Buy Houses for Fast Cash in Dallas
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Buy my House for Cash in Dallas
Virtually 100% of cash buyers are investors that are buying the property so that it can eventually be resold. This “flipping” of the property means that the cash buyer has certain overhead expenses that must be covered in the transaction.
- Closing costs on the purchase (~2% of sales price)
- Commissions on the resale (~6% of sales price)
- Monthly carrying costs until the property is resold (~4-5% of sales price, total)
- Necessary repairs/remodeling ($5-10K to $100K+)
Sell Your house fast in Dallas
When you see a sign saying “I Buy Houses For Cash” it means “I’ll pay you up to 70% of the property’s value, and do it fast”. For some people, such as sellers with lots of equity that need or want money quickly, this is a great deal. For others with little or no equity, this is not an option. For those with modest equity, or that want or need to make more money selling the property (and have the time to explore other options), this is probably not the best option. Dallas Property Investors will buy your property for cash and offer you many other options. Contact Us if you would like to explore this further. Check also our 5 steps to buy your house.
Want to know more? check out the other eleven ways to sell your property fast in Dallas TX: