There are a lot of things to consider when placing your home for sale in Kansas City, Kansas. One of the first is how long your home will be sitting on the market while you wait for a qualified buyer. What shape is the home in and if needs repairs how much are those going to cost? Is there something there that the buyer may find after closing and potentially sue because you didn’t properly disclose that information? If the buyer is using a Realtor will you be able to afford the agents commission? Call us at 913-708-1185 to find out additional questions to ask yourself before deciding to sell.
As-Is Purchases
Professional home buyers that buy directly from the sellers in Kansas City, Kansas will usually buy homes as-is. This is often a huge benefit to a seller because that means you don’t have to worry about making expensive repairs or paying any other unplanned expenses. Some of these buyers also won’t conduct inspections, which makes this a truly as-is transaction.
Easy Closings
Professional home buyers that buy direct from sellers in Kansas City, Kansas typically close much faster than a traditional buyer. A traditional home purchase usually involve having the buyer qualify from the bank, mortgage underwriting, home inspections, and after all of that the buyer may still not qualify. There are also normally no commissions paid to a buyer’s or seller’s agent which means thousands of dollars in savings. The usual commission is 3% per side, so if you sell your home for $200,000, you would have to pay $12,000 in commissions alone! Professional home buyers also may not charge transaction fees; if they do, they are extremely low in comparison to the commission or closing costs you would have to pay otherwise. They also provide mail-away closings which is a wonderful thing for out of state owners.
Extended Occupancy
Professional home buyers are in it for the investment. They are not expecting to move into the home on the day of closing. Most home buyers will allow a move-out timeframe after closing to allow you to relocate at your own pace. This is extremely helpful, especially with such quick closing timeframes. Also, you may not even have to clean the home when you leave. You can simply pack your personal items and furniture you want to keep and leave the rest.
Stress-Free Selling
When you decide to use a professional home buyer in Kansas City Metro , Kansas/Missouri, you will not have to worry about going through a roller coaster of emotions. There are no frustrating, middle-of-dinner phone calls asking if you are available to show your home. You don’t have to worry about leaving your home spotless every day before heading to work, just in case there is a showing while you’re gone. You don’t have to worry about possibly running into a buyer’s agent or their clients or dealing with them asking you questions that you really shouldn’t answer anyway. You also don’t have to worry about buyers arguing with you over which furniture you are taking and what you are leaving.
Less Risk
Selling to a professional home buyer is extremely straight forward. They will lay out every step of the process and usually have shortened, very clear contracts that are simple as-is purchase agreements. You will also have lessened exposure to legal risks. You won’t have to worry about the buyer finding something you didn’t know you didn’t disclose or something they don’t like about the home or the neighborhood. Under most traditional real estate contracts, there is a potential for the buyer to sue you if they feel they didn’t get all of the information, or if they feel the facts were misconstrued. Professional home buyers already know the state of the property, and they are willing to take on that risk.