How Much Cash For Houses In Belleville Can You Get?
If you’re thinking about selling your house, here’s how much money you can get
Sellers are asking about cash for houses in Belleville – they
want to know how much they will get if they sell their house. If you’re
thinking of selling and wondering how much you might get, this blog post
will help to answer that question.
An Important Definition
Since this blog post will be read by people all over Belleville (and
surrounding areas), with various price prices reflected throughout the
area, it’s difficult to write about a specific dollar figure. However,
here’s an important concept that will help you understand how much
people pay cash for houses in Belleville…
On The Market: When a house sold “on the market”,
that means it’s usually listed by a real estate agent and sold after
several potential buyers have seen the property and at least one has
made an offer. Houses sold on the market will often be sold for
approximately the same amount that other similar houses in the area have
sold for. This is called “market price”.
Off The Market: When a house is sold “off the
market”, that usually means the homeowner has decided to sell their home
directly to a buyer instead of list their home. Houses sold off the
market will often be sold for slightly less than their market price,
this is called “below market price.”
At Cardinal Creek
Properties, we are professional home buyers who buy houses off the
market. To learn more about what we do, click here to fill out the form
or call us now at (314) 467-8137
You might be reading this and asking, “why would anyone accept below
market price, and less cash for houses in Belleville than others?”
That’s a good question but there’s more to the story:
- Selling on the market usually means you’re selling it to a person who will choose to live in the house.
They’re buying the house for themselves and their family. But when you
sell off the market, you’re often selling to a company that might be
investing in your house to turn it into a rental property or to renovate
it and sell it.
- Selling on the market usually means the buyer needs financing.
Selling off the market, in a private sale, often means that a
professional home-buying company is will to pay cash for houses in
Belleville. (That’s why some people prefer to sell off the market – they
don’t want to wait for the seller to get financing; they want to know
they’ve sold the house right away).
- Selling on the market actually costs money… sometimes a lot of
money. If your house needs renovations and repairs, you usually have to
spend money to fix up your house before you sell it on the market.
However, when you sell it off the market, such as to a company like us
at Cardinal Creek Properties, you may be able to sell your house as-is –
saving the money (and the time and hassle).
- Selling on the market through an agent will often result in
commissions and fees to the agent for the work they did to sell your
house. But selling off the market to a home buying company like Cardinal
Creek Properties usually means no commissions or fees or closing costs.
How much can you get for your home? Selling on the market may mean
you sell your house for more money but it takes longer and costs more;
selling off the market may mean you sell your house for below market
price but it’s faster and there are no expenses or fees.
So, how much will sellers get in cash for houses in Belleville? It
depends on how you sell – on the market or off the market… and that is
determined by how quickly you want to sell and how much time and money
you’re willing to invest to sell.
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