Remove Closing costs Remove Due diligence Remove Renovation Remove Short sale
article thumbnail

Find Real Estate Cash Buyers for a Speedy Sale

HomeLight

Investors making a cash offer are more likely to purchase a house as-is , so you can cut costs for renovations , staging , and curb appeal projects. When you add in agent commissions, you could save an average of $31,000 in selling costs, according to HomeLight data. Sell your home without the headaches and hassle.

Sales 96
article thumbnail

Buying REO Homes? Here’s What to Do — And What Not to Do — According to Experts

HomeLight

What will it cost to renovate it so you command either market rent or a sale at a price that represents a margin you’re comfortable with? That gives us some breathing room for closing costs, holding costs, and selling costs, while still having the ability to make a reasonable ROI,” he says.

Banks 104
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 of the Top We Buy Houses For Cash Companies in New Jersey

HomeLight

Maybe your company is transferring you from Atlantic City to Las Vegas, and you don’t have time for a lengthy home sale process. Lauderdale, but they can’t make renovations on their aging row house. Closing dates are set at the seller’s discretion, and they can have cash in hand within 7 days. Individual investor fees may vary.

article thumbnail

Flipping Houses in New York: 5 Cities to Consider

HomeLight

Typically, they buy distressed properties — either short sales, foreclosures, or homes that need significant work — fix them up, and sell them for a profit. Generally, I start from the back — what is the after-repair value (ARV) when the house has been fully renovated? Find a Buyer's Agent What is house flipping?

article thumbnail

How to Get Cash for Your Home: A Step-by-Step Guide

HomeLight

They can purchase a property at a discount, providing value through a quick sale to the owner, and leverage their funds and expertise toward a profitable renovation. This gives us a good idea of the condition of the property, so we know where we can provide value in the sale. In need of renovations or updates. Good bones.