The real estate investment companies that we buy houses for cash in Philadelphia use deceptive tactics to swindle longtime Black homeowners. These “opportunity investors” pressure sellers to accept offers that are far below the real value of their homes, and often deduct 10% in repairs from the offer. While the lowered offer may look tempting, there’s usually no room for negotiation.
How much house can I get for $2000 a month?
The best way to get the best price for your house is to sell it on the open market. A cash home buyer will appraise your home, make an offer, and close the transaction quickly. After closing, the Philadelphia We buy a house in philadelphia for Cash company will make the necessary repairs to sell the house for a profit. The cost of extensive repairs can take months and cost tens of thousands of dollars. However, a cash buyer can get you a far better price than you could get from a conventional real estate agent.
If you’re selling a property, it can take months, if not years, to sell it through traditional channels. However, you should remember that traditional sales can add additional stress to the process. Traditional buyers may fall through on financing, worry about inspections, and have trouble closing a sale. The sale price for a traditional sale will also be less than the asking price.
If you’re selling your house in Philadelphia, you may want to consider the open market. However, you’ll have to pay a commission and closing costs. You can also try to sell your house yourself, but a cash buyer may not be willing to pay you more than 70% of the home’s value after renovation. Another option is to list it with several companies, and receive cash offers for your home.