Like everything else in our lives, buying and selling real estate has been affected by the global pandemic. Adjustments have had to be made, and now the complicated process of selling your house can seem even more complicated. When emotions are already running high and relationships are strained, the additional requirements in the traditional process of real estate sales can be overwhelming.
Last year saw more people than ever choosing to sell their Oregon Coast home directly, largely as a result of Covid-19. And even though vaccines are finally being distributed and we are starting to see the light at the end of the tunnel, I expect many homeowners will continue the trend of selling their Oregon homes to professional buyers because they are seeing the advantages over a traditional sale.
Time is of the Essence
Direct buyers like 101 Home Buyers can offer a number of advantages over a traditional sale, including the ability to close faster. No matter if a property is listed with an agent or by the owner, traditional home purchases usually require qualifications from banks, mortgage underwriting time, property inspection time and the buyer may not end up qualifying in the end. All of these steps gobble up precious time and in the end, a traditional listing carries no guarantee of when, or if, your house will ever sell. If your need to sell is due to a relocation for work or personal reasons, you could be carrying the financial burden for two homes as you wait around for a buyer that qualifies. In addition to the stress and expenses of holding two properties, you will either be required to do a great deal of traveling or hire a caretaker for the property you have listed.
Showings Can Be Difficult
Even in normal times, the thought of dealing with the hassles of showing a listed property is extremely stressful for most people. Avoiding a parade of strangers walking through your house and snooping in your closets is a big reason why more people are choosing to sell their homes directly on the Oregon Coast during Covid-19. By selling directly to a company like 101 Home Buyers, you can eliminate all of the frustrating phone calls asking if your house is available right now to show your home. When you sell directly to 101 Home Buyers, you won’t have to worry about leaving your home spotless everyday before heading to work, just in case there is a showing while you’re gone. There is also no chance of the discomfort of possibly running into a buyer’s agent or their clients or dealing with rude buyers asking you questions directly. When you work with us here at 101 Home Buyers there will be no more buyers arguing with you over which furniture you are taking and what you are leaving.
People in Your House
One thing we have learned during the pandemic is that it is risky to have multiple strangers from different households, possibly different cities or states coming into your home wandering about. If you aren’t working with a real estate agent that has grown accustomed to the new steps for self-protection, you will have to educate yourself on all of the necessary steps to protect yourself and be certain you have strict management of visitors in your home. This risk is why more people are choosing to sell their homes directly in Toledo and all along the Oregon Coast.
No Repairs Needed
Professional home buyers like 101 Home Buyers do not require any repairs or even any cleanup to be done by the seller, which makes it a truly as-is transaction. As a seller, this means you do not have to worry about finding a contractor, coming up with the money to pay for repairs, or waiting for the work to get done before the sale can close. Professional home buyers like 101 Home Buyers will already know the state of the property when they make an offer, and they are ready and willing to make the necessary repairs and upgrades. This this makes the selling process even quicker. At 101 Home Buyers we work with you, laying out every step of the process and usually have shortened, very clear contracts that are simple as-is purchase agreements. This is another reason that more people are choosing to sell their homes directly on the Oregon Coast during Covid-19.
By working with 101 Home Buyers, you will also have lessened exposure to any legal risks. You won’t have to worry about the buyer finding something you simply did not know about, and therefore didn’t disclose or suddenly discover something they don’t like about the home or the neighborhood. Under most traditional real estate contracts, there is a potential for the buyer to sue you if they feel they did not get all of the information, or if they feel the facts were misconstrued. This is a big reason more people are choosing to sell their homes directly on the Oregon Coast during Covid-19.
While we can’t cover all of the reasons selling directly may be one of the best precautions you can take to protect yourself and your family here, at 101 Home Buyers, we completely understand your concerns. At 101 Home Buyers, we will stop and take the time to listen and we’re more than happy to answer any questions you may have. Please send us a message or call 101 Home Buyers today at 503-383-1686.