Also, you may be stuck in a situation that is actually putting you in the red each month, or you may need cash to pay for an unexpected life event. Simply, there are many reasons you may be ready to give up on your rental property. If you are, we can help because we buy houses in Greenwood, Indiana.
We Buy Houses in Greenwood Starting with No Obligatory Quotes
Whatever the reason for your wish to sell, there are companies that buy houses in Greenwood that would love to speak with you. You have probably seen signs on the roadways or heard radio ads for such companies and been skeptical. Honestly, the process is not for everyone. However, it could be exactly what you need to unload your rental property, especially if you need to do so quickly.
Ben Buys Houses in Greenwood, Indiana and the surrounding area from owners that are fed up with a property that will not sell or need cash quickly. Our process works for many property owners because we make fair offers and aim to close in about a week – not months as is often the case if you work through a listing agent or attempt to sell by yourself.
Bad tenants can cause expensive damage to your rental. Because we buy houses in Greenwood as-is, you will not need to renovate or repair any aspect of the property. Such is not the case when working through an agent, which will require regular showings for potential buyers, not to mention the house sitting empty while on the market if you are forced to evict a bad tenant.
Overpricing your home or rental will cause it to stay on the market for a long time in Greenwood. Take a look at comparable properties in your neighborhood to see what they sold for and determine if the market is hot or cold. Then, price your house accordingly. Your listing agent should be able to help you determine a fair price for your house.
Our process works for many Greenwood sellers because it is quick, simple, and efficient. You will even save money because there are no fees for commission or financing. In fact, because we buy homes in Greenwood with cash, there is no need to involve a bank. We can eliminate all the hassles that come along with a financed sale, offer you a great deal on your property, take your house as-is and have you on your way in no time at all. Contact us today to see how we can help you.
If you are looking to unload a rental property, condo, or house that you no longer want in Greenwood, contact us to discuss if we would make a good fit for your situation.
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What Do I Need To Know When Selling My House for Cash?
If you want to sell your house quickly, you have probably thought about selling it for cash. Even though it is true that you can sell your house more quickly if you find a cash buyer, there are a lot of misconceptions people have about this process. For example, some people believe that a buyer is going to show up with a literal briefcase full of cash and hand it to you. That is not what happens.
Accepting a cash offer simply means that the buyer is not going to need a home loan to buy the house. Typically, the buyer will wire the full sale price to you directly, allowing you to save time during the closing process. What else do you need to know about selling your house for cash?
Do Your Research on Your Home’s Value
If you accept traditional offers for your house, the lender will require a home appraisal. This is important because it lets you know exactly how much your house is worth. With cash offers, nobody will require an appraisal, so you might not know exactly how much your home is worth. Without an official appraisal, it falls on you to do your research. Take a look at what similar houses in the area have sold for recently. This will give you a better idea of what the price of your house should be.
You Might Get the Home Inspection Waived
Another major benefit of accepting cash offers is that the seller might be willing to waive a home inspection. Because the buyer is not necessarily worried about financing falling through, he or she might be willing to forgo an inspection with a cash offer. This can save you time and money as you try to sell your house quickly. Always ask if the buyer is willing to waive the home inspection as part of the closing process.
There Is a Lower Chance of the Sale Falling Through
If you accept a traditional offer, the sale is contingent on the buyer finding financing. If the buyer doesn’t have a good credit score, or if the buyer does not have enough money to put down, the lender could refuse to finance the house, causing the sale to fall through. A cash buyer doesn’t need financing, so there is a much lower chance of the sale encountering problems.
Accept a Cash Offer To Sell Your House Quickly
If you want to sell your house as quickly as possible, consider taking a cash offer from a local homebuyer. Furthermore, you might be able to get more money for your home because the seller might not have to pay as many closing expenses. This more money goes into your pocket instead of to a local lender. If you don’t want to wait months for the sale of your house to close, work with a local home investor and accept a cash offer for your home.
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There are two terms people commonly confuse in real estate. The first is called a short sale and the second is a foreclosure.
Even though both terms are non-traditional sales, they are not the same things. What is the difference between them?
A Short Sale Is Selling Your House for Less Than the Loan’s Balance
If you sell your house for less than the remaining balance on a loan, this is called a short sale. For example, you may have
$250,000 on the home loan. If you accept a sale price for only $225,000 this is called a short sale. You did not collect enough
money from the buyer to pay off the balance of the loan. In most situations, your lender will have to approve a short sale
before it goes through. The lender does not want you to have a mortgage without a house as collateral, so they may veto the
A Foreclosure Is the Bank Forcing a Sale
If you miss multiple mortgage payments in a row, the bank could force you to sell the house. This is called a foreclosure. In a
lot of cases, the bank wants to get its money back as quickly as possible. Therefore, the house will go to auction. If the bank
forecloses on the house and sells it for more than the remaining balance on the loan, you should be entitled to the difference.
Understand the Difference Between a Short Sale and a Foreclosure
Even though a short sale and a foreclosure are both non-traditional ways of selling a house, they are not the same things. If
you want to sell your house as quickly as possible, consider reaching out to someone who will pay cash. You might get to the
closing table faster, and you could avoid expensive closing costs.
We Buy Houses Indianapolis – We’re Locally Owned and Reliable
We buy homes and all real estate types in any condition fast for cash throughout the Indianapolis area.
Trusted cash home buyers and companies with highly rated reviews in Indiana near me.
We will buy ugly houses and real estate as-is with cash for homes in Indiana.
Greenwood, IN, is located in Johnson County, IN. The town has grown quickly during the past few years. The population grew from less than 50,000 in 2010 to almost 60,000 in 2019. Greenwood is a popular place for people to live if they work in Indianapolis because the city shares a border with this metropolitan city. Greenwood is also bordered by the interstate and other major roads, which give people who live in Greenwood easy access to the greater Indianapolis metropolitan area.
Greenwood, Indiana, is a great place for people who like to spend time outdoors. The city is known for its litany of parks, including Northwest Park, Northeast Park, Freedom Park, Craig Park, and Children’s Garden Park. There are lots of hiking trails, biking opportunities, and aquatic activities, particularly during the summer. Youth sports leagues also have games at the park.
Real estate in Greenwood, Indiana, is also increasing in value quickly. As people move from Indianapolis to the suburbs, Greenwood has become a popular place to live. With numerous apartments, condos, and houses for sale and for rent, Greenwood, Indiana, is expected to expand in the future.