Do you want to buy a house in Columbia? Before you call a buyers agent, find out how you can quickly and easily obtain a home without hiring a middle-man! In our latest post, we explore how buying direct can benefit you when purchasing a house in Columbia!
Hiring a real estate can be expensive. If you are willing to do some of the work yourself, you can find the perfect house that meets the needs of you and your family.
How To Do It
Find A Professional Home Seller:
You can choose to find a professional wholesaler or home seller such as EN-VISION HOME SOLUTIONS to help you with your purchase in Columbia. With a direct sale, you don’t have to worry about commissions or agent fees. The financial information is readily available as well as the home’s history. A professional seller or wholesaler will have the real estate experience as same desire as you have to find great deals. By working with a pro, you can enjoy the benefits of knowledge without the costs of an agent.
On Your Own:
As with any real estate purchase, it is essential to have the financing you need in place before you begin home shopping. You don’t want to waste your time looking at houses you can’t afford, nor waste the seller’s time with an offer you can’t follow through on. Most sellers won’t accept an offer unless you are pre-approved.
Got Cash? Buying a house with cash will save you even more money. No interest, no mortgage fees and no hassle from a lender.
Drive The Neighborhood
When buying property directly, you should begin by looking at the areas you are interested in buying in. How are the schools? What will your commute time be? Make note of all of the houses you like, whether or not there is a for sale sign out front.
Scour The Internet
Ideally, you will want to find an FSBO that is of high quality and priced right. Buying from someone who is selling their home independently will help you avoid agent costs entirely. There are many listing sites out there, some catering to FSBO properties. Make notes on any house you are interested in.
Research The Property
Most of the time, a property’s information is public record. You can find sales history, ownership and tax information by merely visiting the local property appraiser’s website. As much as you can, make sure permits were pulled when needed and that the value of the home seems reasonable.
Run The Numbers
What have homes been selling for in the area? Knowing this information is vital in helping you make an offer that will be taken seriously. You don’t want to bid too high or too low on the house.
Contact The Current Owners And Make An Offer
Property information is typically public information. Using your property appraisers website, you will be able to find the owners name and current address. So houses are not owner-occupied, so knowing this will help in your negotiations. If they are not living in the house, their attachment to it is likely to be considerably less.
Once you have the owners information, write a letter expressing your interest. Always be respectful and not pushy. It can help to talk about how much you love the house and how beautiful it is. A reluctant owner is more likely to sell to someone they know will take pride in the house.
Talk To An Attorney
Before making any purchase, you should speak with your attorney and accountant to make sure everything is a ‘go.’ This will give you the reassurance you need to ensure you are buying a high-quality property in Columbia.
The seller will not need to pay for agent fees or marketing costs. Use this in your negotiation to lower the price. Let them know how much they will save by selling to you directly.
You won’t have to deal with agents or the red-tape of a traditional sale. The transaction is simple. Buyer and seller and that’s it!
An experienced home seller in Columbia will understand the local market and be able to provide full financial data on the property. EN-VISION HOME SOLUTIONS can help with any questions or analysis needs you might have!
If you plan on buying a house directly in Columbia, do your homework first. You need to let the seller know you mean business and are will pay if the price is right. If you are looking for a great price on a Columbia house, with the experience an honest you are looking for, give EN-VISION HOME SOLUTIONS a call today!