We buy houses in Mesquite, TX and we are aware that home ownership just isn’t what it was in the 1950’s.
In the past, people would purchase a home and live there for the rest of their lives, often passing it on to their family. Things have changed. Many first-time TX home buyers are going into it with the attitude that they’ll sell when it’s time for a change. The average length of time people own the same house is now about 10 years which has risen slightly. If you’re looking to sell your house, you currently have options.
Despite the market trends in Mesquite TX slowly shifting, it’s still very much a seller’s market. With so little property available, you can look at different strategies to sell your house to achieve your unique goals.
How To Sell Your House To An Investor in Mesquite TX
One option that many homeowners are turning to is selling to a real estate investor like Home Buying Guys to buy your house from you.
These independent investors typically purchase homes, repair them, and then use them to generate income; either as rental units or sell them for a profit. Mesquite has numerous reputable and trusted real estate investors and TX home buyers who will help you sell the home quickly. These investors are sometimes called iBuyers or wholesalers and the DFW market has seen a significant rise in the number of investors looking for houses.
Selling your property to an investor is relatively simple.
You provide him or her with information about your home and personal situation.
The investor will then inspect the home and determine a fair value, taking into account necessary repairs, and make a cash offer. If the offer works for you, you’ll close, and receive the payment for your home in cash… usually within 7 days if you want to close that fast or later if that is preferred.
How Fast Can You Sell The Mesquite Home To Local Investor?
This process is extremely quick compared to more traditional methods, often taking just 7-10 days. Generally we are only limited by the title work process.
If you need to sell a Mesquite TX home very quickly, with little hassle, selling to a Mesquite TX real estate investor is a great option. Usually cash home buyers have a relationship with title companies who do many transactions for them and will push the title search process to speed up the process.
When you work with a real estate investor… there usually aren’t any fees involved, as you don’t have to worry about paying an agent commission, and most often, the investor will cover the closing costs. Home Buying Guys does not charge any commissions and covers all the standard closings costs for the seller. The only costs we do not cover our outstanding liens, judgements or pro-rated taxes on the property. These items are usually taken out of the proceeds the seller receives at closing.
While real estate investors are often looking to purchase homes at a discount, allowing them to fix up the house if it needs repairs… then sell the home to another homeowner. So the down size to selling to an investor is usually a lower overall price, but the benefits include the quick convenient close, no traditional showings or inspections are avoided.
The Hidden Costs Of Waiting To Sell A Mesquite Texas House
Many people don’t consider the hidden costs of holding on to a property.
Extra months of mortgage payments, utilities, maintenance costs, and other fees could quickly add up. By selling at a discount, you could potentially end up with a larger sum in the long run especially if you have costly repairs or deferred maintenance that needs to be done on the property. Consider this scenario if your house is 15 years old, and is now beginning to look outdated, how much will it cost to update the house to sell it traditionally? Lets say the cost for one kitchen, two bathrooms and flooring for an average 1500 square foot house runs $30,000, is it worth spending that money? Sometimes it makes sense to do this and you will recoup this cost plus some and sometimes it is not worth the money because you break even. The determining factor is based on what other houses in the neighborhood are doing. Are other houses being remodeled and flipped or are most of the houses still in the original condition as they were built.
We can help you analyze this situation and decide what makes sense for you. Based on this analysis sometimes it makes sense to sell your house fast for cash in Mesquite and other times it makes sense to get the repairs done and list it.
Cash For Houses In Mesquite TX
By selling your home to a real estate investor like Home Buying Guys, you’re saving yourself possible months of headache, and you can quickly move on to your new home. You’ll avoid expensive fees, closing costs, and investors will purchase your home as-is, assuming the costs of repairs that you’d have to pay if you were selling via more traditional means. Sell your house in Mesquite to us now.
If you want to explore other options or are not sure selling your house as is is the right choice for you, reach out to us and we will show you multiple options to sell your house. We are a full service real estate company and can craft a solution that achieves your goal for your particular property and situation.