Selling To Minnesota Cash Home Buyers vs. Listing With A Local Minnesota Agent
As we all see a switch happening from a buyers market to a seller’s market in Minnesota , ], it’s to your benefit to look at all your options and figure out what is the best plan for helping you best reach your goals with the sale of your house. While using a local market realtor you may be enticed to get a perceived higher “top line” sales price listing with an Minneapolis St Paul ],agent, that doesn’t always boil down to more money in your pocket or fewer headaches. Dive into the details below to compare your options.
|Selling w/ An Agent||on a $200,000 House Cost to you||SOLD To Minnesota Cash Home Buyers a Cash home buyer|
|Commissions / Fees:||6% of sale price of home on average is paid by you, the seller||$12,000||NONE|
|Who Pays Closing Costs?:||2% on average is paid by you, the seller||$4,000||NONE – We pay all costs|
|Inspection & Financing Contingency*:||Yes, sales can fall through|
On an average, 70% of home sales have a renegotiation of the sales price after the inspection that leads to a lower overall sales price
|$0 to Thousands||NONE|
|Appraisal Needed:||Yes, the sale is often subject to appraisal, if appraisal comes in to low, agents could ask you to lower your price||$0 to Thousands||NONE – We make cash offers|
|Average Days Until Sold:||+/- 90 Total Days||Thinking about holding costs, $$$||IMMEDIATE CASH OFFER|
|Number of Showings:||It Depends|
Lots of people at all times of the day and nights coming threw
|cost of you emotionally||1 (Just Us)|
|Closing Date:||30-60 +/- days after accepting buyers offer, buyers inspection, and appraisal||More holding costs $$$||The Date Of YOUR CHOICE|
|Who Pays For Repairs?:||Negotiated During Inspection Period, often it is you doing the repairs, hiring to have repairs completed, or lower the sale price||On average if you pay to have done $1000 to $10,000||NONE – We pay for all repairs|
Work The Numbers And See Which Way Helps You Get What You Want… and “Be Done”
When you sit down and really work the numbers you start to see the real benefits that each way of selling your Minnesota house offers. Most good people are just tired of more money going out the door and do not want to deal with all the people coming threw the house and repairs they are going to ask to be completed.
Yes, here at Minnesota Cash Home Buyers we won’t be able to offer you full retail value for your house… but we also offer other benefits to you that the traditional house sale route can’t offer.
From offer to close and cash in your hand in as little as 7 days
You want to get rid of the headaches of ongoing holding cost and sell of the property fast and avoid paying any more utility payments, tax payments, insurance payments, mortgage payments, you get the drill. Even if you are behind on these payments, often we can give you an offer that takes care of all those late payments. We make them go away. Or you list your house with a Realtor, do all the showings, open houses, and wait 90+ days to close… you have to figure in all of the costs of holding that property during the time you have that property listed and are waiting for the property to close. Then at the closing table when you turn over the keys to the new owners, lots of commissions and fees that drop that end price.
Don’t worry about fixing anything up or cleaning your house again and again for buyer after buyer
All those showing and open houses where people come threw with a polished agent makes even the best of us worry about how clean our house is or explain to the prospected buyer what things you wanted to repair, but did not have the time to money to do them. We don’t care how dirty your house is (we’ve seen worse!) or how many repairs are needed (a complete fixer? great! we love projects)... we’d like to make an offer on your house. This saves you time and money that you can keep in your pocket.
Don’t worry about paying those pesky closing fees (we’ve got you covered)
Because we are a full-service professional home buyer here in Minnesota , we make it easy for you. We pay for all of the closing costs. What we offer you is what you get, we want to keep it simple (of course minus any mortgage payoff or other encumbrances on the property). Pretty refreshing eh?
So when you add up the time you could save by working with Minnesota Cash Home Buyers, emotional relief of our hassle free experience buying your home, and all the hard working money you’ll save on commissions, fees, and holding costs while you wait to sell the traditional route… for many in our area, selling to a professional house buyer is the best viable option. wouldn’t you agree with them?
Is it for you?
See for yourself and get a fair all-cash offer on your as-is house Today.
Just fill out the short form below or give us a call at (612) 444-5088 and let’s chat! Our process is simple, we are here to take away some of the worries you have with selling your house, and you can close on the date of your choice. You have nothing to lose and much freedom of mind by getting an free offer (no obligations – no pressure). But, if you wait and do not act, you could potentially lose thousands of dollars or months of your time, all more stress to your life, by not giving us a try . Go ahead and test us by requesting your FREE house offer below. We are here to help you.
*An inspection contingency lets the buyer have time to do an inspection (normally 10 days) and back out of the sale, have you do repairs they feel need to be done before they will buy the house or negotiate a new price on the repairs that need to be done. If you can’t come to an agreement with the buyer, the buyer has the right to back out of the sale. This whole process that take 10 days for the inspection and up to another week or two in negotiate a settlement. Similar, a financing contingency gives the buyer the wiggle room to back out of the purchase if they can’t obtain a loan or if the home doesn’t appraise for the value that the bank needs to close the loan.
This means that the paperwork you sign they call a purchase agreement allows the buyer to back out of the home with just stating that the financing didn’t go threw or that the property did not appraise high enough for the mortgage company to accept the risk for the loan. This can all happen days before closing. Think about it:
- You list your home for sale
- Have months of showings and open houses
- Get an offer
- Negotiate a fair retail price
- After inspection, renegotiate a price or do repairs
- Get an appraise
- And the whole thing falls apart right before closing because of about anything
Here at Minnesota Cash Home Buyers, we don’t use bank financing so you don’t have to worry about our ability to close on a deal. We don’t play the games. We have cash, don’t require any repairs, will not renegotiate the price. We want to close on the house when you are ready to close.