3 Things to Keep in Mind When Deciding Which Baltimore House Buyer to Work With?
What are the 2 most important factors when selling your home?
Why, time AND money of course! If you need to sell your Baltimore house fast for cash, you are in luck! There are local and nationwide professional home buying companies who pay cash for homes in Baltimore and throughout Maryland.
So how does one go about selling their house in Baltimore fast AND get cash for it WITHOUT having to list your house with a real estate agent (and pay realtor commissions), or wait months for it to sell.
How Do Cash For Homes in Baltimore Buyers Work?
Finding a local trustworthy Baltimore house buying company, such as We Buy Houses Fast in Maryland, that can pay cash for your property can feeling overwhelming. However, with some research, it isn’t too difficult to find that there are several investors who are actively seeking to purchase properties fast for cash.
Before you read further… if you’re curious as to the process a cash buyer like We Buy Houses Fast in Maryland is able to buy your Baltimore house fast for cash… check out our “How it Works” page as well as our FAQ section. If you have further questions, shoot us a message or give us a call at (410) 870-9228.
1. Price And Time Are Trade-Offs – Which Is More Important To You?
As you may have discovered, obtaining full market value for your home is not usually possible if you need to sell it fast for cash. In order to get full market value for your house, it may take 3-6+ months.
Typically, you will need a real estate agent who can market the house for you in order for you to hopefully find the best buyer for your property. For this service, and to help cover marketing costs, real estate agents typically charge a commission (usually between 3-6% of the sale price)… so if it takes you 6+ months to sell and you have to pay a 3-6% commission… is that worth the wait?
Most often, Baltimore house buying companies, such as We Buy Houses Fast in Maryland, evaluate your house to determine what is called the After Repair Value or ARV – this is what the property is worth when it’s fully fixed up to modern standards.
We use comparable properties that have sold recently nearby to help determine what your house could be worth. Then based on the current condition of your property, we’ll estimate how much we’ll have to invest in renovations, the length of time it will take to complete the rehab, and then use this information to determine our offer. Keep in mind, that with all the work, time, and effort we will be putting into the property, we do look for properties that we can make a profit on after selling it… so are offers, particularly our cash offers, will be below market value.
With that in mind, we at We Buy Houses Fast in Maryland DO have other “solutions” to assist you with getting rid of your unwanted or inherited properties. We use factors, such as your current mortgage balance, current mortgage payment, timeline you need to ultimately sell, etc. to craft an offer tailored to your unique situation so that we can provide an offer to you that makes sense.
But we can often close quickly (sometimes in as little as 7 days if needed)… so if you are interested in selling your property… submit your info on the form on this next page or give us a call at (410) 870-9228.
We can make you a fast no-hassle offer – often in less than 24 hours.
We like to make sure every house seller we work with knows all of their options, and we even encourage you to get other offers and shop them around. However, when we make you an offer it will be tailored to your unique situation. If we are not the best option for your situation, we’ll do our best to refer you to local real estate professionals in Baltimore who can better assist you.
How Much Work Do You Want To Put Into Making Your Baltimore, Maryland House Sell For Top Dollar?
Another big factor that local Baltimore cash home buyers like We Buy Houses Fast in Maryland can offer is that we buy your house in as-is condition. That’s right! We take all of the work and hassle of fixing up and selling your house off of your hands.
We handle it all.
No, we’re not listing your house in the way an agent does. Most real estate agents require that your house is updated, renovated, or at the very least, cleaned and decluttered before they will list your house. Then you will have to keep it clean and clutter free for several months at a time, always ready to show the property to potential buyers at the drop of a hat. Then, with each offer that comes in, there is a lot of negotiating, back-and-forth, again and again, over price and terms. Getting tired yet??
We offer cash for houses in Baltimore and throughout Maryland because we’re professional home buyers based locally here in Baltimore. If a house needs work, we are able to buy it in as-is condition. We take care of the cleaning, of the repairs, working with potential buyers, etc. Additionally, the paperwork is a breeze! Purchase and sale agreements are short and we work directly with local title companies and real estate attorneys in Baltimore to ensure a smooth closing.
Basically, we can make you a fair all cash offer on your Baltimore house (or Call Us Today at (410) 870-9228!)… and if it’s a fit, great! We’ll handle everything! If a cash offer is not a good fit, we’ll even review your options with you to determine if another solution will work better.
Do Your Research And Trust Your Gut
Before you decide which Baltimore investment company to sell your property to, be sure to review their reputation. Consider asking for references from the investor. Talk to people the investor has worked with in the past to determine whether they are the right fit for you.
There are people out there who are less than honest… so make sure to do your research, talk to them and make sure they are trustworthy, and that they can actually close on the offer they make you.
When you’re ready to start the process of selling your Baltimore, Maryland home for cash or terms, fill out our form and we’ll help you get started right away!