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How Does a Fast Cash Offer Work?

How Does a Fast Cash Offer Work?

A fast cash offer is an offer that a buyer makes to purchase your house for cash. Unlike a traditional sale, you sell your house fast as-is for cash directly to the buyer. You do not go through a realtor or list your house on the market. It is the fastest and easiest way to sell your house and get out of your mortgage. 

Before you call the realtor, you owe it to yourself to consider a cash sale directly with the buyer. You may save yourself considerable money and time without the headache of a traditional sale. An experienced buyer can guide you through the process so that you can unload the property and walk away. Below, we look at how a fast cash offer works.

Step 1: Contact a Buyer in St. Louis, Missouri

The first step in selling your house is to contact a buyer in Missouri. Companies that buy homes in St. Louis typically work with dozens of buyers each year. Since they are professionals, they can give you a fair price for your home and help you close the sale as quickly as possible. The best way to find a company is to do a Google search. Simply type in ‘Sell My House Fast in St. Louis, Missouri.” 

Once you contact the buyer, you will set up a walkthrough of the property. Feel free to ask questions or discuss your concerns with this type of sale. The buyer will schedule a walkthrough, which is usually quick and easy. Keep in mind that you are not obligated to sell your houses. It’s just a walkthrough, nothing more.

Step 2: Schedule a Walkthrough

Once you schedule the walkthrough, the buyer will look at the property to decide whether they will buy your house. One of the unique things about a cash sale is that the buyer will purchase your property as-is. That means they will buy property in its current conditions regardless of your situation.

That means you make no repairs or upgrades. You also avoid scheduling any appraisals or inspections. Best of all, you do not have to worry about showing the property or even cleaning the house. Simply schedule the walkthrough and let the buyer take a quick look at the property with no obligation to sell. 

Step 3: Get an Offer from the Buyer

If the buyer likes what they see, they will make an offer. The offer is based on a healthy percentage of the current value of your home. A reputable buyer will make a fair offer and not lowball you. 

Unlike normal buyers, a professional buyer can do some quick calculations and give you an offer within 24 to 48 hours. You do not have to wait if you need to sell your house fast. Once the buyer makes an offer, you can decide if you want to accept it, counter it, or reject it.

Step 4: Close the Sale

If you accept the buyer’s offer, the final step is to close the sale. In a traditional sale, it can take 30 to 45 days to close on an offer. Fortunately, it only takes seven to 21 days on average to sell your house in a cash sale. The main reason for this is that the buyer pays cash, so there is no loan approval. Plus, the buyer pays most or all closing costs.

You simply show up, sign the paperwork, and walk away with no strings attached. Once you sign the paperwork and close the deal, the buyer pays you cash for your house. You are no longer obligated to do anything else. You also walk away from the mortgage with no conditions. Selling your house in St. Louis, Missouri, has never been easier. 

What Are the Benefits of a Cash Sale in Missouri?

You Can Sell Your House Right Away

It can take several months to prepare your house to sell and find a buyer. Having a skilled real estate agent does not guarantee that the process will be faster. Klamen Real Estate Group can make an offer within 24 to 48 hours, close in as little as seven days, and have cash in your hands within 30 days. You don’t have to wait to sell your house.

Selling Your House for Cash is Easy

When you sell your house the traditional way, you must make repairs, schedule inspections, find creative ways to market your house, find a buyer, and close the sale. The process is too complicated for any home seller to handle. We simplify the process by eliminating all the barriers to selling your house.

You Save Money Selling Your House

Selling a house today is expensive. You will likely sink cash into repairs, renovations, inspections, appraisals, closing costs, and realtor commissions. That eats into your profits. Klamen Real Estate Group can help you avoid these costs and put that money back into your pocket.

We Know the St. Louis Market

We work with sellers across Pinellas County. Our buyers understand the market and the challenges of selling your house in this area. We have built a reputation as a local company that you can trust.

Sell Your House Fast for Cash Today with Klamen Real Estate Group

Selling your house does not have to take several months or cost you thousands of dollars. Klamen Real Estate Group offers a simpler solution to get out of your house or mortgage regardless of your situation. We can help you sell your house fast in St. Louis, Missouri. Call us today at 314-721-6800 to get a fast cash offer.

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Why Work with a House Buying Company in St. Louis, Missouri

Why Work with a House Buying Company in St. Louis, Missouri

When it comes to real estate, St. Louis, Missouri, is a highly competitive area. So, if you need to sell your house fast due to your current situation, you may have difficulty unloading the property quickly. Finding a realtor, listing the house, making the necessary repairs, finding a buyer, and closing the sale can take up to six months. You may only have a few weeks to sell your property. 

What is the solution? Work with a house buying company in St. Louis, Missouri. Local home buyers can do a quick walkthrough of your house, make a fast cash offer, and close on the sale in as little as seven to 21 days. Best of all, you eliminate all the steps involved in selling your house the traditional way. Below, we look at the benefits of selling your home to a house buying company in St. Louis, Missouri. 

Sell Your House Fast

What does it mean to sell your house fast in St. Louis, Missouri? Consider these quick comparisons:

Type of Sale

Average Time to Sell

Hire a realtor 60 to 90 days
For sale by owner Six to 12 months
Cash sale to a local buyer Seven to 21 days

In a traditional sale, you hire a realtor and list your house on the market. Next, you have to make the necessary repairs or renovations. Afterward, you show the house and negotiate with potential buyers. When you finally find a buyer, it can up to 45 for the buyer to get a loan and close the sale. 

The only difference between a traditional sale and a For Sale by Owner (FSBO) is that you are in charge of the entire sale and have to market your house and close the sale on your own. An FSBO can easily take up to 12 months. By contrast, a cash sale directly to a local buyer can be completed in less than a month, including closing. That’s what it means to sell your house fast.

Sell Your House As-Is

One of the biggest challenges sellers face when selling a house is spending thousands of dollars in renovations to make the house more attractive to buyers or satisfy home inspection requirements. Repairs or upgrades can delay a sale by several months. It can also eat into your profits, which are already lowered by closing costs and realtor commissions. If you try to sell a damaged, old, or vacant house on the market, you are competing with properties that are in better condition and ready to sell right now.

A local buyer in St. Louis, Missouri, can buy your house as-is regardless of its condition. You don’t have to schedule appraisals or inspections, worry about meeting building codes, or get involved in a major renovation project. The house buying company simply makes an offer to buy the property as-is with no conditions. You don’t even have to clean the house when the buyer does a walkthrough.

Avoid Common Selling Costs

Outside of repairs, two main selling costs can significantly eat into your profit: realtor commissions and closing costs.

Realtor Commissions

Realtors make an average of five to six percent in commissions for every house they sell. That means when you close the sale, the realtor will take six percent of the asking price off the top – you won’t even see it. For example, if you sell the house for $100,000, the realtor gets a whopping $6,000 off the top. When combined with other expenses, that’s a huge portion of your profits.

Closing Costs

On closing day, both you and the buyer will each pay closing costs. While some of the closing costs are shared 50/50, other costs are assigned to you simply because you are the seller. Some common closing costs include

Title search Title insurance
Home inspections Home appraisal
Loan payoff fees Attorney fees
Transfer taxes Recording fees
Mortgage payoff Property survey

These fees can cost up to $5,000, depending on your situation, where you live, and what services are required to sell your house. Many of these fees are not disclosed until just before or on closing day. When you sell your house as-is for cash, the local home buyer assumes most or all of the closing costs. In many cases, you simply sign the selling agreement and walk away.

Sell Your House Regardless of Your Situation

You may believe that your situation prevents you from working with a house buying company in St. Louis, Missouri. It may be the case if you are selling your house the traditional way. When you work with a local home buyer, there is virtually no barrier to selling your house as-is for cash. Home buyers work with sellers in all types of situations, including

Back Taxes Forbearance
Bankruptcy Foreclosure
Damaged House Inherited House
Distressed House New Job
Downsizing Relocating
Fast Sale Rental Property

Sell Your House for Cash to Klamen Real Estate Group

Do you need to sell your house fast? If so, Klamen Real Estate Group can help. We are local home buyers in St. Louis, Missouri. We can do a quick walkthrough of your house, make a fast cash offer, and close in as little as seven to 21 days. Call 314-721-6800 to schedule a walkthrough and get a fast cash offer.

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Who Is the ‘We’ in ‘We Buy Houses in St. Louis, MO’

Who Is the ‘We’ in ‘We Buy Houses in St. Louis, Missouri’?

If you’re driving down the road and you see a sign that says “We Buy Houses in St. Louis, Missouri’, you may be wondering who buys houses and how they work with sellers. Are these real estate agents, wholesalers, brokers, investors, or just regular people buying and selling real estate? 

Companies that buy houses in Missouri typically work with sellers who are in situations where they need to sell their houses fast and can’t wait to find a buyer in the market. Sellers are typically in situations such as getting a new job, going through a divorce, or trying to avoid foreclosure and bankruptcy. However, buyers can work with any seller that’s looking for an alternative to a traditional sale. 

Below, we take a closer look at professional local buyers and how they can help you sell your house fast in St. Louis, Missouri. 

What is a Home Buyer?

Like most people, your first choice for selling your house may be to hire a realtor and list your house on the market. The realtor helps you prepare the house for sale, markets the property, negotiates with sellers on your behalf, and helps you with closing the sale. They provide a variety of services that make selling your house easier.

A company that buys houses operates differently. Instead of going through the realtor, the buyer works directly with you. They look at the house, assess the market value, make an offer, and close the sale without hiring a realtor. This type of transaction is a house cash sale because the buyer offers cash instead of going through a lender. 

What is a House Cash Sale?

A cash sale happens when the buyer offers cash for your house as-is. They agree to buy your house in its current condition regardless of your situation. The buyer makes an offer based on a percentage of your home’s current market value. You make zero repairs. Plus, you pay no closing costs or realtor commissions. You simply sign the paperwork and walk away with no strings attached. 

A cash sale is a great option if you need to sell your house fast. You don’t have to spend time upgrading the property, waiting to find a buyer or going through a lengthy closing process. You can sell your house quickly and close quickly so you can move on. A cash sale eliminates all the needless hoops you would otherwise have to jump through in a traditional sale. 

What Are the Benefits of a Cash Sale?

Most home sellers don’t think twice about calling a realtor and listing their property on the market when selling their house. It is the most common way to get underneath a mortgage or unload a property. However, selling the traditional way is not always the most practical or fastest. There are several benefits of selling your house to a local company that buys houses.

Sell Your House Fast As-Is

If you sell your house the traditional way, you may have to wait 60 to 90 days before finding a buyer. We can make an offer within 24 hours, and close on the sale in as little as seven days. If you are in a situation where you need to sell your house immediately, we can help.

We Simplify the Process

There is nothing easy about traditionally selling your house. You have to list the house, find a realtor, make repairs, and show the house to multiple potential buyers. We eliminate all the steps and create an easier path to selling your house.

You Avoid Selling Expenses

When you go through a realtor, you incur a wide range of expenses, including marketing, repairs, renovations, closing costs, and realtor commissions. It costs you nothing to sell your house to us. You can pocket that money at closing.

We Know the Missouri  Market

Klamen Real Estate Group buyers know the local real estate market. We understand the challenges of selling your home and know your property’s real value. We will make you a fair cash offer based on a healthy percentage of your house’s current market value.

Contact Klamen Real Estate Group to Sell Your House Fast

You don’t have to wait to unload your property. If you need to sell your house fast in St. Louis, Missouri, contact Klamen Real Estate Group. We can look at your property, make an offer, and close in as little as seven days. Call 314-721-6800 to get a fair cash offer.

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Sell My House Fast in St. Louis, Missouri

Sell My House Fast in St. Louis, Missouri

Are you currently in a situation where you need to sell your house fast? Do you need to bypass a traditional sale so that you can move on? If so, there is a solution. You can sell your house fast for cash to a local home buyer in St. Louis, Missouri. When you work directly with a buyer, you don’t have to go through the normal steps it takes to list and sell your house on the market.

Once you eliminate the steps, you can sell your house and close the deal in as little as seven to 30 days with cash in your hand. A cash sale is the perfect solution when you are in situations such as a foreclosure, bankruptcy, new job, divorce, probate, or distressed house. It expedites your sale and takes the stress out of selling your property.

You Can’t Afford a Traditional Sale

On average, it takes 60 to 90 days to sell a house the traditional way. Why so long? If you are like most homeowners, you must go through the following steps to land a deal:

  • Find and hire a real estate agent
  • List and market the house on an MLS site
  • Make necessary repairs and renovations so that the house is sellable
  • Prepare the house for multiple showings
  • Meet with multiple buyers
  • Prepare for and attend the closing

If you’re lucky, you may be able to sell the house in only a few weeks with no issues that arise during closing. However, it’s not likely. In a competitive real estate market, you need to go the extra mile to sell your house. If you have a vacant or ‘ugly’ house, it can take months just to find a prospective buyer. You may have to lower your asking price just to get out from underneath your mortgage.

What Does It Mean to ‘Sell My House Fast’?

A smarter alternative to a traditional sale is to sell your house fast for cash to a local home buyer in St. Louis, Missouri. A local buyer can look at your house, make a fair cash offer, and close the sale in as little as seven days. What’s the difference? 

  • You don’t list your house.
  • You don’t hire a realtor.
  • You pay zero closing costs.
  • There are no realtor commissions.
  • You sell your house as-is – no repairs.

The process is simple. Show your house to a single buyer, get an offer, and close quickly. This option allows you to move on if you need to sell your house fast.

What Are the Benefits of a Cash Sale?

If you need to sell your house quickly, you may be looking at different options such as a for sale by owner (FSBO), listing your house on the market, or selling your house to a local home buyer. While each has its benefits, there are distinct advantages of selling your house as-is for cash.

It is the Fastest Way to Sell Your House

If you are in a situation where you must get out of a mortgage, move, or sell your house to raise funds (such as probate), do not have time to sell your house the traditional way. On average, it takes 60 to 90 days to hire a realtor and sell a house on the market. If you sell your house for cash, you can close in as little as seven days and get cash in your hands in as little as 30 days. 

You Avoid Selling and Closing Costs

You may try to sell a house to make a profit. However, by the time you pay out expenses and fees, you may lose up to 25 percent of your house’s selling price. Expenses may include:

  • Closing costs
  • Realtor commissions
  • Repairs
  • Remodeling
  • Preparing and showing the house
  • Appraisals and inspections

All of these add up to thousands of dollars in costs that eat into your profits. Ask yourself, “Is it worth it?” 

You Avoid Legal Hassles

You may be in a situation such as probate, bankruptcy, or foreclosure where you are tied up in legal battles. Foreclosure can ruin your credit and keep you from buying another house for a few years. You may need fast cash to collect funds for probate. Or, if you are a landlord, you may have tenants you do not want to deal with. All these problems are easily fixed when you sell your house fast for cash. 

Say Goodbye to the Hassle of a Traditional Sale

Selling a house these days can be a major hassle. You may spend countless hours renovating your home and getting it ready to sell. You must also put your house on the market, meet with the realtor, and show your house to potential buyers repeatedly. It can take up to 45 days to close. When you sell your house for cash, you bypass all the hassle. Simply sell your house as-is and walk away.

Sell My House Fast in St. Louis, Missouri

Before you contact the realtor or list your house on the market, do not pass up the chance to sell your house as-is for cash. Klamen Real Estate Group is here to help you find the simplest solutions to get cash in hand quickly without wasting time and money on repairs and closing costs. To schedule a quick, no-obligation walkthrough with one of our local house buyers, call 314-721-6800.

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