Get an offer, close quickly!
In a cash sale there is no need to jump through all the hoops that a typical lender would ask from a borrower: loan applications, approvals, inspections, appraisals, etc. Processes that can take months to complete.
When we purchase a house for cash, we take care of all of the closing costs, back payments, liens, taxes – anything it takes to complete the purchase quickly. A traditional buyer with financing will usually take 45 to 60 days to complete a purchase. Most of this time is spent on the lender completing the procedures described above.
If a buyer is financing the purchase of your house, many times their lender will require certain repairs to be done on the house prior to approving the loan. Anyone that has ever sold a house can tell you that requested repairs can get out of hand and become very expensive. An advantage of selling to Sold ASAP is that we buy the house “As-Is.” Sellers don’t need to worry about paying for any repairs or making repairs themselves.
Homeowners must understand that selling your house cash to us means that there are a lot of costs that we have to incur in order to purchase it: typically 20% to 30% of its retail value. These are called “carrying costs,” and are factored into our purchase offer. Although this means our offer won’t reflect a retail price – sellers do have that advantage of not having to pay real estate commissions, closings costs, repairs, transfer fees, and the like. This translates to savings of tens of thousands of dollars.
If a homeowner has a significant amount of equity in their home and needs cash fast, this is an excellent option. If a homeowner does not have too much equity in their home or does not have the need for cash right away, then there are probably better options to put more money in their pocket. Call us and we will be able to explore every possibility.
They helped me take the existing equity of my old house to buy a new house. I retired to a new house with no mortgage!
When my mom passed, they helped by forwarding me a portion of the sale for expenses.
My husband and I were out of work, Sold ASAP helped us move and even advanced our deposit for our new place.
The house needed a ton of work, but they still offered me a very competitive price for it!
They advised us to wait 6 months for the market to go up. The wait helped us earn $10k more. We did not expect that level of honesty.
They bough my mom's house. We used the money to pay her medical bills and best of all, they allowed her to stay until her passing. Thank you.
I was due to be foreclosed on in 3 days. I called them up and they were able to get me out of it and made a significant amount from the sale!
We inherited a house with an underwater mortgage, they helped us with the sale and even managed to help us make a profit.
Selling a house with no equity is hard, I'm lucky I found you guys!
Get a fair and honest offer now.