Facing Foreclosure in Boston? How a Cash Sale Can Save Your Credit There is no scarier feeling than opening your mailbox and finding a “Notice of Default” from your bank. If you are falling behind on mortgage payments in Boston, you are likely feeling paralyzed. You might be afraid to answer the phone or the […]
How to Vet “We Buy Houses” Companies in Boston (And Avoid Scams) If you live in Boston, you’ve seen them. You’re driving through Dorchester or Mattapan, and there they are stapled to a telephone pole: yellow plastic signs with handwritten black sharpie text reading “WE BUY HOUSES CASH” or “CASH FOR HOMES – ANY CONDITION.” […]
The Hidden Costs of Selling a Home in Boston (And How a Cash Sale Avoids Them) | AllVest Group The Hidden Costs of Selling a Home in Boston (And How a Cash Sale Avoids Them) When you decide to sell your house, you probably have a “magic number” in your head. Maybe you see that […]
You must be alert when selling for cash; this post outlines five red flags so you can protect your sale. Watch for pressure to sign immediately, no written contract or proof of funds, extremely lowball offers, vague timelines, and buyers who avoid inspections.
It’s important you know how buyers arrive at a cash offer by combining market comparables, estimated repair costs, holding and transaction expenses, and a built-in profit margin; you should expect that shorter closing timelines can increase the discount while undisclosed title or inspection issues pose risk to your payout.