Signs You’re Living in the Wrong House and What You Should Do About It

Colby Hager on October 18, 2022

Signs You're Living in the Wrong House and What You Should Do About It

Living in the wrong house does happen. There are signs that you may not realize are indicating that you actually may be living in the wrong house for you. Once you begin to realize that your house is turning into an unwanted house, you will want to take steps to fix the issue. Find out what signs to look for that indicate you may be living in the wrong house and what to do about it if you are living in an unwanted house.

What Does It Mean To Live in the Wrong House?

There are a few different ways to look at living in the wrong house. It could simply mean that you do not like your house anymore and are considering moving. If you have owned your house for several years, it is normal to get tired of it and start longing for something new.

On the other hand, living in the wrong could indicate problems that you are having that are issues surrounding your house wihtout it being the house itself. These could be space issues, financial issues, or neighborhood issues. We are going to cover all the common reasons a house can become unwanted.

How To Know If You're Living in the Wrong House?

The first step is to take a close look at your life and see if there are any areas that are causing you stress or unhappiness. If you are starting to dread coming home, it is definitely a sign that something is wrong. Other signs include feeling suffocated, feeling like you never have privacy, or not having enough storage and other issues. Below are some of the most common we see.

You Have Buyers Remorse

This is a big one. You may have been thrilled with your house when you first bought it, but now that some time has passed, you are not so sure. This is normal and can happen for a variety of reasons. Maybe you didn’t take the time to really think about what you wanted and rushed into buying the house or there were remodeling items you meant to do but haven’t gotten around to yet.

The Home Doesn't Fit Your Budget

Another common reason people start to dislike their homes is because they can no longer afford it. This could be because you took on too much house when you first bought it and your financial situation has changed or because the housing market in your area has declined. Whatever the reason, if you are struggling to make ends meet, it can definitely be a deciding factor in determining if you are in the right or wrong house.

You Have Issues With Your Neighborhood

If you are not happy with your neighbors or the area around your house, it can make coming home a real drag. Maybe the kids in the neighborhood are always causing trouble or maybe it is just too noisy for your liking. A high crime rate or recent neighborhood break-ins can cause you to have issues with your neighborhood. If you find yourself constantly avoiding your own home, it may be time to start looking for a new place.

Constant Maintenance Issues

If your home is always in need of repairs, it can be a real pain. If you feel like you are constantly spending money on maintenance and it’s draining you financially and emotionally, it may be time to consider finding a new place to live.

Structural Issues

If your home is starting to show signs of wear and tear, it may be time for an upgrade. If you are constantly having issues with things like mold, leaks, or pests, it can make life very difficult. Not to mention, it can also be dangerous to live in a house that is not up to code. If you are noticing cracks in your walls and there might be foundation issues, you may want to sell before it becomes a major problem.

The House is Too Big and You Need to Downsize

If your children have all moved out and you are now living in a house that is too big, it can be very difficult to maintain. Not only is it expensive to keep up a large home, but it can also be quite lonely. If you find yourself struggling to take care of a big house, it may be time to consider that you live in the wrong house.

You've Outgrown the House

As your family grows, your needs change. If you find yourself constantly bumping into things and tripping over toys, it may be time to start looking for a bigger house. Maybe you need an extra bedroom or some more storage space. Whatever the case may be, if your home is no longer meeting your needs, it could be time to move on.

Bad Memories in the House

If you have recently gone through a divorce or had another major life event, it can be hard to move on when you are living in the same house. If every time you walk in the door, all you can think about are the bad memories, it may be time for a change. Sometimes, all you need is a fresh start and moving to a new house can give you that.

You Inherited the House

If you have inherited a house from a family member, it can be hard to feel like it is truly your home. If you don’t have any sentimental attachment to the house, it may be easier for you to move on. Sometimes, it is best to sell the house and use the proceeds towards upgrading your own home.

Why Waiting To Sell Can Cost You

If you are unsure whether you should sell your house, it is essential to remember that the longer you wait, the more it will cost you. Not only will you have to continue paying for mortgage payments, insurance, and taxes, but you will also have to pay for maintenance and repairs. If you are struggling with your decision or making the final move, consider some of the costs listed below associated with keeping an unwanted house for too long.

Increased Property Taxes

The longer you own your home, the more your property taxes will increase. This is because your home will be reassessed at a higher value which will result in a higher tax bill. If you are struggling to keep up with the payments, it may be time for you to sell. Plus, taxes owed are calculated daily so each day will lead to an increased pro-rated tax bill when you sell.

Increasing Interest Rates

If you are waiting to sell your home because you think interest rates may go down, you could be costing yourself a lot of money. Not only will you have to continue making mortgage payments, but your buyers’ interest rate will increase the longer you wait which decreases their buying power.

Buyer Interest Decreasing

The more interest rates rise and the more available inventory there is on the market, buyer interest is decreasing. There is less competition among buyers, and many are deciding to sit on the sidelines to see what happens with interest rates and the real estate market overall.

Insurance and Utility Costs

If you are not living in your house, you will still be responsible for paying the insurance and utility bills. If you have already moved out, these bills can become quite expensive. In some cases, it might be cheaper to sell your house and rent an apartment until you find your forever home.

Maintenance Costs

If you are not living in your house, you will still be responsible for any repairs and maintenance that needs to be done. This can become very expensive, especially if something major needs to be fixed. If you have already moved out, these costs can really add up. Generally speaking, if a house is sitting empty, it is more prone to needed maintenance.

Mortgage Payments

If you are not living in your house, you will still be responsible for making mortgage payments. This may seem like an obvious cost but you have to factor it in with all of the other costs that begin to add up.

Vacant House Issues

If you have already moved out and your house is sitting vacant, you may start to experience some issues. Your insurance company may drop you or raise your rates because they consider your house to be high-risk. Additionally, vandals may target your home and you could end up with a broken window or two.

Selling Your Unwanted House Fast For Cash to Capstone Homebuyers

If you are ready to get rid of your unwanted house, Capstone Homebuyers can help. We are a cash buyer and we can close on your home fast- often within 7 days. Plus, we will take care of all of the repairs and maintenance that needs to be done so you don’t have to worry about it. Give us a call today or fill out our form for a no-obligation offer on your home.

How to Sell Your House For Cash and Get the Best Offer

Colby Hager on October 17, 2022

How to Sell Your House For Cash and Get the Best Offer

If you want to know how to sell your house for cash and get the best offer, there are certain steps you can follow and certain things you will want to avoid. You will want to take steps to prepare yourself and your house so that you can get a cash offer for your house without sacrificing the sales price in the process. You want to work with reputable people along the way. Keep reading for our tips on how to sell your house fast for cash and get the best offer possible!

Can You Sell For Cash and Get A Fair Offer?

Yes, you can sell your house for cash and still get a fair offer. When you do your due diligence about your property and take the right steps to find the right cash buyer, you absolutely can get a fair offer. Often, when you find the right cash buyer, you can get a really great cash offer. Too often, people think that just because their house needs some repairs, they have to sell their house for dirt cheap. That just isn’t the case when you take the time to work with a local, cash house buying company.

Can You Sell For Cash if You Use A Realtor?

Yes, there is a chance you can sell your house for cash if you use a realtor. Typically when a house gets listed for sale on the market with a realtor, the house is primarily viewed as a house for an owner-occupant. Most investors are conditioned not to look for investments on the MLS. Most owner-occupant buyers do not purchase houses with all cash but occasionally, it does happen.

If you have a house that needs repairs or for any reason is better suited for a cash house buying investor, but you decide to use a realtor, make sure you get a couple of independent offers as well. We have seen real estate agents try to take advantage of the situation and “pocket list” a house to friendly investors who often offer lower prices in exchange for a kick back. You want to make sure this doesn’t happen to you.

Finding the Right Cash Buyer

Selling your house for cash is all about finding the right cash buyer for you and your situation. There are a few things you can do to attract the right type of cash buyer.

Don't Be Too Emotional About The Transaction

When you are too emotional about the sale of your house, it can be difficult to make logical decisions. As we all know, when it comes to business deals, logic should always win out. When you are able to look at the situation rationally, you will be able to make better decisions and get a better outcome

Know Your Neighborhood and Competition

You should be intimately familiar with your neighborhood and the competition. Not only will this help you when it comes time to market your house but also, if you are approached by a cash buyer with an offer, you will know if the offer is fair.

Be Objective About Your Property

When you are trying to sell your house for cash, it is important that you be as objective as possible about your property. This means being honest about the condition of your property, both good and bad. It also means being realistic about what your house is worth in today’s market.

Price The House Appropriately

If you want to sell your house for cash, you need to price it appropriately. This means pricing the house at a fair market value. It is important to remember that just because you need to sell your house quickly, does not mean that you have to give it away. There are plenty of investors out there who are willing to pay top dollar for their next investment.

Mistakes To Avoid When Looking to Sell For Cash

There are lots of people out there acting like they are cash house buyers when really they aren’t. Many of these people who are calling you all the time on the phone or putting their phone number on a sign on the side of the road are simply middlemen out to make a quick buck. Otherwise known as wholesalers, these people are just in between you and the actual cash buyer and are hoping to make a transaction fee. They are unnecessary and should be avoided in most cases. There are some other mistakes to avoid as well.

Failing To Prepare the House

When you are trying to sell your house for cash, it is important that you take the time to prepare the house for sale. This means repairing any damage and making any necessary updates. It is also important to stage the house in a way that will appeal to buyers. Remember, first impressions are everything.

Forgetting the Costs of Selling The Property

There are a lot of costs associated with selling your house for cash. These include things like real estate commissions, closing costs, and transfer taxes. It is important to factor these costs into your asking price so that you don’t end up losing money on the deal.

Overpricing the House

Many people who are looking to sell their house for cash make the mistake of overpricing their property. When you do this, you are only shooting yourself in the foot. Not only will it take longer to find a buyer willing to pay your asking price but, in many cases, you will end up having to sell the house at an even steeper discount than you would have if you had priced the house appropriately in the beginning.

Working With the Wrong Real Estate Agent or Home Buyer

When you are looking to sell your house for cash, it is important that you work with the right people. This means finding a reputable and experienced home buyer who is willing to pay you a fair price for your property.

Choosing the wrong homebuyer can create quite a problem. The most common issue you will likely face if you accidentally choose the wrong buyer is that they could back out of the transaction at the last minute or try to significantly lower the price right before closing.

Questions To Ask A Homebuyer

Are You the Direct Buyer?

As we mentioned before, many times, the person who contacts you about buying your property is not the actual buyer. Instead, they are a wholesaler or middleman who is hoping to make a quick buck off of your situation. In most cases, it is best to avoid these types of people and work directly with the buyer.

Do You Have Reviews or Testimonials I Can Look at?

It is always a good idea to do your research before doing business with anyone, especially when it comes to selling your house for cash. One way to do this is to ask the home buyer for reviews or testimonials from past clients. This will give you a good idea of what kind of service and experience you can expect.

Will You Close On Time?

When you are selling your house for cash, one of the most important things to consider is whether or not the home buyer will be able to close on time. This is important because you need to make sure that you have a firm timeline in place so that you can move forward with your plans.

Asking these questions will help get you started on the right path to selling your house for cash and still getting a great offer. If you have a house in San Antonio and are looking to sell to a reputable buyer, consider Capstone Homebuyers.

For the Best Results, Sell Your House For Cash To Capstone Homebuyers

When it comes to selling your house for cash, you want to make sure that you are working with a reputable and experienced buyer. Capstone Homebuyers has over 14 years of experience buying houses in San Antonio and the surrounding areas. We are a direct buyer, which means that you will not have to go through a middleman or wholesaler. We also pay cash for properties, so you can be sure that the sale will go smoothly and quickly.

If you are looking for a fair price for your property, contact us today to learn more about our cash offer program. We would be happy to answer any of your questions and help you get started on the path to selling your house for cash.

The Benefits of Downsizing Your Home in San Antonio

Colby Hager on October 16, 2022

The Benefits of Downsizing Your Home in San Antonio

Many people think of the benefits of downsizing your home as something to consider after you retire or your kids leave the house. While those things may be valid and true, there are plenty of other benefits to downsizing your home. Ways to save time, money, and energy are all on the list. You can simplify many aspects of your home life by considering a downsized house.

There can be a peace of mind achieved when you have less to worry about in the maintenance and cleaning department. Downsizing into a rental, condo, or townhome, where all maintenance is covered, can provide even more benefits. Let’s dive into some of the big benefits of a smaller home!

Less Maintenance

Do you dread having to constantly upkeep your home? From painting the exterior and staining the deck to fixing a broken window or clogged sink, there is always something that needs to be done around the house. When you downsize into a smaller home, there is less to maintain. This can lead to big savings of both time and money spent on repairs.

Easier and Cheaper to Make Updates and Upgrades

When you have a smaller home, it is much easier and cheaper to update and make upgrades. Whether you want to renovate your kitchen or simply change out the light fixtures, the costs associated with these projects will be much lower in a smaller home. Not to mention, the actual process of completing these projects will be quicker since there isn’t as much space to cover or areas to improve.

Less Cleaning and Organizing

A smaller home means less space to clean and organize. This can be a huge relief for many people who dread cleaning their homes from top to bottom every weekend. With a smaller space, you can easily keep on top of the cleaning without it taking over your entire day. You’ll also have less stuff to organize. This can lead to a simpler and more organized lifestyle overall.

Even if you outsource your cleaning to a maid or cleaning service, your cost will go down based on your smaller footprint.

Lower Utility Bills

One of the most surprising benefits of downsizing your home is the lower utility bills. When you have a smaller space, it takes less energy to heat and cool your home. This can lead to big savings each month, especially if you live in an area with extreme temperatures. In addition, a smaller home will use less water on landscaping and the yard.

More Bang For Your Buck

While the initial investment in a smaller home may be less, you’ll actually get more value for your money. Smaller homes appreciate at a higher rate than larger homes. In addition, it’s easier to find a buyer when you’re ready to move on from your smaller home. Because of the low maintenance and utility costs, you can afford to make more frequent upgrades as well. You can get a higher-end house that is smaller for the same price as a standard larger house.

Lower Property Taxes

Another big financial benefit of downsizing your home is the lower property taxes. Because your home will be valued at a lower price, your property taxes will also be lower. This can lead to big savings over the long term.

Simplify Your Life

One of the best benefits of downsizing your home is the ability to simplify your life. When you have less stuff and a smaller space, you can declutter your life and focus on what’s really important. This can lead to a more relaxed and stress-free lifestyle.

Easier to Save Money

When you have a smaller home, it’s easier to save money. With less square footage to heat and cool, your utility bills will be lower. In addition, you’ll have less space to fill with furniture and decor. This can lead to big savings when you’re furnishing your home. You can also save money by having fewer maintenance and cleaning costs.

Pay Off Debts Quicker

If you’re looking to pay off your mortgage or other debts, downsizing your home can help you do so quickly. With the extra money you’ll save on your lower utility bills and maintenance costs, you can put more toward paying down your debts. This can lead to big savings in interest over time.

Sell Your House to Capstone Homebuyers So You Can Downsize

When you’re ready to downsize your home, Capstone Homebuyers can help. We buy houses in San Antonio as-is, so you don’t have to worry about making any repairs or upgrades. We’ll make you a cash offer on your home within 24 hours of receiving your information. And we can close on your schedule, so you can move into your new home when it’s convenient for you.

If you’re interested in downsizing your home, contact Capstone Homebuyers today! We’d be happy to answer any of your questions and get the process started.

10 Reasons Why Selling Your House Fast for Cash Makes Sense

Colby Hager on October 16, 2022

10 Reasons Why Selling Your House Fast for Cash Makes Sense

If you’re trying to sell your house, you might be wondering if it’s worth it to try and sell it fast for cash. After all, there are plenty of benefits to selling your house the traditional way through a real estate agent. However, in today’s market, there are plenty of reasons why selling your house fast for cash makes.

We will cover many of those reasons to help you decide if getting a fast cash offer on your house makes sense for you. If you are selling your house in San Antonio, we at Capstone Homebuyers have been giving cash offers to homeowners for years and helping them sell their houses fast for cash.

#1 Your House Needs Repairs

One of the most common reasons why homeowners want to sell their house fast for cash is because their house needs repairs that they can’t afford or don’t have the time to do.

If your house needs significant repairs, it can be difficult to find a buyer who is willing to pay full price or even close to full price. Even if a traditional home buyer is willing to pay the price for a house that needs repairs, banks typically won’t lend on properties needing significant work.

#2 Your House Is Facing Foreclosure

If you’re facing foreclosure, it’s important to act fast. Selling your house for cash can help you avoid foreclosure and the damage it will do to your credit score.

Selling your house for cash can also help you walk away with some money in your pocket instead of being upside down on your mortgage or losing it to the bank at the foreclosure auction.

#3 Job Relocation / Transfer

If you have to relocate for a job or maybe even a military transfer, you might want to sell your house as quickly as possible. Selling your house fast for cash can help you move on with your life and start fresh in your new location.

Selling your house the traditional way through a real estate agent can take months, which can be difficult if you need to make the sale happen quickly due to work circumstances you can’t control. Plus, it’s actually pretty easy to sell your house fast in San Antonio once you find out how.

#4 Structural Damage or Water Damage/Mold

If your house has structural damage or water damage/mold issues, it can be difficult to find a buyer who is willing to take on those types of repairs.

Selling your house for cash can help you avoid the hassle and expense of making repairs before selling. It can also help you walk away with some peace of mind knowing that a professional homebuyer is taking on serious issues which can reduce the liability of selling a house with major problems.

#5 Inherited House

If you’ve recently inherited a house, you might want to sell it quickly so that you can move on with your life. Selling an inherited house can be emotional and complicated, so working with a professional homebuyer who can help you sell your house fast for cash can make the process much easier. Additionally, a professional who buys quickly for cash can often help with the probate or heirship process if needed.

#6 Selling Fast For Personal Reasons

We understand that sometimes, the reason you need to sell your house fast is personal. We get it. At Capstone Homebuyers, all of our client information is kept strictly confidential. You will want to make sure your home buyer can do the same if you are outside of the San Antonio area.

#7 Animal Smells /Hoarding

If you have a house with animal smells or hoarding issues, it can be difficult to find a buyer who is willing to take on those types of repairs. Most buyers will have difficulty seeing the potential value of the house after the repairs are completed. Overwhelming smells or being unable to see portions of the house can hinder the imagination of the potential buyer.

Selling your house for cash can help you avoid the hassle and expense of professional deep cleaning and disposal before selling.

#8 Too Much To Clean

Have you ever walked into a home and immediately felt overwhelmed by the amount of cleaning that needed to be done? Maybe it was an old family member’s home, or maybe you just never got around to decluttering your own house.

Whatever the reason, if you have too much stuff and not enough time to clean before selling you may just want to move and leave your unwanted belongings behind. Getting a quick cash offer from a San Antonio Homebuyer can be just the solution you are looking for.

#9 Back Property Taxes

If you have back property taxes, you may be looking to sell quickly to avoid the consequences of property taxes that have been delinquent for too long. Working with a buyer who understands these issues and knows how to put together a cash transaction quickly can be key.

#10 Divorce

Selling your house fast for cash can help you move on with your life after a divorce. If you’re going through a divorce, selling your house fast for cash can help you split the proceeds from the sale quickly and without having to go through a drawn-out sales process with lots of negotiations along the way.

Selling Your House Fast For Cash to Capstone Homebuyers

Capstone Homebuyers is a family-owned business based in San Antonio, TX that buys houses fast for cash. We have helped hundreds of homeowners in the San Antonio area sell their houses quickly and without having to go through the hassle of listing with a real estate agent.

If you are thinking about selling your house fast for cash, we would love to talk to you about your options. You can reach us at 210-793-4448 or fill out our online form to get started. We hope this article was helpful in explaining some of the reasons why selling your house fast for cash makes sense. If you are ready to sell your house now, please give us a call!

How To Sell Your House As-Is Even If It Needs Repairs

Colby Hager on October 16, 2022

How To Sell Your House As-Is Even If It Needs Repairs

Selling your house as-is should be the goal for every homeowner thinking of selling their house. However, most buyers request that repairs be made after an inspection. Selling your house as-is when it is in need of repairs can be even more challenging because the repairs needed are obvious to anyone who sees the house.

If your house needs work and you want to sell as-is, we will cover how to sell your house even if it is in need of repairs. Follow these tips to get the most money for your house while selling your house fast.

What Does It Mean To Sell A House As-Is?

Selling your house as-is means you as the seller won’t be making any changes or alterations to the house at the request of the buyer. You are selling the house in its’ current state and the buyer is purchasing the property with the expectation that they will need to make changes or repairs. It’s important to be upfront about any damage or repair needs so there aren’t any surprises after the sale.

Typically, a buyer will have an inspection that will uncover hidden issues with the house that might not be obvious to the average home buyer. If you are truly selling as-is, this inspection won’t trigger a re-negotiation.

Why Would A Homeowner Want To Sell A House That Needs Repairs?

The most common reason homeowners want to sell as-is is because they don’t want to spend the money on repairs or deal with contractors. While conventional wisdom says if you fix your house up before selling you make more money, that isn’t always the case. Also, it takes a lot of financial resources to really fix up a house to the point where it no longer needs repairs.

Another common reason for wanting to sell as-is is time. If you need to sell fast, making repairs will only slow down the process. Selling as-is can help you unload the property quickly so you can move on with your life especially if you are relocating and need to move quickly.

Could You Lose Money Selling A House As-is?

Theoretically, yes you could lose money selling a house as-is. If you spend $20,000 remodeling a kitchen, you are supposed to be able to get $25,000 back. But what if you have budget overages, have to fire a contractor, or can’t finish the repairs? Plus, it does no good to fix up one aspect of a house and leave the rest dated or still in need of work.

So while some might say you could lose money selling a house as-is that really isn’t accurate. You really lose the opportunity to TRY to make more money by making an investment. At the end of the day, when you make repairs to a house you know you are going to sell, you are investing in the house and hoping you get a return on your investment. Most homeowners don’t want to be real estate investors and speculate on what repairs they should do vs what repairs they should ignore.

So the truth is, you don’t lose money by selling a house as-is. In fact, at Capstone Homebuyers, we typically offer a fair market value for the home once you factor in the repairs that need to be made.

How To Sell A House That Needs Repairs As-Is

If you ultimately decide that selling your house as-is makes the most sense for you and your unique situation then you can take some of these tips into consideration. Some are absolute musts like not purposefully hiding any flaws and some are optional like advertising the house or listing the house with a realtor. Most people decide to do straight to the source and sell their house as-is to a cash house buyer like Capstone homebuyers.

Fix What You Can in the House

While this contradicts the whole point of selling your house as-is, if there are small repairs you can do to the house that won’t take much time or money, it could be worth it. Something like fixing a hole in the wall, re-caulking the tub, or replacing missing tiles will only cost you a few hundred dollars but could help increase your offers.

These types of repairs make a big first impression and show that you have taken care of the house even though you are selling as-is.

Highlight The Positives About The House

When you are selling your house as-is, it’s important to focus on the positive aspects of the property. This means if there is a great view, good schools in the area, or other amenities, make sure to include that information. You want to make the house sound as appealing as possible to potential buyers so they are aware of the benefits of the house that go beyond just the condition of the actual property itself.

Don't Try To Hide Anything

One of the worst things you can do when selling your house as-is is trying to hide any damage or repairs that need to be made. This will only come back to bite you later on down the road. Be upfront and honest with potential buyers about the condition of the property. If there are any known issues, make potential buyers aware. Not doing so can open you up to liability down the road. Especially if it is something major like a foundation that needs repairs.

Hoarder House? Get Rid of as Much as You Can

If you are selling a house that has been turned into a hoarder’s paradise, the first step is to get rid of as much stuff as you can. This will make the house appear larger and more appealing to potential buyers. It will also make any necessary repairs easier and less expensive to fix.

Attempt to List the Property As-Is With A Realtor

While this isn’t always possible, some realtors are willing to list a property as-is. This means they won’t require you to make any repairs before listing the property. If you decide to go this route, be sure to interview a few different realtors to see if they are willing and able to sell the house as-is. You also will have to make it clear that there can be no inspection-based re-negotiations because inspection re-negotiations are considered to be common with realtors.

Advertise The House As An Investment Property

Many times, people are more willing to buy a house that needs repairs if they know they can rent it out or fix it up and sell it for a profit. By advertising the house as an investment property, you may be able to attract more buyers who are interested in taking on a project.

Sell To A Professional Home Buying Company

One of the best ways to sell your house as-is is to sell it to a professional home-buying company. These companies buy houses in any condition and can often close on the sale much faster than selling through a realtor. This is a great option if you need to sell quickly or don’t want to deal with repairs or cleaning. Make sure you check the reviews of home-buyers and choose who you work with carefully by taking a look at this guide on the best cash house buyers in San Antonio.

Selling Your House That Needs Repairs To Capstone Homebuyers

If you need to sell your house that needs repairs, we can help. We are professional home-buyers in San Antonio who buy houses in any condition. We can close on the sale quickly and will take care of all the repairs and cleaning for you.

Capstone Homebuyers is the premier “we buy houses” company in San Antonio, Texas. When you choose to sell your house to Capstone Homebuyers, you can know you are working with a local, family-owned company that is based on guiding principles that set us apart.

For great customer service and a great selling experience, sell to Capstone Homebuyers. Give us a call or fill out our online form to get started.

How To Sell Your House With Owner Financing The Right Way

Colby Hager on October 16, 2022

How To Sell Your House With Owner Financing The Right Way

Selling your house using owner financing can be exciting and a great way to generate extra income by taking advantage of the opportunity to become the lender for the buyer of your property.

However, because financing the sale of your house in this way isn’t the most common way to sell, you will need to make sure you sell your house the right way when using owner financing. To help homeowners looking to sell on terms, we have put together some tips and pointers to make sure you cover all your bases when selling your house with owner financing.

Selling With Owner Financing Tips:

Below are the top 9 tips you will want to consider in order to make sure you are selling your house with owner financing the right way. Make sure you consider all angles of the transaction in order to protect you, your property, and the buyer from any future frustration or misunderstandings. This can be a complicated but rewarding process if you take the time to understand how to go about structuring the transaction the right way.

It's Not Just About Price

When you are looking to sell your house with owner financing, the sale price is not the only factor to consider. You will also want to be sure to factor in things like the interest rate you will charge, the length of the loan, any balloon payments that may be required, and other terms of the loan. Many times, if you are willing to help someone who is working to overcome issues with their credit, they are willing to pay a higher purchase price.

Consider Your Timeline For Repayment

Be realistic about the timeline you are willing to give for repayment of the loan. In order to make sure you don’t get in over your head, it is important to factor in things like job security, health concerns, and other life changes that could affect the ability of the borrower to repay the loan on time. It is also important for you to understand your personal goals with the timeline of the repayment of the loan. If you are 70 years old for example, you may not want to create a 30-year not unless it is designed to be passed down to your heirs.

Think Through Your Terms Ahead of Time

When you are selling your house with owner financing, you will want to have a clear understanding of all the terms of the loan before entering into an agreement with a buyer. This way, there are no surprises down the road and everyone is on the same page from the start. Some important things to consider when creating your terms include interest rate, down payment, loan length, or whether or not there will be a balloon or interest rate adjustment.

Protect Yourself With Solid Paperwork

One of the most important aspects of selling your house with owner financing is to make sure all the paperwork is in order. This means having a well-written and airtight contract that both you and the buyer sign. This contract should include all the terms of the loan as well as any other relevant information about the sale and should be prepared by an attorney.

Understand What Contingency Options You Have

When you are selling your house with owner financing, it is important to understand what contingency options you have in place in case the buyer is unable to make their payments. You will want to be sure to include a clause in your contract that outlines how missed payments will be handled and what actions can be taken by you as the seller if the buyer can no longer make timely payments.

Use A Qualified Real Estate Attorney

While you are not required to use a real estate attorney when selling your house with owner financing, it is highly recommended. An experienced real estate attorney will be able to help you navigate the process and ensure that all the paperwork is in order. They can also offer guidance on what terms to include in your contract and help protect your interests.

Market the Property to the Right Buyers

When you are selling your house with owner financing, it is important to market the property to the right buyers. This means individuals who are aware of the risks and rewards of this type of transaction and who are willing to work with you to create a mutually beneficial agreement. There are a number of ways to reach these buyers, including online advertising. Make sure you are aware of fair housing rules and regulations.

Be Sure to Check Buyer Qualifications

Especially when selling your house using owner financing, it is important to carefully vet any potential buyers. This includes running a credit check and verifying their employment status. You will also want to get a copy of their driver’s license and contact information for reference. Be sure to have a real estate attorney look over any contract before you sign.

Use A Servicing Company to Make Collection Easy

If you are not comfortable collecting payments yourself, you can always use a servicing company. This is a company that will handle the collections for you in exchange for a small percentage of the monthly payment. This can take a lot of the stress out of the process for you and make it easier to get paid on time and keep track of your payments.

Selling Your House With Owner Financing to A Professional Home Buyer Like Capstone Homebuyers

If you want a quick, hassle-free sale of your home, then selling to a professional home buyer like Capstone Homebuyers is your best bet.

We are all-cash buyers and can close on your house fast – usually in as little as 7 days! Plus, we don’t charge any fees or commissions, so you can keep 100% of the proceeds from your sale. But if you want to sell with owner financing, we buy in those situations too! We can help find a solution with terms that will create a win-win situation for everyone!

To learn more about selling your house to us with owner financing, simply fill out the form on our website or give us a call and one of our friendly representatives will be happy to answer all of your questions.

How To Sell Your House Fast in San Antonio, TX

Colby Hager on October 15, 2022

How To Sell Your House Fast in San Antonio, TX

If you need to sell your house fast in San Antonio, you want to make sure you work with the right home buyer who can actually deliver on the promise of buying your house fast. There is a right way and wrong way to go about getting a legitimate cash offer for your house from someone who actually has the ability and experience to make it happen.

Despite the fact that many people and companies claim to purchase houses in 7 days or less, not all can or even know what it takes to make a sale happen that quickly. In this article, we discuss how to sell your house fast and what you need to do and look for when deciding who can really make the fast sale happen for you.

Common Reasons People Need to Sell A House Fast in San Antonio

People who need to sell their house fast usually have certain life circumstances that are causing them to need to sell so quickly. It isn’t always the first choice and can be stressfull, frustrating, and emotional. That’s why choosing a qualified and professional homebuyer really is important. You want to know you will be treated professionally and that the homebuyer can do exactly as they say.

These are just some of the reasons why you might need to sell your San Antonio house fast and want to work with a reputable company that buys houses.

Finding the Right Home Buyer

Finding the right cash buyer when you want to sell your house fast is absolutely key. You want to find a professional home buying company that has the experience, resources, and ability actually make the sale happen quickly for you. You probably want to work with someone who will buy the house as-is. This is an important aspect of selling your house quickly and you don’t want to underestimate the value of finding the right buyer. We dedicated an entire post to what to look for in a cash buyer here.

In order to really sell your house fast, the transaction must have certain items and perhaps even more importantly, it must NOT have certain items. When you want to sell your house fast you need to make sure the buyer is doing the following:

No Banks

If a bank is involved, it will slow the process without a doubt. Even lenders that pride themselves on speed can’t come close to matching the speed of an actual cash buyer that knows how to purchase a house quickly.

No Appraisals

Appraisals take time to schedule, complete, and turn around a report. An appraisal will absolutely slow down the timing of your sale. Additionally, they could open the door for further negotiation if an appraiser has a low opinion of your house.

No Private Lenders

While private lenders are better than traditional mortgage companies, they still have requirements and stipulations that simply aren’t in alignment with you selling your house fast.

No Inspections

The actual inspection itself is only a couple of hours, but scheduling, the time it takes to get the report back, and what shows up on the report that might need to be addressed all work to slow down the sale of the house.

Additionally, an inspection usually means a re-negotiation. Typically, if there is an inspection, you aren’t selling your house as-is, and it likely won’t be as fast.

No Middlemen or Wholesalers

Selling to a middleman or wholesaler will definitely make the process of selling your house fast much more difficult. These types of buyers need to mark up the price in order to make a profit and that will take more time than working with an end buyer that can pay cash for your house because they in turn have to find a buyer to purchase at an inflated price which can take extra time.

Work With A Professional

If you want to sell your house fast in San Antonio, then you need to work with a professional. A professional home buying company will have the resources and ability to actually make the sale happen quickly for you. This is an important aspect of selling your house quickly and you don’t want to underestimate the value of finding the right buyer.

Verified Title Company

Make sure the home buying company you are working with has a verified licensed title company. A good title company will also be able to help facilitate a quick transaction and will know what is required to make sure a fast closing happens without delay.

A Home Buyer With Actual Cash

Make sure the home buying company you are working with has a verified title company. A good title company will also be able to help facilitate a quick transaction and will know what is required to make sure a fast closing happens without delay.

Selling Your House Fast: Once You Narrow Down Who You Will Work With

Now that you have narrowed down the options for who is a legitimate cash house buyer who can buy your house fast, you will want to get offers from each buyer.

At this stage, it isn’t just about purchase price. You want to make sure you have a good feeling about the buyer you will ultimately sell to. You want to make sure they are using approved Texas Real Estate Commission paperwork. If not, that could be a red flag.

Also, you want to pay attention to the fine print or details of the sale beyond just purchase price. Are all of the other terms fair, or slanted to benefit the buyer? Do you need time to move after the transaction closes? There is a section in the contract for that. This part of selling your house can honestly be the most important and the part of the sale that many homeowners are least knowledgeable. This is another reason why you want to make sure you feel like you can trust the company you are selling to.

Once you select an offer after reviewing the offers you have received, you will then sign the paperwork and the contract will move to the title company. Since you are selling your house fast and for cash, you will want to be in touch with the title company and make sure you provide them with everything they need so that they can facilitate the fast sale.

Prepare Your House To Move After A Fast Sale Agreement

Now that you have agreed to sell your house fast, you will need to prepare your house. This includes packing up your belongings and making sure the house is in the condition you and the buyer agreed to.

Often, when you sell your house fast, the company you sell to will be buying the house “as-is.” However, that doesn’t mean you should leave trash and debris around. One benefit to selling to Capstone Homebuyers is that you can take what you want and leave the rest. Also, there’s no cleaning required.

We will even haul off any unwanted items for you. You should also make sure your personal belongings and valuables are removed before the closing date or they could become the new homeowner’s property. The day of closing, all you need to do is hand over your keys and be on your way!

Attend The Closing To Finalize Selling Your House Fast

You will need to attend the closing to finalize the sale of your house. At this point, you will sign the final paperwork and receive your payment. Once that is complete, your money will be in your bank account and you get the freedom to move on with your life! The entire process from start to finish can happen in as little as 7 days when you sell your house to the right buyer. To find out more about how Capstone Homebuyers can buy your house fast in San Antonio, fill out the form or give us a call today!

How to Deal With an Unwanted House in San Antonio, TX

Colby Hager on October 15, 2022

How to Deal With an Unwanted House in San Antonio, TX

Are you feeling burdened by your house? Do you feel like it’s more of a hassle than anything else? If so, it might be time to consider selling. And while this can be a daunting process, it’s definitely doable with the right resources. In this blog post, we’ll outline some tips for dealing with an unwanted house in San Antonio, TX. Keep reading to learn more!

Common Reasons A House Becomes Unwanted

There are many reasons why a house can become unwanted. Some are common and other reasons might be unique to your and your situation. Below are some of the more common reasons why a house can become unwanted and might signal that it is time to move on and sell the house.

The House Prevents You From Taking Other Opportunities

Sometimes, the house itself can prevent you from taking other opportunities. For example, if you receive a job offer in another city but can’t sell your home, then you might have to pass up the opportunity. Or if you have a lot of equity and could make other investments if you could access your cash. If you feel like you are constantly feeling that way, it’s probably best to sell the house so that you can take advantage of other opportunities as they come your way.

The House Needs Too Many Repairs

If your house needs a lot of repairs, it can be a big burden. Not only do you have to pay for the repairs, but you also have to deal with the hassle and inconvenience of having work done in your home. If you’re constantly dealing with repair issues that seem to pop up all too frequently, you might be in the wrong house.

The House Has Become Too Small or Too Big

Families grow and change over time. And as your family changes, so does your need for space. If your house has become too small or too big, it might be time to consider a different home that better meets your needs. Upgrading your space or downsizing to a more functional home is a common reason why you might sell because you are in the wrong house.

Too Much Maintenance

Owning a home comes with a lot of responsibility. And if you’re not ready or able to handle that responsibility, it can be a burden. If you find that you are constantly having to deal with maintenance issues like landscaping, painting, repairs, constant cleaning and mowing, you might be in the wrong house.

You're Unhappy With Your Location

Your location can have a big impact on your quality of life. If you’re not happy with your current location, it might be time to move. Maybe you don’t like the schools in the area or maybe you’ve just outgrown your neighborhood. Whatever the reason, if you’re unhappy with your location, it might be time to make a change.

You Inherited the House

In some cases, people inherit a house that they don’t want. Maybe it’s in bad condition or maybe it’s just not your style. If you find yourself in this situation, you might want to sell the property so that you can put the money towards something else.

Why Owning the Wrong House Can Cost You

The House is No Longer in Your Budget

Personal finances can change. You may have had a job change or a disruption to your income. If you can no longer afford your mortgage payments or the cost of maintaining your home, it might be time to sell. Owning a home is a big responsibility and if you can’t handle the financial burden, it’s best to sell before you get too far behind.

Issues With the Neighborhood

The neighborhood around your home can have a big impact on your quality of life. If you find yourself constantly dealing with noise issues, crime, or other nuisances, it might be time to move. A bad neighborhood can also bring down the value of your home, making it harder to sell in the future. If you have children, this can be especially important.

Repairs or Structural Issues

As a homeowner, you are responsible for the maintenance and upkeep of your property. If you find yourself constantly having to make repairs or deal with structural issues, it might be time to sell. Not only can this be a financial burden, but it can also be a safety issue. Foundation or structural issues can be scary to a homeowner and if you ignore these issues they can worsen over time.

Emotional Costs

Owning a home can be emotionally draining. If you’re constantly worrying about your mortgage payments, repairs, or maintenance, it can take a toll on your mental health. If you find yourself in this situation, it might be best to sell so that you can focus on other things in your life.

Options For Dealing With Your Unwanted House

Rent the Property to a Long-Term Tenant

If you’re not ready to sell your property, you could rent it out to a long-term tenant. This might provide you with some extra income to help offset the cost of ownership. Just be sure that you are prepared to be a landlord before taking this step.

List the House on a Short-Term Rental Site

If you’re not ready to commit to a long-term tenant, you could list your property on a short-term rental site like Airbnb. This can be a great way to make some extra money when you need it. Take the time to check your local laws and regulations before listing your property.

Renovate The House

If you’re not ready to sell, you could consider renovating the house. This might be a good option if you’re unhappy with the current state of the property. Renovating can be a big project, but it can also increase the value of your home. Just be sure that you are prepared for the cost, contractor headache, and timeline.

Build A Pool or Guest House

If you have extra space on your property, you could consider building a pool or guest house. This can be a great way to add value to your home. It can also provide you with extra income if you decide to rent it out. Having a pool could increase your happiness in your home.

Sell The House

Selling your unwanted house might be the best option for you. This will allow you to move on with your life and put the money towards something else. When selling, you have a few options. You can work with a real estate agent or you can sell the house directly to a cash buyer. Working with a real estate agent is common if your house is in great shape and ready to sell, otherwise, working with a professional cash buyer can be the best route.

Selling Your Unwanted House Fast For Cash

Selling your house for cash to a home buyer can be a great option if you have an unwanted house or you just feel like you’re living in the wrong house. A local cash house buying company will buy your house even if it needs repairs and will make the process easy for you.

Consider where you will move and the timing of your move ahead of time. A good company that buys houses will be able to buy your house fast but will also give you time if you need to move or if you have a certain move-in date at your new place. Knowing this ahead of time will allow you to make sure you choose a house-buying company that will work with your specific needs.

When working with Capstone homebuyers, we make selling your house easy. We work with your specific needs, close on your timeline, and you won’t have to make any repairs. Additionally, you can avoid the hassle of cleaning or clearing out unwanted belongings. We say take what you want and leave the rest. You’ll get the money for your house without all of the extra work. Find out how selling your house to Capstone Homebuyers might make sense for you.

Having Trouble Selling Your House After A Divorce

Colby Hager on September 25, 2022

Having Trouble Selling Your House After A Divorce

We know that life can get pretty tough when you’re going through a divorce, but we want to take the stress off your plate. We buy houses in San Antonio and offer sellers the “Ideal Way” of selling their homes fast during difficult times like selling a house during a divorce or if they need cash right away for any reason whatsoever.

A divorce can be a challenging situation: it’s complicated, it’s expensive, it’s time-consuming, and emotions are running high. And in all that effort you also need to sell your marital home so that you can split the value of any equity in the house and put it all behind you.

But what if your property doesn’t sell? If you’re going through a divorce and wondering why the house isn’t selling, consider the following possibilities and what to do once you determine the reason the house might not be selling.

First, Consider Why Your House Isn’t Selling

Unfortunately, there are many reasons your house might not sell. Some of the reasons are related to the normal market conditions (and they might be present even if you weren’t going through a divorce). But there might be additional reasons that your house doesn’t sell — for example, maybe you have a complicated divorce or there’s a lot of conflict between each party in the divorce and this makes it too difficult for the buyer to negotiate on the sale of the property.

Delays Can Add To The Problem

If the house is not selling as quickly as you’d like, this just adds to the problem and it ultimately ends up costing you more — in bills and taxes and mortgage payments, as well as in additional attorney fees.

Simply put, you might be hoping to get a high price for your house but your divorce could actually be scaring people away and costing you money.

Work To Streamline The Negotiation Process

Another reason the house might not be selling as quickly as you hoped is that there isn’t one person in charge of the sale. If there are two sellers negotiating the same sale, buyers, realtors, or home investors might be getting different types of feedback depending on who they speak with.

Allowing one person to handle the aspects of the sale could alleviate some of these issues.

Fortunately, even if these quick fixes don’t work right away, there’s another option…

Strategy For Divorce Houses: Sell To A House-Buying Company Prior To Making The Divorce Final

Consider selling the house prior to beginning the divorce proceedings in court. This can alleviate many of the issues that cause problems when selling during the actual divorce process.

Once the courts are involved, things can get more complicated, take much longer, and can grind to a halt. Realtors often have difficulty working through the complexities that can be present during this situation. Working out a quick cash sale to an investor can be a solution that avoids many of the pitfalls of selling the traditional way during a divorce.

Sell To A Reputable Home Buying Company

Here’s an effective strategy for people who are trying to sell their divorce home — instead of listing the house with an agent, sell the house directly to a real estate buying firm like us at Capstone Homebuyers. As Homebuyers in San Antonio, we may not always be able to pay the market price for a property… but many people realize that holding out for a higher price can actually be a costly strategy once you factor in the cost of repairs, the carrying costs while you wait months for an agent to find a buyer, and then the agent’s commission (sometimes thousands of dollars).

If you’re worried that your house won’t sell during a divorce and if you want to sell your house fast, a real estate buying company like Capstone Homebuyers is the fastest and simplest choice to get the property out of the middle of your divorce, give you money for it, and allow you to wrap up this portion of the divorce proceedings.

Reasons Why You Might Consider Selling With Owner Financing in San Antonio

Colby Hager on September 25, 2022

Reasons Why You Might Consider Selling With Owner Financing in San Antonio

When it comes time to sell your house, there are a lot of ways to go about it. You can list it with a real estate agent, put up a sign in the yard, and wait for the offers to come in. Or you could consider selling with owner financing.

Owner financing is a great option for sellers who want to get the most out of their house and are willing to sell in a non-traditional manner. If you’re thinking about selling your house this way, here are the top 3 reasons why you should consider it.

Selling With Owner Financing Can Expand Your Pool of Potential Buyers

The traditional way of selling a house is to list it with a real estate agent and wait for buyers to come to you. But this can often take weeks or even months. And if your house is in need of repairs, it could be even longer.

With owner financing, you can bypass all of that and sell your house directly to the buyer without involving a bank or traditional lender. This means that you can sell your house to anyone who has the cash for the down payment, regardless of their credit score or employment history.

This actually makes your buyer pool bigger because traditional buyers can still put in an offer but now you are opening the door for buyers who are specifically looking for creative financing directly from the owner.

Possibly Sell Your House For More Than Market Value

When you sell your house the traditional way, you are at the mercy of the current housing market. If prices are low, you might not be able to get the price you want for your house. But with owner financing, you can set your own terms and price. This means that if the housing market is down but you still need to sell your house, you can offer owner financing to make up the difference.

You can also use owner financing as a way to negotiate a higher sales price. For example, if your asking price is $200,000 but the buyer only has $150,000, you could offer to finance the remaining $50,000 with an interest rate that is still lower than what they could get from a bank. With interest rates rising rapidly, owner financing will become more common and even more lucrative for sellers.

Create An Income Stream By Selling With Owner Financing

One of the best things about selling with owner financing is that you can create an ongoing income stream from your house. Once the house is sold, you become the bank and the buyer makes monthly payments to you instead of a bank. This gives you a chance to earn money from your house every month, which can be used to supplement your income or help with expenses. And if you sell the house for more than it’s worth, you could potentially make a lot of money over time.

When you act as the bank, you collect amortized interest. think about this…a $150,000 loan amortized over 30 years with a 6% interest rate collects $173,757 in interest in addition to the $150,000 principle. That means you collect a total of $323,757 over the life of the loan. How about that as an income stream and investment!

A Word Of Caution When Selling With Owner Financing

Before you decide to sell your house with owner financing, there are a few things you need to be aware of. First, make sure you understand the legal aspects of selling with owner financing. There are some specific laws that apply and you need to make sure you are in compliance.

You also need to be aware of the risks involved. When you become the bank, you are taking on all of the risks if the buyer defaults on the loan. This means that you could end up having to foreclose on the house and evict the buyer, which can be a long and costly process.

If you don’t own the house free and clear, owner financing might still be an option for you but you need to understand the way a wraparound mortgage works and get competent legal advice throughout the process.

How Capstone Homebuyers Can Help

If you want to sell your house fast and for cash, owner financing might not be the best option for you. But if you are willing to take on a little more risk and wait for the right buyer, owner financing can be a great way to get the most out of your house.

At Capstone Homebuyers, we are always looking for houses that are being sold with owner financing. We will work with you to structure the deal in a way that is beneficial for both parties. We are a qualified buyer and ready to close quickly. Give us a call today to learn more about how we can help you sell your house with owner financing.