20. 10 Benefits of Selling Your House Fast For Cash

Colby Hager on October 25, 2022

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!

27. 7 Tips For Selling Your House and 3 You Must Avoid

Colby Hager on October 25, 2022

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.

#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.

#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.

#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!

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

Colby Hager on October 24, 2022

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.

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

Colby Hager on October 24, 2022

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

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

Colby Hager on October 24, 2022

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!

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

Colby Hager on October 20, 2022

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!

42. 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. This can be especially true if you’ve inherited the house from a loved one. 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.

38. 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.

36. 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.

19. 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!