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We Buy Houses in Salt Lake City
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As-Is
01
- We Buy Houses in Any Condition
- No Repairs or Cleaning Needed
- Tenant in the Home? No Problem
Fast Cash
02
- We Will Pay a Fair Cash Price
- Get Your Money Fast
- There’s No Cost To You – We Pay All Closing Costs
Quick Close
03
- Need to Stay in the House Until You’re Ready to Move? No Problem
- Reputable Title and Escrow Company Will Handle the Closing
We Buy Houses in Salt Lake City, Utah
We buy houses in Salt Lake City for cash fast in any condition.
We help people in all kinds of situations and property problems across Utah. We don’t search for someone to buy your property. We buy it ourselves. In some cases, the deal is done in less than a week.
Sell My House Fast Salt Lake City
If you’re looking to sell your home fast, perhaps the traditional real estate agency route isn’t the best way for you to go, with current house sales taking around 91 days on average from offer to completion across the nation.
So how can you sell your home fast (and we mean as quickly as possible…) in a place like Salt Lake City?
Furthermore, how can you really maximize the return on your equity?
Are you stuck having to use a traditional, local real estate agent, and paying them their healthy commission?
Or is there another way? One that will take a lot less time than the 3-month average we are currently seeing?
Why Do Homeowners Need to Sell Quickly?
Many property owners purchase their first house with the hope that it will be the beginning of a financially stable life, even though at that point in their lives, it’s easily the biggest expenditure they have made so far in their lives.
However, as we know, life doesn’t always turn out as we want it to – or even expect.
First-time buyers buy their first house with the real hope of raising a family, putting down roots, and making this new house a home one day.
Then life happens – which usually means the occurrence of events outside of your control – and disrupts or completely changes your plans.
Let’s be honest. Who could have possibly predicted the devastating effect of the coronavirus pandemic on us all – socially, financially, and personally?
Because of the pandemic, the federal government introduced the moratorium on foreclosures. However, this came to an end on December 31st, 2021. Slowly but surely, we’ll now see more and more banks and lenders sending out legal notices of foreclosure.
However, foreclosure is only one reason homeowners may need to sell their houses quickly. Here’s a more comprehensive list of potential reasons and the types of houses involved.
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No homeowner plans to lose their house at some point in the future, so when a life-changing event requires the quick sale of the property, sometimes people panic and don’t make the right choices about who to sell their home to.
Your Options
1. House Flippers
You have probably already heard the expression “House flippers.” These are real estate investors in Salt Lake City whose aim is simple – to transform properties from basic homes into high-quality properties.
House flippers in Salt Lake City look specifically to purchase run-down properties at a discount, with the intention of remodeling the house and adding major improvements that immediately increase potential equity, and therefore, significant value.
They then resell the updated house as quickly as possible, take their profit, and move on to their next project.
2. Buy-and-Hold
“Buy-and-hold” companies in Salt Lake City purchase houses to rent them to tenants – or holding – rather than selling on. Like flippers, they look for properties that can offer possible equity or a quick cash flow.
Buy-and-hold companies in Salt Lake City use the so-called “BRRRR” property model, meaning:
- B: Buy
- R: Rehab
- R: Rent
- R: Refinance
- R: Repeat
3. iBuyers
“iBuyers” (also known as Instant Buyers) are mostly online businesses that will probably not be located in Salt Lake City. They use real estate market digital data and technology to make sight-unseen offers on houses. Selling to an iBuyer does include many hidden costs, which you need to take account of, such as:
- Service Fees: Most iBuyers are fee-based companies that focus on buying houses that do not require much work, and they charge a fee for this service – usually around 5%.
- The Cost of Repairs: Once an offer is accepted, iBuyers will send a representative to inspect the home’s condition. If repairs are required, many iBuyers will insist on credit at closing to cover those expenses.
- Other costs: Sellers need to be aware of other additional costs and fees (such as closing costs), which will reduce the cash payment at closing.
4. Trade-in Companies
“Trade-in” companies will offer to buy your property in Salt Lake City guaranteed, so freeing up your funds to buy a new home and removing the immediate need for a home sale. Sometimes, these companies will even let the homeowner rent the new home until the old one sells.
If your home sells for more than the price the trade-in company guarantees, they will pay you the difference, less any selling costs and fees.
5. Local / National Independent Property Investors
Whether they are in Salt Lake City or national, property investors focus on either flipping houses, purchasing homes in desirable neighborhoods to rent, or simply offering a good cash price for unwanted houses, just like ourselves – Fast Home Buyers.
Fast Home Buyers Can Help
At Fast Home Buyers we are an established and reputable independent property investment company, offering our services to the residents in Salt Lake City, Utah. We have helped numerous clients in your area resolve their real-life real estate issues and move on to a better future.
Here are the clear advantages you enjoy when you sell your house to an investment company, like Fast Home Buyers, as opposed to alternative methods, such as the traditional route of hiring a real estate agency (REA) or marketing and selling the property yourself, known as “For Sale By Owner” (or FSBO)
Fast Home Buyers Now vs. Real Estate Agent | |
Benefit | Reason |
| 1. Investors Buy Homes As-Is | Investors will purchase your home “as-is.” Unlike REAs, who insist upon them prior, their cash offer reflects any need for repairs. |
| 2. Investors Can Help with Foreclosure | Investors regularly purchase homes in foreclosure. They’ll be able to help you to arrange a “short sale” and, as opposed to 90-day+ REAs, close the deal before the foreclosure period comes to an end. |
| 3. Investors Buy Homes in Bad Neighborhoods | Investors do not live in the houses they buy; they don’t care about your neighbors or where the home is located. Their goal is to purchase your home, so they’ll be able to find a buyer who won’t care either. REAs struggle to sell in high crime or poor areas. |
| 4. You’ll Never Have to Relist | The investor purchases the home directly from you, and what happens next lies solely in the hands of the investor. They’ll find a regular market buyer after preparing the property for sale. |
| 5. Investors Pay 100% in Cash | Investors have their own money. They purchase homes completely in cash, and they’ll never need to be approved for a loan. Unlike an REA, an all-cash purchase makes the sale process easier. |
| 6. The Market Doesn’t Matter | Investors will buy your home and make it attractive enough to sell in a rough market or wait it out until the market stabilizes. They wait, so you don’t have to. |
| 7. No Complicated Paperwork | When you work with an investor, paperwork is kept to a minimum. Investors buy directly from you, and there are no third parties to satisfy. |
| 8. No Commission Fees | The average REA will take a hefty 6% commission; in most cases, this is over $15,000. With an investor, there’s no reason to deal with commission fees. Unlike REAs, nobody needs a cut of the sale. |
| 9. No Closing Costs | The closing process can rack up costs with a REA. However, an investor cuts a large part of that process out. The closing becomes the investor’s responsibility, and they’ll pay for anything that comes up during that time. |
| 10. Quick Closing Process | All of these benefits – the lack of an REA, commissions, closing paperwork, and loans – allows an investor to jump from point A to point B very quickly. An investor can even close on your home in a week. There’s no more waiting, and the full cash price is yours. |
Whether money is the deciding factor, speed, or even the simplicity of the process. Working with us is guaranteed to be easier than going through a real estate agent.
Contact us today to talk about your property.
Fast Home Buyers: Our Simple Process
In virtually every U.S. city, there are independent real estate investors who buy houses and either fix them up and sell them, hold them as a rental properties, or sell them to other real estate investors who will hold them as rental properties.
The general process of selling your house to Fast Home Buyers is incredibly simple, as you can see.
Fast Home Buyers have been buying houses in Salt Lake City, Utah for the last 3 years, earning new clients every day because of our simple process – we always make a fast and fair cash offer.
Our business solution is to help everybody solve the problems they have with their properties. We are happy to buy houses in any condition and situation: Evictions, Probates, Notice of Default, Inheriting house, divorce, foreclosure… literally, any situation you may find yourself trapped in.
We’ve helped hundreds of people with their properties – sometimes in even less than a week. Please feel free to check out our “Testimonials” and see how we’ve positively helped people over the years.
We started our business in Utah, buying houses throughout the whole state. Because our property solutions work, we have expanded to Florida, helping others with our fantastic team there.
Feel free to contact us today, get your fair cash offer, and find a solution to your property problem.
Get a cash offer now!
ABOUT US
We’ve been buying houses in Salt Lake City for the last three years. Our idea is to help everybody to solve problems with their properties. We buy houses in any condition and situation: Evictions, probates, notice of default, inheriting house, divorce, foreclosure, literally any situation.
We’ve helped hundreds of people with their properties, sometimes in less than a week. You can check our “Testimonials” and how we’ve helped people over the years.
Contact us for a no obligation cash offer for your property in Salt Lake City.
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