What Is The Difference?
Mike Home Buyers – Otranto Real Estate Co., has been buying houses with cash in North Carolina for years. However, we know that our process isn’t traditional and many people have questions about how we’re different than listing with an agent. Hopefully, we can explain it in simple terms and let you compare your options!
Compare the difference in selling to a real estate investor vs listing your house with a real estate agent. Going with an agent isn’t for everyone. The table below shows the difference between the two. Reach out to us today to discuss how we can help you in your situation.
|Selling w/ an agent|
|Closing Costs:||+/- 2%||ZERO|
|Inspection Contingency*:||+/- 10 Days||NONE|
|Financing Contingency**:||+/- 30 Days||NONE|
|Average Days Until Sold:||+/- 91 Days||SAME DAY OFFER|
|Number of Showings:||It Depends||1 (Just Me)|
|Closing Date:||Negotiated||YOUR CHOICE (I’m Flexible)|
|Repairs:||Negotiated During Inspection Period||NONE|
Make An Educated Choice
In the end, Mike Buys Houses wants you to be happy with your choice on how to sell your house fast in NC. If you’re tired of waiting for showings, buyer financing that may fall through, or spending money on repairs, we are the best option. We buy houses without tricky contingencies *(see below for a couple of examples). We like our agreements to be simple and our process fast. We also want you to be completely satisfied. If you still want to compare, and you’d like to sit down and talk more about your options, please give Mike Buys Houses a call! Our number is 919-473-6885
*An inspection contingency gives the buyer the right to get the home inspected and negotiate further if there are repair issues. If the seller and buyer are unable to come to an agreement about repair issues, the buyer has the right to back out of the purchase and reclaim his earnest money.
**A financing contingency states that the offer is contingent on the buyer being able to secure financing for the house. If the buyer is unable to obtain a loan, or if the home doesn’t appraise at the proper value, the buyer has the right to back out of the purchase and reclaim his earnest money.
Lastly, it’s good to remember that when you work with us, there is no obligation. If we make you an all-cash offer that you don’t like, you simply say “no thanks” and walk away. No obligations, no fees, no hassle. What are you waiting for?