House Buyer2020-08-29T21:20:30+00:00

Sell to a direct House Buyer in Cincinnati.

Selling Your House Can Cost You Plenty!

Suppose you bought your house for $100,000. If you sell it for $150,000, do you really think you’ve made $50,000 profit? Think again! Before you even start the selling process, you’ve got some expenses to consider.

Repairs and improvements: Repairs can prevent devaluation of your home; the right improvements can increase the selling price or decrease taxes if you make a profit.

Advertising and promotion: If you sell your house yourself, you’ll need to spread the word. For a fee, web sites will put pictures of your house on the Internet; you’ll want to place conventional ads in local newspapers and neighborhood flyers, as well. A flat-fee MLS listing will reach buyers through real estate agents. Of course, you’ll need for-sale signs. Staging an open house or two will help (don’t forget the invitations, signs, coffee and doughnuts . . . ). Sell to a direct Cash Buyer in Cincinnati.

Prepayment penalty: Oh, yes! Even when you give them all the money and pay off your mortgage on the home you’re selling, they may charge you a “prepayment” penalty!

Moving costs: Well, you could just leave it all behind and start fresh. But that’s rather pricey, too.

All this is before you get down to transacting the actual sale. Fees vary, depending on your location, but whether you pay or the buyer does may be decided by negotiation. In general, though, here’s what you can expect:

Professional house inspection provides a report of the physical condition of the house. Buyers usually have their own inspection done, as well.

Get a ballpark offer via phone.

Pest-control inspection by a specialist, who prepares a report of the presence or absence of wood-destroying pests, such as termites, carpenter ants, and powderpost beetles, and documents any damage they may have caused.

Other inspections may determine whether the home is structurally sound or contains any environmental hazards (asbestos, lead-based paint, radon, or mold).

Homeowner’s insurance protects the property owner from losses due to fire, theft, or other catastrophes. Mortgage lenders usually require such insurance, since the property itself is their security against the loan. Specialty insurance protects against such risks as flooding and earthquake damage that aren’t covered by conventional homeowner’s insurance.

Closing-agent fee: The closing agent (a real estate attorney, a title company, or an escrow company) makes sure all documents and money related to the sale are properly handled, notarized, and disbursed.

Other closing costs include attorney fees. Estimate 1 percent to 1.5 percent of the selling price. (For a $100,000 home, that would be $1,000 to $1,500.) Closing costs also include:

  • Title search to uncover the history of ownership of the property and any liens, encumbrances, encroachments or easements it may have.
  • Title insurance to protect the lender and property owner from claims against the ownership of the property that were not disclosed in the title-search report.
  • Survey to identify the physical boundaries and characteristics of the property, including any structures, wells, fences, and utility easements.
  • Recording fees paid to the government recorder’s office that maintains the official public records of property ownership.

Cincinnati’s #1 Direct House Buyer

We Buy Houses in Cincinnati. Sell to a direct house Buyer.

Prorated property taxes and service fees, such as trash collection.

Transfer tax is imposed by some government authorities when a property changes ownership. Sometimes referred to as “doc stamps” because of the postage-like stamps that are affixed to a document to indicate payment of the tax.

Buyer’s mortgage-loan fees, in most states, are traditionally paid by the seller. Estimate 1 percent to 1.5 percent of the loan amount. (On a $90,000 mortgage, figure $900 to $1,350.)

https://thecincyhousebuyer.com– Cincinnati’s #1 Direct House Buyer

Real estate brokerage commission can easily be your biggest expense; it’s usually a percentage of the selling price.

  • If you list your home with a real estate agent, expect to pay between 6 percent and 7 percent of the selling price ($6,000 to $7,000 for a $100,000 home).
  • If you sell the house yourself, but you accept the offer of a buyer brought to you by a real estate agent, you will probably have to pay half the fee, or 3 percent to 3.5 percent of the selling price ($3,000 to $3,500 on a $100,000 home).

Although you can limit your selling costs by stipulating in the sales contract the maximum amount you will pay toward the buyer’s mortgage costs and other closing fees, your agreement with the real estate brokerage is a separate contract.

Of course, you can advertise the home yourself, and find a buyer yourself, and pay nothing to real estate agents. But, as you can see, selling your home is still an expensive undertaking. If you haven’t got any cash to spare, and you need to sell your home quickly, you should consider private home sales. Sell to a direct cash buyer in Cincinnati today. 

In or near Cincinnati, Mitch Painter can pay cash for your house, as is: no costly repairs, no hassles, no brokers, no selling fees. Cincinnati’s #1 Direct House Buyer Ask us for a quote.

We Buy Houses In Cincinnati, OH.

We’ve already bought more than 650 houses in Cincinnati. If you’re ready to sell, then We Buy Houses Cincinnati would like to make an offer for yours.
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Cincinnati Property Twins Mitch and Matt Painter buy houses “as is.” You don’t need to make repairs or improvements of any kind (our partners handle that). Revitalizing Cincinnati homes is a passion of the Painter twins, who believe in making it super easy for sellers to sell. They understand your need for execute quickly and can close in 10 days. If you’re looking for cash home buyers, Mitch and Matt are ready to do business with you.

“Mitch and Matt Painter made me a fair offer and bought my house very fast. They didn’t have to get a loan and were able to close right away. They were easy to work with and I was happy with the experience. I would recommend the Painter twins to anyone looking to sell their house.” -Jennifer Sharon

Why Sell To Us?

We buy houses “as is.” You don’t need to make any improvements (our partners take care of that end). Revitalizing Cincinnati homes is a passion of the Painters, who also believe in making it incredibly easy for sellers to sell. Bid lengthy closings goodbye. We understand your need for faster execution and closing. If you are looking for a direct house buyer, your friendly cash home buyers, Mitch and Matt, are more than happy to help!

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Frequently Asked Questions

Why don’t you care if my house is a mess?2020-08-16T23:17:40+00:00

In almost all cases, the houses the Painters buy are going to be renovated. As we said on our home page, we buy the good and the bad. Room dimensions and overall layout of the house are among the most important factors. Other major considerations are the age of major systems, including plumbing, electricity, and HVAC. Cosmetic repairs are of no concern; we simply expect to clean out and repair any property we buy. We often suggest sellers take only the belongings they wish to keep and leave the stuff they don’t want, to make the selling process as easy as possible for them.

What if my property is in probate?2020-08-16T23:20:34+00:00

The Painter twins specialize in probate property. We’re very familiar with the process and can work through it with you. We can easily make our purchase contingent upon approval by a probate court, to relieve you of worries about being held to the contract if the probate court doesn’t release the property. We’re very flexible with our timing as well. If your probate case takes longer than expected, or you need more time for any reason, no problem. Call or text us at 513-445-2274 or respond here to begin the process of having the Cincinnati Property Twins buy your probate house.
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Is We Buy Houses A Scam2020-09-08T16:58:05+00:00

Lots of “We Buy Houses” and “Sell Your House Fast For Cash” companies are operating these days. But unlike the majority of house buyers, the Painter twins use cash or an existing line of credit to buy houses. Because of this, they can close in as little as 10 days. Mitch and Matt Painter make it easy for Cincinnati property owners to sell a house “as is” – fast! They have a proven track record of buying houses for cash and the reviews to back it up. If you want to quickly sell your house, the Cincinnati Property Twins make it easy.

Get a free online quote.

 

I need to sell my house fast, for a fair price. What’s in it for you?2020-08-16T23:17:11+00:00

The Painter twins are Cincinnati real estate investors who buy houses needing renovation – and TLC. They buy at a fair price and have partners make each property “like new.” From there, the house is sold at a reasonable profit. Each renovation project takes significant capital, risk, and hard work. The average project takes 3-5 months to complete. The Painters tend to pay more than other buyers, and are able to buy homes without having to get a loan.

How does your selling process work?2020-08-16T23:18:34+00:00

The Painter twins make it easy for Cincinnati property owners to sell a house “as is” – fast! Call or text us at 513-445-2274 or respond here to give us some basic information about your property. From there, we’ll typically be able to make a ballpark offer with 24 hours, even if we don’t initially get the chance to see the inside of your house. Once we agree on a price, we’ll sign a simple one-page purchase contract and set up the closing. All you have to do is show up to add your signature on the day of closing. That’s all there is to selling your house for cash!
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How come you don’t need to get financing to buy my house?2020-08-16T23:18:04+00:00

Unlike the majority of buyers, the Painter twins use cash or an existing line of credit to buy Cincinnati houses. Because of this, they can close in as little as 10 days. This means sellers avoid surprises – like a problem securing financing, and thus, a deal falling through – and receive their cash very fast. Since the Great Recession, it’s become more difficult for buyers to get financing. That’s why it’s often risky to sell to a buyer who needs to get a loan.

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