Three Things to Avoid When Selling Your House For Cash In NYC
Selling your NYC home or property for cash can be a great alternative if you need to sell your house fast.
As tempting as it might sound to have thousands of dollars in your bank account instantly, it's easy to find yourself in a legal pickle if you're not careful.
Fortunately, we've put together a list of things to avoid when selling your house for cash in NYC.
Don't Forget All Your Documents
One common issue you can run into when selling your NYC house for cash is forgetting the important documents you need. We encourage customers to have two sets of each of the following documentation:
- Property Surveys
- Receipts
- Permits
- Loan documentation (past and future)
- HOA dues and agreements
- Blueprints, if accessible
- Current utility bills
- Title
- Any warranties
Avoid Forgetting Your Disclosure Statements
One of the most vital things you won't want to forget when selling your home for cash is getting a disclosure statement. It's advised that home sellers carry statements listing the defects associated with the property.
Required by most states, this documentation might include things like:
- Structural problems
- Mold
- Paint issues (lead)
- Flooding and other problematic conditions
Don't Forget The Closing Costs
Whether you decide you're selling your NYC house for cash with a real estate agent or not, there is always going to be some sort of fee you'll have to pay. One of the pros that come with houses that are "For sale by owner" is that the almost everything is negotiable. But unfortunately, not all the sales go as smooth as you may think.
Because sellers are more concerned with getting the most out of the cash deal and neglect hiring a real estate agent, they look over things like deed transfer taxes, excise tax, and other required paperwork. In addition, closing costs vary from state to state. If you're not careful, you will find yourself in a bind without proper realtor guidance.
Selling Your NYC House For Cash? Let Us Help
Whether you're selling your NYC house for cash or want tips on how to sell your home without a realtor, we've got you covered. We know how hard it can be to sell a home fast in south Florida, so we've created our business to help you do just that.
Have questions? On the fence about using Sell Now Homebuyers? We encourage you to check out our testimonials section and see what our customers are saying about us! Feel free to contact us and a member of our team would be more than happy to answer any questions you may have.
We Buy Houses In The Greater NYC Area
“I had much going on in my life, their work was effortless for me. I actually had a couple of good nights of sleep again due to their trust and professionalism.” – Terrance, Brooklyn
“I was told that companies like Sell Now Homebuyers will make a good offer at first and nickel and dime you during their inspection. That wasn't the case at all!” – Karen and Bill – Queens
“The process was really really quick, easy, and simple. Dave and his team told me it would be fast and convenient…and it was less than 30 days.” – Natashia – Hicksville, Long Island
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