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We Buy Amarillo Houses | Mitchell Property Group 359-7653

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

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?

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 House Fast Amarillo! 806-359-7653

September 6th, 2012

How can I sell my house fast in Amarillo?  That is the question.  Real Estate is not a very liquid asset.  It usually takes a while to get a house sold.  But some people can’t wait for months and months for their house to sell.  They need it sold right away!  That’s why they call us!

We buy Amarillo and Canyon houses from people just like you.  We can buy in just about any area, any condition, and any price range.  We are very easy to work with.  When you call us you will get an offer usually within the same day.  You don’t have to make any repairs or even clean the house.  We pay all of the closing costs and take care of everything.

Now I know what you may be thinking.  You think I am going to make you a ‘low-ball’ offer right?  Well that is not the case.  It is true that we have to buy houses at a discount in order to be able to fix them up and put them back on the market and hopefully sell for a profit.  But when you compare our offers with what you would actually get after paying a Realtor and making repairs you will see that our offers are very fair.  When you sell your house to us you have a check in just a few days, not a few months!  Even if we can’t buy it from you we can probably give you some ideas that you haven’t thought about.

So if you need to sell your house fast give us a call today at 806-359-SOLD(7653).  You can also visit us online at sell my house fast.

Amarillo Home Buyer | Amarillo Real Estate

August 28th, 2012

Usually things slow down as summer draws to an end.  But the last few weeks our phones have been ringing off the hook! Why are people looking for an Amarillo Home Buyer?  And do you REALLY need a realtor?

  1. The Real Estate market for ‘fixer uppers’ is still slow. The market in Amarillo is better now than it has been since 2008.   Nice, pretty houses are selling.  If you have a house that needs work however, it is a completely different story!  The market is flooded with foreclosures.  These are distressed properties that are priced at a discount.  This is your competition if you have a house that needs work.  This segment of the market is very slow.
  1. People are tired of using Realtors. The best Realtor in the world can’t guarantee that your house will sell.  Most Realtors do a good job. It just takes them several months to get your house sold.  Sometimes it is because they are not marketing the property correctly or following up on showings. Other times it has nothing to do with the Realtor.  When you use a Realtor you can count on multiple showings.  Some people don’t want to keep their house neat and clean at all times.  Many Realtors will want you to make repairs before they take on the listing.  For some people this is just not an option.
  1. People can’t afford their property. Many people have no idea just how expensive it can be to own a home.  First you have your house payment, then property taxes (which will be due in January), and then you have insurance.  These are the big three.  But don’t forget about maintenance!  It just flat out costs a lot of money to keep a house up and running.  Things break and need to be repaired.  All of these things add up.

When I get calls from people looking for an Amarillo Home Buyer, I know what they are thinking… They think I am just trying to steal their home.  But that’s just not the case.  I do the combined job of both a Realtor and a General Contractor.  But the big difference is that I am not a Realtor, I am a buyer, and they are a not!  I buy the house, they list it and hope for a buyer.  When you compare my offer with what you would actually walk away with if you were to use a Realtor, you will see that I am actually a pretty aggressive buyer!  Especially if your home needs some work.

So if you need to sell your house fast to an Amarillo Home Buyer, give me a call at 806-359-7653.  Or visit me online at  Amarillo Home Buyer

Need to Sell Your House Fast Amarillo? | We Can Buy Your House Today! 806-359-7653

August 8th, 2012

How can I sell my house fast in Amarillo?

Selling your house is not nearly as easy as it once was.  But even when the market was at the peak it still took about 3 months from start to finish to get a check.  Now that our market has slowed down it is taking closer to 6 months for many houses to sell.  Part of the problem is that the economy in general is not as good, but the main problem is that the banks don’t want to make loans on houses the way they once did.  It’s pretty hard to get a loan unless you have very good credit and you are buying a house that is in great condition.

Another problem is that there are a lot of houses for sale right now.  This means competition!  There are more bank-owned (Foreclosure) houses for sale than ever.  These houses usually need some work and can be bought at a big discount.  So if you are selling a house that needs work you need to look at what bank-owned foreclosures are selling for in your neighborhood.  This is your competition.

What does all of this mean to you?  Well, if you have a house that you need to sell fast these are some facts that you should consider!  You need to understand the market and you need to know your competition.  For some people, selling to an investor like me makes a lot of sense.  Especially if you need to sell fast and your house needs repairs.

Every month I buy houses in Amarillo and Canyon from people who don’t want to wait for months and months to get their house sold.  I can pay cash and close in a few days if you need me to.  I take the house in as-is condition so you don’t have to make any repairs.  I pay all of the closing costs and take care of all of the details.  Even if I am not able to buy your house I can probably give you some good information that will help you.  If you would like a fast, confidential, all cash offer on your house call me today at 806-359-7653.  And don’t worry, I’m not the kind of guy who will try to twist your arm and convince you to sell me your house.  I will just give you some good information and you can do whatever works best for you and your family.  You can also visit my website at Sell Your Amarillo House.

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

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!

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

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

Real Estate Investors Amarillo TX 806-359-7653

June 19th, 2012

Every month I get calls from homeowners who tried working with a brand new Real Estate investor.  This investor made a lot of promises but in the end the deal didn’t close. As you can imagine this creates a big problem for the homeowner.  That is when they call me looking for help.

Since many investors can’t get loans to buy houses they just try to make a quick buck by selling the house before they buy it. They just want to be the middle man.  They do not have the ability nor the  intentions of closing on the houses they put under contract.  It sounds crazy but it actually happens.  This is called an assignment of contract.  In a nutshell, one person gets a house under contract and then sells the contact to another investor.

I can tell you right now that you don’t want to be in the middle of a deal like that.  You can end up dealing  with a person who is not able to buy your house.  They put up very little earnest money (or non at all) and are willing to walk away if they can’t find another investor to sell it to.

So how do you know which company to work with?  You have got to make sure that you are selling your house to an established, reputable company.  You need to make sure that they have the funds available to close and that they do indeed plan to close on the house themselves.

Here are some things to keep in mind:

1.  Deal only with local companies.  This makes checking up on a company much easier.  I personally would never deal with someone who wasn’t local.

2.  Ask for and call references.  A good company should have plenty of satisfied customers.  I can give you a list of references a mile long.

3.  Check with the Better Business Bureau.  Just because someone has a ‘we buy Amarillo houses’ ad doesn’t mean that they are a real company.

4.  Insist on using a local title company.

5.  Meet the person face to face if possible.  There are too many scams out there.  Meeting face to face makes it much harder to be scammed.

6. Ask lots of questions.  Don’t take anything for granted.

7.  Have a local attorney review the contract if anything looks suspicious.

8.  Don’t work with anyone who wants to put a sign in your yard and sell your house to someone else.  That is just ridiculous.  If you were going to do that you should have just called a Realtor!

It is important to remember that not all Real Estate Investors are bad.  When we write a contract on a house, we intend on closing that deal.  We have the funds available to buy it.  Sometimes we even advise people to do something besides selling us their house.  We have to live and work here in this community with the same people we help.  We are very much a local company.  People can stop by our office for a cup of coffee anytime.  But the bottom line is that our deals close on time.  We do what we say we’ll do. That’s why we are still in business.  We can give you dozens of references.

If you have a house to sell in Amarillo or Canyon,  give us a call.  We would be happy to make you an offer.  You can call us at 806-359-7653. You can also visit us online at Amarillo Real Estate Investors.

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