How Much Cash For Houses In Kennesaw Can You Get?
If you’re thinking about selling your house, here’s how much money you can get
If you’re thinking about selling your Kennesaw house, it’s important to know just how much money you can get for it. The amount of money you receive will depend on a number of factors, including the condition of your home and the current real estate market.
However, here is some general information about how much cash you can expect to receive for your house in Kennesaw.
If your home is in good condition and there is a lot of demand for houses in your area, you can expect to get around 95% of your asking price in cash. However, if your home is in need of repairs or if the real estate market is slow, you may only get around 80% of your asking price.
An Important Definition
Since this blog post will be read by people all over Kennesaw (and surrounding areas), with various price prices reflected throughout the area, it’s difficult to write about a specific dollar figure. However, here’s an important concept that will help you understand how much people pay cash for houses in Kennesaw…
On The Market: When a house sold “on the market”, that means it’s usually listed by a real estate agent and sold after several potential buyers have seen the property and at least one has made an offer. Houses sold on the market will often be sold for approximately the same amount that other similar houses in the area have sold for. This is called “market price”.
Off The Market: When a house is sold “off the market”, that usually means the homeowner has decided to sell their home directly to a buyer instead of list their home. Houses sold off the market will often be sold for slightly less than their market price, this is called “below market price.”
You might be reading this and asking, “why would anyone accept below market price, and less cash for houses in Kennesaw than others?”
That’s a good question but there’s more to the story:
- Selling on the market usually means you’re selling it to a person who will choose to live in the house. They’re buying the house for themselves and their family. But when you sell off the market, you’re often selling to a company that might be investing in your house to turn it into a rental property or to renovate it and sell it.
- Selling on the market usually means the buyer needs financing. Selling off the market, in a private sale, often means that a professional home-buying company is will to pay cash for houses in Kennesaw. (That’s why some people prefer to sell off the market – they don’t want to wait for the seller to get financing; they want to know they’ve sold the house right away).
- Selling on the market actually costs money… sometimes a lot of money. If your house needs renovations and repairs, you usually have to spend money to fix up your house before you sell it on the market. However, when you sell it off the market, such as to a company like us at pkbuyshouses.com, you may be able to sell your house as-is – saving the money (and the time and hassle).
- Selling on the market through an agent will often result in commissions and fees to the agent for the work they did to sell your house. But selling off the market to a home buying company like pkbuyshouses.com usually means no commissions or fees or closing costs.
How much can you get for your home? Selling on the market may mean you sell your house for more money but it takes longer and costs more; selling off the market may mean you sell your house for below market price but it’s faster and there are no expenses or fees.
So, how much will sellers get in cash for houses in Kennesaw? It depends on how you sell – on the market or off the market… and that is determined by how quickly you want to sell and how much time and money you’re willing to invest to sell.