Almost everyone has seen those We Buy Houses signs alongside the road. These are usually companies or individuals who offer to pay cash for your home so you can sell it quickly. There are We Buy Houses Houston companies which are legitimate and some which are not. The simplest way to tell if a company really does buy homes and pay cash is to call them. If they are the real deal, they will answer the phone and set up a time to meet you and look at your home. If they aren’t legitimate, they probably won’t even answer the phone.
If you need to see you home quickly and don’t have the time or the knowledge to sell it yourself, these types of companies may be a good option. It certainly won’t hurt to meet with them so see what they have to say about buying your home.
The way these individuals or companies make money is to purchase a house below market value and then flip it or sell it for a profit. This means you won’t get as much for your home as you might if you went through a traditional realtor.
The benefit of selling your home to a We Buy Houses person or company is they will pay you cash and you can usually complete the closing in three or four days. If it is important for you to get the cash from you home quickly, this may be the right choice.
When you sell to a We Buy Houses investor you don’t pay any commission. This alone can save you thousands of dollars when you sell you home.
Most We Buy Houses people search for homes that need work. They are also interested in foreclosures and bankruptcies because they can pay less than the home is worth and then depending on the condition of the home, turn it around quickly for a profit.
We Buy Houses investors are in every state. They will usually give you an offer within 24 hours of seeing your home. They also buy the house in an as-is condition which can save you money since you won’t have to make any repairs. Selling your home to a We Buy Houses Houston company can often help you avoid property taxes, liens, or fines for code violations. You walk away with money in your pocket and the investor takes responsibility for bringing the house up to code.