Your options as a seller!
Selling your property is a big decision and regardless of why you’re selling. Knowing your options puts you in a position to make a well-informed decision and not an impulse decision. This makes all the difference in how much you make on the sale. Did you know there are multiple ways to sell your home other than the traditional way? At CJB Home Buyer we are a resource, not a sales pitch. You choose what’s right for you and your situation! We’ll walk you through the rest! Don’t sell yourself short! Educate yourself on your options!
Seller Financing
In seller financing, the seller takes on the role of the lender. Instead of giving cash to the buyer, the seller extends enough credit to the buyer for the purchase price of the home, minus any down payment.
Subject to
We purchase your property Subject To the existing loan. The Transaction is run through a title company and we close on the property as you would in a traditional sale however, the loan stays in place and we take over the payments
Cash Offer
Cash Buyers are a great option if you are in a situation that you need to solve quickly. This option is not for everyone! Cash transactions usually require the seller to sell at a discounted rate.
Other Options
Hiring a Realtor is the traditional way to sell your home! We get it! Hiring a realtor is a great solution when selling. Realtors are well versed in the market and can help you achieve your goal when it comes to selling your home. Just keep in mind there are some situations where selling your home means you’re bringing your checkbook to closing, fixing the things you didn’t want to, or offering concessions on top of paying commission. That may not work for you and we’re here to tell you there are other solutions when it comes to selling. We work with Realtors on properties with little to no equity or just having a hard time selling.
Selling your home For Sale By Owner is a great alternative to hiring a realtor. Just remember all the work that comes with doing so. Calls, showings, making sure buyers are pre-qualified. Keeping the property looking great for buyers to tour. It’s a lot of work but it will save you thousands when it comes to selling. Also, keep in mind that selling FSBO means you have to deal with buyers’ agents which may ask for commission and concessions if the home is not in tip-top shape. You do however have multiple listing sites available so there are a lot of pros and cons when it comes to selling FSBO.
We LOVE Lease Options, matter of fact this is our favorite strategy. This is initially a lease agreement with the option to buy! So you the Seller get the full price with no negotiations. Most importantly no commissions are paid out. Typically we work with people who for whatever reason can’t get approved for a conventional loan. However, with our partners, they are on a fast track to getting approved for a loan so they take very good care of the home since they are working to buy this home for themselves. Repairs are taken care of by optionee, we require optionee to get a home warranty which means most repairs are covered under the home warranty. No midnight calls. We work with optionee throughout the lease-option period time to ensure they are on track to acquire lending at end of the option period.
Novation Agreements another one of our favs! Everyone wins with a Novation Agreement however, it’s not an ideal option for everyone. Depends on your situation and timeline! Novation Agreement is when we renovate the property and we take care of the renovations from start to finish and manage the whole process and then when renovations are complete we list the property and sell the property for full retail price and you make a considerable amount more than a cash transaction and our firm also benefits from the transaction. This is truly a WIN/WIN. However, this isn’t for everyone!
