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Archive for July, 2012

Sell Your House to a Real Estate Investor or Use a Realtor? | Amarillo Real Estate

Monday, July 30th, 2012

I get a lot of calls from people who are trying to decide whether to list with a Realtor or sell to a Real Estate Investor.  There are advantages to both but in the end it just boils down to your specific situation.  People are worried that it may take months to get their house sold, and for good reason.  The housing market in Amarillo is not as bad as some parts of the country.  In fact, home sales are up for 2012.  Many Realtors say that this is the best market that they have seen since 2008.

So why does it take some people so long to sell their house?

In my opinion there are really two housing markets.  One market for pretty houses and one for houses that need work.  It is very simple.  There are still a lot of houses on the market.  Competition is fierce.  Buyers are very picky and are looking for houses in good condition and for a good price.  If you have a house that needs a lot of work it will probably take a while for it to sell.  When the housing market was at its peak, distressed properties could be sold without too much trouble.  But now, mainly because of Foreclosures, the market is flooded with ‘fixer-uppers.’  In the past fixer uppers were hard to find.  Now they are on every block.  This makes it very difficult to sell a distressed property on the open market.   As banks keep discounting these properties in order to get them off of their books, the market just keeps getting softer.  That is why it makes sense to get an offer from Real Estate Investor.

If you have a fixer upper should you list with a Realtor or sell to an investor?

I say this to people over and over.  If you have a house that is in good condition, in a good neighborhood, and you have months for it to sell, then listing with a Realtor is the way to go.  Keep in mind that you will end up paying around 6% in Realtor fees, about 2% in your closing costs, and usually 3% in buyers closing costs.  You will probably get hit with a list of repairs that you will need to make.  You will have holding costs for the time that it sets on the market.  But in the end you will come out ahead.

But what if you have a house that needs work and you can’t afford to make the repairs?  What if you can’t wait for months for it to sell?  That is when it may be best to sell to an investor.

We are a local husband and wife team who specialize in buying houses in the Amarillo area.  Why should you work with us?

  1. We are super easy to work with! We make sure you understand all of your options.
  2. We pay cash!  You don’t have to worry about long drawn-out bank approvals.
  3. We close whenever you want! You are in complete control.
  4. We buy property in as is condition. You don’t have to fix anything or clean anything!
  5. We don’t put a sign in your yard and try to sell your house to other buyers. WE BUY IT!

If you have a house that needs a lot of work, or you have a house that you need to sell fast, call us today at 806-359-7653 or visit us online at Amarillo Real Estate Investors.

Sell Home in Amarillo | We Buy Amarillo Houses! Call 806-359-7653 today!

Thursday, July 12th, 2012

We Buy Amarillo, TX Houses!

Have you heard how long it takes to sell a home with a Realtor these days?  Some segments of our market are taking over 6 months… And that’s if your home is in good condition!  6 months of showings to picky unqualified buyers.

If that doesn’t sound fun, give us a call.  We specialize in buying homes that need to be sold quickly, or that need work, or both.  We pay cash, close whenever you want, and pay all of the closing costs.

When you compare our offer with what you actually walk away with when you use a Realtor you will be shocked.  If your home is in perfect condition, you want top dollar, and you don’t mind waiting for months for it to sell then a Realtor will work fine.  If not, sell it to us, don’t list it.

If you are even thinking of selling call us today at  806-359-SOLD (7653) or visit us online at Sell Home in Amarillo.

I Buy Houses Amarillo TX | Sell My House Fast 806-359-7653

Tuesday, July 3rd, 2012

2012 has been a very encouraging year for Real Estate sales.  There is little doubt that artificially low interest rates are driving the housing market.  People who have been nervous about buying a home have taken advantage of ridiculously low rates.  This means that sales are up.

I get calls every day from people who need to sell their house fast. They pose a very interesting question.  If our market is so good, why has my house not sold?  In my opinion there are several reasons.

There are still a lot of houses on the market so competition is fierce.  To make matters worse, it’ still not that easy to get a loan.  Even though rates are low buyers are more picky than ever.  And they want a deal!  The houses that are selling right now are the ones that are in great condition AND priced at a great deal.

In my opinion, the segment of our market that is still very slow is fixer-uppers.  Houses that need work are very difficult to sell.  There are still tons of bank foreclosures on the market.  These houses present the greatest competition because they usually need work and they are priced at a discount.  In the past a person could list a fixer-upper on the market and it would sell.  Now it is not that easy.

So if you have a house that needs work you better be in it for the long haul.  Don’t expect it to sell quickly.   If you are thinking ‘how can I sell my house fast’ then we need to talk.  I buy houses in Amarillo and Canyon TX.  I buy houses in all price ranges.  Even the big nice pretty ones.  But the ones we buy the most of are the fixer uppers.  These are the houses that really have a hard time selling on the open market.

If you need to sell your house fast, or if you have a house that needs a lot of work, give me a call.  I buy houses in Amarillo TX from people just like you all the time.  I pay all of the closing costs and take care of all the details.  I buy the houses as is so there is no need to fix anything or even clean up.  Give me a call today.  I bet I can help.  806-359-7653. Or visit me online at I Buy Houses Amarillo

Sell My Amarillo HouseSell My Amarillo HouseSell My Amarillo HouseSell My Amarillo House

Contact Information

4105 SW 34th St, Amarillo, TX 79109 | 806-359-7653

wade@mitchellpropertygroup.com | emmy@mitchellpropertygroup.com