Delays in closing on a house can be pricey in both emotions and money. The parts of a real estate transaction don’t always move into the next step smoothly. It can be irritating to think your closing is close, only to find out it’s delayed due to an issue that could have been prevented.
These slowdowns just add more work to update the paperwork with the right payoff amount for the new date. Buyers who damage their credit and title problems can stop the closing and could lead to losing the sale.
When buying or selling a house, it’s helpful to be aware of these issues that can interfere with the sale and what you can do to avoid them. Read on to learn three ways that the sale of a house in Massachusetts can be stalled.
Appraisal
A professional appraiser looks at the size and features of a property that can increase or decrease its value. This includes details like the home’s condition, number of bedrooms and closets, and where it’s located. Since the market dictates a home’s worth, the appraiser may check to see what similar properties have sold for. If the appraisal comes in lower than the sale price, it can stop the sale of a house in Massachusetts. But you don’t have to worry when you work with Pegasus Home Buyers‘s local buyers. Our team of pros make selling your home stress-free. We’ll explain the differences between a traditional listing and a direct sale, so you can make an informed decision. Plus, Pegasus Home Buyers‘s buyers never take commission or have any hidden fees. So you can keep more of your profits.
Unrealistic Deadlines
The sale of a house in Massachusetts can take a while if not done correctly. It can take 45-60 days using a conventional closing. Problems might also arise if there is not enough time to solve any complications. It can be tough for the seller who has to pay for the holding costs. Pegasus Home Buyers makes it easier by providing a guaranteed closing date, usually within a few days. Plus, they don’t need to move in, so the seller can choose the best date. And, with Pegasus Home Buyers, the seller won’t have to pay any closing costs, getting the full amount in cash.
Contingencies
Buyers often add contingencies to contracts for the completion of repairs and may also cover the appraisal, closing on the sale of their own property, or loan approval. There is potential for something to go wrong as everyone works towards resolving contingencies, like discovering another problem with the house during the repair process. These situations can also stall the sale of your house in Massachusetts. Selling directly to professional buyers like those at Pegasus Home Buyers eliminates contingencies. The professional buyers at Pegasus Home Buyers buy houses in as-is condition, so there’s no need to spend another restless night worrying about passing the inspection. At Pegasus Home Buyers, we are your neighbors here in Massachusetts, and we are proud of our work which is why we have a policy of total transparency; we present you with all of the facts because we want you to agree that our offer is fair. At Pegasus Home Buyers, it is important to us that you feel good about working with us long after you have left the closing table.
The professional buyers at Pegasus Home Buyers understand the situations that can stall the sale of your house in Massachusetts; they and their team have the solutions that sellers need to make the process stress free. So whether you are one of the many sellers who simply want to avoid the nightmare of showings or are under time or financial constraints and need to sell fast, a direct sale to a professional buyer at Pegasus Home Buyers makes it simple. So why not talk to one of the professional buyers at Pegasus Home Buyers today without any obligation and find out how we can help solve your house-selling troubles easily?
Call Pegasus Home Buyers at (781) 810-4242 to help with the sale of your house in Massachusetts!