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Real Estate Investors Amarillo | Why Sell to a Real Estate Investor?

Thursday, November 29th, 2012

There are many reasons why someone might decide to work with a real estate investor to sell their house. In today’s slow economy job losses, foreclosures, and other financial woes are forcing homeowners to sell, and sell fast.
The first and most obvious thing a real estate investor can offer you is speed. They are not like homeowners who have to wait for financing approval.  They can pull the trigger immediately and close in a week.
The second reason it makes sense to work with a real estate investor is convenience.  You won’t need to stay on call, prepared to leave your house with very little  notice for a Realtor to show it. Investors have flexible schedules. Because this is their job, they’ll be able to work around your schedule.

Another benefit of working with an investor is a guaranteed closing date.  In other words, you know for sure that your house will be sold on a certain date.  Since they aren’t actually going to be the ones living in the house, you won’t have to worry about them finding a nicer place and changing their mind. They will either have their financing in place or be paying cash, so you won’t have to worry about them being turned down by the bank.

Perhaps the most financially rewarding benefit of selling to a real estate investor Amarillo is the ability to sell as is. This is a big deal!  You don’t have to worry about making any expensive repairs.  After all, if you had the time and money to fix up your house you would have already done that!  You need to sell it as is, and you need to sell it fast.
No two real estate transactions are the same.  It is always good to consider all of your options.  If you need to sell your house fast or if your house needs a lot of repairs, it may make sense to work with a real estate investor.  If that is the case, give us a call at 806-359-7653 or visit us online at Amarillo Real Estate Investor.  We are very easy to work with and we would love to make you an offer!  Call us today!

Sell My Home Fast Amarillo TX | Mitchell Property Group

Friday, November 9th, 2012

How can I sell my home fast in Amarillo TX?

If you need to sell your home you obviously want to get as much money as humanly possible.  That’s a no brainer.  If you mention selling your house everyone always focuses on price.  But what about the timing?

Timing is just as important as price in a Real Estate transaction.  Sometimes timing can even be the most important thing of all!  When you close is just as important as how much you get.  This is certainly true if you are dealing with a job transfer, divorce, or foreclosure.  Sometimes people do not have an emergency that causes them to need to sell fast, they just don’t want to wait for months and months!

If you need to sell your house fast give us a call.  We can close in as little as three or four days if necessary.  We pay all the closing costs and we take the house as is.  You don’t have to worry about fixing anything or cleaning anything.  We are very easy to work with and we are very aggressive when making offers.  Call us today at 806-359-7653 for more information.  Sell My Home Fast Amarillo TX

We Buy Amarillo Houses | Why Are Investor Offers So Low?

Tuesday, November 6th, 2012

Every week I make a lot of offers on a lot of houses.  I end up getting many of them accepted.  Often times people ask me to explain how I come up with what price to offer.  I know that what they really mean is, why is my offer so low?

First it is important to understand a net offer as opposed to a gross offer. Many times a homeowner will hear that their neighbor’s house sold for a certain price.  Let’s just say $100,000.  But what they don’t realize is that their neighbor actually walked away with much less.  They had to pay 6% to their Realtor, 2% for their own closing costs, 3% in buyer closing costs, and they had to make repairs that added up to $3,000.  So they actually netted $86,000.  Since I pay all of the closing costs and don’t require any repairs to be made my offers are net offers.

Second it is important to understand the difference between the list price and the sales price.  Often times a Realtor will advise someone to list their house for entirely too much money.  Let’s use the neighbor for example.  A Realtor may have advised them to list their house for $115,000.  Three or four months later the homeowner realizes that they have over-priced their house and lowers it to $105,000.  Now it is priced correctly.  But the national average for negotiating is about 5%.  So it ends up selling for about $100,000 and they walk away with around $86,000.  Big difference!

When we buy Amarillo houses we pay all of the closing costs.  We take the house as is.  We can close very quickly.  We must be able to buy the house at a price that will allow us to make repairs and sell it for a profit.  When you compare our offer with the amount that you would actually walk away with if you used a Realtor you will see that our offers are actually not that bad and our terms are outstanding.  If you would like a free quote give us a call today at 806-359-7653 or visit us online at We Buy Amarillo, TX Houses.

Sell My House Fast Amarillo TX | 806-359-7653

Wednesday, October 24th, 2012

Have you ever found yourself thinking, “how can I sell my house fast?”  Do you have a house in Amarillo or Canyon that needs to be sold this week?

In today’s market selling a house fast can be a challenge.  You often hear news about low interest rates, low closing costs, and an improved housing market.  You also hear Realtors claiming to be able to sell your house for top dollar.  But sometimes timing is the most important element in a Real Estate transaction.  WHEN you close can be just as important as the contract price.  In other words, sometimes you need to sell your house fast!  Some people need to sell their house in a week, not in six months.

I buy houses from people who need to sell fast.  I can close in as little as three days if needed.  I pay all of the closing costs and take your house in its as is condition.  There are no long drawn-out bank approvals or inspections.  If you need to sell your house in a hurry, give me a call at 806-359-7653 or visit me online at Sell My House Fast Amarillo TX.

I Buy Houses in Amarillo TX | Mitchell Property Group 806-359-7653

Monday, October 22nd, 2012

I buy houses in Amarillo every month from people who:

  1. Don’t want to play the six month waiting game with a Realtor.
  2. Don’t want to make a ton of repairs.
  3. Don’t want to pay closing costs.
  4. Don’t want all of the hassles associated with selling a house.

If you have a house that you need to sell give me a call.  I am very easy to work with and I will not try to pressure you in to selling to me.  I would love to visit with you about your house.  Call me at 806-359-7653 or visit me online at I Buy Houses in Amarillo TX. Or better yet stop by for a cup of coffee at 4015 SW 34th Amarillo TX.

How Can I Sell My House Fast in Amarillo TX?

Wednesday, October 17th, 2012

The worst thing about Real Estate is that it just seems to take so long to get a house sold!  I worked in sales before I became a Real Estate investor.  I remember how cool it was to meet a customer and close a sale in the same day.  When I started selling houses it drove me crazy that the process took so long!  From the time I would list a house for sale until we closed would usually take a minimum of three to four months.

What if you don’t have three or four months to sell your house?  What if you need it sold in a week?  If that is the case give me a call.  I buy houses in their as is condition, I pay the closing costs, and I can close in a week or less if you need me to.  Even if I can’t buy your house I can probably give you some great information that would probably help you.  Give me a call today at 806-359-7653 of visit my website at Sell My House Fast Amarillo TX

We Buy Amarillo Houses | Why Use a Realtor?

Tuesday, October 16th, 2012

Why would anyone ever sell their house to a ‘We Buy Amarillo Houses’ company?  Why not just sell it with a Realtor?

This is actually a great question.  It is a question I am frequently asked.  There are actually several reasons why working with an investor may be a better option than listing with a Realtor.

  1. Timing.  We buy Amarillo houses and close in as little as three days if needed.  No Realtor can get a house sold that fast.
  2. Condition.  Some houses are in such bad condition that they will not qualify for a bank loan.  There is very little chance that they will ever sell with a Realtor.
  3. Hardship.  Sometimes people fall behind on payments.  Sometimes people get divorced or get a job transfer.  There are many hardship situations that investors are much better suited to handle.  In most of these situations people just need to know that on a certain date that their house will close.  No ifs ands or buts.
  4. Area.  Some neighborhoods in Amarillo are in decline.  It is very difficult to sell in these areas.  Most of the houses in these areas are rentals.  Realtors often have a hard time selling houses in these areas.

Now don’t get me wrong.  I like Realtors.  Heck my wife is a Realtor so I understand how hard they work.  If you have a house that is in good condition, in a good area, and you don’t mind waiting for several months so that you can get top dollar then you need to call a Realtor.  But if you find yourself in one of the situations mentioned above then give me a call at 806-359-7653 or visit me online at We Buy Amarillo, TX Houses.

We Buy Amarillo Houses | Mitchell Property Group 359-7653

Friday, October 12th, 2012

We Buy Amarillo, TX Houses

Why in the world would anyone ever sell a house to one of those ‘we buy Amarillo houses’ companies in Amarillo?  Here are the top 10 reasons.

  1. The house needs too much work to list with a Realtor.
  2. People need their house sold in a very short period of time.
  3. The house is in a rough neighborhood.
  4. The owner is being transferred and needs to move quickly.
  5. The owner can no longer afford to make the monthly payments.
  6. The neighbors are crazy.  This is actually a real reason.
  7. The house caught on fire.
  8. The house has been in a flood.
  9. The owners got divorced.
  10. Renters trashed the house and moved out.

Over the years we have bought houses from people with all sorts of different situation.  Many times it is a combination of several reasons.  Whatever your situation, if you need one of those ‘We Buy Amarillo Houses’ companies you should call us.  We are very easy to work with and can probably help you.  We would love to hear from you.   Call us today!  806-359-7653  We Buy Amarillo Houses

Sell My House Amarillo TX

Tuesday, October 2nd, 2012

I just got a call from a guy who I talked to about 6 months ago.  He said “I’d like to sell my house in Amarillo TX, are you the company who does that?”   I laughed and said that he had the right place.

We weren’t able come to terms so he listed it with a Realtor.  He is a really nice guy, and despite not being able to work with him, we made friends.  I told him to let me know how everything went.

In the end, he walked away with about $5,000 more than what I had offered him on his home.  It took him 6 months to find a qualified buyer and get his house sold.  The contract price was higher, but by the time he paid his Realtor 6%, paid 3% in buyer closing costs, and 2% in his own closing costs, he didn’t get as much as he thought he would have.  But here’s the bad part.  He had to keep making payments for 6 months while his house was on the market!  His payment with taxes and insurance included came to about $716 per month (This was about a $100,000 house).  So he paid $4296 in payments over that 6 month period.  And to add insult to injury, he had to paint the trim of the home so that it would pass the bank inspection.  As you can imagine, this guy was a little frustrated.  He said “I would have been better off to just sell my house to you!”

If you find you self thinking, “I really need to sell my house in Amarillo TX as fast as possible,” then give me a call.  Sometimes it’s just better to sell your house to an investor like me, especially if it needs work.  Remember, it’s the bottom line that counts!  Call today at 806-359-7653!  Mitchell Property Group—Sell My House in Amarillo TX.

Why Sell Your Amarillo House to a Real Estate Investor?

Monday, September 17th, 2012

That is a really good question!  If I needed to sell my house I think selling to an investor would not be the first thing that would come to mind.  I would think about calling a Real Estate agent or selling the house on my own.  Here is the problem with both of those ideas.

First off, let me say this… If your house is in good condition, in a good area, AND you don’t mind waiting for up to six months for it to sell then using a Real Estate agent may be a good idea.  But if you don’t fit all three criteria then you may be wasting your time.  If your house needs work, if it is a less than desirable neighborhood, or if you don’t want to wait for months to sell then you should consider working with me.

When you list your house with a Realtor you will usually have to pay a 6% commission.  You will also pay about 1% in closing costs plus, and (this really stinks) you will need to be ready to pay at least 3% in buyers closing costs.  If you are not willing to do this you will probably not sell your house.  Most of the buyers do not have the money to pay closing costs.  So you will probably lose about 10% of the sales price.  Buyers will also get the house inspected and give you a big list of repairs that need to be made.  They will also negotiate the price down as much as possible.  It is important to keep these things in mind.

The bottom line is that if you use a Realtor you will have to pay some fees and commissions.  This will greatly lower the amount you net from the sale of your home.  And it may take several months to get it sold using a Realtor.  I can close in 3 days.  If you compare my cash offer with what you actually walk away with if you use a Realtor you will see that my offers are pretty darn competitive.  It’s the bottom line that counts, not the contract price.

So what about selling it For Sale By Owner.  The short answer is that it is not a good idea.  I list every house I sell with a Realtor.  Realtors have all of the buyers.  They also are able to list your house on the MLS which give it much more exposure than you ever could.  Several years ago when the market was hot you could sell it on your own, but not in this current market.  If you are able to pull it off you are still going to pay closing costs and make repairs just like you would if you used a Realtor.  So even though the contract price may be higher than my cash price you will not come out that far ahead.  And, just like I mentioned before, it may take six months for it to sell.  Add up your house payment, insurance payment, and monthly taxes and deduct that from the amount that you will net.  See what I mean?

Many times people call me months after I have made them an offer and tell me that they wish they had taken my offer.   They ended up selling it to a home owner but after they realize that they netted the same as they would have if they had taken my offer they are just sick.  Sometimes I end up buying the house for the same price that I offered six months earlier.

There are several advantages to selling your house to me.  I can:

  • Close on whatever day you want. You are in complete control of the closing date.
  • Take the property as-is. You don’t have to fix or clean ANYTHING.
  • Pay all of your closing costs. This saves you a ton of money.
  • Take care of all the details and paperwork. There is no stress for you.

If you are serious about selling your house give me a call today at 806-359-SOLD (7653) or visit my website at Sell Amarillo House.

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