A fast sale of your house in Chicago to a direct buyer, offers a number of great benefits you won’t receive when listing your house on the local MLS. In this post, we offer 5 ways a fast sale of your house will benefit you from a financial standpoint!
Ask any investor and they will tell you how a fast sale of your house in Chicago is the best way to maximize your profits. Owning a house can be expensive when you factor in all of the holding and selling costs. Taxes, utilities, cleaning, and staging are just a few of the expenses you’ll face, and that is not including any agent commission you will be required to pay. Plus, when you list your house with a Chicago real estate agent, you will have no way of knowing when it will sell. It could take months to find a buyer and close, ultimately costing you thousands of dollars in the process! Keep reading to find out how a direct sale to Chicago Home Buyers will benefit you!
End Your Holding Costs
Owning a house can cost a lot of money. These costs will sting even more if you own a house you aren’t crazy about. When you list your house in Chicago, it could take months before a buyer is found. While your house sits on the market and throughout the escrow process, you will be the one having to pay the taxes, utility bills, insurance costs, maintenance expenses, and mortgage. The amount you spend owning a house can add up to a lot each month. If you are stuck with your property for the next several months, your holding costs can potentially add up to thousands of dollars. This is money you could be spending elsewhere.
Sell Without Making Repairs
Repairs on your old home can cost an arm and a leg. It can feel counterproductive to spend a fortune on a house that you are trying to get rid of. Plus, repairs are one of those costs that can spiral. What can start out as one small repair, can quickly turn into a high-cost project. When you choose to sell your house fast in Chicago, it will typically be sold as-is. You can either list it this way, where it will receive less attention than other properties on the market, or you could choose to sell it to a direct buyer.
Avoid The Stress
Listing your house with a real estate agent in Chicago can be very stressful. It is impossible to know when you will find a buyer and what kind of offers you will receive when putting it up on the local MLS. People who put their house on the MLS will also have to worry about sales falling through due to lack of financing or other contingencies placed in their potential buyer’s offer. The process can be a gamble and very stressful for those who want to move within a specific timeframe. A listing provides no guarantees, whereas a direct sale to Chicago Home Buyers will allow you to know exactly what you are getting and on what day. You won’t have to wait for a buyer or wonder if the sale is going to follow through at the last minute.
Don’t Miss Out
When your property is caught up in a listing agreement, you may see your dream property come and go. Having your funds tied up when they can be better used elsewhere is a difficult situation to be in. When you sell your house quickly to a direct buyer, you will be able to liquidate the property right away, freeing up your funds, and being able to use them elsewhere. Don’t miss out on a property you really want or on a better investment because you are waiting around for a buyer.
Get Out Of Debt Fast
Maybe you inherited a property or maybe your house has increased in value since you first bought it. For people dealing with unexpected bills or a large debt, a fast and direct sale of their house can provide the funds they need to pay off the debts they owe. We work with local homeowners who are dealing with a sudden illness, loss of a loved one, or who need to sell a house that is too large for their current needs. We always pay fair prices so you can get the cash you need from your home sale in Chicago.
Selling your house in Chicago doesn’t have to be stressful, time-consuming, or expensive. Some properties and situations are better handled by selling directly as opposed to a traditional listing. Find out which selling method will be best for you before committing to a buyer or an agent!