John Lemon Buys Houses What Are My Options

I need to sell my house fast. How to get the best price?

Here are the Pros and Cons of the Top Three Options for selling your house.

  1. Sell your house yourself (FSBO) (most control)
  2. Use a real estate agent (easiest)
  3. Sell your house to real estate cash buyers (fastest)

Option 1: For Sale by Owner (FSBO)

Some people list their homes or commercial properties for sale by owner. This means you are selling it without a real estate agent. In addition to hanging for sale signs on the exterior of the property, you might take out newspaper ads and post the property online.

FSBO Pros

  1. You do not have to worry about realtor commissions and other possible fees they might charge for listing your home.
  2. There are no exclusivity contracts common with realtors.
  3. You are free to set your own prices and can raise or lower them as you see fit.
  4. You negotiate directly with interested buyers or the buyer’s agent.
  5. You could sell the home on land contract or as a rent-to-own property.

FSBO Cons

  1. It can take longer to sell your home than using one of the other two options. FSBO properties tend to stay on the market slightly longer than other for sale properties and could take as long as two years in some cases.
  2. You are responsible for ensuring the title company takes care of certain paperwork and other such tasks to prepare for closing.
  3. You may need to hire a real estate lawyer to ensure the sale of the property is handled correctly.
  4. The home is not part of the MLS (Multiple Listing Service) database, as this database is reserved for use by realtors, agents and brokers, and other realty professionals.
  5. You are responsible for staging the home and showing it to potential buyers.
    You may have to make repairs to the property.

Get Offer

Or call or text us at (253) 200-4527

Option 2: Real Estate Agent

Your second option is to retain the services of a real estate agent to sell your house. Most realtors will require you to sign a contract requiring to use their services for a minimum of 6 months.

Real Estate Agent Pros

  1. A realtor will make recommendations on how to properly stage the home to attract buyers.
  2. Your home is listed in the MLS database so it gets more exposure than FSBO properties.
  3. Your realtor will take care of showing the home to potential buyers.
  4. Realtors will schedule and host open houses.
  5. Your realtor will typically be present at closing and assists with closing processes.

Real Estate Agent Cons

  1. You have to pay your realtor a commission based on the sales price of the home.
  2. You may be required to pay certain added costs at closing, like points and other fees.
  3. You may also need to retain a real estate lawyer to verify sales agreements are legally binding.
  4. You may have to pay for a home inspection and pest inspection prior to listing the home on the market.
  5. You can be required to make certain repairs to the home before you can sell it.
  6. It can take between six months to a year, sometimes longer, to sell the home.

Get Offer

Or call or text us at (253) 200-4527

Option 3: Real Estate Cash Buyers

The third option is to find people who buy houses as an investment. Unlike listing your home for sale using the other two option, real estate investors will just purchase the home directly. This can be a big advantage for people who do not want to go through the hassle of a conventional sale.

Real Estate Cash Buyer Pros

  1. You do not need to make repairs to the home.
  2. You sell the home to the investor “as-is.”
  3. You can sell your house in as little as 7 days.
  4. There are no added commissions or fees.
  5. Most investors will also pay all closing costs.
  6. May be able to help you stop foreclosure by selling your home.
  7. You might sell your home with owner financing to a buyer.
  8. Lemon Home Buyers offers additional assistance to the seller.

Real Estate Cash Buyer Cons

  1. The purchase price is typically less compared to the other two options since homes are purchased “as-is.”
  2. Selling to a real estate cash buyer may not be the best option in certain situations. For instance, if you have little equity in the home or owe more than it is currently worth, and you may not able to negotiate a discounted price with your lender, then you would be responsible for the difference between what we will pay and the balance owed on your mortgage.

Get Offer

Or call or text us at (253) 200-4527

When Is Using a Real Estate Cash Buyer Best?

Real estate investors normally buy houses that are in need of repair or upgrades. They could have outdated appliances, need major repair and/or renovation work, or other work to make the house sellable as a FSBO or through a realtor.

If you do not have the money to invest to make updates to the home, but need to sell it, then you will want to talk to one of our real estate investors.

You should also consider using our real estate cash buyer if time or urgency is a critical factor for selling the home, such as:

  1. You got a new job or are being relocated to a new area and need to sell the home quickly.
  2. You are going through a divorce and part of the settlement agreement is to sell the marital home and split the proceeds.
  3. You need to move your elderly parents into a retirement community or assisted living facility and need to sell their home to cover their new housing costs.
  4. There is a death in your immediate family and the home is no longer needed or needs to be sold as part of the processes to settle their estate.
  5. You have vacant rental homes and want to convert them into cash.

To find out how much we would be willing to purchase your home or commercial property for, or for further questions or information about our processes, please feel free to contact John Lemon Buys Houses at (253) 200-4527 today and request your free, no obligation cash offer! If you like our offer, we will work with you to sell your home for cash quickly and easily.

Lemon Home Buyers’ process of buying your home follows four simple steps:

  1. We will ask you questions about the property and do an evaluation to determine a fair value (offer price) for the property.
  2. If the home needs repairs these are deducted from the initial value to arrive at the offer price.
  3. You receive your no-hassle offer price showing the amount we will pay you in cash for your home. Lemon Home Buyers pays all costs and fees. No pay nothing at closing.
  4. If you decide to proceed with the sale of your home, we arrange closing at a title company near you. The title company prepares the closing documents.

The sale of your home is complete and you walk out with cash in hand, minus any payments to pay off your mortgage.

As you can see, selling your home to Lemon Home Buyers is a hassle free process.

Although, this method of selling homes is not right for everyone. It is important to understand there are three different options available to sell your home or commercial property, as well as the pros and cons for each one.

This will help you make informed decisions and choose the process that works best for your situation.

Get a Free No-Obligation Offer on Your House Today ››

  • Property Information

  • Your Contact Information

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