We Buy Houses Boston is a catchall phrase utilized by an organization that purchases houses for people regularly. However, it can also just refer to an individual direct homebuyer branch located locally. With this branch, a particular real estate investor applies to purchase a house for sale with the assistance of a real estate agent from their local area. It’s often easier for individuals to buy homes in this region because agents are usually familiar with the local real estate market and tend to make more motivated sales with qualified buyers.
As you can see, both terms refer to the same process where home buyers apply to buy houses to purchase a home later. They can either be used with a directly purchased agency or working through an indirect agency. However, the main differences between these two terms center around how the home buyers receive cash.
With direct agencies, an individual investor can receive cash right before the home is sold. There is typically no need to pay for anything after the successful sale. In fact, the only thing paid for with these types of funds are the closing costs. Because there are no closing costs involved, it’s much easier on the pocketbook for an individual investor to purchase homes and get rid of them in the future.
For indirect homebuyers, the process is different. This type of buyer relies on brokers and real estate professionals to assist them with the entire home buying process. Brokers will assist homebuyers in the process of finding houses to buy. The way this works is that the investor will pay a fee to the broker who then serves as the intermediary between the homebuyer and the seller. Once a price has been settled on the deal, the broker will deliver the check to the home buyer directly.
This method of obtaining pre-owned houses works out well for homebuyers because there is rarely any additional costs. Most homebuyers who use this method will find that they pay cash immediately. In most instances, they will only have to pay the fee required by the broker and will not have to pay any costs associated with the home. There is also usually no need to compensate a real estate professional for their services, such as a realtor. All of these factors work in favor of homebuyers.
However, for many people, the convenience of not having to pay cash upfront is worth the fees involved. It allows homebuyers to quickly sell their existing houses without having to invest any money into them. The real estate investors who receive cash from the sale in this manner are able to sell the homes fast so that they can be in possession of their own properties sooner than later. This is the preferred method of selling houses for some people, but for others it is considered to be disadvantageous for several reasons.
One reason why home buyers prefer to sell with a broker or a real estate agent is because the traditional way of selling a house involves paying a considerable amount of money to professionals. One way to avoid paying high costs to professionals is to allow a homebuyer to do the selling process themselves. A homebuyer will not have to pay for any expensive repairs, wear and tear on the property, or to hire a professional inspector. The home will need to be evaluated by an experienced real estate agent before a home buyer can make an offer on the property. Once the offer is accepted, the house will need to be sold according to the terms agreed upon between both parties.
Another advantage to selling homes using this method is that the home will be sold in a very quick manner. Because homes are purchased quickly, there is no need to perform any inspections on the property. There is no need to bargain or settle for less than asking price because the offer has been verbally made. There is no need to worry about making a purchase quickly because selling homes with cash can be done in about two weeks from the time that an offer is made.