The quick answer to that question is no! That makes life easier right?!?
We are local cash house buyers in Atlanta, GA and work with local home owners who need to sell fast. The home owners we’ve worked with come to us with all kinds of reasons for needing to sell fast. Whether you are relocating, having problems paying your mortgage and might be facing foreclosure, experiencing tax delinquency, selling to a cash home buyer can be a great way to alleviate the stress that is starting to build on your shoulders.
One of the biggest reasons people will sell is because their house is rundown and in dis-repair and they just don’t have the time or money to make the repairs needed to be able to sell it fast on the open market with a real estate agent. Obviously, if your home is in pristine condition, then going on market to find that end buyer who will live in the home for the next 20 years is the way to go. But a lot of the time, thats really hard to accomplish. If you’re facing financial issues, making the necessary repairs to get to market-ready condition can be way to costly for you to even consider.
I say all this not to scare you but to let you know that there is another option. ATL Cash Home Buyers will buy your home in any condition, as-is! I know this probably sounds too good to be true but here’s the “official” reason we’ll buy a house in any condition in and around the Atlanta market (including other cities in Georgia).
Why Cash House Buyers In Atlanta, GA Will Buy A House “As-Is”
Since we buy houses with cash and don’t need to get bank approval… we have the flexibility to buy local Georgia houses in any condition.
Normally traditional banks won’t finance a house if it’s in disrepair. Sometimes, the home being in bad shape is not the only factor in determining whether or not a bank will lend on it. If the home is in good shape but has major structural issues, a lender will get scared and typically run away because trying to fix the issue can be like opening a can of worms. If your home is in an area with high crime or unemployment or even if your home is in a suburb but the housing market of the area is performing poorly, you might not get a loan. Ultimately, you might need cash house buyers in Atlanta..
Banks see these categories of properties as a risk and won’t lend on them.
That leaves a lot of home owners in our area without a good option to sell the house because 95% of the buyer pool has to get a traditional loan to buy a house. One reason for this is because the average homeowner doesn’t have the familiarity with the process of fixing up a home properly. First off, almost every city requires permits to do major repairs/updates to a home. This process can take weeks to months to obtain and almost always require a general contractor to pull the permits as they have the correct credibility and licenses to head a major construction project.
Amazing, now you have the permits, but whats next? Well, you have to have the right materials and crews to perform all the jobs necessary to get your home back to where it needs to be. Lets say best case scenario, you need to do a lot of cosmetic updates, nothing structurally pressing. Most of the time, a general update will include replacing/updating the flooring throughout the home, all bathrooms, the kitchen, windows, roof, the Heating and Air System, hot water heater, landscaping, potentially the siding and then making any other aesthetic updates to make the home more appealing. Unless you’re familiar with construction, there’s a good chance, you just don’t have the knowledge or contacts to pull all these crews together. Now obviously, you could hire the general contractor to not only pull the permits but he could oversee the entire project. Well, that just bumped your overall costs by another 20% because the GC needs to get paid too. I’m also guessing that because you need a general contractor to head the crews, you might not have the best contacts for obtaining all the materials. So, you’ll also be paying top dollar for the materials to fix everything in the home! All of this can add up so quickly and unless you’re familiar with the process, you can really find yourself drowning in no time!
That’s where we come in.
Here at Atl Cash Home Buyers, we are cash house buyers in Atlanta. Our business model is to help homeowners who need to sell a house fast (especially houses that need work) by buying your house for cash… then us and our local partners fix up the property, beautify the neighborhood, and sell it “move-in” ready to a happy new home owner.
We pay for all of the repairs.
We pay for the closing costs.
We do all of the work, so you don’t have to.
We assume all risk on the backend if the home doesn’t sell once we go to market! You don’t have to worry if all the hard work you just put into the home will actually pay off. Wouldn’t that be the most frustrating thing of all? Spending all this time, money and energy to get the home ready to sell, you list it and guess what?!? It takes months to sell or worse, it just doesn’t sell because the finishes used in the home are not up to par with what the market demands!
Our goal is to make the whole process no hassle for you, so you can move on with your life and put this house behind you.