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

Aug 31, 2022

How much you can get for your house if you’re thinking about selling?

Sellers are asking about cash for houses in Savannah – 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 Savannah (and surrounding areas), with a wide variety of prices reflected throughout the area, it is difficult to provide a specific dollar amount. However, here’s an important concept that will help you understand how much people pay cash for houses in Savannah.…

On The Market: When a house is sold “on the market”, it means the property is usually listed by a real estate agent and sold after potential buyers have seen the house and at least one potential buyer has made an offer. Houses sold on the market often will be sold for approximately the same amount as similar houses in the area sell for. This is called “market price”.

Off The Market: An “off the market” sale, usually means the homeowner has decided to sell their property directly to a buyer instead of listing their home. Houses sold off the market will often be sold faster but for slightly less than their market price, this is called “below market price.”

At 32Homes LLC, we are 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 (912) 421-9907

You might be reading this and asking, “why would anyone accept below market price, and less cash for houses in Savannah 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 Savannah. (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 the seller doesn’t have a plan for.. If your house needs repairs and renovations, you usually have to spend money to fix up your house and bring it up to code before you sell it on the market. However, when you sell it off the market, such as to a company like us at 32Homes LLC, you may be able to sell your house as-is – saving money (and the time and hassle).
  • Selling on the market through an agent often results in additional fees and commissions for the agent and the work they did to sell your house. But selling off the market to a home buying company like 32Homes LLC usually means no commissions or fees or closing costs.

How much can you get for your home? In some cases, selling on the market means you sell your house for more money, but it takes longer and costs more; in other cases, selling off the market means you sell your house for less money, but it takes less time and there are no fees or expenses attached.

In Savannah how much cash can sellers expect to get for their houses? Selling on the market or off the market depends on how you sell, which depends on how quickly you want to sell and how much time and money you have to invest.