How to Sell a House Without a Realtor in Stockton
Are you planning to sell your home in Stockton? Many homeowners turn to real estate agents to help them get through the selling process, which can be stressful and complicated. However, if you decide to work with a realtor, you should know that realtors usually charge a 6% fee. For example, if you are selling a home for $250,000, you will probably pay about $15,000 in fees. The good news is that you do not have to hire a realtor. You can sell your property using other methods, and one of them is selling a home to a home investor.
Find a Reliable Home Investor
Finding a reliable home investor is the first and the main step in the process of selling your home without a realtor. You can use different methods to do this. One of the easiest and most effective methods is using local websites like Yellow Pages or Craigslist. You can also contact the local records office, which has all the detailed information about all home investors registered in Stockton. In addition, you can also reach out to the Real Estate Investors Association, where you can get a list of cash buyers. One more option is talking to local realtors, who may also know reliable cash buyers and can give you their contact information.
Get a Cash Offer
After a cash buyer is found, you should contact them and schedule a viewing of your property. After seeing your home, a home investor will give you a cash offer. The main thing you should do after receiving the offer is make sure that the amount you are being offered is fair. In order to do this, you can compare the price of your home to the prices of similar properties in your neighborhood. If you are selling a home that needs some work, the best way to determine the real price of your property is to subtract the cost of renovations and repairs from the actual price of your property. If you are struggling with determining the price, you can also contact an experienced realtor who is familiar with the local market and ask them to prepare a comparative market analysis for you.
Also, do not forget to ask a cash buyer to provide you with proof of funds. It can be a bank letter with a signature proving that the home investor has enough money to purchase your home right away.
Review the Cash Offer and Sign a Contract
If the cash offer looks fine and you accept it, you can move forward and sign a purchase contract. A typical purchase contract must include the following information: the final price of the property, the deposit, and the closing date. If you are not sure about the contact, you can always hire an attorney, who will review it for you. There are cash buyers who also offer “sight-unseen” offers without a home inspection. Usually, they do this when they are interested in the land and location of the property more than the home itself.
Close the Deal
The final step is closing on the sale. Usually, it does not take more than two weeks. It is definitely much faster than selling a property the traditional way with a realtor, which may take months. In addition, you do not have to prepare and sign a lot of paperwork, which is definitely more convenient for the seller and buyer.
Sell Your Home in Stockton Fast to Frank Buys Houses
If you are looking for a trustworthy cash buyer in Stockton or any other surrounding town, Frank Buys Houses is your perfect choice. Frank Silveria and his team buy homes in any location or condition, and they are ready to pay cash. As a homeowner, you have nothing to worry about. The process is transparent, quick, and straightforward. You can sell your home in less than two weeks and receive cash that you can use as a down payment for your new home. If you have any questions or you want to know more about the company, feel free to visit our website or give us a call.