We Buy Houses Cincinnati – Sell The House Directly to A Cash Buyer
Selling your house can cost you plenty. For example, suppose you bought your home for $100,000. If you sell it for $150,000, think you’ll make a $50,000 profit? Think again. Before you even start the selling process, you’ve got expenses to consider. We buy houses Cincinnati even if it’s in foreclosure – but we have different costs we have to consider.
Repairs and improvements: Repairs can prevent the devaluation of your home, and 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 to a we buy houses company, you’ll need to spread the word. For a fee, website owners will put pictures of your house on the internet. You may want to place conventional ads in local newspapers and distribute flyers around the neighborhood. 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 also help (don’t forget the invitations, posters, coffee, and doughnuts).
Prepayment Penalty: Even when you pay off the entire mortgage balance on the home you’re selling, the mortgage holder may charge you a “prepayment” penalty.
Moving Costs: You could sell or donate everything and start fresh, to avoid what could be hefty moving costs. But that can be rather pricey.
On top of all this are the costs relating to the actual sale of the property. Fees vary, depending on your location. Whether you or the buyer pays may be decided by negotiation. In general, though, here’s what you can expect:
Professional house inspection provides you with a report of the physical condition of the house. Buyers usually have their inspection performed as well.
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Close and get your cash in 10 days
$0 Realtor Fees
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The Painters pay fair market value
They’ll buy your house “as is”
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Leave any junk you don’t want
Selling Your House Can Cost You Plenty!
Pest-control inspection by a specialist who prepares a report on the presence or absence of wood-destroying pests such as termites, carpenter ants, and powderpost beetles. Included in the notification is documentation of any damage they may have caused.
Other inspections may determine whether the home is structurally sound or contains any environmental hazards (e.g., 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. In addition, specialty insurance protects against such risks as flooding and earthquake damage that aren’t covered by conventional homeowner’s insurance.
The closing agent (a real estate attorney, title company, or escrow company) ensures all documents and money related to the sale are properly handled, notarized, and disbursed.
Other closing costs include attorney fees. Estimate 1%-1.5% of the selling price. (For a $100,000 home, that will come to $1,000-$1,500.) Closing costs also include:
Title search to uncover the property’s history of ownership and any liens, encumbrances, encroachments, or easements it may have.
Title insurance protects the lender and property owner from claims against the property owner that were not disclosed in the title search report.
Survey to identify the physical boundaries and characteristics of the property, including any structures, walls, fences, and utility easements.
Recording fees are paid to the government recorder’s office that maintains the official public property ownership records.
Prorated property taxes and service fees, such as trash collection.
Transfer tax is imposed by some government authorities when a property changes ownership. They’re sometimes called “doc stamps” because of the postage-like stamps affixed to a document to indicate tax payment.
The seller traditionally pays the buyer’s mortgage loan fees in most states. They’re estimated at 1%-1.5% of the loan amount. (On a $90,000 mortgage, figure it’ll come to $900-$1,350.)
The real estate brokerage commission – usually a percentage of the selling price – can easily be your most significant expense.
If you list your home with such a company about we buy houses Cincinnati then expects to pay 6%-7% of the selling price ($6,000-$7,000 for a $100,000 house).
If you sell the house yourself but accept the cash offer of a buyer brought to you by a real estate agent, you’ll probably pay half the fee or 3%-3.5% 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’ll 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 and find a buyer yourself and pay nothing to real estate agents. But as you can see, selling your home is still an expensive and detailed undertaking. So if you don’t have any cash to spare, and you need to sell your house fast for cash, consider a private home sale to Mitch and Matt Painter, the Cincinnati House Buyer twins. Complete the form or call/text 513-360-8120 to receive a ballpark offer.
Words of Encouragement from Mitch for Sellers of Cincinnati Properties that Need Plenty of TLC
“We buy houses Cincinnati “as is.” As a result, there are no modifications required. The Painters are committed to rejuvenating Cincinnati houses and believe in making the selling process as simple as possible for homeowners. As a result, the Painters were able to put an end to their worries about lengthy closings. Mitch and Matt are well aware of your desire for a quick response. If you’re looking for an actual property buyer, these cash home buyers are ready to help.”
Why Owners Who Say “I Need to Sell My House Fast for Cash” Choose Cincinnati House Buyer Twins Mitch and Matt Painter.
“It was a relief that I didn’t have to deal with a realtor who often pressures you. (This was) much easier. I felt very comfortable knowing that there was somebody with me every step of the way. Cincinnati House Buyer and their team members are really experienced. Highly recommended”
– Bob Hamm
“I had a lot of stuff and didn’t want to put things in storage while strangers rummaged through my house. A tremendous advantage was not paying a broker commission. It was a cash deal without bureaucratic stuff. I had a great experience. (The Painters) stay with their word.”
– Tony Phillips
“The experience was great. One meeting with Matt and it was obvious he was a straight shooter. Working with him was a pleasure. The fact that they were local was a big deal. If I had another property, I’d show it to the Painters before I did anything.”
– Lou Peerless
Complete This Easy Form to Get Your Guaranteed Ballpark Offer
Complete This Easy Form to GetYour Guaranteed Ballpark Offer
Regardless of your property’s current condition, we guarantee to send you a ballpark offer via phone, text, or email within as little as 24 hours. Matt Painter is a licensed real estate agent, but the Painter twins aren’t hoping to get your listing. They want to buy your property.
Why Sell To Us?
We buy houses “as is.” You don’t need to make any improvements. Revitalizing Cincinnati houses is a passion of the Painters, who also believe in making it super easy for sellers to sell. The Painters end worries about lengthy closings. Mitch and Matt understand your need for fast execution. If you’re looking for a direct house buyer, these cash home buyers are ready to help.
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 the 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 home selling process as easy as possible for them.
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 513-360-8120 or respond here to begin the process of having the Cincinnati House Buyer buy your probate house.
Many “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. So if you want to fastest way to sell your home, the Cincinnati House Buyer twins make it easy.
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.
The Painter twins make it easy for Cincinnati property owners to selling 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!
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.