If you have thinking been about selling your home directly to a buyer (no agent involved) for cash but you have an existing mortgage, you may wonder how the process works. You can rest assured it’s common for sellers like you to sell their house directly and receive the remainder of the proceeds in cash after the lender has received the payoff for the mortgage.
Selling your home can be overwhelming, but you can relax by understanding how easy it is. So read on as we explore how to sell your house in the North East directly, even with a mortgage.
Your first step is to reach out to the lender requesting your payoff balance to sell your house in the North East directly, even with a mortgage. Of course, the amount they provide will differ from your remaining balance because the accrued interest is calculated in advance and expires within a given period; however, it provides an excellent estimate to calculate your profits. Next, local professional buyers like those here at North East House Buyers will compare their offer to what you could earn by listing your home on the market. To do this we deduct all the costs to you involved in selling on the market; agent commissions, solicitor fees, and all the holding costs that will be paid our monthly as you wait to sell your house, wait for the sale to go through, and then to re-list in case a sale falls through! This includes, council tax, mortgage, insurance, maintenance, utilities, etc. The professional buyers at North East House Buyers do this because we want you to make an educated decision with all of the facts in hand, so you’ll agree our offer is fair. And, the professional buyers at North East House Buyers don’t charge commission, and there are never any hidden fees to come off the top of your profits at completion.
At first, our offer may seem low compared to what an agent may estimate what your home is worth, but once you throw in all the extra costs and additional hassle, there is often very little difference.
It’s helpful to understand the timeline when you sell your house in the North East directly, even with a mortgage. Unlike the uncertainty of listing a home on the market, professional buyers like us at North East House Buyers can provide you with a guaranteed completion date. The professional buyers at North East House Buyers have the advantage of built-in time and money-saving efficiency with a full-service team of industry specialists, including every pro needed to complete swiftly, typically within days. In addition, the professional buyers at North East House Buyers are happy to work with you to schedule the best calendar date for the completion to make the process as convenient as possible for sellers; just let us know your plans.
It is worth noting that on the open market, 1 in 3 sales fall through. But we have never lost a sale. This is something no estate agent will ever let on to!
Prepping is different when you sell your house in the North East directly, even with a mortgage. Because there’s no need to attract buyers, you don’t need to worry about curb appeal or adding a fresh coat of paint. In addition, the marketing costs, professional fees for photographers or stagers, and the hassles of viewings are all eliminated through a direct sale. Professional buyers like those at North East House Buyers save sellers time, effort, and money. You don’t even need to worry about a final cleaning, just pack and leave the rest to the professional buyers at North East House Buyers.
While conventional home sales include prepping and making repairs, you can keep your wallet in your pocket when you sell your house directly in the North East because professional buyers like those at North East House Buyers buy homes as-is. In addition, the professional buyers at North East House Buyers will detail the numbers used to calculate the offer to buy your home directly.
While traditional legal fees can cost sellers a considerable chunk of their profits, you eliminate the legal costs when you sell your house in the North East directly, even with a mortgage.
Professional buyers like those at North East House Buyers and their team save you time and money by handling the entire process in-house. And the amount your professional buyer from North East House Buyers offers is the amount of cash you’ll receive. There are no surprises when you directly sell to a professional buyer at North East House Buyers because we operate with total transparency.
If you’d like to sell your house in the North East directly, even with a mortgage, talk to one of our professional buyers at North East House Buyers today without obligation. At North East House Buyers, we understand the importance of clear communication and know it starts with listening. The professional buyers at North East House Buyers are seasoned local property investors who live and breathe the North East, understand that no one knows the selling points and the history of your house the way you do. At North East House Buyers, we understand that many motivations may drive your home’s sale. Whether you’re under a time crunch, facing financial difficulties, or can’t afford the necessary repairs, our passion at North East House Buyers is helping our neighbours here in the North East solve their home selling problems. We’re happy to answer any of your questions or concerns about the process at North East House Buyers; our goal is to help you make the most profit from the sale of your home. For example, suppose our professional buyers at North East House Buyers believe that listing your home on the North East real estate market would be better for your circumstances. In that case, they will tell you so because at North East House Buyers, it’s important to us that you feel good about the deal long after completion. Ready to learn more about how a professional buyer at North East House Buyers can help you? Call North East House Buyers at 0191 462 0160.