We get a lot of objections to what we do. Like we are only it to get cash for homes in Connecticut. I think it mostly comes from people who are only in it for the cash and agents who see us as competition to them when we are really helping them in this market. Like every industry there are the good and the bad. Did you ever go to a bad restaurant where the service was terrible or the food was bad? Did that make you stop going to any more restaurants? Its the same thing here. We try to be the better house buyer, like the better restaurant.
Time and money are crucial factors when you are selling your home. If you need to sell your Connecticut house fast… we are the local professional home buying company who pays cash for your home in Connecticut.
So let’s dive into how you can sell your local Connecticut house fast and get cash for your house in the process without having to list your house with a real estate agent, or wait months for it to sell.
How Do Cash For Homes in Connecticut Buyers Work?
Finding reputable local Connecticut house buyers who pay cash for homes in Connecticut can be a daunting task. However, with a little research, you can find that there are several investors out there looking to buy property for cash. Here are some of the things you should look at when you’re working with local cash home buyers (including our company, Next Door Properties, we buy local Connecticut houses fast).
And before you dive in below… if you’re not sure how the process of a cash buyer like Next Door Properties buying your local Connecticut house works… check out our “How it Works” page on this site and our FAQ. We try to answer any questions you might have on a single page.
Price And Time Are Trade-Offs – Which Is More Important To You?
As you might suspect, it is not easy to get the full market value for your home if you are selling it fast on cash. To get the full market value of your house, you may have to wait 3-6+ months… and often will need a real estate agent out there marketing your house to find you the best buyer. You will have to go through endless buyer showings, have your house go through a number of inspections, maybe have a buyer or two back out only to find one that closes on the deal. Then on top of it the real estate agents charge a commission (usually 6% of the sale price)… so if it takes you 3 to 6 months to sell and you have to pay a 6% commission… is that worth the wait?
Most often, local Middletown house buyers like Next Door Properties, we’ll evaluate your house… determine what it’s worth if it’s fully fixed up… determine how much we’ll have to invest in repairing / renovating the property… how long it will take us… and of course we have to turn a small profit for our risk in buying the house, renovating, and selling it… so we do tend to make offers that are below the full retail market value.
Real simple this is how it breaks down for us most of the time when we give cash for homes:
- Marketing costs (finding you, the homeowner who want to sell for cash)
- Closing cost to buy the property from you (title search, insurance, attorney fees, transaction taxes)
- Repairs costs
- Holding costs (more insurance, loan payments, dumpster rental, utilities, taxes)
- Selling costs to the new owner (Agent commission, closing costs)
- What ever is left over
There isn’t a lot at the end of the deal and a lot can go wrong making the the deal fall through in the end. But that is the risk we take.
But we can close quickly (in as little as 7 days if you need us to)… so if selling your house fast with zero hassle at all is more important than getting every penny out of the sale… submit your info on the form on this next page or give us a call at 860-704-9513.
We can make you a fast no-hassle offer in less than 24 hours.
We like to make sure every house seller we work with knows all of their options, and we even encourage you to get other offers and shop them around. We won’t be offering the lowest price in town… we often won’t offer you the highest price… but you can be assured that when we make you an offer, we’ll follow through with what we say we’ll do.
How Much Work Do You Want To Put Into Making Your Connecticut House Sell?
Another big factor that local Connecticut cash home buyers like Next Door Properties can offer is we take 100% of all of the work and hassle to sell your house off of your hands.
We handle it all. Unlike a normal real estate transaction where you have to pay for your attorney, fees and taxes we absorb those costs so you get the cash for your home we said you would get. That way you know what you will have to pay off any of your debts or liens. Cover the down payment on that RV or new house, or have enough to move to a rental property and maybe live rent free for a year.
No, we’re not listing your house like an agent does. With that route… you’ll still have to clean up your house… get it ready to show it when the streams of potential buyers want to see it… go back and forth through your agent with the buyers on price and terms, etc. It can be a lot of work.
Especially if your house here in Connecticut needs some work.
But, we offer cash for homes in Connecticut because we’re professional home buyers based locally here in Connecticut. If a house needs work, we’ll buy it as-is and we’ll pay for the repairs it needs out of our pocket after we buy it from you. And you won’t have to worry about the paperwork either… we’ll get it all created at a reputable neutral party closing agent in town of your choosing… or we can recommend the ones we’ve used for years.
Do Your Research And Trust Your Gut
Before you decide to go with an investor offering cash for your property, be sure to investigate their reputation carefully. Consider asking for references from the investor. Talk to people the investor has worked with in the past to determine whether they are the right fit for you.
Find out if they are really cash home buyers or are they really real estate agents that are going to just put your house up on the MLS. Do they really buy houses for cash or do they have some other business and this is only helping their other business profit. Are they really local or do they pretend to be buy really they are big corporation out of Texas?
There are people out there who are less than honest… they just want cash for homes, so make sure to do your research, talk to them and make sure you can trust them, and that they can actually close on the offer they made you on time.
You don’t have to pick us. It’s ok if you go with another guy.
When you’re ready to start the process of selling your Middletown CT home for cash, fill out our form and we’ll help you get started.