Why Selling to a We Buy Houses NJ Company Makes Sense

“We Buy Houses NJ for Cash” is a generic term used to describe any and all real estate investors and companies who are willing to pay for cash on any property offered with little to no repairs or renovations required.

One of the biggest reasons to sell your property to a “We Buy Houses NJ” company is that they’ll take your property off of your hands “as is”.

Another added benefit is that these companies are more willing to work with you than most real estate investors. This means that if you want the deal to be closed fast, they’re far more open to negotiations.

How Do We Buy Houses NJ Companies Work?
Working with a cash buyer is simple.

The process starts with you calling them and submitting the necessary information to get a qualify, no-obligation offer from them. Then, once you’ve received the offer, the two of you can then negotiate when the cash buyer can perform an ocular inspection of the property. After this, the cash buyer will proceed to give a revised offer (it can be higher or lower, it depends) based on numerous factors.

If you accept the revised offer, the two of you can then work out on the closing date that’s most convenient for you.

Oftentimes, the closing costs and other fees involved in the transaction is covered by the cash buyer. This means that you have little else to worry about. However, it’s still best to make sure, so read the fine print before signing the contract.

Once you’ve sold over your property, the cash buyer then proceeds to make the necessary repairs and renovations to sell it at a higher price.

Basically, what we’re describing here is that they’re house flippers.

Disadvantages to Selling to a We Buy Houses NJ Company
Getting a fast, all-cash offer for a property as-is with the flexibility of choosing your own closing date doesn’t come without its fair share of compromises.

For one, the biggest compromise is equity.

Unlike the traditional real estate selling process where you can set your price, cash buyers are the ones who will be making the offer. Often, the price is around 20% to 50% of your home’s fair market value.

That’s a lot of money.

There’s also the risk that you might be working with scammers. Although the government has managed to crack down on many illegitimate cash buyers, there are still a couple who remain operational. This is why it’s important that you can double-check the investor or company to see if they have a proven track record and have established themselves as a trusted company in and out of your community.

As a general rule of thumb, don’t sell your property to the first “We Buy Houses NJ” that you see.

Sell Your Property to a We Buy Houses NJ Company Today
On average, homeowners are expected to pay up to 10-20% of their home’s final selling price in fees when selling real estate through traditional means.

Keep in mind that the final selling price is usually lower than your home’s fair market value, which means that you could be losing as much as 25% in fees. Not included are other expenditures involved in the traditional home selling process. This includes staging your home to attract potential buyers and having to deal with buyers all of the time, which can be pretty stressful if you plan on living in the property until it gets sold.

On the other hand, working with a “We Buy Houses NJ” company means that you can set the time and date when the deal is closed, allowing you to plan things properly, which makes for an overall less stressful ordeal.

In the end, it’s up to you to decide how you’ll sell your New Jersey property.

If, however, you’re willing to take a slightly larger hit on how much money you’ll end up having, at the expense of a less stressful transaction, you’ll want to take a close look at working with a reputable cash buyer in your area.

Download our
FREE Market Guide
Now

  • This field is for validation purposes and should be left unchanged.

See Our Google Reviews

Estefania Castaneda
Estefania Castaneda
17:24 04 Sep 21
Extremely pleasant, attentive to all my needs always. It was a pleasure renting an apartment from Ken.
Vichai Soysouvanh
Vichai Soysouvanh
14:17 03 Sep 21
Can't say enough about Ken and his team. This was the most seamless sale I made. I didn't have to deal with all the... nonsense that comes with selling your home. They bought my house as is, I didn't have to declutter and pay a broker commission. All in all great experience, will do business again.read more
Niki Keser
Niki Keser
17:46 06 Aug 21
I had a wonderful experience renting one of their properties for 7 months. The apartment was beautifully remodeled and... Ken and his team were always responsive to any needs. I would recommend to anyone looking to sell or rent.read more
YASMINA VASQUEZ
YASMINA VASQUEZ
15:13 02 Aug 21
Ken and his team were professionals ,they promised and they delivered or anything
Alfredo Garcia
Alfredo Garcia
03:20 17 Jun 21
Selling my property too Ken was the best thing I did. Although I was skeptical at first I soon found out how... professional he was. Even though my closing contract was not standard because of the pendemic situation. He followed through on time with all the contract terms as promised. Thank you Ken for your professionalism.Alfredo Gread more
Vishrut Patel
Vishrut Patel
23:27 19 May 21
Ken was referred to us by someone who had sold their home thru Ken last year. From the first meeting to the last... transaction, Ken and his team were professional, efficient, easy to work with, and above all.... caring. Each seller's situation is different, and Ken truly understands that. We were treated with respect each time.Since we were in a time crunch situation, selling our home with a cash offer from Ken was the best decision we could have made. We were perfectly okay with getting slightly less money for our home as compared to selling it via an agent. But if you consider the money saved on agent commissions (both buyers and sellers), closing costs, repair costs, attorney fees, and most important of all... time and headache, you can't beat the option to sell your home with a guaranteed cash offer from a reputable buyer like Ken.My wife and I were very pleased with our experience with Ken. If you are in the market to sell your home fast for a cash offer, I highly recommend giving Ken a call!Best of luck!Vishread more
Christopher Martino
Christopher Martino
14:19 10 Mar 21
Ken and his team were great. They were easy to work with, professional, and responsive. If you are thinking of selling... your home they offer a super easy process.read more
Chelsea Grant
Chelsea Grant
15:36 03 Jan 21
I am a travel nurse and stayed in a town home for 3 months... It was exactly as described and any issue that came about... was handled within a few hours - I would definitely recommend and I would definitely stay again!read more
Aaron Zachko
Aaron Zachko
12:41 14 Aug 20
Amazing experience! Ken was upfront, quick and got the deal done in no time. Having done a number of real estate... transactions this was by far the easiest and smoothest. I would unconditionally recommend him to anyone looking for an easy, quick and fair transaction.read more
Joseph Tricarico
Joseph Tricarico
19:10 26 Mar 20
Ken is a very professional individual from start to finish. As promised, he gave me a fair deal on my one of my... properties that was in rough shape. He was knowledgeable and responsive to my requests and as promised we didn't need to waste time with inspections and appraisals and we closed quickly. He made it painless as possible by having his crew handle the clean up. This was truly a quick and easy process but a professional individual. Thanks Ken!read more
Next Reviews

Site Map
Privacy Policy

Click for the BBB Business Review of Cash Buyer New Jersey

BBB RATING: A+