Over the past year or so the financial industry has been in upheaval with interest rates dropping to record lows, but banks imposing stricter lending requirements due to the fallout of the 2020 global pandemic including a large portion of the population losing their jobs and receiving stimulus packages just to stay afloat.
For the average home buyer this could mean delays to funding or changes to lender requirements at the last minute which could lead to delays in the sale of your property. If you find yourself in a situation where you need to sell your Reno home quickly it may be stressful, overwhelming, and extremely difficult based on the changing financial requirements. This is why you should consider the option of selling your house for cash to a qualified local investor like Northern Nevada Home Buyers. Whether you are relocating for a new job, going through the pre-foreclosure process, getting divorced, or just inherited a property an investor should help you eliminate the stress of finding a qualified buyer. As a seller there are many things you should take into consideration before selling to a buyer who is purchasing your property with financing. First, you need to consider that any delays in funding could lead to more holding costs for you. Secondly, if there are delays in funding it could add more months to the entire process, and in some cases, when going through a realtor, it could lead to the entire deal falling through and you having to start the whole process over again. A better solution, and a much easier way of avoiding the stress of having a buyer pull out last minute, is to sell to a local investment company that you trust like Northern Nevada Home Buyers. After taking the time to do your own research on the different local investors in your area, find one that you can are not only comfortable with, but can also fully trust. Do your due diligence and look them up on pages like BBB and Yelp and follow that up by asking for references. A good qualified investor will have no issues with providing you access to references including previous clients they have worked with and bankers that can verify they have the ability and funding to close on their all cash offer. Here at Northern Nevada Home Buyers, we buy reno homes often through presenting a fair ALL CASH offer that includes no repairs or clean up needed. This means that we buy the property in AS-IS condition and you put more money in your pocket because we pay all the closing fees and there are no realtor commissions for you to cover. As an added bonus, you get the option of setting the closing date which means you get the sale of your property done on your time with peace of mind and cash in hand.
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Andy ChichesterBorn and raised as part of the fifth generation on a ranch here in Northern Nevada, I am now the founder and operating manager for Northern Nevada Home Buyers. I love what I do because I have a chance to really help the community I have grown up in and come to love. ArchivesCategories |