How much will you pay for my Los Angeles home?
Will I get "fair market value" selling my house to you?
Especially in this market, where property values are at or below a 20 year low, and houses take an average of about 80-100 days to sell (meaning many houses take much longer), the idea of a "fair market value" is highly subjective.
While your house may be appraised at one value, in a best-case scenario you are likely to get offers of 80-90% of that appraisal.
If the property is listed with a real estate agent, that would be another 5-7% (on average) of the sale price you'll be paying to your agent at closing.
Depending on your situation and contract of sale, you might be responsible for additional closing & title transfer fees.
Even with all of those factors, you still aren't guaranteed a sale.
How Much Can I Get For My Los Angeles Home?
Many sellers end up listing a property on the market for 6-12 months, only to eventually sell it for as little as half of their initial asking price---just to get the property sold!
The point is, "Fair Market Value" is highly subjective, so while it is possible you would sell your house for a higher price on the open market than you would be selling to LABuyer, you need to factor in additional expenses & opportunity costs like:
- Real estate agent fees
- Asking price vs. offered price
- Taxes, title transfer, and closing costs
- Repair, clean-up, and maintenance costs
- Time on the market
- Buyers unable to secure financing
- And many more ...
Compare that to selling to a cash investor like us, and you'll see why --- even though our offer might not be as much as your asking price --- sometimes it's worth it to know you can have the house sold in as little as 7-10 days.
Especially when you also know you'll be paid in cash (via cashier's check) at the time of closing.
Find Out How Much We Will Pay For Your Los Angeles House
If you are curious how much we will pay for your house, fill out our form for a no-obligation cash offer.
To reiterate, you will receive an offer for your house, not pay a penny for that offer, and hold ZERO obligation to sell to us; you have nothing to lose!
Also feel free to contact us directly if you have any other questions or inquiries.
If you are interested in receiving an offer for your house, click the button below!