There are a lot of things to consider when placing your mobile home for sale. How long will your mobile home be on the market waiting for a qualified buyer? What shape is my mobile home in, and how much will needed repairs cost? Will the buyer find something wrong with the mobile home after the closing and potentially sue? Can I afford the commission if I deal with a Realtor? Call us at 469-795-1227 to find out additional questions to ask yourself before deciding to sell.
As-Is Purchases
Professional mobile home buyers in Texas will usually purchase mobile home as-is. As a seller, this means you do not have to worry about repairs before closing or any other additional expenses you were not planning on. There are some companies that do not require inspections which makes it a truly as-is transaction.
Easy Closings
Professional mobile home buyers in Dallas, Texas, Texas typically close faster than traditional home buyers, and usually in pay full in cash. Traditional home purchases usually require qualifications from banks, mortgage underwriting time, property inspection time and the buyer may not end up qualifying in the end. There are also normally no commissions paid to a buyer’s or seller’s agent which means thousands of dollars in savings. The usual commission is 3% per side, so if you sell your mobile home for $200,000, you would have to pay $12,000 in commissions alone! Professional mobile home buyers also may not charge transaction fees; if they do, they are extremely low in comparison to the commission or closing costs you would have to pay otherwise. They also provide mail-away closings which are a wonderful thing for out of state owners.
Extended Occupancy
Professional mobile home buyers are in it for the investment. They are not expecting to move into the mobile home on the day of closing. Most home buyers will allow a move-out timeframe after closing to allow you to relocate at your own pace. This is extremely helpful, especially with such quick closing timeframes. Also, you may not even have to clean the mobile home when you leave. You can simply pack your personal items and furniture you want to keep and leave the rest.
Stress-Free Selling
When you decide to use a professional mobile home buyer in Dallas, Texas, Texas, you will not have to worry about going through a roller coaster of emotions. There are no frustrating, middle-of-dinner phone calls asking if you are available to show your mobile home. You don’t have to worry about leaving your mobile home spotless every day before heading to work, just in case there is a showing while you’re gone. You don’t have to worry about possibly running into a buyer’s agent or their clients or dealing with them asking you questions that you really shouldn’t answer anyway. You also don’t have to worry about buyers arguing with you over which furniture you are taking and what you are leaving.
Less Risk
Selling to a professional mobile home buyer is extremely straight forward. They will layout every step of the process and usually have shortened, very clear contracts that are simple as-is purchase agreements. You will also have lessened exposure to legal risks. You won’t have to worry about the buyer finding something you didn’t know you didn’t disclose or something they don’t like about the mobile home or the neighborhood. Under most traditional real estate contracts, there is a potential for the buyer to sue you if they feel they didn’t get all of the information, or if they feel the facts were misconstrued. Professional mobile home buyers already know the state of the property, and they are willing to take on that risk.