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Four Advantages of Selling to a Reputable House-Buying Company

by | Nov 5, 2019 | Real Estate

People sell their homes to house-buying companies for many reasons. Some inherit homes they don’t want while others are going through divorces or facing impending foreclosures. Whatever your situation, a Chicago house-buying company can help extricate you from a bad or stressful situation. Here’s how.

Quick Sale

In most cases, a homebuyer agency will make you an offer on your house within 24 hours if it’s interested in buying it. The actual sale will occur anywhere from a week to three weeks later. This gives the buying company time to contact its attorney and get the paperwork started. You can also invite your lawyer to the closing to protect your interests.

Get Cash Upfront

With a we buy houses Chicago transaction, you’ll receive cash for your house. Because of the liquidity of the deal, you’ll receive a bit less than market value for your residence. However, you can make up the difference by avoiding an expensive real estate commission.

No Repairs

When you accept a we buy houses Chicago offer, the buyer won’t expect you to make any repairs. The company will just deduct the estimated repair costs from its final offer price. In fact, most house-buying agencies prefer to make repairs as they’re remodeling homes, which they’ll sell for significant profits.

Forgo Closing Costs

A company that runs, “We Buy Houses Chicago” ads will usually pay all closing costs. Therefore, if closing costs in your area are 4%, you’ll save $8,000 on the sale of a $200,000 home.

Selling to a reputable house-buying company will prevent you from dealing with an unscrupulous operator, which is someone who may just want to assume your loan. Hence, the reputable buyer will save you a lot of trouble and money.

Chicagoland Home Buyer, which you can access at 312-386-5511, will eliminate all of the stress that goes with selling a house through a real estate agent.


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