Your Guide To Walking Away With The Most Money When You Sell A Home In Frederick, MD
To sell a home for cash in Frederick, MD, is a big step and one you should take with confidence. Therefore, it is only natural for you to want to know whether you will benefit the most from working with a real estate agent or choosing companies that buy houses in Frederick, MD, like us.
Luckily, we’ve done the research and crunched the numbers, so you won’t have to.
See the difference.| Working With A Real Estate Agent | Selling To AKO House Buyers | |
|---|---|---|
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Timeframe |
Can take upwards of 70 days on average - 30 days to get an offer and 45 days more to close in the best case. |
You get your cash in as little as 7 days. |
|
Commission |
You pay the real estate agent 3-6% of the total sale. |
You keep all the cash. |
|
Home Preparation |
Needed to attract buyers and will be paid for by you. It may include repairs, deep cleaning, landscaping, junk removal, and staging. |
Not necessary. We'll take your home as it is. |
|
Appraisals |
Required, especially when your buyer is getting a mortgage. It can take up to 20 days. |
We skip the appraisals and simply make an offer. |
|
Home inspections |
Carried out by the real estate agent to identify what needs to be repaired and renegotiate the price. |
We conduct an on-site evaluation to assess the condition of your home and determine how much it's worth, nothing more. |
|
Financing contingency |
While some mortgage buyers may have a financial contingency to keep the deal afloat if the loan doesn't clear, there's no guarantee that it will not fall through. |
Not needed. Simply collect your cash. |
|
Closing Costs |
You pay 1 - 3% of your sale and are not included in the commission. |
You pay nothing. We cover all the costs for you. |
|
Receiving Funds |
Depends on due diligence and other details, the lender your buyer is working with needs to settle before the close. Typically takes 49 days. |
You can have cash in hand in as little as 7 days. |
It's Clear: AKO House Buyers Makes Offers You Can't Refuse
Don't Live In Limbo; We Eliminate All Uncertainties When You Sell Your House For Cash
House buyers always have enough wiggle room to walk out of a deal. In the case of inspection contingencies, buyers can inspect the home, renegotiate a lower price if repairs are needed, or back out if they can’t reach an agreement. Financing contingencies, on the other hand, enable buyers to walk away if their mortgage loan falls through or the home doesn’t appraise for the value the bank needs to close the loan.
When you work with companies that buy houses for cash in Frederick, MD, like AKO House Buyers, you don’t have to worry about buyers backing out of the deal or renegotiating a lower offer.Get a fair all-cash offer when you sell your house for cash in Frederick, MD.
*An inspection contingency lets the buyer have time to do an inspection and back out of the sale or negotiate a new price if there are repairs that need to be done. If you can’t come to an agreement with the buyer, the buyer has the right to back out of the sale. Similar, a financing contingency gives the buyer the wiggle room to back out of the purchase if they can’t obtain a loan or if the home doesn’t appraise for the value that the bank needs to close the loan.
Here at AKO House Buyers, we don’t use bank financing so you don’t have to worry about our ability to close on a deal.