How Much Cash For Houses In The San Antonio Area Can You Get?
If you’re thinking about selling your house, here’s how much money you can get
Sellers are asking about cash for houses San Antonio and surrounding areas – they want to know how much they might get if they sell their house. If you’re thinking about selling and wondering how much you can get, this article will help to answer your question.
An Important Definition
Since this blog post will be read by people all over San Antonio (and surrounding areas), with various prices reflected throughout the area, it’s difficult to write about a specific dollar figure for each situation. However, here’s an important concept that will help you understand how much cash for houses San Antonio people will pay…
On The Market: When a house is sold “on the market”, that usually means it’s listed by a real estate agent and sold after a buyer has seen the property and made an offer. Houses sold on the market will often be sold for around the same amount as other similar houses in the area have sold for. This is what’s called “market price”.
Off The Market: When a house is sold “off the market”, that usually means that the homeowner has decided to sell their home by themself or directly to a buyer instead of listing it. Houses sold this way will often be sold for less than their market price, this is what’s called “below market price.”
You might be reading this and asking yourself, “why would anyone accept below market price, and less cash for houses in San Antonio than others?”
Great question! But there is more to the story:
- Selling on the market usually means you’re selling it to someone who will probably live in the house. They are often buying the house for themselves and their family. But, when you sell your house off the market, you’re often selling to a company that may be investing in order to turn your house into a rental property or to renovate it and sell it.
- Selling on the market usually means the buyer will need financing. Selling off the market to a professional buyer often means that a home-buying company is willing to pay cash for houses San Antonio and surrounding areas. (That’s the reason why some people prefer to sell off the market – they do not want to have to wait for the buyer to get financing; they want to know their house is sold right away).
- Selling on the market costs you money… sometimes a lot of money. If your house needs improvements and repairs, you will usually have to spend money to fix it up before you can sell it on the market. However, when you sell it off the market, to a company like us at Lone Star Real Estate Solutions LLC, you can usually sell your house as-is – saving money (and the time and hassle) by not having to make repairs.
- Selling on the market with a real estate agent will often result in paying commissions and fees to to sell your house. But selling off the market to professional home buyers like Lone Star Real Estate Solutions LLC usually means no commissions or fees or closing costs.
How much can you get for your house? Selling on the market might mean you sell your house for more money, but it often costs more and takes longer; selling off the market could mean you sell your house for below market price, but it’s quicker and there are no fees or expenses.
So, how much will sellers get in cash for houses San Antonio and surrounding areas? It depends on how you’re selling – on the market or off the market… and that’s determined by how fast you want to sell and how much time and money you’re willing to invest to sell.