Are You Looking to Sell Your House? Great News! We Buy Homes in Raleigh?
Since the conception of Better House Buyers, we have grown the company into several different states around the Southeast United States of America. I got my feet wet buying houses around Georgia several years ago. We have since expanded into Tennessee and North Carolina. Our goal is to provide a quick and easy solution to any property-related issue. If you have wondered how can I sell my house fast in Raleigh, dive into the actionable tips in this guide. Selling a home doesn’t need to be difficult.
Fortunately, I’ve experienced a plethora of real estate situations that I have helped homeowners get through to then ultimately buy their house. From title issues to ruptured foundations, I have nearly seen it all. Experience takes time to build but saves time later when encountering obstacles multiple times. For homeowners planning on selling a house in Raleigh NC, this guide will provide you with all the tools needs to get the job done fast.
1. Clear Your Schedule
The process begins with you – the homeowner. You may have done a quick online search, looking for home buyers in Raleigh. Make sure that the timing is right when you reach out. Do you have major deadlines for work coming up that will occupy the next 6 weeks of your schedule? Companies like Better House Buyers make the process as quick and smooth as possible. However, we believe that communication and 100% transparency are the core values of our business. When we don’t hear from homeowners for several weeks, I sometimes assume that they’ve ghosted us.
Fortunately, having years of experience buying houses in Raleigh, I make the process as fast as humanly possible. We work around your schedule and can accommodate any upcoming deadlines.
2. Find a Cash Home Buyer
You did it! The first offer to buy your home arrived in your email inbox. Excitement fills the room until you realize that the home buyer is putting down an extremely small down payment, and using a traditional bank loan for the transaction. While this can sometimes still work, it is often one of the slowest components of a real estate transaction.
Traditional banks require buyers to jump through multiple underwriting hoops before officially getting approved. It’s a major hassle. And it makes sense! The bank needs to protect themselves, and shouldn’t lend money to someone unless they feel entirely confident that this person can pay them back. These doubts are hard to answer without rigorous underwriting and vetting processes.
Working with a cash home buyer will save you weeks, or sometimes months, or time. Cash is extremely liquid. Typically, the process works like this:
- I make a cash offer for your home
- After reviewing and accepting, I wire the down payment to the title company
- Right before the closing date, I wire the remaining cash to the title company
- They pay you the money directly after closing
There is no appraisal required when a home buyer pays with cash. It is arguably the fastest way to close on a property. If you have thought that I need to sell my house fast in Raleigh, consider working with a home buyer that pays cash. You will shave a ton of time off of the process.
3. Sell Your Home Using the Internet
The internet can be a scary place, and it can also be your best friend. Consider the latter when selling your home in Raleigh, NC. Think about how quickly people can buy items from Amazon. It can literally take 2 clicks and boom! You now have a package at your door.
The same goes for selling a property nowadays. If you are reading this, you likely found us somewhere online. There are trusted home buyers, like Better House Buyers, that are helping homeowners in North Carolina with a few clicks of a button. We pride ourselves in responding to homeowner inquiries within 5 minutes flat.
Selling your home using the internet can help you find a home buyer that you can feel comfortable around. Do you ever receive pesky postcards asking you to sell your property from a random guy you have never heard of before? When using the internet, you can immediately vet a company that buys houses by reading there reviews and testimonials.
It’s usually pretty easy to tell who is trustworthy and who is full of it. Go with your gut, and use the tools that are at your disposal to connect with someone that is the right fit. Fortunately, researching someone online is also free!
View This Quick Video to See How Our Process Works:
4. Selling a House As Is
When homeowners sell their house on the market, they usually need to fix up the property first. There are a few reasons for this. Typically, there are less cash home buyers and more owner-occupant families that browse the market for houses.
An owner-occupant buyer means that they are planning on living in the house after buying it. This is challenging when the property is in bad condition. Along with their offer to buy your house in Raleigh, an owner-occupant usually requests that certain items get fixed and renovated by you before moving in.
How much time do you have to sell your house in Raleigh? If time is of the essence, try working with a cash home buyer that won’t request any renovations before closing. Selling your house as is will save you the most time and effort.
Another reason that homeowners fix up their property before putting it on the market is for open houses. No one wants to walk over garbage, broken floorboards, or dirty carpet. Your home must meet market standards and be ‘showable’ to prospective buyers. For homeowners that have thought that I need to sell my house fast in Raleigh, don’t bother investing your time in laborious renovations. Home buyers like Better House Buyers will take care of the work for you and buy your property as is.
5. Avoid Too Many Contingencies
Certain buyers will load their offers up with contingencies. In other words, their offer is not serious. It is common, and okay, to see a few contingencies. However, a good rule of thumb is the less that you see, the better you will be.
The most common contingency is a walkthrough of the property to verify the condition. That one makes sense for most home buyers to have. If you are trying to sell your house quickly in Raleigh, select an offer that has the least amount of demands, requirements, and baggage. Even if the offer is higher, too many contingencies can cost you time when selling a home.
The Benefits of Selling to Better House Buyers:
Raleigh, North Carolina homeowners choose to sell their house to us over the competition for many reasons. That’s because when we buy houses in Raleigh, there are lots of benefits, like:
Our Best Offer. We realize that low ball offers just waste everyones time, we will give you a fair offer from the start.
We Buy Houses “AS-IS”. Seriously, you don’t even need to clean it before selling to us! Feel free to leave any old junk you don’t want and we’ll handle it all for you.
Close Fast. If you need to sell your house by a particular date, let us know and we will close within the timeline that you need.
No Commissions. Avoid paying thousands of dollars to a real estate agent. They’re job is to find a buyer, we are a cash home buyer.
No Fees. There are never any fees to work with us. We pay you, not the other way around. We’ll even take care of the closing costs for you.
We Pay Cash For Houses. Paying cash allows us to skip all the hoops that banks make most other buyers jump through. We don’t use loans, so this is how we keep it simple.
Upfront & Honest. Integrity and honestly are the most important part of every deal we do. We believe in putting people before profits.
Only 1 Showing. We just need to take a look at your house once and then from there, we will give you a fair cash offer!
Professional Experience. We’ve helped countless other homeowners through tough situations and we know that we can do the same for you.
Home Buyer Backs Out
As mentioned before, do your best to check the reviews of a home buyer before working with them. If they are a big-time investor, they will most likely have a website with public reviews that you can check out. Anyone with reviews before 4-stars total should raise a red flag.
I’ve seen deals fall apart at the last minute because of home buyers backing out. This can dramatically delay the process of selling your home in Raleigh. It doesn’t only cost you time, but it can also cost you money.
Let’s take this for example. You are working with a home buyer that is not experienced, and the process ends up taking 4 months total. A few days before closing, the buyer requests that the price be lowered because they can’t afford to pay that much anymore based on a walkthrough of the house. If this is done to you last minute, it is called “price dropping”
- 4 months of wasted time multiplied by all holding costs ($2000/month)
- 4 x $2000 = $8000
- This example shows a homeowner that spent $8000 towards their taxes, insurance, mortgage, and utilities. If the home buyer didn’t take so long and then back out, they could have saved this money
Companies that buy houses for cash in Raleigh are the easiest ones to deal with. Do you remember the section of this guide that outlines why cash home buyers are the best to work with? If a home buyer is using a traditional bank loan, or a hard money loan to buy your property, financing problems can occur later that can derail the process.
Both traditional lenders and private lenders require an appraisal to be done on the property before lending money to the buyer you’re working with. When an appraisal comes in too low, that sometimes forces a bank to lend less to the buyer than originally intended. It makes sense, right? I can’t give you $100,000 to buy a house that I know is only worth $60,000 even if the agreed-upon price is $90,000. Basically, things can get messy when the home buyer is not paying with cash.
Selling a House with Tenants in Raleigh
When looking back to 2020, this statement probably makes some landlords cringe.
- “I am stuck with my property that has bad tenants in it. They are now not paying rent and squatting, but I cannot evict them because of the eviction rules set in place. But I need to also pay my mortgage. Yikes!” – Raleigh Homeowner
Selling a house with tenants is no easy feat. Many home buyers will require that the property be delivered vacant upon closing. What if your tenants do not want to move, or you do not want to kick them out? Fortunately, everything is negotiable in real estate.
Have you ever wondered how can I sell my house fast in Raleigh, NC with tenants inside? There is hope to still achieve a quick home sale while your tenants occupy the building. Here are 3 steps to set you in the right direction with your house in Raleigh.
Our goal is to help make your life easier and get you out from under the property that’s stressing you out… we do this all while still paying a fast, fair, and honest price for your house.
Or Give Us A Call Now At: (404) 341-4449
Step 1: Be Transparent with your Home Buyer
Being honest and transparent upfront with the people you are working with on any business transaction can help avoid issues later. The same goes for selling a house with tenants. Find out as much information and relay this to the buyer you are working with:
- What is the current lease length?
- How long do the tenants plan to stay after their lease?
- Do your tenants know you want to sell the house?
- Are they currently up to date with their rent?
- How inconsistent is their rental payment throughout the tenancy?
Inheriting tenants is not always a bad thing. Certain home buyers won’t bat an eye lash at the thought of leaving the tenants in the property. If you can prove that they are reliable tenants and are up to date on their rent, it will be an easier sell. Unfortunately, not all home buyers want your tenants. To give it your best shot, provide all information upfront to prospective buyers so that they know what they’re getting into. If they need to back out later, it won’t be fun for anyone.
If there is no way that the buyer will take the property in Raleigh with tenants, you will have to do one of two things. Either renegotiate the sale price to make it more appealing for the buyer. Depending on your margins, that may not be an option. Your next best bet is to have a conversation with the tenants and sell your house in Raleigh without them inside.
Step 3: Keep Your Documents Updated
It’s difficult to sell a house fast with tenants when your leases are not up to date. How about rental licenses? Certain requirements for owning rental properties vary per city and state. Either way, you should have your primary documents updated. For example, make sure that your leases are current. Without updated documentation, you may find it tough to sell your home in Raleigh that has tenants living there.
For homeowners that have multiple rental properties, it’s helpful to have similar leases. I have seen landlords try selling a package of houses in Raleigh but each lease was entirely different. This dragged the home-selling process on by weeks in order to make sense of everything.
Raleigh Real Estate Market
The North Carolina housing market has taken off the past decade. Major cities, like Charlotte and Raleigh, have seen major jumps in overall home values. Now, that doesn’t mean every house is worth $1M – even though I wish they were.
What year did you buy your home in Raleigh? If it was anywhere between 2011 – 2017, it is most likely worth more now. Of course, you must factor in expenses that come along with selling a house fast in Raleigh before thinking you hit the jackpot. Here are several expenses that sellers typically pay during a real estate transaction:
- Capital Gains (depends on how long you’ve owned it)
- Lien Payoffs
Typically, lists like this would also include a commission paid to your real estate agent. When working with Better House Buyers, you don’t pay any commissions or fees. You can sell your house fast and save money along the way. Why complicate real estate when it doesn’t have to be?
Find Out More About How We Buy Houses in Raleigh, NC Fast For Cash…
Find out more about how the process works.
Learn more about the company and people behind it.
The most common questions people ask.
Sell My House without a Realtor
Better House Buyers can solve virtually any real estate issue that you are dealing with. If you need to sell my house fast in Raleigh but also save money, we can help. You can avoid pesky real estate agent commissions when working with us. Better House Buyers doesn’t charge a commission on the sale of the home. You can put more money in your pocket, while still selling your home within weeks.
We have introduced a new well to sell your house fast in Raleigh. You don’t need to worry about putting your home on the market. There are no open houses either, so you can still enjoy your weekends during the home-selling process.
Are you apprehensive about telling your neighbors you are selling your home? You don’t have to when working with Better House Buyers. We don’t require a sale sign in the yard, or anything close to that. We get the job done arguably faster than anyone else in our market. Do you have deadlines coming up in a few weeks? We work around your schedule throughout the entire process. Whether you need to sell in 3 months from now, or 3 weeks, we do our best to hit every timeline set by you.
Better House Buyers is a local home buyer based in the Southeast United States. We buy houses in North Carolina, Georgia, and Tennessee. If you have thought that I need to sell my house fast in Raleigh without any hassle, consider working with us. Better House Buyers can help homeowners dealing with any type of real estate situation. Give us a call today or fill out our simple form to get in touch.
We buy houses in Raleigh, North Carolina and all surrounding areas in NC. If you need to sell your house fast in North Carolina, connect with us… we’d love to make you a fair no-obligation no-hassle offer. Take it or leave it. You’ve got nothing to lose 🙂