Who Will Buy My Eugene, Oregon Home with Cash?
Looking to sell your home in Eugene? You have three options, depending on the ultimate goal you have with selling your home. With the economy as tough as it is currently, selling can be a difficult process, but that doesn’t mean it cannot be done, even if you are facing foreclosure.
For anyone in pre-foreclosure, selling your house quickly for cash is likely something you are considering. You are smart to do so. A foreclosure can be devastating to your family and your credit. Exploring other options is wise. If you are in such a situation, there are still some valid options you should consider, the foremost of these being selling your house quickly in order to get out from under mortgage payments before your credit is affected.
Cornerstone Properties is a reputable investment firm in Eugene, Oregon that will pay cash in as little as seven days for homes in the greater Eugene area, even if they aren’t in the best condition. We don’t use a lender, so we don’t have to get bank approval. If we make an offer on your property, we have the amount in hand and are prepared to close in as quickly as a week if need be. However, before you decide, you should consider the three most common options available to you in pre-foreclosure before making a final decision.
Option #1: Sell Quickly for Cash to a Local Investor Like Cornerstone Properties
If the primary concern is selling the home quickly or avoiding the work, costs, and hassle associated with readying the property to earn top dollar on the MLS, then your best bet is going with a property investment company in Eugene like Cornerstone Properties. Of course, you must be willing to accept less than full retail value from an investment company. But if you want to avoid agents all together and get the money the fastest way possible, this is your method of choice.
Option #2: Use a Real Estate Agent to Find a Cash Buyer
If you can wait a bit and don’t mind paying an agent a commission, you can likely find a cash buyer willing to pay a bit more. Now you might be thinking that real estate agents are better at helping you find buyers who are going to be using a lending agent (like a family who is buying with a loan from their bank), but they can help you find cash buyers as well.
Do a little research on your own here. Contact 4-5 agents in Eugene who claim to have sold for cash in the past and ask them to show you some of the homes they’ve sold in the past 6-9 months. Look for the agent with the most properties and the largest presence both in-town and online. By finding an agent who can demonstrate they are good at finding in-cash offers on properties similar to your home, you are setting yourself up to have a strong shot at getting a good in-cash offer. The downside here is the commission a qualified agent will charge can be as high as 6%.
Option #3: Selling Using a FSBO Listing
If you have time to wait and you don’t want to pay any commission fees to an agent, you can sell your house on your own as a For Sale By Owner (FSBO) listing. Even if your home is in an area that doesn’t get as much through traffic, you can still advertise and find possible buyers online. There are far too many web-based real estate agents that will even let you purchase your own MLS listing for as low as $300 in some cases. There are also widely-popular free sites like Craig’s List you could list your house on as well.
One tip for online advertising: pictures will get clicks at rates exponentially faster than a listing without any pictures. Do your best to get clear, clean pictures that show what’s best about your home.
Who can buy my home with cash in Eugene?
If you are still stuck asking this question, you are going to have to step through it by evaluating what’s most important to you. If you have all the time in the world and want the most out of an in-cash offer, using an FSBO listing or getting your listing onto the MLS through a cheap online realtor may be what’s best.
If you want to get more than the minimum and have time, but don’t want the hassle of doing the work to sell the house yourself, your best choice would be using a real estate agent.
If your number one priorities are having the most hassle-free experience and getting your money as quickly as possible, then using a reputable real estate investment company like Cornerstone Properties offers a lot of benefits.
If you want more advice or are curious what we’d pay in cash for your Eugene, Oregon home, give Cornerstone Properties a call today or fill out the form on this page.