps you are dealing with a divorce, job relocation, lost a job, need to pay unexpected medical bills or avoid foreclosure. In such situations, doing business with a ‘we buy houses’ company may be the best route.
You do not have to host endless showings or wait for the potential buyer to get approved for a mortgage. As mentioned earlier, we close as soon as one week and it’s all up to you when you want to close.
(ii) No Repairs Required
When selling your home in the standard manner, you need to spend both time and money fixing up the property before listing it on the market.
In fact, when you need to sell fast, chances are you don’t have the money to do the necessary repairs. With Monte Buys Houses, however, you do not have to worry about repairs or deep cleaning before selling. We buy homes as-is and conduct all the required repairs ourselves.
(iii) Keep all The Proceeds
Selling your property to Orange County home buyers means you do not have to hire a real estate agent. Additionally, there are no closing costs involved. Selling directly to us helps you avoid all these fees and keep all the proceeds.
However, dealing with cash house buyers, as with any other form of transaction, comes with a few downsides:
(i) No Representation
Selling your house fast means you do not have a professional representing you. If you do not have experience in these transactions, you are in a vulnerable position and could easily go for the wrong ‘we buy houses firm.
(ii) Low Price
The biggest disadvantage of dealing with cash house buyers is that you will ultimately have to settle for a low price. Usually, the buyers will only offer 60 to 75 percent of your home’s market value. So, simply put, you’re basically paying for the convenience of an easy home sale.
Selling to Orange County home buyers can be a great idea especially if you need to sell fast. However, you need to consider your needs and understand the implications before making such an important decision.