5 Underrated Benefits Of Selling Your House To A Local Homebuyer

5 Underrated Benefits Of Selling Your House To A Local Homebuyer

Selling a house that has some issues like repairs, inherited, bad tenants, foreclosure, or maybe even bad smells from pets can be a little different than selling a house the traditional way. Sometimes a cash transaction is the best way to handle the sale of a house that has issues. 

 

Finding the right buyer that has the ability to buy a house with cash and that is also willing to buy a house that needs repairs or has other issues can require some looking around. Selling your house to a local homebuyer is likely your best bet.

 

There are some obvious benefits to selling your house to a local home investor. In addition to the obvious benefits, there are many benefits that most people don’t realize come with working with a professional “we buy houses” buyer that is local and focuses on buying houses in your specific area.

 

Sell Your House Discretely

One benefit of selling to a local home buyer is the privacy and discretion that comes with it. You won’t have to worry about neighbors or other people in the area knowing your personal business. You won’t have strangers coming through your house looking at it and you don’t have to worry about fixing anything up for showings.

 

There won’t be any signs in the yard advertising a sale. No real estate agents knocking at the door at all times of the day. Plus there won’t be an obnoxious number of cars with magnetic signs parked in your driveway telling the world what’s going on. No one is going to be posting about your house for sale all over Facebook and other social media sites.

 

The sale of your house will just be between you and the homebuyer you are working with.

 

The Sale of Your House Will Be Simple

Selling your house to a local homebuyer is also much simpler and quicker than selling it the traditional way. The homebuyer will handle all of the paperwork for you and be able to close on the sale quickly, often within just a few days or weeks. You won’t have to worry about dealing with dozens of showings, complex negotiations, multiple inspections, or the headaches of banks.

 

When you sell your house to Capstone Homebuyers for example, we handle all of the paperwork, we work with the title company, and we bend over backwards to make the sale easy for you. You just show up to collect your money on the day of closing.

 

Local Home Buyers Are Ready to Buy At Any Time

Local homebuyers are often open to buying your house at any time. It doesn’t matter whether the market is hot or if it’s in a lull, they will be willing to buy. They also don’t care about any of the issues that may come with a house such as repairs, smells from pets, bad tenants, or inherited houses.

 

They understand that sometimes you just need to sell quickly and for cash and they have the means and ability to make it happen for you. You won’t have to worry about waiting for buyers who need financing or deals that don’t close because of lenders not approving a loan.

 

Selling The House Will End the Holding Costs

When you sell your house to a local homebuyer, you can put an end to any holding costs associated with the property. You won’t have to worry about paying utilities, insurance, or taxes on a property that is just sitting there possibly not generating any income for you. This can be especially beneficial if you inherited the house and weren’t expecting it in the first place.

You’ll also save time and money by not having to deal with repairs or upkeep of a property that you don’t want anymore. You can simply hand off all of the responsibility to the real estate investor who will take over from here.

You Can See The Property After Renovations Are Complete

For those who would like to see the property after it has undergone renovations, local homebuyers are often willing to accommodate this request. You can come back and see your old house with a fresh face and take pride in knowing you sold it to someone that appreciated what they got.

 

Many times, family, friends, and even neighbors that spent time in the house over the years want the chance to see the house restored to it’s original glory. When you work with a local company that buys houses, they will almost certainly invite you back once the updates are completed for a private tour. This is a benefit that the big nationwide corporate buyers simply can’t offer.

 

 

Sell Your House To Capstone Homebuyers

Selling your house to an experienced local homebuyer is a fast and efficient way of selling your house for cash without having to go through the hassle of dealing with open houses, showings, and long drawn-out negotiations. Plus you get the added benefit of discretion, privacy, and not having to deal with any holding costs associated with the property. 

So if you need to sell fast for cash, working with a local homebuyer is a great option for you. Contact us at Capstone Homebuyers today to learn more about our services and how we can help you get the cash you need quickly.

Sell A Vacant House In San Antonio

Sell Your Vacant House In San Antonio As-Is For Cash

Get A Fair Cash Offer For Your Vacant San Antonio Home Today

We buy houses in any condition – no realtors, no fees, no commissions, no repairs, and no need to clean. Enter your address, phone number and email below to get started on your no-obligation all cash offer now!

Would You Like To Sell A Vacant House In San Antonio Without Making Repairs?

Selling A Vacant House As-Is

Vacant houses in San Antonio can be burdensome for the owner. Oftentimes, when a house sits vacant for too long, the house ends up needing repairs. There are many reasons why a house could be sitting vacant for an extended period of time. If you find yourself owning a property that has been vacant, you may want to sell the house as-is rather than making a large number of repairs.

 

Vacant houses can be the result of tenant eviction, inheriting a house that needs repairs, or even water damage that went unrepaired. Capstone Homebuyers has seen just about every scenario that leads to needing to sell a vacant house as-is without making repairs. We understand the situation can be difficult and frustrating. The worry, constant yard maintenance, and general upkeep can be time-consuming, exhausting, and financially straining.

Sell Your Vacant House Or Keep Maintaining?

Selling a vacant house or trying to keep up with the maintenance is the most difficult decision the owner of a vacant home faces. On one hand, you have the utilities, taxes, and possible mortgage each month. On the other hand, if you sell now as-is, you might not make as much as you would if you completed all the repairs.

If you do decide to sell a house that has been vacant for a longer period of time, you want to make sure you sell to someone who is used to seeing houses that have had extended vacancies. To some people, a house that has been sitting vacant might seem worse than it actually is. At Capstone Homebuyers, we regularly buy vacant houses and we can look past the effects of the long-term vacancy to see the potential of the house.

 

Vacant Houses And The City Of San Antonio

Vacant houses must be registered with the city of San Antonio if they are in certain areas. Learn more about the program and see if your house is inside one of the registration zones here. Aside from possibly having to register your property with the city, vacant houses draw attention from code enforcement officers. They will quickly have the house secured and lawn mowed at your expense. They normally charge between $330-$500 just to clean an overgrown yard. Don’t let code costly code violations stack up on the property. When you sell to Capstone Homebuyers, you don’t have to pay the code violations ahead of time.

Is Your Vacant House Causing Worry and Concern?

Sell A Vacant House In San Antonio

The list can go on and on…these are always some of our top concerns. This is the worry that can consume the owner of an empty house. This can lead to unneeded stress in your life. Trust us, we’ve been there. No matter how many times we get into this situation ourselves, it never gets any easier!

 

Sell Your Vacant House The Easy Way In

Fast Fair Offer

Fair Cash Offer

Sell your house with a fast cash offer that's acutally a fair offer! We guarantee our offers because we are local home investors who have bought hundreds of houses!

you choose closing date

Close On Your Timeline

We don't just buy houses fast. We buy houses for cash on your timeline. We can close in as little as 7 days but even if you want to close in 3-4 months, we can do that too!

Sell Fast For Cash

We are cash buyers in Alamo Heights and across San Antonio. We can make a fast cash sale happen when we buy hour house.

No Agent Commissions

Our cash offers don't have any fees or agent commissions attached. We pay al closing costs. You get to keep the money you deserve from selling your house.

No House Repairs

Sell your house without spending money on costly repairs, cleaning, or remodeling. We buy houses as-is so you can walk away.

Easy & Simple Sale Process

Sell your house fast with simple paperwork and a clear process. Get great communication and zero hassle. We make selling your house easy!

Sell Your Vacant House As-Is Fast For Cash

You can sell your vacant house as-is for cash. We purchase vacant houses across San Antonio and we close fast. If you are tired of the stress and worry of that vacant house always in the back of your mind, reach out to us! We are looking for houses that need that little extra TLC after being empty for a time. If you have a vacant house that needs repairs or has been neglected over time, we are ready to make a cash offer. We are reputable home buyers in San Antonio and have earned that reputation by purchasing houses from people who needed to sell for a fair price. Heck, even if the house is in perfect condition, we are still interested in purchasing the house from you.

 

Get A Fair Cash Offer For Your Vacant San Antonio Home Today

We buy houses in any condition – no realtors, no fees, no commissions, no repairs, and no need to clean. Enter your address, phone number and email below to get started on your no-obligation all cash offer now!

Sell Your Vacant Lot In San Antonio

Do You Need To Sell Your Vacant Lot In San Antonio?

Get A Fair Cash Offer For Your San Antonio Lot Today

We buy houses in any condition – no realtors, no fees, no commissions, no repairs, and no need to clean. Enter your address, phone number and email below to get started on your no-obligation all cash offer now!

Have you been thinking about selling your vacant lot in San Antonio recently? We have the solution you have been looking for. You can sell a vacant lot in San Antonio Because We buy vacant lots in San Antonio! When you sell a vacant lot to us, we pay all the closing costs and there are no commissions or fees. We make the process of selling a lot quick and easy.

 

Reasons To Sell Your Vacant Lot In San Antonio

These are just some of the reasons you may want to sell your vacant lot in San Antonio or the surrounding area. We understand that needing to sell a lot quickly can sometimes be frustrating. Many local realtors are familiar with representing buyers and sellers of houses but not raw land…that can be maddening. 

 

What’s worse, once you decide to sell your lot, you want a buyer right then but that doesn’t always happen. We know that feeling…that is why at Capstone Homebuyers, not only do we buy housesWE BUY VACANT LOTS AS WELL!

 

 

The Costs of Owning A Vacant Lot Add Up

We know the costs can add up when you own a vacant lot in San Antonio. These are the hidden costs of owning a vacant lot in San Antonio.

These are just some of the ways owning a vacant lot in San Antonio can actually cost you money. Stop worrying about paying these expenses. Let us make you a fair, all-cash offer for your vacant land or lot. The best part is, we don’t charge any fees or commissions for our services. We want to build on these lots ourselves so there are no middlemen involved.

 

Don’t get sucked in to paying unnecessary commissions to a real estate agent.

 

Don’t pay fees for “services” that “specialize” in selling only lots but want to charge you an arm and a leg in fees.

 

Call us today and let us make you a guaranteed cash offer for your vacant lot or land.

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How To Sell A House In Need Of Repairs: The Ultimate Guide To Selling A House As-Is

How To Sell A House In Need Of Repairs: The Ultimate Guide To Selling A House As-Is

Selling a house as-is in need of repairs comes with some big-time decisions.  Knowing what repairs to complete, who to hire, making sure the repairs are done correctly, and making sure you will get your money back for the repairs is only the beginning.  First, you must decide if it is even worth it or possible to make all of the repairs to the home.  Houses that need repairs don’t attract many buyers who typically look for move-in-ready properties.  Luckily, we have a breakdown of everything you need to cover to make the right decisions for your situation when selling a house that is in need of repairs. 

 

Preparing To Sell A House That Needs Repairs: Know What To Expect

To sell a house that is in need of repairs, you must first prepare for what to expect.  Most people will sell a house as-is and avoid the entire process of repairing the home before selling it. However, others may prefer to take on the repairs themselves in order to pad their bottom line. In addition to educating yourself on repairs, you need to completely understand your motivation for having your home ready for sale by knowing what price point you can sell at prior to making repairs.

Before making any repairs, have an honest conversation with yourself about selling a property in less-than-perfect condition and what that actually looks like. The buyers for a property in need of repairs may be local buyers who are paying cash for houses. This can make the sales process fast, easy, and worry-free. Putting a house on the market that is in need of repairs can mean the house sits for a longer period of time due to the condition of the home.

Making the repairs prior to the sale can significantly decrease the time on the market for your house, but it will also cost you money. It could possibly make you money once the dust settles.

Identify the types of repairs needed

To sell a house that is in need of repairs, you must first prepare for what to expect.  Most people will sell a vacant house as-is and avoid the entire process of repairing the home before selling it. However, others may prefer to take on the repairs themselves in order to pad their bottom line. In addition to educating yourself on repairs, you need to completely understand your motivation for having your home ready for sale by knowing what price point you can sell at prior to making repairs.

 

Before making any repairs, have an honest conversation with yourself about selling a property in less-than-perfect condition and what that actually looks like.

 

The buyers for a property in need of repairs may be local buyers who are paying cash for houses. This can make the sales process fast, easy, and worry-free. Putting a house on the market that is in need of repairs can mean the house sits for a longer period of time due to the condition of the home.

 

 

Minor Repairs

Minor repairs are small fixes that can be done in a day or two with the use of regular household tools. Some examples include:

 

  • Painting a room or bathroom
  • Replace doorknobs, hinges, door locks, etc.
  • Minor sheetrock or drywall repairs
  • Fix leaky faucets or toilets

These repairs are typically DIY in nature or can be completed by a local handyman.

 

Major Repairs

Major repairs are large fixes that are more complicated in nature. They take much more time, effort, and expertise to complete the repair(s). Some examples include:

 

  • Replace an entire heating or air conditioning system
  • Large plumbing issues
  • Adding a new kitchen
  • Making structural changes in the home (adding rooms, or removing walls)
  • Remodeling the bathroom
  • Roof replacement
  • Foundation repair
  • Upgrading the electric system
  • Exterior siding and/or window replacement

These repairs are best left to the professionals and should be delegated to licensed contractors. Renovating the kitchen and bathrooms typically gets you the most bang for your buck and will give you the greatest return on your money. Some repairs like the roof, foundation repairs, and electrical upgrades are required but yield little return on money spent.

Upgrades

Upgrades are things that you may want to consider adding before the sale such as:

 

  • Updating lighting fixtures and switches
  • Fencing or security system installation
  • Updating Appliances
  • Landscaping

These cosmetic changes can help increase your home’s asking price. It might also make your house stand out from the competition. These upgrades to your house before selling are valuable if the rest of the house is already in move-in-ready condition.

 

Get Estimates For The Repairs From Profesional Contractors

It is best to hire licensed contractors (for major repairs) or an experienced handyman (for minor repairs). You can get estimates from local professionals in order to estimate the cost of all necessary home repairs.

 

  • Get recommendations from people in your area who you know or trust.
  • Collect more than one bid. This is an important step you should not skip.
  • Don’t be solely driven by the price of the bid.

Look at the credentials of each contractor. Also, ask about the warranty that comes with the repair work. Many contractors offer a warranty that covers them for a year or more.

 

Be sure to shop around, comparing the bids with each other and being clear about what they include.

 

Ask them if they have a list of references from previous customers who were happy with the job they did. Request contact information for those references so you can call them.

 

Once you have identified a contractor you would like to work with if you complete the repairs, you now have to go through the list of repairs that may or may not be needed so you can come up with an exact scope of work and refine your budget.

 

Decide On Which Repairs Are Worth The Cost

Some repairs are considered “cosmetic” and are not worth the cost of construction or repair. For example, a door that sticks when you close it may only require the hinge to be tightened. Replacing the door is not needed in this scenario. There are numerous other examples of cosmetic repairs, so really think through what needs to be fixed so your budget doesn’t get out of hand.

 

According to remodeling in the Texas region, some repairs and updates are truly worth the money you put in while others, well, not so much.

 

Repair Costs/Values

  • Window Replacement: 59.7% of your costs will be recouped
  • Major Kitchen Remodel: 54.4% of your costs will be recouped
  • Bathroom Remodel: 54.4% of your costs will be recouped
  • Garage Door Replacement: 93.2% of your costs recouped.

Some of those numbers are surprising, to say the least. Make sure you are choosing your repairs and updates wisely in order to get the most out of your remodeling budget.

 

Is My House Worth Repairing?

Repairing your house can be costly, not to mention time-consuming. Before you get started on any repairs, you want to make sure that the value of your home will increase with the amount of money invested in it.

Factor in items besides just cost. There is the time requirement, the frustrations of a remodeling project as well as the risk that your design or aesthetic isn’t well-received by potential buyers. Taking all these factors into account will help you decide if remodeling or repairing the house is worth the cost and benefit.

Making The Repairs Prior To The Sale

Once you have made the decision to make the repairs to the house prior to selling the house, and you know exactly which repairs you are going to complete, you will want to keep a close eye on the quality of the repairs. If you are going to ask for top dollar for your home, buyers expect to see that quality work was done on the home.

 

Ensure your colors, design selection, and finish-out materials are in style and have a wide appeal so that you can attract as many potential buyers as possible.

 

Now is also a good time to consider finding a realtor who will help you list your house for sale.

 

Clearing Clutter Before Selling

When selling a home that has already been completely repaired and is move-in-ready, you will want to remove as many personal belongings as possible.

 

The less clutter, the bigger the impact. Homebuyers want to visualize themselves living in the home they are purchasing.

 

Although this may be difficult for some homeowners to do, you should remove as many personal items as possible before putting your house on the market.

 

Make A List Of Items To Sell Or Donate

Before you start packing, make a list of any items that need to be sold or donated. You may want to do this with your spouse so both parties will know what needs to be done and how long it will take. Garage sales can be helpful but time-consuming. Donating to the Salvation Army or Goodwill is also easy and helpful.

 

Rent A Storage Unit

If you have items that are large or you do not want to part with, consider renting a storage unit.

 

Once your house is sold, transport the items from the storage container to your new home.

 

This may be an extra charge for moving companies but having at least some of your personal belongings will be worth it in the end.

 

Hire A Staging Company

This might be an option if your budget allows it.

 

The goal of this option is to make your home look like a model showroom. However, this option can cost several thousands of dollars depending on the level of staging.

 

If You Decide Not To Make The Repairs…

 

Sell The House As-Is Without Making Repairs

You have decided you need to sell your house without making repairs. You may be wondering who will buy a house that is in disrepair, and how much less will it sell for. You might not even be sure if there are buyers out there willing to purchase a home that isn’t move-in ready. We will answer all questions related to how to sell your house as-is.

Can You Sell A House Without Fixing It Up?

It is possible to sell a home without making repairs. The house might not be in the best shape, but it will likely close escrow with enough buyers interested in purchasing it. For houses in need of substantial repair, you could be looking at contacting a local company that pays cash for houses.

 

Sell House Cash Buyer

What Is The Fastest Way To Sell A House That Needs Repairs?

When people are finally ready to get out of their house, they are usually in a hurry to make the sale happen. For homeowners who are trying to get rid of an old home but don’t have much money for repairs, the fastest way to sell a house is to contact a company that will buy your house as-is. These companies are more reliable than individual investors and they have the ability to close on your timeline so it can happen quickly.

How Much Do You Lose Selling A House As-Is?

If you own a house in need of repairs, the key question is how much money will you lose by selling it as-is?

 

The easy answer to this common question is that there are three things that make up your bottom line when selling a house: the sales price, closing costs (fees), and commissions.

 

#1. Sales Price – When you sell as-is to a home buying company, conventional wisdom says you will sell at a discount. However, this isn’t always the case. Depending on the repairs needed on the home, you might actually get more than market value for the as-is condition.

 

#2. Closing Costs or Fees – typically closing costs can be anywhere from 1.5-6% depending on the type of transaction you have. Depending on your sales price this can be a significant hit. Most people who buy houses professionally are willing to pay your closing costs as a part of the transaction.

 

#3. Commissions – When you are selling without making repairs, you have the opportunity to skip using a realtor. When you sell your house on your own, you can save a typical 6% on commissions. For a house selling for $200,000 that is a whopping $12,000!

 

So if your home needs repairs and you want to sell without making any of the needed repairs, you might actually walk away with an equally good deal.

 

Considering that according to remodel and the figures listed above you actually are unlikely to recoup all of the money spent remodeling your house yourself, you might actually come out ahead.

 

Finding A Cash House Buyer To Sell The House As-Is

Sell House As-Is For Cash

If you decide to sell your house to a company that buys houses, there are some best practices you can implement so that you have the best experience selling your house. Not all-cash buyers are the same and you want to make sure you work with the best buyer for your local area.

 

Follow these important steps when beginning to research who buys houses that need repairs in your area.

Get A Referral For A Homebuyer

The single most important thing you can do is get a referral. That’s because your referrals are the best source of information for which cash house buyer is best suited to buy your property in the condition it’s in. If you don’t know anyone who has worked with a cash home buyer, use Google, Yelp, or the BBB to find a reputable company that takes us to our next step..

 

Check Reviews For A Homebuying Company

Once you have a company in mind, check out their reviews. Google them and see what other people are saying about the company. Also, read through any online reviews such as Yelp or BBB to get an overall feel for how they handle customers.

 

Deal With A Reputable & Reliable Company That Is Local

When working with a company that buys houses, make sure to deal locally. Yes, there are companies that buy homes nationally but you don’t want to sell your house to someone who is hundreds of miles away because there could be complications later on in the process. Plus, do you really want to sell your home to a computer algorithm?

For more tips on how to find the best possible company to buy your house, we wrote an in-depth article on how to find the right cash buyer that covers all the steps.

Sell Your House As-Is For Cash And Move On Without Making Repairs

Selling a house doesn’t have to be complicated and expensive.

 

The process of selling a home may seem overwhelming, but it doesn’t have to be. We buy houses in their as-is condition at no cost to you. Our quick and easy process allows you to sell your house fast without any hassle or repairs.

 

If you’re looking for an easier way to get cash for your home, we can help! Since 2011, Capstone Homebuyers has been buying homes from owners just like you who want the most convenient option available when they need money fast. With our “No Hassle” approach, there are no fees or commissions charged by us; instead, we make offers based on the value of your property in its current state (as-is). Once you accept we close on your timeline at a price that’s guaranteed not to change! You don’t even pay closing costs when working with us!

10 Benefits of Selling Your House Fast For Cash

10 Benefits of Selling Your House Fast For Cash

Anyone who has a house to sell would love to sell their house fast and would love a cash offer. The truth is, it doesn’t always work like that. Most home buyers use loans to buy houses. And if we are being honest, a fast cash offer might not be right for all sellers.

 

If your house is in great shape and you aren’t in a big hurry to sell, a fast cash offer probably isn’t best for you. However, in some situations, a cash offer makes the most sense. When you can sell your house fast for cash and work with a professional, local home-buying company, there are some big-time benefits. This article covers 10 of the benefits of selling your house fast for cash.

 

Closing on Time is a Sure Thing

One of the benefits of selling your house to a professional, local home-buying company is that you are almost guaranteed to close on time. When buyers use loans to purchase your home, there are a lot of things that can go wrong and cause delays in closing. With a cash offer, there are very few things that can delay or derail the sale. So, if you need to close quickly, a fast cash offer is probably your best bet.

 

You Get To Negotiate With the Actual Buyer, No Middlemen

Another big benefit of selling your house fast for cash is that you get to negotiate directly with the actual buyer. When you sell your home the traditional way, there are a lot of middlemen involved. You have to deal with real estate agents, loan officers, home inspectors, and appraisers. And each one of these people wants to take their cut of the sale. When you work with a professional home-buying company, you bypass all of the middlemen. This saves you time and money and gives you more flexibility in negotiations.

 

Convenient Sale Process

The sale process is also much more convenient when you sell your house fast for cash. With a traditional sale, you have to do a lot of work to get your house ready to show potential buyers. You have to declutter, deep clean, make repairs, and stage your home. Showings can be disruptive, and they take time and effort to coordinate.

 

When you sell your house fast for cash, you don’t have to do any of that work. The home-buying company will buy your house as-is. So, you can save yourself a lot of time and hassle by selling your house fast for cash.

 

No Loan Complications or Contingencies

Another huge benefit of selling your house fast for cash is that you don’t have to worry about loan complications or contingencies. With a traditional sale, the buyer’s loan is often the biggest obstacle to a smooth and successful transaction. Loan officers can be very picky, and they often throw up roadblocks that delay or block the sale altogether.

 

With a cash offer, there are no loan complications or contingencies to worry about. The sale is much more likely to go smoothly, and you are much less likely to experience any delays or problems.

 

A Fast Sale in Just Days

When you sell your house fast for cash, you can often complete the sale in just a few days or weeks. The traditional home-selling process can take months. So, if you need to sell quickly, a fast cash offer from a reputable homebuyer is the way to go.

 

Another big benefit of selling your house fast for cash is that you will usually get a fair offer based on the market value of your home in its as-is condition without having to wait for appraisals to confirm or deny the value.

 

Only One Showing

When you sell your house fast for cash, you only have to do one showing. You don’t have to keep your house clean and clutter-free and show it to multiple buyers. You just have to do the one showing for the home-buying company, and they will make you an offer. It’s that simple.

 

No Complicated Fees or Commissions

Another great benefit of selling your house fast for cash is that there are no hidden fees or closing costs. When you work with a professional home-buying company, they will pay all of the necessary fees and closing costs. So, you can rest assured that you won’t be hit with any unexpected expenses at the last minute.

 

No Expensive Advertising or Online Listings

When you sell your house fast for cash, you don’t have to pay for expensive advertising or online listings. You also don’t have to worry about taking calls from interested buyers or coordinating showings. The home-buying company will take care of all of that for you. Which ultimately means less stress and worry.

 

Selling your house fast for cash can also be a lot less stressful and worrying than the traditional home-selling process. When you sell the traditional way, there are so many things that can go wrong. You have to worry about repairs, inspections, appraisals, loan complications, and buyers backing out at the last minute.

 

With a fast cash sale, you can choose your closing date and let the “we buy houses” company take care of the rest.

 

No Open Houses or Strangers In Your Home

Another big benefit of selling your house fast for cash is that you don’t have to deal with open houses or strangers walking through your home. With a traditional sale, you have to let strangers into your home on a regular basis. This can be very disruptive and even scary for some people.

 

With a cash offer from a reputable home-buying company, you only have to do one showing. And since the best homebuyers are vetted and licensed, you don’t have to worry about strangers coming into your home. The whole process is much more private and convenient.

 

You Don't Have To Make Repairs

Another great thing about selling your house fast for cash is that you don’t have to make any repairs. With a traditional sale, the buyer will usually insist on a home inspection. And if any problems are found, they will likely ask you to make the repairs before they move forward with the sale. This can be very costly and time-consuming.

 

However, when you sell your house fast for cash, the home-buying company will buy your home “as is.” So, you don’t have to worry about making any repairs. This can save you a lot of money and hassle.

 

Bonus: The Benefit of Selling Your House To Capstone Homebuyers

Capstone Homebuyers is a professional home-buying company that has been helping people sell their houses fast for cash for over 10 years. We are a family-owned and operated business, and we pride ourselves on our integrity, compassion, and customer service.

 

We understand that life can be unpredictable and sometimes selling your house fast for cash is the best option. Whether you’re going through a divorce or foreclosure, or just need to sell quickly for any other reason, we can help.

 

We offer fair cash offers and close on homes in as little as 7 days. So, if you need to sell quickly, give us a call or fill out the form on this page. We’re here to help!

 

7 Tips For Selling Your House and 3 You Must Avoid

7 Tips For Selling Your House and 3 You Must Avoid (Plus A Bonus!)

Making The Right Decisions To Sell Your House Faster

You may find yourself asking how to sell your house fast. This is a common question for many homeowners who find themselves in a variety of situations. Some people are relocating for work, some need the cash to pay off debts, and others simply want to move on from their current home. No matter what your reason is for wanting to sell quickly, there are certain things you can do to make it happen.

 

Here are 7 tips for selling your house fast:

 

#1. Know The Costs of an Agent

The first step is to be realistic about the costs of working with a real estate agent. You will have to pay their commission, which is typically 3-6% of the home’s final sale price. In addition, you will also need to pay for things like marketing, appraisals, and home inspections. If you are trying to sell your house fast, you may want to consider selling it without an agent. This will save you money on commissions and fees, but it will also mean that you will have to do more work yourself.

 

#2. Set The Right Price

You should start by finding out how much your home is worth. This can be done by getting a professional appraisal or by comparing your home to others that have sold. It can get tricky if the house needs repairs. Then you have to price the house factoring in the repairs that are needed.

 

#3. Know the Cost of Repairs

If you need to do repairs, get quotes from contractors so you know how much it will cost. This can help you determine if it is worth doing the repairs yourself or if you should sell the house as-is. Be realistic about the repairs and make sure you focus on the areas that will give you the most bang for your buck.

 

#4. Budget For the Cost Of Staging

If you want to sell your house fast, you should consider staging it. This can make a big difference in how quickly your home sells. It is important to budget for the cost of staging, which can range from a few hundred to a few thousand dollars.

 

#5. Market Your House to the Right Buyers

Once you have priced your home and made any necessary repairs, it is time to start marketing your house. This can be done by listing it online, in newspapers, or with a real estate agent. You should also make sure that you are targeting the right buyers. Attracting a cash offer is always preferable.

 

#6. Selling Your House On Your Own Is Always An Option

Selling your house on your own is always an option. This will save you money on commissions and fees, but it could mean that you have to do more work. You will be responsible for marketing, showings, and negotiating the final sale price. If you work with a professional home buyer, they will actually simplify the process, make the sale easy for you and give you a cash offer at the same time.

 

#7. Sell To A Local We Buy Houses Company

If you want to sell your house fast, another option is to sell it to a local “We Buy Houses” company. These companies are investors who specialize in buying houses quickly. They will make you a cash offer and close on the sale in a matter of days. This is a great option if you need to sell quickly and don’t want to make repairs. Working with a local company that specializes in helping sellers.

 

#8 Bonus! Understand Why Cash is King

When you are selling your house, it is important to understand why cash is king. Cash buyers are usually investors who have the money available to buy your house outright. This means that they can close on the sale much more quickly than a traditional buyer. If you need to sell your house fast, working with a cash buyer is always the best option.

 

What To Avoid To Sell Your House Fast

There are also a few things that you should avoid if you want to sell your house fast.

 

1. Don't Overprice Your House

If you price your house too high, it will sit on the market and eventually become “stale”. This means that buyers will be less likely to make an offer, even if you do eventually lower the price. It is always better to start with a fair and reasonable price so that your home will sell quickly.

 

2. Don't Ignore The Competition

When you are selling your house, it is important to be aware of the competition. There are other houses on the market that are similar to yours and buyers will be comparing them. If your house is overpriced buyers will gravitate toward your competition.

 

3. Avoid Selling During The Holidays

The holidays are generally not a good time to sell your house. Buyers are busy with family and other commitments and may not have the time to look at homes. In addition, many people are hesitant to make a big purchase during this time of year. If you can wait to sell until after the holidays, you will likely have more success.

 

San Antonio Home Owners Choose To Sell To Capstone Homebuyers

If you want to sell your house fast in San Antonio, the best option is to work with Capstone Homebuyers. We are a local company that specializes in helping sellers. We will make you a cash offer and close on the sale in as little as 7 days. We can also help you if you are facing foreclosure or if you need to sell your house for any other reason. Contact us today to learn more about how we can help you!

Reasons Why Selling To A Local Cash Homebuyer Might Be Right For You

Reasons Why Selling To A Local Cash Homebuyer Might Be Right For You

Selling your house can be time-consuming and stressful no matter how you go about selling. With a realtor, you have someone helping you through the process but there is still so much uncertainty. Plus, a real estate agent isn’t the one who is buying your house so they don’t have skin in the game.

 

Selling your house to a local cash homebuyer might be right for you for many reasons. We are going to cover what some of those reasons might be and why a cash offer is a great way to sell.

 

Why A Local Cash Buyer

When you sell to a local cash homebuyer, you get the benefit of working with real people from your community. A local buyer can often pay more because they know the nuances of the areas within the city and have the ability to be more flexible.

 

When you sell your house to an online iBuyer, you lose the ability to have a personal connection to the company you are selling to, you run the risk of having a computer-generated offer miss the mark for your particular house, and there is the uncertainty of not being sure who is behind the corporate veil. These reasons mean that a local buyer is often the better choice.

 

So when should you contact a local homebuying company?

 

Selling Because You Don't Want To Make Repairs

This is a common reason to sell your house to a cash buyer. If you don’t want to make repairs, or can’t afford to make repairs, then it might be time to consider selling your house as-is.

 

Making repairs can be expensive and often not worth the investment if you are trying to sell your house quickly or for top dollar. When you sell your house as-is, the homebuying company will account for the necessary repairs in their offer.

 

Selling In Order To Relocate Quickly

When you need to move for a job or other personal reasons, you often have a timeline that you need to meet. Selling your house on the market with a real estate agent doesn’t always fit that timeline. An agent will need time to list the house, show the house, and then find a buyer who is qualified and wants to buy your particular house.

 

This process can often take months which might not be feasible if you have already relocated or have to move by a certain date. A local cash house buyer can move quickly and will close on your timeline.

 

Selling Because The House is in A Bad Neighborhood

The location of your house can make it hard to sell even if the house itself is in good condition. If you live in a bad neighborhood or an area that is going through a period of transition, it can be difficult to find a buyer who is willing to take on the challenges that come with those types of areas.

 

When you work with a local homebuying company, they are familiar with these types of neighborhoods and have the experience to know how to deal with them. This means that you are more likely to get a fair offer for your house and won’t have to wait months or years to find the right buyer.

 

You Want To Save Money By Not Paying Commissions

Real estate agents typically charge a commission that is a percentage of the final sale price of your house. This can be a significant amount of money, especially if your house sells for a high price.

 

When you sell to a company that buys houses, you don’t have to pay any commissions or closing costs which means that you get to keep more of the money from the sale of your house.

 

Selling to Avoid Foreclosure

If you are in danger of foreclosure, it is important to act quickly. Selling your house to a professional property buyer can help you avoid foreclosure and the damage it does to your credit score.

 

When you sell your house to a cash buyer, you can often get the money from the sale in as little as seven days. This means that you can use that money to pay off your mortgage and avoid foreclosure. Often, a “we buy houses” company can discuss options to halt the foreclosure immediately.

 

You Want A Guaranteed Closing Date

When you list your house on the market with a real estate agent, there is no guarantee that your house will sell. Even if you do find a buyer, there is no guarantee that they will be able to get financing or that the deal won’t fall through for some other reason.

 

When you sell your house to a company that buys houses, you are guaranteed a closing date. This means that you can move on with your life without having to worry about whether or not the sale of your house will actually go through.

 

You Can Sell Your House Fast

One of the biggest advantages of selling your house to people that buy houses professionally is that you can sell your house fast. Often, these companies can close on your house in as little as seven days. This means that you don’t have to wait months to sell your house.

 

If you are facing a situation where you need to sell your house quickly, working with a reputable cash buyer is often the best option. You can get the money from the sale of your house and move on with your life without having to worry about repairs, commissions, or finding the right buyer and waiting for them to get a loan.

 

You Value Convenience and Customer Service

When you work with a legitimate local house buyer, you are working with a team of professionals who are dedicated to making the process as easy and convenient for you as possible. These companies often have a staff of customer service representatives who can answer any questions you have and help you through the process.

 

In addition, these companies will often take care of all of the paperwork and repairs that need to be made before closing on the house. This means that you don’t have to worry about anything except getting your money from the sale of your house.

 

You Want To Sell Your House As-Is Without Inspection Negotiations

One of the biggest hassles of selling a house is dealing with inspection negotiations. Often, buyers will request that repairs be made to the house before they are willing to close on the deal. This can be a time-consuming and expensive process.

 

When you sell your house to a company that buys houses as-is, you don’t have to worry about inspection negotiations. These companies will buy your house regardless of the condition it is in. This means that you don’t have to make any repairs or even clean out your house before you sell it.

 

You Don't Want To Have Multiple Showings

Another big advantage of selling your house to a cash house-buying company is that you don’t have to deal with multiple showings. When you list your house on the market, you will often have strangers coming into your house at all hours of the day and night. This can be disruptive and inconvenient.

 

When you sell your house to a cash for houses buyer, you only have to deal with one showing. The buyer will come to look at the house and if they are interested, they will make an offer. You don’t have to worry about having strangers in your house or trying to keep it clean for showings.

 

You Want to Avoid Trying to Sell During the Holidays

The holidays are a difficult time to try to sell a house. Often, people are too busy with family and travel to worry about looking for a new house. In addition, many people receive their end-of-year bonus around the holidays and don’t want to use it to buy a house.

 

If you try to sell your house during the holidays, you may find yourself waiting months for a buyer. However, if you sell your house to a cash buyer, you can often close on the deal before the holidays even start. This means that you can avoid the stress of trying to sell during the busiest time of the year.

 

Sell Your House to Capstone Homebuyers in San Antonio

If you are looking to sell your house fast in San Antonio, Capstone Homebuyers can help. We are a local company that buys houses as-is for cash.

 

This means that you can sell your house fast, without having to make any repairs or even clean it out. In addition, we take care of all of the paperwork and closing costs so you don’t have to worry about anything except getting your money from the sale of your house.

 

If you are interested in learning more about selling your house to Capstone Homebuyers, contact us today. We would be happy to answer any questions you have and give you a no-obligation cash offer for your house.

You Inherited A House But Don’t Know What to Do: Here Are Your Options

You Inherited A House But Don't Know What to Do: Here Are Your Options

If you’ve recently inherited a house, you may be wondering what your options are. You have several options at your disposal which can make deciding what to do with your inherited house a difficult decision.

 

Before you do anything with the house, you need to make sure you take the proper steps to establish your ownership. Additionally, you will want to make sure you get insurance to sufficiently cover the house. If the home will be vacant, make sure you let the insurance company know because they treat vacant houses a little differently. Once this is done, then you can review your options, like selling the house for cash and moving on.  Weigh the pros and cons and then choose the option that best fits you and your situation.

Probate The Will For Your Inherited House

The first step you need to take is to probate the will. This will give you legal ownership of the property and allow you to take the next steps with what you want to do with it. You may want to consult with an attorney to help you with this process as there may be some complexities involved, especially if the estate is large or there is a dispute over the will.

 

If the inheritance is strictly the house, you may be able to skip the probate and use the inheritance laws in Texas to establish your ownership without the time and costs associated with probating the will.

 

Once you have established your ownership of the inherited house, then you can take the next steps.

 

Determine if the Inherited House Needs Repairs

The condition of the inherited house will play a role in what you can do with it. If the house is in good condition and does not need any repairs, then you have more options available to you. However, if the house needs repairs, this may limit your options and what you can do with the property.

 

If the property needs repairs and you don’t have the money to make those repairs, then selling the property may be your best option. You can sell the property “as is” and let the new owner deal with making any necessary repairs.

 

Your Options For Your Inherited House

#1 Refinance the Inherited Property and Move-In

If you’ve inherited a house that is in good condition and you’d like to move in, then your best option may be to refinance the property. You’ll need to get an appraisal of the property to determine the value and make sure there is enough equity to refinance.

 

You may be able to take advantage of the low mortgage rates available and get a lower monthly payment than you are currently paying. This can free up some extra money each month which can come in handy, especially if you are inheriting other debts along with the house.

 

If you have good credit, you may even be able to do a cash-out refinance on the inherited property and use some of that money for upgrades or other personal projects.

 

#2 Renovate the House and Sell For Top Dollar

If the house needs some repairs, you may want to consider renovating it and then selling it for top dollar. This can be a great way to get more money out of the sale of the property and use that money to help with your other financial obligations.

 

Of course, you’ll need to factor in the cost of renovations as well as the time it will take to complete those renovations. You don’t want to end up spending more on renovations than you will ultimately make from the sale of the property.

 

If you are handy and can do some of the work yourself, this can help keep costs down. However, even if you hire contractors to do the work, there is still the opportunity to turn a profit.

 

Make sure to budget for things like closings costs and Realtor fees unless you plan on selling your house without a Realtor.

 

#3 Rent the Property Out

If you don’t need the money from the sale of the property right away or you want to keep the property as an investment, then renting it out may be a good option. This can provide you with a steady income each month and can help offset some of your other financial obligations.

 

Of course, being a landlord comes with its own set of responsibilities. You’ll need to find good tenants, collect rent, and deal with any maintenance or repair issues that come up. If you’re not prepared to handle these responsibilities, then this may not be the best option for you.

 

#4 Sell the House With Owner Financing

If you need to sell the inherited property quickly and you value a monthly income stream, then selling it with owner financing may be the best option. This means that you will essentially act as the bank and provide financing for the buyer.

 

The downside is that you will be responsible for making sure the buyer makes their payments each month and if they default on the loan, it will be up to you to evict them from the property.

 

#5 Donate the Property to Charity

If you’re not interested in selling the property or dealing with any repairs that need to be made, then you may want to consider donating the property to charity. This can provide you with a tax deduction and can help you get rid of the property without having to go through the hassle of selling it.

 

Of course, you’ll want to make sure that you donate the property to a qualified charitable organization in order to take advantage of the tax deduction. You’ll also want to get an appraisal of the property so that you can determine the value of the donation.

 

#6 Sell the Inherited House As-Is For Cash

If you need to sell the house quickly and don’t want to deal with making any repairs, then selling the property as-is for cash may be your best option.

 

Selling as-is for cash can be a good option if you’re looking for a fast and easy sale. You also won’t have to worry about evicting tenants or dealing with any other responsibilities that come with being a landlord.

 

These are just a few of the options available to you when you inherit a house. Be sure to consider all of your options. If you have a house in San Antonio, consider contacting Capstone Homebuyers. We can cover all of your options and help you if you would like to sell your inherited house. We can help with the probate or heirship process and will handle all of the paperwork. Contact us for more information!

 

Selling Your Inherited House Fast

Dealing with an inherited house can be tough. You don’t know what to do with it and you don’t want to spend the time or money on repairs.

 

Selling your inherited house doesn’t have to be stressful. Capstone Homebuyers will take care of everything for you- from repairs to paperwork. We pay all cash, so you won’t have any headaches waiting for a check in the mail.

 

Contact Capstone Homebuyers if you’re looking for a fast, easy sale of your inherited property

 

Foreclosure Vs Short Sale: What To Know Before It’s Too Late

Foreclosure Vs Short Sale: What To Know Before It's Too Late

If you have been missing payments and have fallen behind on your mortgage, you may be wondering what your options you have to avoid foreclosure. This article will compare a foreclosure vs a short sale, how they are different and what the ramifications are for the homeowner.

 

We will also cover the other options besides a short sale to avoid foreclosure.

 

What Is A Home Foreclosure?

A foreclosure is when your lender repossesses your home because you have defaulted on your loan. This usually happens after several missed mortgage payments, and the lender will initiate a legal proceeding called foreclosure.

 

The foreclosure process can take months or even years to complete, during which time you will be required to maintain the property and pay any outstanding taxes and insurance. Once the foreclosure is finalized, you will be evicted from the property and will no longer own it. The foreclosure will also stay on your credit report for up to seven years, making it difficult to buy another home or get new lines of credit.

 

What is A Short Sale?

A short sale is when you sell your home for less than the amount you owe on your mortgage. This is usually only an option if you are facing foreclosure, as most lenders will not agree to a short sale unless they are about to foreclose on the property.

 

Short sales take a lot of time, require patience and persistence, and can be complicated depending on the lender.

 

A short sale can damage your credit score, but not as much as a foreclosure. Additionally, a short sale will stay on your credit report for up to seven years.

 

What is the Downside Of A Shortsale?

The biggest downside of a short sale is that you will still owe the difference between what you owe on your mortgage and the amount the home sold for. This is called a deficiency judgment, and the lender can pursue you for this money through a lawsuit. Additionally, the IRS may treat the forgiven debt as income, so you may owe taxes on the forgiven debt.

 

Secondly, a short sale will still damage your credit. Many people think that because they are avoiding foreclosure by using a short sale, their credit won’t be damaged however, this is not the case.

 

Also, a short sale is very time-consuming. During this time, your payments are still due, you are still accruing late fees, and there is always the chance that the lender will reject the short sale proposal and move forward with foreclosure.

 

How Does A Short Sale Work?

A short sale occurs when the lender agrees to let you sell your home for less than what is owed on the mortgage. For example, if you owe $200,000 on your mortgage and your home is only worth $160,000, you may be able to do a short sale.

 

In order to get approved for a short sale, you will need to provide the lender with documentation that proves you have a hardship and are unable to make your payments. This could be due to job loss, medical bills, divorce, or any other financial hardship.

 

Typically, there have to be other factors at play beyond just a hardship. You have to demonstrate that the property is truly worth less than the mortgage amount. This is normally done by proving that the property is in need of significant repairs.

 

Once the lender approves the short sale, they will set a date for the closing. At closing, you will sign over the deed of the property.

 

Short Sale vs. Foreclosure and What's the Difference?

The main difference between a foreclosure and a short sale is that with a foreclosure, the lender takes back the property and sells it at auction. With a short sale, you sell the property and the lender agrees to accept less than what is owed on the mortgage.

 

A foreclosure will damage your credit more than a short sale and will stay on your credit report for up to seven years. A short sale will also damage your credit but not as much as a foreclosure, and it will stay on your credit report for up to seven years.

 

Another key difference is that with a foreclosure, you will still owe the deficiency judgment to the lender. With a short sale, you may still owe taxes on the forgiven portion of the loan.

 

Options For Avoiding Both Short Sale and Foreclosure

If you are facing foreclosure, there are a few options you can pursue to avoid having to do a short sale and possibly even some options to prevent a foreclosure at the last minute.

Loan Modification

A loan modification is when the lender agrees to change the terms of your loan to make it more affordable. This could involve extending the term of the loan, reducing the interest rate, or changing the type of loan.

 

Bankruptcy

Filing for bankruptcy will stop the foreclosure process. There are two types of bankruptcies that can help if you are facing foreclosure: Chapter 7 and Chapter 13.

 

Chapter 7 bankruptcy will eliminate most, if not all, of your debts. However, you may have to give up some of your assets, including your home.

 

Chapter 13 bankruptcy will allow you to keep your assets, but you will have to repay your debts over time. This repayment plan will last for three to five years. During this time, the foreclosure process will be put on hold.

 

Deed in Lieu of Foreclosure

A deed in lieu of foreclosure is when you give the property back to the bank in exchange for them forgiving the debt. This option is often used as a last resort because it will still damage your credit.

 

Sell Your House to an Investor

Selling your house to an investor is a great option if you are facing foreclosure. An investor will buy your house as-is for cash, so you don’t have to worry about making any repairs. Plus, you can close on the sale in as little as seven days.

 

Selling Your House and Getting Cash From Capstone Homebuyers

Of all the options, selling your home to an investor is usually the best choice. This is because you will be able to sell your house quickly, without having to go through the months-long process of a short sale or foreclosure.

 

You also won’t have to worry about owing any money after the sale, as you would with a short sale, and you won’t have to deal with the damage to your credit that comes with foreclosure.

 

Additionally, when you sell your home to an investor like Capstone Homebuyers, you can get cash for your house. This can be helpful if you are facing other financial hardships in addition to your mortgage payments.

 

If you are facing foreclosure and aren’t sure of your options even if you recently inherited the house with back payments, give us a call to see how we can help!

 

Preparing To Sell Your House Without A Realtor: What You Need

Peparing To Sell Your House Without A Realtor: What You Need

When you decide to sell your house, there are many options and factors to consider when deciding on exactly how you will sell. Selling your house without a real estate agent is something that can be done and isn’t always as difficult as many might think. However, if you decide to sell without using a realtor, you should take the proper steps to prepare your house and yourself for what’s to come. We will discuss how you can get ready for selling without the help of a realtor.

 

What Should Homeowners Do to Prepare to Sell Their Home?

If you’re like most homeowners, your home is probably your biggest investment. So, when it comes time to sell, you want to get the most return on your investment that you can.  You probably already realizes all of the advantages of selling your house without an agent.  But how do you do that?

 

The following tips will help you prepare your home for sale without using a realtor:

 

#1. Make Sure You Do Your Market Research

Before you even think about putting your home on the market, it’s important to do your research and find out what similar homes in your area have recently sold for. This will give you a good idea of what price range to list your home in. Familiarize yourself with online real estate tools to understand your local market conditions.

 

#2. Prepare Your House Inside and Out

Once you’ve decided on a price range, it’s time to start getting your house ready for sale. This means making any necessary repairs and doing a deep clean of the entire house. Don’t forget the outside! First impressions matter, so make sure your home’s curb appeal is up to par.

 

#3. Devise an Advertising Strategy

Now that your house is in tip-top shape, it’s time to start advertising. Create a sign to put in your yard and make sure to list your home on online real estate listings. You may even want to hold an open house!

 

#4. Be Willing to Conduct Showings at Any Time

Since you’re selling your house without the help of a realtor, you’ll need to be available to show your home to potential buyers on their schedule. This means being flexible with your showing times and being available at short notice.

 

#5. Hone Your Negotiation Skills

Since you’re selling your house without the help of a realtor, you’ll also be responsible for negotiating the sale with buyers. This can be tricky, so it’s important to brush up on your negotiation skills before entering into any dealings with potential buyers.

 

Do You Need A Lawyer To Sell Your House Without A Realtor?

No. Especially not in Texas where Title Companies facilitate real estate transactions. You do however need to know about some basic requirements when selling a house on your own without a realtor.

 

Make Sure You Understand the Contract

If you’re selling your house without the help of a realtor, it’s important that you understand the contract you’ll be using. The Texas Association of Realtors has a standard contract for the sale of real estate that’s used by most realtors in the state. This contract covers all the basics of a real estate transaction for a single-family home with 1-4 units. You can review what that looks like here.

 

Consider Conducting An Inspection and Giving it to Your Buyer

While not required, it may be in your best interest to conduct an inspection of your home and provide that information to your buyer. This will let the buyer know exactly what they’re getting and could help avoid any surprises down the road. Plus, it shows that you’re being upfront and transparent about the condition of your home.

 

Understand Disclosure and Make Sure You Disclose

Under Texas law, sellers are required to disclose certain information about their home to potential buyers. This includes any known defects or problems with the property. You can find a list of what needs to be disclosed with the Texas Real Estate Commission.

Choose Your Title Company Ahead of Time

While you’re not required to use a realtor, you will need to use a title company when selling your home. A title company will help facilitate the transaction and make sure all the paperwork is in order. They’ll also take care of the funds from the sale and make sure they’re disbursed correctly. Choose a reputable title company with good reviews and good customer service because you and the buyer will be interacting with them frequently during the transaction.

 

Understand a Temporary Leaseback and Use it if Necessary

A temporary leaseback is when the seller of a property agrees to lease the property back from the buyer for a set period of time. This can be helpful if you need more time to move out of your home or if the buyer needs more time to get financing in place. Make sure you understand all the terms of a leaseback so that you can use it properly.

 

Third-Party Financing Addendum

If the buyer of your home is going to need a loan to purchase the property, you’ll need to sign a third-party financing addendum. This addendum sets out the terms and requirements of the loan so that the seller and buyer understand the timing of the loan and what is required of the buyer and lender.

 

Know Your Settlement Statement

The settlement statement is the document that itemizes all the closing costs for the buyer and seller. This includes things like real estate commissions, loan fees, title insurance, and escrow fees. Make sure you understand all the charges on the settlement statement so there are no surprises at closing.

Selling Your House To Avoid Commission

Following the tips mentioned in this article can help you avoid paying commissions by selling your house without a realtor. As you can see, it can be done if you take the proper steps to prepare and understand the process, what to know ahead of time, and how to protect yourself from any future liability. If you want all the benefits of selling without a realtor but don’t want to worry about taking all the steps needed, there is an easier way.

 

You can sell your house to a direct cash buyer. These professional buyers will handle all of the paperwork and make your job as a seller very easy. If you have a house in San Antonio and would like to explore this option, Capstone Homebuyers is a local, family-owned house buying company that has earned a reputation in San Antonio as fast, fair, and reliable.

 

Consider giving Capstone Homebuyers a call or filling out our form today!