5 Things You may not Know About Professional Home Buyers In New Orleans

Written by Posted On Monday, 01 January 2024 06:41

There are a lot of things to consider when placing your home for sale. How long will your home be on the market waiting for a qualified buyer? What shape is my home in, and how much will needed repairs cost? Will the buyer find something wrong with the house after closing that wasn't disclosed properly? Can I afford the commission if I deal with a realtor? Call us at 504 264 1407, or visit our website for the answers to these and many more questions to ask yourself, before deciding to sell.

As-Is Purchases

Professional home buyers in New Orleans will usually purchase homes as-is. As a seller, this means you do not have to worry about repairs before closing or any other additional expenses that come along with getting a house ready to sell. At NOLA Buys Houses we always purchase homes as-is. We also cover closing costs so you don't have to pay any of the fees associated with selling your property.

Easy Closings

Professional home buyers in New Orleans typically close faster than traditional home buyers, and usually pay in cash. That does not mean they come with a bag full of money but they will bring a cashier's check to the closing and you will in turn receive an immediate wire transfer or a check that can be cashed or deposited immediately. Traditional home purchases usually require qualifications from banks, mortgage underwriting time, property inspection and appraisal time and the buyer may not even end up qualifying in the end. Additionally, when you sell to a professional home buyer there are no real estate commissions involved. The usual commission is 3% per side, or 6% total, so if you sell your home for $200,000, you would have to pay $12,000 in commissions alone! Professional home buyers typically cover all closing costs involved in selling a property as well. This can add up to $1000 or more which is more money out of your pocket. They also provide mail-away closings which is a wonderful thing for out of state owners.

Extended Occupancy

Professional home buyers purchase homes for investment purposes. They are not expecting to move into the home on the day of closing as are traditional owner occupant buyers. Most home buyers will allow a move-out timeframe after closing to allow you to complete your move out. This is extremely helpful, especially with such quick closing timeframes when urgency is of the utmost importance for a seller. Sometimes people need the proceeds from the closing to complete their move out so this can be beneficial in that regard as well. Also, you may not even have to clean the home when you leave. You can simply pack your personal items and furniture you want to keep and leave the rest. At NOLA Buys Houses we have a saying, take what you want and forget the rest!

Stress-Free Selling

When you decide to use a professional home buyer in New Orleans, you will not have to worry about going through a roller coaster of emotions. There are no frustrating, middle-of-dinner phone calls asking if you are available to show your home. You don’t have to worry about leaving your home spotless every day before heading to work, just in case there is a showing while you’re gone. You don’t have to worry about possibly running into a buyer’s agent or their clients or dealing with them asking you questions that you really shouldn’t answer anyway. You also don’t have to worry about buyers arguing with you over which furniture you are taking and what you are leaving. Selling a home can come with a great deal of steps and complexities, or it can be very simple. NOLA Buys Houses keeps the process as simple as it can possibly be. There is never an cumbersome paperwork. We will only need to get into the property 2 or 3 times including our initial visit and we schedule that directly with you when it is convenient with you.

Less Risk

Selling to a professional home buyer is extremely straight forward. They will lay out every step of the process and have shortened, very clear contracts that are simple as-is purchase agreements. You will also have lessened exposure to legal risks. You won’t have to worry about the buyer finding something you didn’t know you didn’t disclose or 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 didn’t get all of the information, or if they feel the facts were misconstrued. Professional home buyers already know the state of the property, and they are willing to take on that risk. At NOLA Buys Houses we make everything very transparent. We make quick decisions, quick offers and we can close quickly as well. The good thing is though, even if you reach out to us, we come look at your property and make you an offer, there is never any obligation to work with us, nor will there be any hard feelings if you don't!

Call NOLA Buys Houses today at 504 264 1407 or send us a message to find out more about us and our process. We can give you a cash offer on your home in 24 hours and there is never any obligation to work with us. We are on call 24/7 and are here to help!

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Carl Fanaro

We are a professional house buying company that has been in business for over 20 years. We buy houses fast with cash all over the greater New Orleans area

www.nolabuyshouses.com

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