Hold On! What You Must Know About Selling a Home Fast in San Antonio

Sell House Fast Posted on February 28, 2020 Posted by Will

Over the years, we’ve all seen the scribbled handwritten signs in ALL-CAPS at your home-bound intersection – “Will Pay Cash for Houses!” Never have you given them a thought but lately you’re wondering – “just how good a deal can they offer…what’s tha catch?”

What are these various business models, and what’s your best play as a San Antonio homeowner looking to sell your house fast?

At a Glance San Antonio Fast Home Buyers

Investors paying cash for houses and then selling them for a profit is no small venture. The National Association of Realtors estimates that since March 2019, about 21% of residential sales are all-cash transactions.

Selling your house to an investor for cash can be likened to trading in your car to a dealership – when looking to sell, you can certainly do it yourself by making it all shiny and clean, putting it up on Craigslist, and organizing your valuable time to conduct test drives. However, just taking it to the same dealership where you’re buying your next car is easier, right?

Who are these San Antonio Cash Buyers, Anyway?

Cash buyers are individuals or entities that buy your house outright and all at once, without lender or bank financing or contingencies.

Selling your home to a cash buyer allows you to skip the home prep, staging hassles and showings, and allows for a closing timeline that YOU CONTROL. As a result, you get more freedom to coordinate the purchase of your next residence so that you can move onto the life you want.

But, and it’s a BIG ‘but’, not all San Antonio fast home buyers have the same conditions and investing strategy. Let us say – before reading any further – and before deciding to sell your house in central Texas for cash you must read on, from start to finish. It exposes some good, but more importantly, some bad about the industry we feed our family from.

Luckily, FixerUpper4Cash never waivers in 100% transparency and is here to help you however possible, even if that means we don’t buy your house. Let’s get started and in so doing we’ll quickly define the categories of real estate investors:

San Antonio Buy & Hold Investors

These investors purchase your San Antonio home for cash and convert them into rental properties. Within this category you typically find individuals or small locally owned cash buyers who purchase the property for (most often) passive income. When selling to buy-and-hold home investors, you have more flexibility in closing dates, you’ll likely get a better offer than if you were to sell to a house flipper, and they often pay more than market value. FixerUpper4Cash is one of these real estate investors.

House Flippers Alamo Town

Think HGTV’s Chip and Joanna Gaines…just not in Waco. These investors buy homes which typically are in poor condition and because of that condition, their purchase is usually at a lower cost. The intent for Chip and Joanna types is to renovate the house and then sell it for more than they put into it.

iBuyers in San Antonio

One of the biggest (and newest) players in the San Antonio sell house for cash world is the tech-savvy and data-driven iBuyer, short for “instant buyer.” iBuyers use non-personalized, inanimate automated valuation models (AVMs) that make offers on residential homes that are typically in better condition.

Since iBuyers usually make less profit per flip, their business is more reliant on turning over a high volume of homes using technology to streamline operations.

As for the seller? There’s no staging, you avoid the long-drawn-out traditional home sale process and can close in a matter of weeks…not days like FixerUpper4Cash fast home buyers in San Antonio. iBuyers generally offer slightly better pricing, up to 98% of fair market value, while charging sellers a fee around 7%-10% plus the cost of necessary repairs.

Yikes! But they do come with your own personalized robot who communicates with you about selling your home. Yikes!

6 Things You Must Know Before Selling Your House for Cash in San Antonio

1. FixerUpper4Cash Will Buy Your House for Cash

And if we can’t, we’ll match you with the right, trustworthy people who will get your place sold for what you need. And in so saying, 91% of homeowners in 2018 chose to list their house the traditional MLS way. The reason for this is that it typically nets a seller the highest price point possible, that is unless FixerUpper4Cash is involved when you sell your house for cash – we often can pay more than market value!

Anyhow, back to why so many choose the traditional process – realtors help get a house prepped, coordinate showings, may help get it ready for market and guides them through negotiations and closing. FixerUpper4Cash buys San Antonio houses for cash and in the event that a fast sale takes precedence above all, you can count on us as your fast home buyer in San Antonio.

Fill Out Some Very Basic Info about your home and location and we’ll reach out to learn more. That call takes 5-minutes. After that, within 2-hours we’ll provide you with many options for selling your house. From there, you can compare what you’d get for your house by selling to cash buyers against an estimate of what your house would go for selling with a realtor.

Hey – It’s good to have choices!

2. Fast Local Home Buyers Will Purchase Your House As-Is

If your home needs significant repairs before you list it, a cash offer might look pretty appealing because real estate investors FixerUpper4Cash will buy any home “as-is.” Our motto is the more issues, the bigger the problem, the more we can help you succeed at selling a Fixer Upper.

And don’t overlook the typical fees when selling traditionally – closing, realtor, escrow, title, recording, attorney, and a litany of others. Add in repair costs and it can become overwhelming. That’s where you must determine if the expense, time, and headache necessary to repair your house is “worth it”. If you decide you just can’t take any more, the good news is that we will absolutely by a Fixer Upper house in central Texas – and pay you a pretty penny for it.

3. Home Sale Contingency Clauses

Contingencies in home sales can absolutely destroy a deal from happening and thus your ability to move on. Contingencies, simply stated, are “get-out-of-jail-free” clauses that do a lot to protect buyers but are burdensome for sellers. The fine print might say something like:

  • Offer is only valid if the buyer’s current home sells within three months.
  • Offer is only good if the inspection doesn’t turn up a cracked foundation.
  • Even if the bank has approved it, the offer is valid only if the mortgage lender chooses to close the loan (i.e. the buyer can blame someone else).

When You Sell To We Buy Ugly Houses Investors FixerUpper4Cash

You will absolutely be absolved of this worry. We pay cash for houses. We close on your schedule. And we buy houses in poor condition. Essentially – we’ll buy whatever you send our way and without a certified home inspection! What will we offer you? Find out in just two-hours!

4. How Cash Home Buyers Finance a House

First, it’s pleasantly different. The reason home sales take forever is that banks get involved. If your traditional buyer must borrow money (or even worse, close on their existing house first), you’re on their timeline and they couldn’t care less about yours. All-cash home purchases close quickly because we don’t have to deal with lenders at all. We’re fully financed cash home buyers who buy houses near you! Go ahead and contact us and that “little” finance hiccup you’d otherwise experience is totally avoided.

5. Selling Your House for Cash is Quicker & Easier

Why? Because that’s what we do – we help people by buying their house fast. Moreover, you don’t have to go through all the primping of listing your home for sale. No need to worry about staging or hiring a pro photographer or figuring out how much time you’ll have to take off from work to accommodate showings.

Ugly house buyers are so much easier because we don’t need to put you through certified home inspections. No need to make time consuming home repairs either. And did we mention that you completely bypass the lending contingencies? Call us at the number above, we’ll ask some basic questions and within 2-hours, you have your offers. You can take it or not, and you can be free of your house within 7-days.

6. Avoid Sam the Scam in the ‘Sell Your House for Cash’ Biz

Even though selling to San Antonio real estate investors can be more appealing, you must still do your homework to avoid scams in the sell your house for cash business. We’ll be the first to tell you that we’re not proud that some in our industry revert to shams and scams – they’ll eventually get what’s coming to em. To ensure your vigilance, here’s some tips to avoid these scoundrels:

Start by looking for the investor’s website. Do they even have one? What information is on there? Is it helpful or is it irrelevant? Does it give information about the pros and cons of selling your home to real estate investors in Bexar County…or is it one sided? Do you find testimonials or evidence to substantiate they’re experienced real estate investors?

Call their office – is the person helpful and respectful of your time? Does the person sound knowledgeable? Ask about their process and how they will work with you. This alone, will tell you all you need to know about their legitimacy. Finally, ensure that you never give money to an investor until the day of closing. If for some reason money is needed up-front, deposit funds with the title company.

Quick Facts to Know About Selling Your House for Cash

What is the Cash for Houses Business Model?

An opportunity to sell your house directly for cash, skip the hassles of stagings and showings, and close within weeks. Local buyers FixerUpper4Cash will make your house closing happen in 7-days max.

What’s You Should Do to Sell Your House Fast?

It starts with contacting and working with a professional home buyer, San Antonio. If you need your house to sell fast, then FixerUpper4Cash is your go-to “play”. Even if you don’t need to sell fast, we can still offer you more than market value in most instances. So, what’s the catch? Like your social media relationship status, it seems complicated, but it isn’t and we’ll walk you through all your house selling options. We’ll even help find your new place, coordinate your move, and pay to get you relocated. Sound like a plan?

Pro-Tip: Get Local Housing Reports Online. Want Your MLS Comps Report?

As a locally owned real estate investment company, we subscribe to online local housing reports. We also regularly buy and sell houses and have a good grasp on the overall condition of the real estate market. If you‘re looking for info on how to sell a house without a realtor, or even if you’re looking to sell with a realtor, we’ll provide you with local market reports and answer any questions you have.

Best of all, we’ll do this 100% free and with no obligation from you. Fill out our form to get in touch!