It is tedious and daunting to buy or sell a residential property under normal circumstances. If you want to say sell my house fast, the house price the buyer quoted is distressingly low. The buyer often wants to take advantage of the situation by giving a price that is below the property valuation. But a proper dealer can make all the difference; he finds a potential buyer and evaluates the actual market price of the apartment, home, or land. There are thousands of websites offering to buy a house, but finding the right valid service provider can be tricky. Choose a real estate agent who knows the market and has the specialized skill to facilitate property transactions.
The real estate market in Canada in the last few decades has grown immensely. Earlier real estate agents were just intermediaries between buyers and sellers. But now, they study the contemporary real-estate market, identify the trend, and present the present market scenario to both potential buyers and sellers. Besides real estate agents, there are professional home buyers in Canada who buy homes or property directly from you in cash. There is a difference between a traditional and a professional home buyer. Anyone who purchases a property with cash can be a traditional home buyer, as the individual does not have the necessary expertise; they work in tandem with real estate brokers. A professional home buyer purchase duplexes, apartments, standalone houses, and townhouses.
Fast processing, quick dispatch
The main difference between traditional and professional buyers is a resource. The latter are qualified, experienced Companies with deep pockets to buy your property promptly. As they possess a pool of experienced, skilled professionals, the survey is done fast; a written offer is given to you. The renovation and restoration estimate is calculated fast, so the process of the offer letter is dispatched as soon as possible. On the other hand, traditional home buyers do not have the expertise, they hire professionals to make the estimation, and thus the process is prolonged. It may take months before they offer a price as they go for a thorough inspection of the roof, water well, exterior, and molds.
The closing offer from professional home buyers comes within a short period, within a week. Traditional home buyers take a longer period due to lengthy inspection processes or lack of immediate funds. The closing price of professional home buyers can be a bit lowers side, but it includes all the expenses and fees involved in a property purchase. They consider the renovation and restoration costs, which have to incur before the resale of the property. The closing offer includes all legal fees, real estate commission if any, repair costs, mortgage fees, and other expenses. While traditional home buyers offer the price they can afford, it is often below the property valuation.
When you say sell my house fast, professional home buyers purchase any property in dilapidated condition, fire, storm, or termite damage. Even if they buy a property with problem tenants, litigated titles, and unfinished ones, you need not pay a fee or commission while dealing with professional home buyers, which otherwise is 5% of the transaction value; it is a peer-to-peer deal with no intermediaries.