Are you thinking about selling your house in Memphis, TN? Chances are that you’re also considering the many costs involved. Selling your house in the housing market is how many people go about it but it comes with all kinds of costs. You have to consider all the costs before you list, what it will cost to clean and stage your house, what it costs to market your home listing, and much more. And that doesn’t even include real estate commission fees and all the closing costs. By the time you add all of it up, you’ll be lucky to walk away with anything close to the profits you were expecting.
The good news is that there is a different way to sell your house in Memphis that can cut down on the costs involved in a major way. When you sell your house as-is to a home investor like Fair Cash Deal, you’re getting rid of many of the costs included in the home buying process, not to mention saving yourself plenty of time and effort. Want to learn more about home investors and how they can help? Let’s take a closer look at what home investors are in Memphis and why you should sell your house to them.
Why You Should Sell Your House To Home Investors In Memphis
No Real Estate Agent Commissions
Let’s assume you decide to work with a real estate agent in Memphis in order to sell your house. That means they are going to take a commission fee for their services. That commission fee will likely end up being around five or six percent of the final sale price, depending on where you live and the agents you’re working with. So for example, if you sell your house for $200,000, the agent will take around $10,000 to $12,000 to split with the buyer’s agent. That’s a pretty big chunk of money, even if your final sale price ends up being less than that.
When you sell your house to a home investor like Fair Cash Deal, you avoid commission fees altogether because a transaction with us doesn’t require a real estate agent. There are no middlemen or third parties involved. You let us know you want to sell, we make you a fair cash offer, and then if you accept it we pay you in cash for your Memphis house.
No Repairs Needed
Even if you’ve maintained your Memphis, TN house well, selling on the housing market means you’re going to need to make some repairs in order to make sure it looks it’s best to buyers. You can put off repairs while you call it home but that’s not good enough for market buyers considering whether or not to buy your house. You’ll have to pay for a pre-inspection report to identify any damage that you’ll need to fix. You may find that making repairs are simple but you might also find out about major problems you didn’t know you had, such as termites or water and mold damage. As for the repair costs, that can run you anywhere from a few hundred to a few thousand, depending on what needs to be done.
The best part about selling to a Memphis home investor is that you’re selling the house as-is. You don’t need to make any repairs. You don’t need to fix anything. You don’t need to even clean up the house. We will buy the house in its current condition for cash and not require anything else from you. Don’t worry about doing anything to improve the house.
No Home Staging or Professional Photography
If you sell a house on the open market, you have to make the house look good for as many Memphis buyers as possible. A lot of those buyers are going to have a very different style than you. It makes your house look as appealing as possible for the widest audience but home staging companies cost a lot. That means everything from rearranging furniture to bringing in new furniture to altering your home decor. Costs involved often range between $2,000 to $3,500. And that’s before you worry about professional photos to make your listing really stand out from the crowd. The difference between pro photos and amateur photos is huge, so it’s worth the money, but it’s going to cost you for sure.
As you’ve probably guessed, when you sell to a home investor, you don’t have to worry about staging a house or getting great photos. At Fair Cash Deal, we’re interested in the potential of the property. What it looks like right now isn’t as important. So you don’t need to spend a dime making things look pretty. We’ll make you a fair offer exactly as the house stands.
No Need to Worry About Curb Appeal
Making sure your Memphis house is ready to sell on the housing market isn’t just about what’s going on indoors. It also means making sure the exteriors and outside property look as good as possible, too. Curb appeal is essential when you’re listed on the housing market because you never know when someone is going to drive by and take a look. That means you need to paint anything that needs it, freshen up the landscaping, repave the driveway, add some new fencing, and make sure the lawn is freshly mowed. If you don’t have the time to take care of it, you’ll need to hire someone who can.
As you’ve probably guessed by now, you don’t have to do any of that when selling to a home investor like Fair Cash Deal because we buy your house in its current condition. We don’t care what the shrubs or garage look like right now. You don’t need to clean or fix anything. We will buy your Memphis house as-is.
No Closing Costs To Consider
Closing costs vary but can include things such as insurance fees, appraisal fees, survey fees, credit report fees, transfer taxes, and title fees. Every market home sale is different but there’s a good chance you’ll also have to consider things like loan payoffs, prepayment penalties on previous mortgages, HOA dues, and many other costs that creep up on you. While it depends on a lot of factors, Memphis closing costs tend to be somewhere between $2,500 and $5,000 after taxes, which comes out to around two or three percent of the sale price. That’s a lot of money to watch go away.
You don’t have to worry about many of those costs when you sell your house to a professional home investor like Fair Cash Deal. So many of those items that are included in closing costs don’t apply when you sell your house to a cash buyer. You don’t have to worry about title fees or transfer taxes and you don’t have to worry about real estate agent commissions or anything like that. We offer you cash and then if you accept we pay you in cash within days. That’s it. It’s easy, simple, fast, and puts cash in your pocket right away. Contact us today to begin the process of selling your Memphis house to a respected home investor today.