iBuyers are real estate companies that buy properties at a discount directly from home sellers and resell them for a profit to home buyers. They advertise catchy phrases like “Instant cash offer” or “get cash for your house today.” While this may sound attractive to someone who really needs to get out from under a mortgage or needs to move to start a new job, it’s a good idea to take a closer look and know what you’re getting into. So, we did some research for you.
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Sell Your Home
There’s much more to selling a house than having a selling price and a close date. If it was a simple thing, it wouldn’t require an 18-page legal document with almost 100 paragraphs of legalese. The contract outlines who will do what, who is going to pay for it, when will it be done, and what happens if it’s not done. Additionally, there are dozens of pages of forms, advisories and disclosures, along with all the legal documents from escrow and title.
When you put your home on the market, the one aspect that usually comes to mind is profit. Without a doubt, every seller's main goal is to sell their home for the best possible price. However, in an effort to get the best deal possible, many sellers fall prey to myths about home pricing that don’t reflect the current real estate market.
Selling a home is no different from buying your first. It can be complicated, time-consuming, and emotionally challenging. There’s no way you can just let go of your precious abode and easily trade your house keys for a sweet pile of money.