Who are we?
We are Not Real Estate Agents
Just to be clear, the hardworking and dedicated people behind Yolo Home Buyers are not Realtors, we are a family home buying investment team in Central Florida, focused on helping homeowners who are trying to sell their property that might not qualify for a traditional sale with a Real Estate firm. Selling a house through a Real Estate agent is not for everyone when pressed for time and money. Often Realtors are focused on helping you sell your home, but even on a good day, a real estate agent's motivation can wane and typically their motivation is only improved by one thing, money. Realtors are taught to maximize profits by getting you the most money for your home, while cutting a larger commission check for themselves in the process. However this can backfire in some less populated areas of our country and during certain housing market cycles, as your home can sit on the market for a long period of time before an acceptable offer is even made. This of course is after you have already been burdened with costly repairs and aesthetic upgrades to make the house attractive. Let's face it, if your kitchen and bathrooms haven't been upgraded in the last decade, or your water heater, air conditioner or roof haven't been replaced in the last 15 years, you'll be asked to spend some money to make your home appealing to potential buyers. Realtors may not always respect your wishes either, as their job is to get the most money for that house as possible. In many cases this strategy will pay off, but it can take time you just don't have. Do you have months or potentially even years to deal with this? At Yolo Home Buyers, we understand the urgency of our clients who come to us asking for a quick, honest and fair sale of their home without any of the necessary hassle of dealing with Repairs, Realtors and Buyers. Our offers are fair, consistent and firm. We want to offer the best price for your home minus the commitments of a traditional sale. We understand you do not have the luxury to wait anymore. As a result we respect your needs and your sense of urgency and do not use that to our advantage. We understand the possible difficulty and sensitive nature that selling a family home can produce. If financial troubles or foreclosure are the reason you are selling, you may not be able to afford the mounting expense of maintaining the property, its annual or quarterly real estate taxes or getting it ready to show buyers. As a result, we offer you a respectable solution that is competitive and leaves everyone in a position to quickly move onto the next chapter of their lives. A Realtor will receive his or her commission regardless of how much mounting debt must be paid down after waiting months or years for the home to sell. Expenses can quickly mount in times of financial trouble, and these will come directly off the sale of your home. These can include real estate taxes (current and or past), insurance, maintenance fees, infrastructure repairs (if your buyer ends up using a FHA or VA loan, this can get expensive for you, read here: https://www.maxrealestateexposure.com/how-fha-loans-can-be-problematic-for-home-sellers/). Remember, the longer you wait the less profit you get in the end. Sellers with a sense of urgency benefit from our services because no one else feels the burden of these mounting expenses, but yourself. When you need to sell to keep financial losses to a minimum, often Realtors will be blind to this sense of urgency or empathy. A Relator has no monetary interest to invest in the personal feelings of your financial troubles. The bottom line or sale price solely determines how much he or she is getting paid. This is not to say a Realtor cannot work tremendously for some people. In many cases they go above and beyond to earn that three to six percent commission. However, the need to sell a home fast is a unique task not built for every seller, home or market in today's economic climate. We are here to help and make this a straightforward, fair process that aids you to move on financially from your property. Costs Associated With Real Estate Agents  The Accurate Cost of Waiting Statistics do show that on average, sales assisted by real estate agents do in fact command a higher sales price. However, these statistics fail to report and take into consideration the costs that the you will invariably incur by using a realtor. These costs are routinely glossed over and chalked up to selling expenses, that include administrative, holding, legal and closing costs.  Administrative Costs You should perform a financial audit of your property if you decide to sell, to determine just how much you money you have to pay off before listing the home for sale or how much money will invariably come off the sale of the house itself. Common administrative costs include unpaid utilities, city code violations, unpaid property taxes, closing outstanding work permits and existing financing. The more you wait, the more these administrative costs can continue to skyrocket.  Holding Costs What will it cost to continue living in your house while you wait for it to sell? Can you afford to continue living there for six months, a year or even longer before a Realtor finds a buyer for your house? These costs can include the property taxes, maintenance fees, repairs, utilities, storage (for personal items), not to mention your time to keep the house presentable for impromptu showings.  Legal Costs Unfortunately, not every home sale is an easy straightforward process. Often, the seller must hire a lawyer to navigate tough legal barriers such as government liens, sales through inheritance or a split sale from divorce proceedings. These costs are expensive but can be avoided. We can make an offer for the purchase of your property without allowing legal fees to eat away at the equity and final net profit of the sale.  Closing Costs Research suggests that sellers should budget for and expect to pay up to 12% in costs associated with the process of selling their home. Homeowners should anticipate to pay as much as 5% of the sale price in closing costs, and an additional 3% to 7% in Realtor fees. So if your home sells for $200k, you can expect to pay as much as $10k in closing costs and possibly another $6k to $14k to the realtors. When we buy your house, we pay all closing costs.  Repairs and Utilities Remember, if you are going to sell your house with a Real Estate agent, they will want you to make repairs to the home or even bring it up to today's standards, in order to increase its selling potential. While this may net a larger profit in the end, how much will you be required to reinvest into the home on top of the cost associated with the length of time the home stays on the market (remember the holding costs)? When all is said it done, will you really come out ahead financially? How much of the money spent will you be able to recoup in the end? There are too many variables to consider, especially if you desire to sell your home quickly. Request an offer from us today and see how much easier we can help to complete this process.
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