How Much Are Closing Costs?

Closing costs for sellers are approximately 4% of the total purchase price of the home. However, this doesn’t include a real estate agent’s commission fee. Keep in mind that over 90% of FSBO listings eventually hire a seller’s agent because the process is too overwhelming. If you decide to hire a seller’s agent, your closing cost can go up to 6-8% of the sales price. Therefore, in general, you should deduct around 10% from your equity payout. (i.e., the profit left over once everything else has been paid) to get a better idea of the numbers.

Even if you don’t use a seller’s agent, it’s a good idea to subtract the full 10% from your equity so you don’t run into surprises on closing day. This is especially true since you could face a prepayment penalty from your mortgage lender.

Are There Hidden Closing Costs?

However, there are more closing costs that sellers should factor in. You must consider the cost of hiring an attorney to sell your property and negotiate the deal. Likewise, recording fees must be paid to change the property’s legal ownership from your name to the new owner. Filing and transfer fees vary by county, but you should expect to pay anywhere between $100 and $500 for these fees, which will likewise be subtracted from your payout.

Although they are technically not a part of your traditional closing cost, you must factor in your advertising costs as part of the sale. Specifically, you must factor in the cost of getting your home “market-ready,” which includes the cost of repairs required after the home inspection is conducted.

Avoid Closing Costs By Selling To Top Offer Today!

You can keep more money If you decide to sell your home to Top Offer Today.

The best part about enlisting a cash buyer is that you do not have to hand over a large commission to your real estate agent. Therefore, you can save thousands of dollars by selling your home to a cash buyer. The sale happens quickly and on your timeline.

Even if you are considering selling your home without an agent, selling your home can still be costly compared with selling your home to a cash buyer. Specifically, even when selling your home FSBO, there’s a good chance that the deal could fall through because of the lender or an unsatisfactory home inspection.

However, by selling your home to an investor, you do not need to make repairs to the property. Top Offer Today buys your property as-is. This means that you do not have to waste your money on costly home-improvement or repairs.

With that being said, selling a house to a cash buyer comes with several benefits. If you are considering selling your home to a cash buyer, just make sure you do your due diligence. You could always use a reputable company like Top Offer Today. This is best to ensure that you’re getting a fair offer for your home.

Interested in Selling By Owner in Bakersfield?

Are you ready to sell your home today and save on your closing cost? Give us a call or fill out our form to get a free top-dollar offer.

The post Are There Closing Costs When Selling By Owner in Bakersfield? appeared first on Top Offer Today.

Even if you decide to sell your home For Sale By Owner, keep in mind it won’t be a cakewalk.   Not to mention that selling your home can bring out many emotions, like excitement, uncertainty, and stress. You will probably experience these emotions, with or without a real estate agent. 

If you need to sell your house fast in Bakersfield because of financial issues, divorce, or relocation (or some other reason), this urgency coupled with the stress of selling your home can wear you down emotionally.  Also, the need to sell fast often makes sellers vulnerable to accepting lower offers for their homes. 

At some point, homeowners may lose hope and stop the process altogether. This is especially true if they receive several offers that end up being a waste of time. 

Weighing all your options, if you urgently need to sell your home fast, then selling your house through a real estate agent/broker or even an online real estate agent is not the best choice. 

Read below to learn more about how we buy houses in Bakersfield for top dollar.

Be Informed About Cash Buyers 

Many homeowners put their home on the market without having the latest information about industry trends.  They erroneously rely upon their agent, who will, in most instances, not give homeowners all their options. Notably, agents are focused on earning their commission and not necessarily doing what’s right for you. 

If you don’t want to lose your mind while selling your home, consider selling your home for cash to Top Offer Today. When you sell your home to an investor like us, you sell on your own timeline with less stress. Since we are cash buyers, you don’t have to worry about making costly repairs to your home.

Overall, by selling your home to a cash buyer, you save on the standard 6% real estate agent commission fees, which could potentially save you thousands of dollars, depending on your listing price.

“Sell My House For Market Value” in Bakersfield

With that being said, contact a cash buyer TODAY. We at Top Offer Today can give you an offer for your home within 24-48 hours. You may find that selling your home for cash is one of your best flexible options.  

We understand that selling your home is a difficult decision regardless of why you’re selling. Just about everyone develops a unique connection with their house. So, deciding to sell is commonly a hard pill to swallow. Top Offer Today is a people-oriented company focused on making selling homes easier for the average homeowner. After you complete a transaction with us, you will be surprised at how easy it went and wished you called us sooner. 

If you ready to sell your home today, check out our testimonials, reviews, and FAQs. Give us a call today if you want to sell your house quickly, or fill out our simple form.

The post Sell My House For Market Value in Bakersfield appeared first on Top Offer Today.

However, delaying repairs will only cost the homeowner more money in the future because the home will continue to get worse.  

Below we will discuss the steps you need to take when considering selling a house in Bakersfield that needs repairs. 

Start With the Easiest Repairs 

When it comes to making repairs to your home, you should start small. Specifically, you should start with the most inexpensive projects that will have the most effect on your home’s appearance. For example, painting is one of the cheapest and cost-effective ways to update your home before putting it on the market. Additionally, you don’t even need a professional painter to benefit from re-painting your home. 

Similarly, repairing holes and cosmetic blemishes on your wall is a great option for repairing your home’s look without spending a lot of money.

Updating your home’s curb appeal is another good (cheap) option. Remember, you only get one opportunity to make a first impression. Therefore, your home exterior should be in the best condition to attract the largest pool of potential buyers. You can enhance your curb appeal by ensuring that your grass is mowed and any weeds are removed. You can also plant flowers, add doormats, and paint your front door to make your home feel more inviting. Lastly, you should make sure that there are no missing shingles or panels from your home’s exterior.  As this will not sit well with potential buyers. 

Lastly, go through your home and make sure everything works properly.  Start with the small things, like the doorknobs and blinds. Then move on to the bigger things like the dishwasher or garage door. Things in your home do not need to be brand new for you to sell. However, things should be in good working condition. When things don’t work properly, this is the quickest way to drive down your listing price.  

Consider Getting a Pre-Sale Inspection

Unless you are a professional contractor or home inspector, more than likely, you will miss some issues when evaluating your home. 

As such, one of the best things that homeowners can do before putting their home on the market is to order a pre-sale inspection. It’s no secret that a majority of home sales fall apart during the home inspection phase.  Major repair issues can kill a sale or drastically lower your listing price. However, if you’re aware of your home’s major issues beforehand, you can address them before listing your home with an agent. 

Consider Selling Your Home For Top Dollar  

If you do not want to be bothered with making any repairs to your home, your best option is to sell your home for top dollar to a reputable investor in your area like us. 

Even if your home requires a fair number of repairs, we can still give a fair offer for your home. We purchase your home “as-is,” which means you don’t have to pay for any repairs or even try to make your home look nice for us.  Also, you don’t have to worry about the deal falling through because of a home inspection or the lender not approving the financing. We purchase your home for cash. Once you receive an offer from us, you can expect to close the deal within a couple of weeks or sooner if you need to.  

Overall, by selling your home to us, you can avoid making any repairs or worry about the deal falling through. 

If you ready to sell your home today, check out our testimonials, reviews, and FAQs, and give us a call today if you want to sell your home quickly.

The post Do I Need To Make Repairs Before Selling My House in Bakersfield? appeared first on Top Offer Today.

Closing Costs When Selling Your Home Through a Real Estate Agent

The standard closing costs are usually heavily negotiated and outlined in the sales contract. However, often overlooked is that the true cost to sell your home includes the cost to get your home “market-ready”. These fees can be as little as a couple of hundred dollars to enhance the curb appeal of your property. They can also go all the way up to a couple of thousand for major renovations. Not to mention the cost of staging your home and hiring a photographer.

Additionally, the cost of making repairs after your home is appraised must also be factored in. Most of the time, the home inspection will come back unfavorably for the seller, especially with older homes. When this happens, the buyer will either demand certain repairs or ask you to lower the price to follow through with the deal. If you really need to sell your house, this can put you in a tough position. This is especially true if the real estate market is cold at the moment.

Expensive Agent Commissions

Even after all those costs, the most substantial closing cost will be the real estate agents’ commission fees. For the most part, real estate agents make their money when they find you a buyer to purchase your home. You are responsible for paying the standard 6% commission fee when the deal closes.

For example, if your home is listed for $200,000, that means that you will pay approximately $12,000 in commissions. This amount is typically split evenly between the listing agent and the buyer’s agent. Keep in mind that all of the fees mentioned above are in addition to the cost to pay off any liens or existing mortgages on your property.

Closing Cost When Selling Your Home To Top Offer Today

On the other hand, when you sell your house to an investor, you don’t have to invest in making repairs. Most cash buyers are seasoned, real estate professionals. They understand that your home is imperfect and will require some work after they purchase it. Therefore, your property will be sold “as-is.” Further, when you sell your house to an investor like Top Offer, you don’t have to deal with lenders, contingency clauses, and unfavorable home inspections.

Most importantly, you do not have to pay them any commission fees, which can be substantial, as explained above. Notably, investors, like us, do not list your property on the Multiple Listing Service (MLS) or market your property to other potential buyers. Instead, investors purchase your property and either flip it or rent it out depending on the local market.

Further, you don’t have to be at the mercy of the lender to approve your buyer’s loans. Within a month of contact with an investor like us, your home will be sold, and you will have cash in your pocket.

Get A Top Dollar Offer

With that being said, why not make selling your home easier and faster by selling your home for cash to Top Offer Today. This way, you can move on to the next chapter of your life. When you sell your home to Top Offer Today, we can typically close in less than three weeks. We handle all the expenses and closing costs. The best part is you don’t have to pay us any commission. Hopefully, this article helped answered how much will I pay when I sell my house in Bakersfield.

If you want to get a top dollar offer give us a call at (661) 493-8530 or visit us online at topoffertoday.com

The post How Much Will I Pay When I Sell My House in Bakersfield? appeared first on Top Offer Today.

Enhance Your Curb Appeal

The exterior of your home and your landscaping is the first thing that potential buyers will see when they come to visit your home. As the old adage goes, you only get one chance to make a first impression. Therefore, if you want to increase your overall chances of selling your house fast in Bakersfield, you should take a hard look at your home’s exterior appearance. In general, your lawn should be neat and well-maintained. The sidewalk and driveway should be clear of cracks and cleaned.

Additionally, you should consider adding flowers or decorative shrubs to give your home a more inviting feel. Lastly, your front entrance should be well lit with a decorative doormat. Also, consider painting your entrance door in a color that makes your home pop.

Professionally Stage Your Home

Professionally staging your home is an excellent way to give potential buyers an idea of what they can do with your home. If done correctly, staging helps buyers envision their family in your home. Remember that you don’t have to stage your entire home; you could select certain rooms to stage to highlight your home’s best features. If physically staging your home is out of your budget, consider digitally staging your home, which is much cheaper.

Additionally, the advantage of digitally staging your home is that it is flexible. Notably, you can offer potential buyers several staged versions of your home, which should garner a larger pool of potential buyers.

Declutter and Clean

Whether you choose to stage your home physically or digitally, you must remember to clean and declutter regardless. Focusing on throwing out excess junk and items. Also, declutter and organize any closet and storage spaces. If these spaces are not organized, it gives the appearance that your home does not have enough storage or is too small.

Hire An Experienced Real Estate Agent or Broker

An experienced local real estate agent should be able to help you increase your chances of selling your house fast in Bakersfield. Specifically, an experienced agent can help you price your home correctly to attract the largest pool of potential buyers. Additionally, an experienced agent would be able to give you advice and tips on things to do to help you sell your house faster. Lastly, an experienced agent in your area should have strong connections with other agents to increase showings to your property. However, keep in mind that selling your house with an agent does mean you have to pay commissions.

Sell Your Home to Top Offer Today.

Did you know that over 40% of real estate transactions are all-cash deals? There are several reasons why all-cash deals are so popular. Specifically, selling your house to an investor in Bakersfield eliminates most fees and hurdles that are present when you use a real estate agent or sell your home For Sale By Owner (FSBO). When you sell your house to an investor like Top Offer Today, you don’t have to worry about getting your home “market-ready” because we purchase your home “as-is.”

Additionally, you can have cash in your pocket within a couple of weeks, much faster than the traditional three to six months that it takes to sell your home through a real estate agent. Lastly, because we don’t require financing, you don’t have to worry about the deal falling through because of contingencies, unsatisfactory home inspections, low appraisals, and bank denials. You likewise don’t have to worry about paying hefty real estate agent commissions and fees.

Best Way for Selling My House in Bakersfield?

If you are ready to sell your house today, check out our testimonials, reviews, and FAQs, and give us a call today if you want to sell your house fast in Bakersfield.

The post How Can I Increase My Chances of Selling My House in Bakersfield? appeared first on Top Offer Today.

But at the same time, you as a seller would aspire to get multiple offers on your Bakersfield home. Having several offers helps sellers choose the best and the most profitable one out of all, which falls in their favor. Fortunately, getting multiple offers isn’t as hard as it sounds. By following a few steps and taking a better initiative, you can move your listing into the multiple-offers zone.

1 – Price it right

Sellers often tend to struggle when it comes to pricing their property. We all wish to make a profit, but the question is, how much can you make with your property? You can take it as high as possible and as low as possible depending on your need. But the best approach is to price it right, both for you and the buyers. The more competitive and market-appropriate your price is, the more the buyers will be attracted to your property.

2 – Have An Open House

Think from the buyer’s perspective here. Imagine, if you were buying a home, would you purchase it by looking at the online images? Of course no! Buyers tend to enjoy touring the property before they make the purchase. So, set up a date and time for an open house and invite potential buyers to have a look at your property and imagine themselves living there.

3 – Stage The House

Putting in extra effort and a bit of money can help you sell faster and attract better offers. Staging your home means making it more presentable for the buyers, especially when you are having an open house. This helps the buyers get an idea of how the place will look if they move in. You can do it on your own or you can hire professionals to do the job for you.

4 – Market Your Property

Next, the best approach is to market your property. Just like all other items, you need to market your home to attract the right buyers. You can use various techniques such as putting up a for sale sign, listing your property on both local and international listing sites and hiring a professional real estate agent to help you spread the word about your property.

5 – Get A Free Offer From Top Offer Today

Would you like to sell your house in Bakersfield without the work of selling on your own? The benefit of selling to us is we take care of the entire process.

Top Offer Today buys Bakersfield houses for full price… Give us a call at (661) 493-8530

Takeaways

Remember, the reason why having multiple offers is beneficial is that as a seller you get to choose the best option, meaning the one that is profitable and hassle-free as well. Never go with the highest offer that comes with several contingencies. You never know what the buyer will back out of it. So play safe and profitable at the same time.

The post How To Get Multiple Offers on Your Bakersfield House? appeared first on Top Offer Today.

But to take advantage of the time and the on-going market trends, you need to use the best ways to sell your house in Bakersfield. If you are selling a house for the first time, then the following points will help you sell your property for the most money. So, let us go ahead and discuss them in detail. 

1-    Learn About Your Local Market

The first thing you need to do is learn about the on-going market trends in your area. Check whether the market is in the favor of buyers or sellers. Consider the demand and sell factor by looking at the number of homes available in your area. You can also check other listings’ prices and the price appreciation factor to determine the price and time for the sale. Considering these trends will help you choose the right time to sell and will also help with setting the right price. 

3-    Determine the Selling Cost

Selling your house isn’t just about getting a huge paycheck. To get that check, you need to make some investments on your end, called the selling costs. They mostly include the minor repairs, cost for hiring a real estate agent, inspection costs, etc. So make sure to consider all your selling costs before you set a price for your home. 

4-    Negotiate The Best Offer

It is human nature to go for the highest offer. But in real estate, we suggest that you fight that and opt for the best offer. The reason being that the highest offers often come with contingencies that allow the buyers to walk away from the offer at any time. So, negotiate the best offer, not the highest one. 

5-    Find A Trusted House Buying Company

One often-overlooked option for selling a house is using a real estate investment company. Most homeowners tend to think that they won’t get the best offer when selling to a local investor. However, this is often not true. Most times, selling to a company like Top Offer Today can actually net you more money than selling through an agent.

If you want to find out exactly how much you can get when selling to us you can do so by going here: https://www.topoffertoday.com/sell-a-house-fast-in-bakersfield/ 

Takeaways

In real estate, it is all about luck and effort. You might get an amazing offer within days, or you might have to wait for months. Elements affecting the real estate market are always fluctuating. So, to get the best offer on your property, you need to put in all the effort and play your cards right. The ways above-mentioned will help you do that. So it would be in your best interest to try them out!

The post What is the best way to sell my house in Bakersfield? appeared first on Top Offer Today.

Well, you might be thinking, why no one wants to buy your house. But all these questions are completely understandable because there are certain circumstances in which you might want to sell your house quickly. For instance;

• Inherited a property that you no longer wish to keep.
• Going through a divorce and need to get your assets aligned.
• Need to move to another city or state.
• Facing financial troubles and need cash fast.
• Can’t bear the burden of a vacant property anymore

In all these cases, your only goal would be to sell your home fast at the right price. In the real estate industry, this might have been impossible but not anymore. Here are the best-proven ways which can help you sell your home as quickly as possible.

1 – List Your Property Online

The power of the internet has expanded beyond our expectations. With everything being digital these days, it is easier to reach thousands of targeted home buyers with a single ad on the internet. You can use websites like Zillow or Trulia to post your property. This makes it available to everyone who visits these sites to see and is in the market for a house like yours.

2 – Use Social Media Sites For Marketing

Apart from the listing sites, social media sites have taken a huge twist in the past couple of years. Initially, they were used for communication purposes only but lately, they have turned into business hubs which make them great for marketing purposes. You can set up targeted Facebook and Instagram ads to reach out to potential buyers.

3 – Ads in Local Newspapers

Nothing is better than the local newspaper. The reason is that it is widely distributed all-around your neighbor and nearby towns. This helps you spread the word to locals.

Plus, your ad will be listed in the ‘Homes for Sale’ section of the newspaper. That means everyone who reads it is a potential buyer.

4 – Sell To Professional Real Estate Investors

If you need to sell your house immediately, a trusted house buyer is the best way to sell your home fast. Choose buyers such as ‘Top Offer Today’ who are equipped to handle the paperwork and the legal framework associated with buying and selling houses.

A reputable buyer will purchase your property at market value. Plus, the best thing about Top Offer Today is that we buy houses in as-in condition and help close the deal quickly.

The post How Can I Sell My House Quickly in Bakersfield? appeared first on Top Offer Today.

If you are a tired landlord in Bakersfield and you are willing to sell your rental property that is occupied by bad tenants, talk to us and we are ready to help. Being locals in California and landlords ourselves, we have dealt with many bad tenants.

As real estate investors here in Bakersfield, we have many years of experience in real estate and we can help you sell your rental property “as-is” regardless of who is occupying it. If your rental property has tenants in it, you don’t have to worry because we also buy tenant occupied rental property.

Selling your Bakersfield Rental Property Fast

If you are a tired landlord, selling your rental property fast for cash is the best option. We understand the frustrations that tired landlords go through and that’s why we guarantee faster closing and cash payments. We are always ready to take the burden off the shoulder of tired landlords who are either struggling with;

• Bad tenants
• Unreliable rental Management Company
• Close monitoring and regular property maintenance especially for those who live in other cities or oversees
• High rental maintenance costs which reduce your investment returns
• Maintaining an active role as a landlord especially at old age

If as a landlord you fall under any of the above categories, we have dealt with many other similar cases before and we are ready to help. We buy rental properties in Bakersfield fast for cash and we guarantee faster home closings.

Why Should You Work With Us?

• As a home seller, you don’t incur any closing costs or escrow agent fees
• You don’t have to worry about repairs because we buy your rental property “as-is”
• Guarantee faster closing mostly within a week
• We buy rental properties with tenants thus, saving you the burden of evicting bad tenants or issuing tenancy termination notices
• We also buy vacant or neglected  rental properties

When we buy your Bakersfield rental property as is and for cash, we make sure to close quickly. We also make sure that you never have to worry about making costly repairs and renovations. This is great for you because you can avoid the long drawn out process of listing with an agent.

Another benefit of working with us is the fact that we buy all types of rental properties. Therefore, if you have a single-family or multi-family rental in Bakersfield, we’re ready to buy it for cash.

Sell Your Bakersfield Rental Today!

If you’re ready to sell your rental property in Bakersfield, we promise a quick and simple process. Just fill out our simple form or give us a call and we will take care of the rest!

Feel free to visit our “How it Works” Page where you will get answers to any questions that you might have on how to sell a rental property in Bakersfield for cash.

Looking forward to working with you for an outstanding experience!!

The post Sell a Rental Property in Bakersfield with Bad Tenants appeared first on Top Offer Today.

Over 50% of American weddings end up in divorces. So, it comes as no surprise that many Bakersfield residents are looking for advice on selling their homes during a divorce. There is NO CONCISE COURSE OF ACTION that can be implemented in every situation, but this article will try to help you as much as possible.

What To Consider

There are several factors to consider when facing a divorce in a real estate market that has yet to rebound from the housing bubble burst, one of the key items for consideration being the fact that a home is one of the most valuable joint assets, and obviously cannot be divided without first liquidating. Bearing this in mind, here are a few noteworthy considerations.

Decide If (and When) To Sell

The most influential factor when considering selling your house during a divorce is the kids. They should not have to bear the physical burden of this disagreement, as the emotional part may be already too much for them to handle. It is therefore advised that one partner keeps the home and buys out the other’s shares. Equally, agreements could be made where one partner uses the house for a set period of time. Then, sell it at a predetermined date (usually when the kids come of age).

Get Professional Help

Selling your house can be quite difficult under normal circumstances. So, it is expected to be even more so during times as trying as a divorce. There are a lot of things to consider during a divorce, and arguments frequently break out over the most trivial of issues. Agreeing on a price may be impossible between the couple, so it is recommended to hire professional help such as real estate agents or investors. This presents both parties with a neutral and rational opinion as well as a fair price for their property.

Set an Achievable Timeline

Set a timeline within which you intend to sell your property and stick to it! You may want to consider putting everything into writing to ensure that either partner doesn’t take advantage of the situation. Put up your house for sale in advance and determine the closing and moving dates as well as the time. Deciding on which spouse should be responsible for negotiations can also facilitate this process.

Sell a House During a Divorce For Cash

The quickest and best possible option can be to sell your house for cash. Real estate investors such as “Top Offer Today” can purchase your property for a fair price. We can also close the deal in as little as 7 days. This ensures that the spouses are not in each other’s way for any longer than they need to be, and certainly make selling the property easier than their breakup.

Give us a call today at (661) 493-8530 for the best solutions for selling your home in Bakersfield. Or get a free top dollar offer by filling out the form below: 

The post Is It Possible To Sell A House During A Divorce In Bakersfield? appeared first on Top Offer Today.