You’ve seen the “we buy houses in Chicago” and “cash for houses” signs all around town when you’re driving around… even in other cities across IL… so who are these cash house buyers in Chicago IL? Are they legit? How does it work? Who should I trust?
We’ll dive into these questions here in this article… and don’t be afraid if you have other questions to hit us up on our Contact page or comment at the bottom of this article anytime as well!
Selling Fast: Who Are The Cash House Buyers in Chicago IL?
Selling your home in today’s real estate market, isn’t always the easiest thing to do.
If you need to sell fast due to divorce, job loss, pressures of relocation, or any other of life’s tribulations, this process can be especially formidable.
Luckily, there are ways for you as a local Chicago house seller to win! Selling to a cash house buyer can get you the cash that you need fast, while also taking your property off your hands so you can move on with your life.
Usually it will also relieve any pressures of repairs so you can sell your Chicago IL home as-is. Selling your house to the perfect cash buyer can be a quick and easy process.
So, who are the cash house buyers in Chicago IL?
Cash buyers will usually be investors that specialize in purchasing and selling real estate in a particular area. The cash home buyer industry has been around for a long as I am sure you have seen the reality TV shows about flipping houses. These business owners are mostly local investors who purchase, renovate and resell or rent the property when it is complete.
To best understand how the process works think about the process of selling a car. In many cases you will sell the car directly to the dealership and they will take care of cleaning, fixing, and finding the right buyer for the car. The car dealership will get paid on the difference in price he buys the car from your for and sells it to another customer. A professional home buying company business model operates the exact same way.
Quick Tips to Remember When Looking For A Reputable Local Chicago Cash House Buyer
- Price it right
- Be honest
- Be flexible
Price it right – When selling to a cash house buyer in Chicago, keep in mind that they’re buying with cash, instead of using bank financing… and they can close very quickly. We can buy your house in as little as 7 days from today if you wanted to sell that quickly… rather than waiting 30 days to 9 months to sell your house the traditional “listing agent” route. This means that a professional house buyer won’t be able to pay as much as a retail buyer (someone living in the house) would.
This also means that you’re getting a quick/ hassle free sale and cash in your pocket so you can move on with your life! Check out this article on pricing your home to sell. So don’t go into the process with expectations of getting the same price on a quick cash sale that closes in a matter of days or weeks that you’d get with an agent listing your house to find the ideal retail buyer for months and months and months.
It is also important to understand that a local cash home buyer like Blue Ladder Development doesn’t charge and fees or commissions with our offer. If you have ever sold a house before you are well aware that you walk away with considerably less from the closing table than the agreed upon contract price. That is because there are numerous fees involved in selling a house. Not with us! Our offer price is a net price meaning the price we pay you is what you walk away with.
Be honest – Always tell the truth when giving descriptions of repairs and values. An experienced cash buyer will do their homework, so tarnishing a relationship and potentially hindering a sale in the name of saving a few bucks, is never worth it. Just be honest with your buyer and they will work with you.
Be flexible – Cash house buyers in Chicago can often come up with creative solutions to your problems. Be flexible, and willing to share and listen to make the best of your situation.
Sometimes after talking to many local Chicago area house sellers we’ll find out that there are other options that make a lot more sense for them… rather than us buying their house. So, be flexible coming in and we’ll let you know what we feel are the best options for your situation. If it means us buying your house in a win-win transaction… great! If it means you selling your house another way (or even finding a way to stay in your house)… great!
All we care is that you’re taken care of in the process. That’s how we win so many long-term fans of Blue Ladder Development who end up referring their friends and family our way when they need to sell their Chicago area houses fast too.
The bottom line is, regardless of how daunting the task of selling your home may appear, sometimes all it takes is finding out who are the best cash house buyers in Chicago IL.