Should you accept an all-cash offer for your house in Oregon?
Not always.
There are some important reasons you might want to refuse a cash offer – here’s what to watch out for.
Selling My House for Cash in Salem and the rest of Oregon
If you’re selling a property in Salem, McMinnville, or anywhere else in the Willamette Valley and get an offer from a buyer that intends on living in the house, chances are good the purchase will have to be financed with a traditional mortgage.
Most real estate transactions close this way, because most buyers don’t have the cash to buy a house outright. You knew that.
What you might not know is even most investors don’t close transactions with actual cash from an account they own. It can be a good idea for the investor to let a lender share the risk, even if they have the money themselves. You, as a seller, shouldn’t have to worry about whether your cash buyer is actually using their own money. Reputable investors have relationships with specialized lenders that cater specifically to this industry, and can fund a transaction in a matter of days.
The problem is some investors can be careless or even unscrupulous. They can spread themselves too thin by trying to buy too many houses too fast, and end up losing their financing. Sometimes they make offers to homeowners based on an assumption that they can quickly sell it to another investor without having to use any of their own money (in some cases they don’t have any money at all!).
At Willamette Home Buyers we pride ourselves on doing the right thing for the right reason. We won’t make an offer unless we are certain we can deliver on every promise. We refuse to spread ourselves too thin because we are building a stable business that will be here to serve Salem and the surrounding area for years to come.
Willamette Home Buyers is well-capitalized but we also have access to specialized lenders and use credit carefully and appropriately. When we say we’ll pay cash for your Salem Oregon property, you can feel confident that you will get paid exactly when and how we agree to when you accept our offer.
The Benefits Of An All Cash Sale Of Your House
You don’t have to deal with the hassles of waiting months to find a buyer, then waiting for them to get a mortgage, and then waiting and hoping their loan comes through.
You don’t have to pay a huge commission to a real estate agent (that may or may not actually do any actual work to get your house sold).
You don’t have to deal with a lot of people wandering through your house and checking out your property for fun. We won’t waste your time. This is our business.
You don’t need to paint, make repairs, or even clean up. We take properties just as they are. You won’t waste money on junk haulers or contractors.
You don’t need to deal with any paperwork. We have it all covered.
Working With A Reputable Salem House Buyer / Investor
Do your research, and make sure the cash buyer you’re working with is reputable. At Willamette Home Buyers, we offer great references of past sellers we’ve helped, we can show you examples of some of the latest projects we’ve worked on, and we’ll be happy to answer any questions you have so you feel comfortable.
We pride ourselves on being a strong part of the Salem community. We’re here to help our neighbors in Salem Oregon who need to sell their Salem house fast. We close quickly, offer a price that’s fair to you, and to help improve the beauty of neighborhoods one house at a time.
If you’re wondering about selling your house for cash in Salem or have any other type of property you need to sell in Oregon, we can help you.
We buy properties like yours from people who need to sell fast.
Give us a call or text us anytime at 503-383-1686 or
fill out the form on this website today! >>
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