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I hate to say it, but it depends on what your goals and objectives are. If you are not ready to sell your house immediately at less than the market value of your house if it was fully renovated you will probably not be able to sell your house for cash. Most of the people who are buying homes for cash are investors and investors expect to get discounts on their properties so they can make a profit. If you want to get the maximum amount for your home and you have time to wait, then cash for homes will probably not work for you. These investors will most likely not be willing to pay you the same amount you could get if you list your house with an agent, have them market it, hold open houses and wait for a buyer to show up. That is the traditional way of selling a house and some people are finding the passive way of selling houses just takes too long and there is too much competition for them to get paid fast enough. When you think about it, there are foreclosures in every neighborhood in America from the ghettos to the neighborhoods with multi-million dollar houses. If you want to sell, you have to realize buyers are comparing your house with those houses that are selling at bargain basement prices. If you aren't even competitive with the other sellers on the market your chances of selling are greatly reduced. On the other hand, cash for homes can work for you if you are ready to sell your house in the next month. These investors can make you a simple offer for your house and help you get rid of your property so you can move on with your life. Your level of motivation will determine how cash for homes will be able to work for you. If you are motivated to sell your house and ready to move on with your life they can be a blessing. If you need to get full asking price, there's a good chance cash for houses will not be a good option for you. Your best option will be to use the traditional methods of selling your house. This means you will list your house with an agent who specializes in selling houses in your area and allow them to do their job so you can sell your house.
Graham Gordon is a real estate investor and the founder/CEO of Boy Genius Enterprises, LLC a real estate investment company specializing in helping people just like you get back on track with their lives when we buy your house for cash. Simply put, we specialize in turning your problem property into fast ca$hola that you can spend however you want.
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