There are many things to consider when choosing the right offer for your property. The best offer may not be the highest. In our latest post, we will offer tips to help you choose the best offer for your Houston house.
Having multiple offers or different options when it comes to selling your house is a dream come true! Every home owner selling their house would love the problem of trying to decide between multiple offers. However, you may want to employ some strategy when deciding which of the offers to pick. Now just because the offer looks good on paper, doesn’t mean that it is the right one for you. Keep reading to learn more about some things to consider when deciding which offer to accept for your house in Houston.
#1 Tip – The Actual Profits
When looking at a written offer, it is very important to consider all of the costs you will incur at the closing table or before, and deduct them from that offer price. This will give you a good idea of where you stand in the end regards to money in your pocket. A few things you might want to think about will be your closing costs which will run about 2-5%. Are you leaving appliances or furniture behind when you move, these items may need to be replaced, which is an additional cost you will encounter after the sale. Also you should factor in the cost of repairs needed in order to sell (concessions in the contract) . You will likely have to make some repairs upfront and a few more after the inspection has been completed. Keep in mind, if you sell your house directly to The Aida Group, there are no repair or closing costs to worry about.
#2 Tip – How They’re Buying
There are a few buyers that will pay cash, without the requirement of getting a loan, while most will need to talk to they bank of financial institute go get a loan. Now cash buyers are often favored by sellers due to the faster closing speed and less red-tape buying with cash provides. Their offer is much more likely to go through as they are not bound by the results of an appraisal or lender guide lines. Banks pull funding all the time because houses don’t appraise high enough or the buyer has issues. If your buyer is using bank financing to acquire the home, make sure they have been pre-approved for the amont of the house so you don’t have to wait even longer for the approval process. Please note, that being pre-qualified is totally different than being pre-approved. With a direct sale to The Aida Group, you won’t have to worry about any hassles or waiting. The funds are available to purchase your Houston house as soon as your are ready to close, without any hassles or waiting. Our process is extremely simple and straightforward, with no red-tape to worry about. Here is how our process works.
#3 Tip- The Timeline
How soon can we close on the house? Because the faster it is the less holding costs are, that means more cash in your pocket. Ask any investor and they will tell you that once you have decided to sell, the longer you end up holding a house, the more it is costing you. Your costs of ownership adds up each day. Utility bills, property taxes, homeowners insurance, standard repairs, and maintenance are a few of the costs you will have to pay till the home closes. Once you add up all of the costs you will be paying month after month, your total could be in the thousands. By selling your house directly to The Aida Group, you’ll be able to close quickly and eliminate your holding costs altogether.
#4 Tip – Buyer Intent
Do you want to make sure your home goes to a good buyer that will take care of it? Many people get attached to their property, and with good reason. It has likely been the place of many memories and laughs. It has been a part of you for a long time. When selling your Houston home, you want to find a buyer who will love the home as much as you do, this will give you the peace of mind needed in order to sell confidently. When deciding which offer to accept for your Houston house, learn more about the people who want to buy it and why. What are their plans for the home? Are they planning to live there and love it as you did, or are they wanting to tear the property down for something better? Remember, it is NEVER OK to discriminate, but you do have the right to decide which offer is right for you! When selling your Houston house, it’s nice to have the peace of mind in knowing that the new owner will love the property as much as you do.
When choosing the best offer for your Houston house, it’s important to consider more than just the price. The selling timeline, method of purchase, and intent of your potential buyer can all have an impact on which offer you ultimately choose. To learn more about the costs and alternate ways you can sell your house in the Houston area, feel free to reach out to us at any time.