On any given afternoon, there are approximately five thousand active apartment listings as well as nearly five hundred new homes for sale in Phoenix, AZ… The market is harshly competitive, then listing, staging, showing as well as selling a condo can take a while.
There are a superb deal of requirements as well as paperwork involved, There are also a litany of costs that show up at closing… Many apartment sellers aren’t aware of these expenses as well as are caught by surprise, but it’s customary for sellers to pay for inspection fees, condo taxes, loan retransferance fee, retransferance recording fee, transport tax, attorney fees as well as title insurance. The total costs add up to around six to ten percent of the purchase price of the home. The real estate agent commission is properly around five to six percent of the total price, but when selling a apartment via the traditional method, settlement fees are due at the end of the transaction, when the title of the condo is transferred over. With more as well as more people deciding to sell before the mortgage is paid off, there is frequently the need to settle up the mortgage balance as well, fortunately, there is an alternative, and cash apartment purchasers accept properties in any condition. They don’t require inspections, repairs or replaces. With no need for the buyer to secure a loan, the stipulations of the bank don’t enter into the process, and getting started is as simple as making a iphone call or filling out an online form! Answering a few simple questions results in an offer, often within 24 hours. The inquiry is free as well as there is no obligation. Choosing a local Phoenix company rather than a national apartment buyer avoids the sale of leads as well as getting pestered. If the offer is accepted, the closing normally happens in under two weeks. The seller walks away with cash in hand.