Selling a house directly to a cash buyer to buy your home instead of listing on the market circumvents the traditional home sales method and has become more common; it involves locating and is gaining momentum for many reasons. Some would prefer to do the work and pocket the commissions themselves, while others simply want to avoid the hassles of the traditional process, including the showings. Time may also be a motivating factor if a job or personal matter forces a move to a new location or financial circumstances have changed. Finally, some decide to sell directly because of the convenience of the process, which is streamlined and speedy. No matter the challenges you face with selling, a direct sale may be your solution.
It only makes sense that you have concerns about making a misstep that could cost you profits, time or additional stress. By taking the time to understand the most common errors sellers make, you can put yourself in the driver’s seat and feel secure about the method you choose to sell your home. So read on as we explore three mistakes you should avoid when selling your house directly in Silver Spring.
The Value
While the emotional value you place on your home is understandable, it rarely equates to the current market value, which makes it a fairly common mistake and one you should avoid when selling your house directly in Silver Spring. Instead, you can better understand the current market value of your home by comparing it to recently sold properties that are the most like and nearest yours. Then, of course, you’ll need to make adjustments, up or down, for the value of any property differences. Many other factors are at play in determining the value of a home, such as the property’s location, style and age, and its conformity to the neighborhood. Professional buyers like those at NEH Property Solutions want sellers to make an educated decision about the direct sale of their house. At NEH Property Solutions, our professional buyers help you understand the current market value of your house, comparing what you could profit from with a traditional listing and then making you an offer that you’ll agree is fair for a direct sale. Another plus of working with professional buyers at NEH Property Solutions is that you won’t incur any expenses for prepping and repairs because we buy houses as-is for cash.
The Contract
Another thing you should avoid when selling your house directly in Silver Spring is not getting everything in writing, especially oral agreements. Enforcing these agreements without having the details written out can be challenging. With everything spelled out clearly in writing, you’ll avoid conflicts and misunderstandings and ensure each party is on the same page with the expectations and responsibilities placed upon them therein. Professional buyers like those at NEH Property Solutions lay out the details of the contract in writing and never pressure sellers to sign quickly before your attorney can review the document. In addition, our professional buyers at NEH Property Solutions provide a guaranteed closing date, often in just days or, because they won’t be moving in, they’ll work with you so that you’ll only have to move once, allowing you to set the most convenient closing date. Another plus of working with the professional buyers at NEH Property Solutions is that you won’t pay any closing costs because of the built-in streamlined efficiency of our in-house professionals handling every aspect of the transaction.
The Buyer
Not taking the time to research the cash investor you select to work with is another thing you should avoid when selling your house directly in Silver Spring. It’s essential to check the background, track records and credentials to ensure they’re legitimate. Professional buyers like those at NEH Property Solutions have a strong track record of successfully closing real estate transactions. At NEH Property Solutions, our highly regarded professional buyers at NEH Property Solutions invite you to check our reviews and reputation. When a professional buyer from NEH Property Solutions buys your house directly, you can be sure of the financial resources backing the offer.
The best way to avoid making any mistakes when selling your house directly in Silver Spring is by working with professional buyers at NEH Property Solutions. So talk to one of our professional buyers at NEH Property Solutions today about how we can save you time and money and avoid making costly errors with the sale of your house. At NEH Property Solutions, we’re happy to answer your questions without any obligation about the unique features that add value or any concerns about the condition of your property. At NEH Property Solutions, every member of our highly regarded team of professionals lives and works in Silver Spring. At NEH Property Solutions, we operate with total transparency; we’re your neighbors who care about our community and the people who live here and want you to feel good about working with us long after the closing. Contact NEH Property Solutions at (301) 442-2368.