Cash For Houses In Calgary – How Much Can You Get For Your House?

How Much Cash For Houses In Calgary Can You Get?

If you’re thinking about selling your house, here’s how much money you can get

Sellers are asking about cash for houses in Calgary – they want to know how much they will get if they sell their house. If you’re thinking of selling and wondering how much you might get, this blog post will help to answer that question.

An Important Definition

Since this blog post will be read by people all over Calgary (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 Calgary…

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 can often be sold for slightly less than their market price, this is called “below market price.”

Getting cash for your house and selling “off the market” can be super helpful, especially if you’re in a bit of a hurry or just want things to move quickly. But here’s the thing – the kind of house you’ve got can affect how much cash you might get.

Some houses, like ones that have basement suites, can be converted easily to up-down rentals, out or are in areas with high demand, can get offers close to their market value today. That’s pretty cool because it means you might get a good amount of cash for your home without waiting forever and avoiding the traditional selling hassle.

But if your house is a bit pricier (like a luxury home), is one that needs a bunch of repairs, maybe a condo, or is a type that right now takes a long time to sell, you might only be able to get an offer that’s less than the market value. It will be a trade-off for the convenience of getting cash quick.  Investors are always willing to buy a home, but the deal must be a win-win to get them onboard.

At Calgary Home Sale, we are, and represent professional home buyers who buy houses off the market. To learn more about what we do, click here to fill out the form or call us now at 403-907-5031

You might be reading this and asking, “why would anyone accept below market price, and less cash for houses in Calgary 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-buyer is will to pay cash for houses in Calgary. (That’s why some people prefer to sell off the market – they don’t want to wait weeks for the seller to get financing; they want to know they’ve sold the house right away).
  • Selling on the market does cost money… sometimes a lot of money. If your house needs renovations and repairs, you may have to spend money to fix up your house before you sell it on the market. However, when you sell it privately, you may be able to sell your house as-is – saving that 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 privately with a home buying company like Calgary Home Sale we can help you save on commissions or fees and 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 Calgary? 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.

Here’s where we come in: We’re here to give you a free, no-obligation review of your property and, if it qualifies, follow it up with an offer for your home. All you’ve got to do is reach out to us! We want to hear about your house and your unique situation.

Selling a house can feel a bit like a puzzle, and finding the best way to do it is different for everyone. That’s why we want to chat with you – to figure out the best plan for selling YOUR house.

So, if you’re thinking about getting cash for your house and want to explore your options, click here to submit your property information for a free offer. Let’s talk about your house and find the best way to help you get that cash you’re looking for.

We pay cash for houses in Calgary and we’d like to make a no-obligation offer on yours. Click here to fill out the form or call our office right now at 403-907-5031

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