There are a lot of things to consider when placing your home for sale. How long will your home be on the market waiting for a qualified buyer? What shape is my home in, and how much will needed repairs cost? Will the buyer find something wrong with the house after closing and potentially sue? Can I afford the commission if I deal with a Realtor? Call us at (414) 877-0047 to find out additional questions to ask yourself before deciding to sell.
This blog article is written from two perspectives, from a general stand point of professional home buyers in Milwaukee, Wisconsin and specifically, how Best Choice House Buyers addresses these issues.
Professional home buyers in Milwaukee, Wisconsin will usually purchase homes as-is. As a seller, this means you do not have to worry about repairs before closing or any other additional expenses you were not planning on. There are some companies that do not require inspections which makes it a truly as-is transaction. Best Choice House Buyers is one such company that does not require outside third-party inspections. Our purchases are without contingencies.
Professional home buyers in Milwaukee, Wisconsin typically close faster than traditional home buyers, and usually pay in full with cash. Traditional home purchases usually require qualifications from banks, mortgage underwriting time, property inspection time and the buyer may not end up qualifying in the end. 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.
With Best Choice House Buyers you absolutely will not pay any realtor commissions of any kind. You will also not pay any transaction fees or closing costs.
Extended or Flexible Occupancy
There are many scenarios that you may be selling your house to a professional home buyer. Under typical circumstances it would be normal for the seller to be completely moved out of the house on the closing date. That is just normal for everyone. There are though special circumstances where an extended or flexible occupancy arrangement may be needed that Best Choice House Buyers will work with the seller. Two examples involve unexpected events. Your mother slips, falls and cannot move back into her house of 40 years. You come in from out of state to make arrangements for where she will live. The senior community can take her right away if you commit NOW. Best Choice House Buyers buys your house in 10 business days or less and makes arrangements with you to have an extended and/or flexible timeframe to take her items from the house.
You’re going through a foreclosure and divorce. Things have not gone as planned or as you would like for different and many reasons. You want to avoid a foreclosure on your credit report. Best Choice House Buyers buys your house in 10 business days or less and again, works with you on an extended/or flexible move out timeframe.
With professional home buyers in Milwaukee, Wisconsin 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. With Best Choice House Buyers you absolutely DO NOT have to clean out the house. Just take any items that you want to keep and we will take care of the rest. With our focus on working with Seniors, we can even make arrangements to have what you want to keep moved to your next residence.
When you decide to use a professional home buyer in Milwaukee, Wisconsin, 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 can leave so your home can be shown. 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.
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. Best Choice House Buyers uses the Wisconsin Real Estate Examining Board WB-11 purchase agreement. The WB-11 is acknowledged and used by most, if not all realtors, attorneys, lenders, appraisers, and title companies throughout the state. 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, are buying as-is, and they are willing to take on that risk.