4 Misconceptions About Selling Your House To A Wholesaler In Independence

4 Misconceptions About Selling Your House To A Wholesaler In Independence

Selling your house to a wholesaler can be an excellent selling solution for many Independence homeowners. But you really need to understand what’s going on and many have misconceptions about the process.  We tackle them in our latest blog post! 

Before we dive into these misconceptions, be aware that not all real estate wholesalers are alike. Some may have different motives, criteria, and the ways they operate. Before choosing to sell your house to a wholesaler in Independence, ask questions and find out more about them, their business, and what they can offer you. There are so many brand new wholesalers that read a book or saw a video and are learning how to do the business, but may not be quite proficient.  Making sure you are working with someone who knows what they’re doing vs. someone who practicing with your house will make a big difference in how much you are able to get when selling your Independence home.

Common Misconceptions

They’re Going To Get Ripped Off

A great wholesaler isn’t in the business of ripping people off. They are in the business of helping homeowners who need to sell and lack the time to wait for a traditional sale on the MLS. They are in the business of finding the right buyers who can close on a house fast, providing the seller with a fair solution to their selling situation. They work hard to find the right buyers for the seller’s homes, typically closing within one to four weeks. What wholesalers do offer homeowners is a convenient sale, a fast closing, and a fair offer. That’s not to say there aren’t some people out there that take advantage, but if you work with a trusted and professional wholesaler in Independence such as kcmoHomeBuyer, you won’t ever have to worry about getting ripped off.

Here at kcmoHomeBuyer.com, we typically offer  full cash price closing in a few days because we have the funding, we know our numbers, and we’ve done this a few times.  Some of our competitors might offer a bit more, but they don’t have the cash to close and instead are going to market their purchase contract they have with you to their trusted list of buyers.  Most will get it sold, but you might have to wait an extra 30 to 60 days to get it doen.

There Will Be Hidden Costs

While we can’t speak for all wholesalers out there, when you work with kcmoHomeBuyer, there are no hidden costs or fees to worry about. You will be able to sell your house without spending a dime. There are no commissions or administrative fees, and you are not going to get asked to come out of pocket to make any repairs.

The only fees you will have that come out of the proceeds of the sale are the costs at the title company to pay

  • Any remaining mortgage balance.
  • Tax and Home Owner Association prorations.
  • Tenant Rent and Security Deposit prorations if the property is rented.
  • Title Insurance.
  • Closing Fee.
  • Filing Fees.

We can find out these exact fees from the title company should you want to know a fairly accurate amount.

While we aren’t paying full retail price for your house, the amount you are able to save will usually balance things out. And that’s not to mention all the time and effort you will save which has a value all of its own!

Wholesalers Are Just Trying To Make A Quick Buck

Of course, there are those fly by night wholesalers who are looking for a quick deal just as a means to get into the real estate industry. While they may be fully capable of finding and facilitating a great deal, someone who is more experienced, and who does this full-time may be in a better position to help both buyers and sellers. They will have a wide network of buyers, who all are interested in different types of properties at different price points. An experienced wholesaler in Independence will know which buyers will pay what you are asking, doing the work to close the deal as quickly and efficiently as possible.

We see many of our sellers that we talk with that go with a much higher offer from one of these newbie wholesalers.  Sadly, the newbie wholesaler does not really know what they are doing, offer too much and then can’t ultimately buy your house.  If you should take a higher offer from someone else and it just does not work out with them, please remember we are still here and we still want to buy your house.  Rest assured our numbers will be accurate and once we have a contract, we have the funds to close and get you paid.

There’s A Catch

There is never any sort of catch when working with kcmoHomeBuyer to sell your house in Independence. You will not have to deal with any surprises or hurdles that will disrupt the sale of your house. You won’t ever have to make any repairs, worry about cleaning, or wait longer than expected. While some wholesalers have things hidden in the fine print, selling with kcmoHomeBuyer will ensure you receive a fair and no hassle process no matter your situation or the property’s condition.

Ok, sometimes there is a catch, but not from our side.  We have contracted to buy a few houses that once we got all the paperwork to the title company there was some issue with unpaid liens that needed to be resolved.  In most cases, we were able to work with our seller and the title company to get these removed if they were paid, negotiate with the lien holders if they were not and in some cases, we hired an attorney to complete a quiet title to allow the sellers to be able to sell us their home.  The only catch was that some of these things took a bit of time.  So if you have some really messy title issues, we will do our best to figure out a way to solve them.

The Truth

While there are some wholesalers out there looking to make a quick buck at any cost, there are others, like us here at kcmoHomeBuyer who thrive on providing solutions to home sellers who are looking for a fast and fair way to sell their homes. We’re able to provide realistic solutions to local homeowners who need to sell quickly because of divorce, foreclosure, or any other difficult situation. We love being able to match up buyers and sellers so everyone wins. Buyers are able to find the properties they want, and local sellers are able to offload their houses at prices that make sense. We are always transparent about everything we do.

If you are looking for a convenient, fast, and fair way to sell your house fast in Independence, working with the team at kcmoHomeBuyer may be the solution you have been waiting for. If you have a house in Independence that needs some work or that needs to be sold quickly, you don’t have to feel stuck or worry about selling it for pennies on the dollar. For many people, the process is much easier than listing or selling on their own. By working with a professional and experienced wholesaler in Independence, you will be able to get a great cash price for your house while closing very quickly.

Learn more about selling your house to a wholesaler in Independence! Reach out to us today for answers to all of your questions! (816) 408-3600

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