How Much Cash For Houses In Orlando Can You Get?
If you’re thinking about selling your house, here’s how much money you can get
Sellers are asking about cash for houses in Orlando – they want to know how much they will get if they sell their house. If you’re thinking of selling and wondering how much you might get, this blog post will help to answer that question.
An Important Definition
Since this blog post will be read by people all over Orlando (and surrounding areas), with various price prices reflected throughout the area, it’s difficult to write about a specific dollar figure. However, here’s an important concept that will help you understand how much people pay cash for mobile homes in Orlando…
On The Market: When a mobile home sold “on the market”, that means it’s usually listed by a mobile home or real estate agent and sold after several potential buyers have seen the property and at least one has made an offer. Mobile homes sold on the market will often be sold for approximately the same amount that other similar mobile homes in the area have sold for. This is called “market price”.
Off The Market: When a mobile home is sold “off the market”, that usually means the homeowner has decided to sell their home directly to a buyer instead of listing their mobile home. Mobile homes sold off the market will often be sold for slightly less than their market price, this is called “below market price.”
You might be reading this and asking, “why would anyone accept below market price, and less cash for mobile homes in Orlando than others?”
That’s a good question but there’s more to the story:
- Selling on the market usually means you’re selling it to a person who will choose to live in the mobile home. They’re buying the mobile home for themselves and their family. But when you sell off the market, you’re often selling to a company that might be investing in your mobile home to turn it into a rental property or to renovate it and sell it.
- Selling on the market usually means the buyer needs financing. Selling off the market, in a private sale, often means that a professional mobile home-buying company is willing to pay cash for mobile home in Orlando. (That’s why some people prefer to sell off the market – they don’t want to wait for the seller to get financing; they want to know they’ve sold the mobile home right away).
- Selling on the market actually costs money… sometimes a lot of money. If your mobile home needs renovations and repairs, you usually have to spend money to fix up your mobile home before you sell it on the market. However, when you sell it off the market, such as to a company like us at Better Living Mobile Homes, you may be able to sell your mobile home as-is – saving the money (and the time and hassle).
- Selling on the market through an agent will often result in commissions and fees to the agent for the work they did to sell your mobile home. But selling off the market to a mobile home buying company like Better Living Mobile Homes usually means no commissions or fees or closing costs.
How much can you get for your mobile home? Selling on the market may mean you sell your mobile home for more money but it takes longer and costs more; selling off the market may mean you sell your mobile home for below market price but it’s faster and there are no expenses or fees.
So, how much will sellers get in cash for mobile homes in Orlando? It depends on how you sell – on the market or off the market… and that is determined by how quickly you want to sell and how much time and money you’re willing to invest to sell.