Realty Solution Source, LLC

Are You Thinking About Selling Your Home?

Putting your home on the market can be a tedious and stressful process and one that might sneak up on you. In our current economy, financial woes have many folks facing foreclosure. Others may be looking to sell their homes because of a difficult divorce. Still others may be in the process of moving, and are desperate to sell their old houses so that they can avoid two mortgage payments.

No matter what the situation is that makes you want to sell your property, we will work with you honestly, promptly, and respectfully. We try to create win-win-win situations for everyone involved. If one of the wins isn’t there, we will not proceed with the purchase. Take a look for yourself:

Win for you: We take the burden off your shoulders. You will have no more mortgage payments, no more property tax payments, no more exhausting household maintenance issues. We plug the faucet, so to speak, on the money leaking out of the property each month. Speed is also a key factor here; if you sell your home to us, the process will move along more quickly than it would if you were to list your house with a real estate agent.

Win for us: We can provide jobs to contractors, our employees, and the factories from which we purchase our materials. We have the pleasure of taking a property and making another family happy with their purchase. And of course, we also make some money through the process, as well.

Win for the mortgage company: We reduce the number of non-performing assets on their books. Obviously, a mortgage company cannot stay in business if too many of their homeowners cannot afford payments. By taking the burden off of you, we simultaneously ensure that the mortgage company earns what they deserve.

If you are desperate to sell your home because you can no longer make mortgage payments, you are probably going through a difficult time. You may feel as though everyone is out to drain away your assets, and that we investors are just one more group looking to profit off you and your family.

Yes, it IS true that investors may not generally offer fair market value on your home but please rest assured that this does not make us crooks and conmen. Investors do, after all, have needs that differ from those of the regular homebuyer.

When you sell your house to someone who wants to live there, chances are that that person will not be concerned with putting money into it above and beyond the fair market value; their main goal is to personally use the house itself for a long period of time.

To determine a fair price for the house, it’s important to consider the After Repair Value (ARV), which refers to the final value of the house once all upkeep and maintenance issues have been addressed. If a house has an ARV of $100,000, and renovations cost about $20,000, the new homeowner may feel fine paying $90,000 for the property. That homeowner would end up paying $10,000 above ARV, but he’ll likely view that as an investment that has a long time to pay back.

When you sell a home to an investor, on the other hand, we do not intend on moving into the property. We’re looking to make a profit (after all, we need to eat and support our families as well). ARV is the price for which we can sell the property, and all repair expenses need to be subtracted from that value. If the ARV on a home is $100,000, and the fix-up cost is $20,000, an investor who pays 90,000 for the property is likely to LOSE money on that investment and that certainly wouldn’t make sense on our end. The only fair price an investor can offer is $70,000 for the same property. This way, we still make a profit, and you have the peace of mind of selling your home quickly and efficiently.

We encourage all potential sellers to do their own research and explore all possible avenues. If you feel that selling to us is your best option, we look forward to working with you!

Realty Solution Source, LLC
PO Box 1
Closter, NJ 07624

Phone: 201.654.3631
M-F 9am-5pm