Can You Trust “We Pay Cash for Houses” Signs?

What’s the deal with those “We Pay Cash for Houses” signs? I’ll explain how these fast-cash companies really work.
 
Looking to sell your Bucks or Montgomery County home? Get a free home value report.

Looking to buy a Bucks or Montgomery County home? Search all homes for sale.

What’s the deal with the “We Pay Cash for Houses” signs?
 

I’m sure you’ve seen these signs around every now and then. These signs actually target certain types of home sellers: those in financial distress, those who can’t sell, those who are divorcing, those who have trashed or damaged their homes, and owners evicting tenants. 

These companies often don’t require a real estate commission. They claim they will save you money and boast about completing their sales in-house. 

If you want the most money for your house, hire an experienced real estate agent.

So how do these companies pay for your home?

We used to refer to these homes as EPs, or equity purchase companies. These fast-cash buyers deal solely with your equity position. Their strategy is to negotiate for the lowest possible price for your home.

You have to know what your financial situation is. If these companies are really there to take over a bad situation, they will possibly buy your home for less than it’s worth. These companies are not for conventional home sales.

If you are truly desperate, you may want to go that route. However, if you want to get the most money for your house, stick with a brokerage and an experienced real estate agent.

I am glad to answer any other questions you may have. Just give me a call or send me an email. I would be happy to help you!

Is Now the Time to Get Off of the Fence?

When is the right time to sell your home? Should you wait? Actually, now is a great time to put your home on the market and there are a couple of reasons why.

Looking to sell your Bucks or Montgomery County home? Get a free home value report.

Looking to buy a Bucks or Montgomery County home? Search all homes for sale.

When is the right time to get off of the fence? Should you sell your home now or should you wait?

If you want to sell your home, then this winter offers an incredible opportunity to do so. Current housing inventory is the lowest it has been in years, which means you don’t have a lot of competition on the market. Prices are strong, too.

“

Housing inventory is the lowest it’s
been in years.

”

We’re also in a period of low but rising mortgage rates. Buyers want to be able to get into a new home before rates go up again.

If you would like to know what your home is worth in today’s market, then give me a call. I know the local area very well and I talk to homebuyers every day, so I have a great feel for our current real estate market. Once we discuss the unique characteristics of your home, I will give you my best estimate of how you can get your home sold for top dollar.

Now is a great time to sell, so please don’t hesitate to reach out to me with any questions. I would be happy to help you!

Make a Strong First Impression With Your Bucks or Montgomery County Home

Looking to sell your Bucks or Montgomery County home? Get a free home value report.

Looking to buy a Bucks or Montgomery County home? Search all homes for sale.

Did you know that 88% of Bucks County and Montgomery County home buyers start their search on the Internet? For that reason we need to make sure you have a really great first impression online, because that's how people will decide if they're going to see your home or pass on it.

The first step is getting the home ready. We can talk specifically on a case-by-case basis about staging. We have a professional photographer come in, who will take high definition pictures. We don't want blurry photos or partial photos of rooms. Then we'll load the photos onto the MLS and 350 different websites for you.

“

88% OF HOME BUYERS START THEIR 

SEARCH ON THE INTERNET.

”

We also do something a little different - we shoot high definition video. It takes shots all the way from the ceiling to the floor, and you'll see different layouts. You want to show your home to interested buyers, so this way, someone will see your home and decide if they actually want to see it in person.

If you have any questions, please feel free to reach out to me.

What Should You Include in a Disclosure?

Looking to sell your Bucks or Montgomery County home? Get a free home value report.

Looking to buy a Bucks or Montgomery County home? Search all homes for sale.

What should you disclose to potential buyers in Bucks and Montgomery Counties? You want to tell buyers upfront about any defects of the property.

Although this sounds strange, you’ll need to include these details in the Seller’s Property Disclosure Statement. It’s a required form in the real estate process. Buyers will sign this document (after it's signed by the seller) before submitting an offer.

This is an opportunity to inform them of previous leaks and other discrepancies. You don’t want buyers to move in and find out these problems from a neighbor later on.
 
The disclosure includes positive features, too! Additionally, you’ll disclose any home improvements on this form. This could be an extension, room remodeling, a roof replacement, or similar projects. This helps buyers make a more informed decision. It’s better to disclose instead of hide!

If you’re thinking about buying or selling a home in the surrounding area, give me a call or send me an email. I’d be happy to help answer your real estate questions!