Time and money are crucial factors when you are selling your home. If you need to sell your Baton Rouge house fast… there are local professional home buying companies who pay cash for homes in Baton Rouge Louisiana.
Let’s dive into how you can sell your local Baton Rouge house fast and get cash for your house in the process without having to list your house with a real estate agent, or wait months for it to sell.
How Do Cash For Homes in Baton Rouge Buyers Work?
There are tons of local Baton Rouge house buyers who say they pay cash for homes in Baton Rouge. Unfortunately, a bunch of them don’t actually do that, or don’t have the experience necessary to help you. However, with a little research, you can find a few great investors who are looking to buy properties for cash. There are a couple things you should consider and look for when you’re working with local cash home buyers (including our company, BuyhousesBR, we buy local Baton Rouge Louisiana houses fast).
Before you read on, if you’re not sure how the process of a cash buyer like BuyhousesBR buying your local Baton Rouge house works, check out our “How it Works” page on this site and our FAQ.
Price And Time Are Trade-Offs – Which Is More Important To You?
Some people think an all cash offer should be the same price as if they listed with a realtor. This is not normally the case. Realtor fees are typically 5-6%, then you add not having to worry about contingencies, not covering buyers closing costs, no staging, painting, or repairs, plus a cash transaction usually is a lot faster, and you can see why investors expect a discount for the cash. If your house is in great shape and in a desirable neighborhood, then you can probably get a quick sale. However I just had someone call me in Southdowns who I offered last year saying they keep hearing how hot the market is but had to reduce their price multiple times over several months, to where it basically was what I offered him. His house is large, but dated, and since most home buyers don’t want to hassle with a remodel, there isn’t much of a market for older style houses. I love houses that have had one or two owners and haven’t been updated in 30 years. If you have one like that, we will buy it quickly, and get to work transforming it into a masterpiece.
Most often, local Baton Rouge house buyers like BuyhousesBR, have a system. First, we pull comps (looking at recently sold properties) to see how much your house is worth fully repaired. Next, we walk through the house and take a few pictures, noting what needs to be repaired and replaced so we can figure out our renovation budget. Then, we make a schedule to see how long it will take us. Lastly, we factor in how much money we need to make to cover all those expenses and leave a modest profit in our pocket for taking the risk of buying the house and to give us the ability to buy more in the future. That process requires us to make offers a bit below the full market value if you listed with a realtor.
The biggest upside for you working with us, is we are able to close quickly as soon as title is clear, you don’t have to empty everything out of the home, we don’t have 1,000 pages of documents to sign, usually just a two page purchase agreement written in English instead of legal jargon, and you don’t even need to clean! If selling your house quickly with zero hassle is more important than getting every penny out of the sale, submit your info on the form on this next page or give us a call at (225) 366-7679.
We can make you a fast no-hassle offer in less than 24 hours.
Not every house seller is a great fit for us, and we like to help sellers find all of their options. We don’t usually offer the highest price, and we don’t usually offer the lowest price either. With us, you can rest assured knowing that when we make an offer, we will close. We buy about one house a month, and our sellers know we do what we say we will do.
How Much Work Do You Want To Put Into Making Your Baton Rouge Louisiana House Sell?
Another big benefit that local Baton Rouge cash home buyers like BuyhousesBR can offer is taking 100% of all of the work and hassle to sell your house out of your hands.
We handle it all.
No, we’re not listing your house like an agent does, although we have an agent in the company who could list it for you if you wanted to explore that route. When listing, you still have to clean up your house, remove personal items, make repairs, get it ready for showings and open houses, go back and forth through your agent with the buyers on price and terms, etc. It can be a lot of work.
Especially if your house here in Baton Rouge needs some work.
But, we offer cash for houses in Baton Rouge Louisiana because we’re professional home buyers based locally here in Baton Rouge. Usually, we make a few offers. One cash, one with bank financing (although it is much different than a FHA loan or conventional loan, we get a commercial line of credit so our loan is designed for houses that need work), and sometimes we offer a seller financed price (usually if you own the house outright and would rather get monthly payments with interest instead of a big chunk). If a house needs work, we buy it as-is and we pay for the repairs out of our pocket after we buy it from you. You won’t have to worry about the paperwork either, since we do a lot of deals, we work with our title company and handle all of that (although if you would rather use yours, we are happy to do that too).
Basically, we can make you a fair all cash offer on your Baton Rouge house (or Call Us Today at (225) 366-7679!)… and if it’s a good fit, great! We will take care of you.
Do Your Research And Trust Your Gut
Before you decide to go with an investor offering cash for your property, be sure to investigate their reputation carefully. Consider asking for references from the investor. We can provide people we have worked with, before and after photos, and even show you our closing documents if you want! Talk to people the investor has worked with in the past to determine whether they are the right fit for you.
Like anything, there are scammers and dishonest people in the industry, so make sure you do your research and they know what they are talking about. Ask to see their contracts, and ask what title company they use. Ask them how many deals they have done in the last year and what the addresses were. You can look up the addresses and see who the owners are through the city tax assessor’s website. We buy houses through BuyHousesBR LLC and RentHousesBR LLC, as well as through my business partner’s and my names. Sometimes the data takes a little while to update though (we still can’t see our two most recent projects on there), so you can’t rely on it exclusively. Anyway, make sure you can trust the company you are dealing with and make sure they can close on time.
When you’re ready to start the process of selling your Baton Rouge Louisiana home for cash, fill out our form and we’ll help you get started.