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Chicago Home Buyers: 5 Things You Don’t Know About Them

by Aug 15, 2022

Putting your home up for sale involves plenty of considerations. If you don’t get a buyer right away, how long will your house be on the market? What kind of shape is your house in, and how much will it cost to fix? Is it worth it to deal with a real estate agent?

One of your options for selling a house is to sell it to a cash home buyer. Professional home buyers in Chicago abound, but not many homeowners know about them. We’ll tell you five things about professional home buyers in Chicago and why you should consider them when selling your house.

#1: They’ll Buy Your House As-Is

When you put your house on the market, you might have to make repairs and renovations to make it more appealing. The problem is you might not have the budget for it. In fact, a study by Remodeling.net shows that a full-home renovation will cost you around $100 per square foot. On the other hand, you might be able to afford repairs and renovations but you don’t have time to wait if you want to sell your Chicago house fast.

Professional buyers usually buy houses as-is. You don’t have to worry about repairs or any other extra expenses you didn’t plan for before closing.

#2: They Close Quickly

Selling traditionally means a lot of waiting. If your home isn’t appealing enough, it could sit on the market for months. It usually only takes your house being unsold on the market for a month to signal to homebuyers that something’s wrong. 

Professional home buyers typically close faster and pay you in cash. Traditional home purchases require bank qualifications, mortgage underwriting time, and property inspection time, and the eventual buyer may not qualify. With a professional home buyer, you don’t have to pay a commission to an agent, which saves you thousands of dollars. Also, they may not charge transaction fees, and even then they’re a lot lower than commissions or closing costs.

#3: They Follow Your Schedule

Cash home buyers are in it for the investment. They don’t expect you to move out on closing day. Most home buyers will let you move out after closing so you can move at your own pace. It is super helpful, especially with such short closing times. 

You don’t even have to clean up when you leave. You can just pack the things you want to keep and leave the rest.

#4: They Offer a Simple Selling Process

A professional home buyer won’t take you on a rollercoaster of emotions. There are no annoying phone calls asking if you’re available to show your house in the middle of dinner. You don’t have to worry about leaving your house spotless before heading to work, just in case there’s a showing. You don’t have to worry about running into a buyer’s agent or their clients, or answering questions you don’t want to answer. And you don’t have to worry about buyers arguing with you about what furniture to take.

#5: They Offer Less Risk

Selling to a cash home buying company is easy. Every step of the process is laid out, and they usually have simple as-is purchase agreements that are very transparent.

You’ll also be less exposed to legal risks. You won’t have to worry about a buyer finding something you didn’t disclose or something they don’t like about the home or neighborhood. In most traditional real estate contracts, the buyer can sue you if they feel like facts were misinterpreted or they didn’t get all the information. A professional home buyer already knows about the property’s condition and is willing to take the risk.

Learn More About Selling for Cash

Thinking of selling your house fast? Onyx Homes LLC can help. We are a no-nonsense company that buys houses in Chicago, IL in any condition. Our process is simple, and we cover all closing costs, so you don’t have to worry about anything. Just give us the details about your house and we’ll make you a cash offer within 24 hours. Once you accept, we’ll get things started and you’ll get your money in 14 days.

Ready to get started? Learn more about our services by visiting https://onyxhomesllc.com/ or by calling us at (847) 262-9012.

WE BUY HOUSES FAST FOR CASH

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