There is no doubt about it, the number one question we get at Westbrook REI about our local Stockton house buying program is, “Can you buy my house for cash in Stockton or do I have to wait for a buyer to get a bank loan?“
It is a great question and very valid in today’s Stockton, Modesto, Manteca and Sacramento Market.
The short answer is YES we can buy your house with cash and NO, you dont have to wait for a buyer or bank loan,,, we are the buyer and we do not require bank approval to buy your Stockton house!
But be careful because not all We buy House Companies Stockton are the same. We have multiple lines of credit and partnerships that we have developed over the years to purchase homes. The vast majority of our competitors do not.
What does this mean for you?
Many We Buy Houses Stockton companies do not have the cash on hand to purchase your house. Some of them will attempt to get hard money loans from private lenders or banks and others will sign the agreement in hopes of assigning the contract to a We buy Houses Stockton Company like Westbrook REI. The truth, is a lot of them are “bird dogs’ for larger companies like mine and unless the money is deposited in escrow by the closing date your house will not close until that funding is present. Worse yet the sale will fall through and you will need to start all over again.
I have been a Cash home buyer in Stockton, Modesto, Lodi and Manteca for many years and I receive frequent calls from my competitors wanting to “wholesale properties to me, not only because they lack the funding to purchase the properties, but also because they underestimated the cost of the purchase and repairs. The truth of the matter is that the Cash Home Buyers in Stockton are limited with the number of loans that they can have and remember this is a business and not all companies remain in business.
Most Home Sales in Stockton, Modesto, Sacramento, Manteca and Lodi, require financing:
Listing your home with a real estate agent is another option, but keep in mind that real estate agents do not buy houses, they list them and if they sell your house to a Cash Home Buyer in Stockton, you are going to pay the 6% commission. Not the Buyer. But aside from that…
When you stop and realize that 95% of all buyers of houses listed with a real estate agent go through the traditional “bank loan” process, which can take from 20-60 days from the time you accept their offer, to actually close on the property, you realize that the house buying proposition is generally not done on a cash basis.
Even with a buyer under contract, the lending contingency is so strong that you also need to be aware that the buyer is not the only one that needs to qualify for a loan… so does the house. You read that right, today even your home needs to meet with the banks approval and most banks will not lend if there are any issues with the house that need attention. All of a sudden the house can become the subject of approval and any house that is not in Market Ready condition (because of deferred maintenance or other issues) will likely kill the loan.
All the while you’re paying your mortgage payment, the utilities on the house, insurance, and a real estate agent commission at the end.
“What will you pay me for my house in Stockton?
Houses throughout the Sac Joaquin Valley have risen in value across all neighborhoods regardless of location.
All Houses have seen a significant price increase and the value of your house .
Keep reading this article to learn about our local “cash for houses in Stockton” program and how we can close on your house in as little as 7 days.
“Can You Buy My House For Cash In Stockton” – How It Works
At [company], we’re a local and experienced house buying firm. We are Real Estate Investors.
We buy houses for cash, we fix and update them and then we either hold them as rentals or sell them to a new homeowner.
The local homeowners and house sellers we tend to work with usually need to sell their house fast… and the fastest way to sell a house is with a buyer who can pay cash. A cash house buyer helps you avoid having to wait for that buyer to get approved for the loan… and for that loan to work it’s way through the bank underwriting and funding process.
If you’ve ever gotten a loan from a bank to buy a house, you know how long the process can take. Today its even worse, and the restrictions are overwhelming.
If you don’t have the time to wait, that’s where we come in.
We can buy your house for cash, close quickly, and we pay all of the closing costs and fees associated with fixing up the property.
You get a quick, no-hassle sale.
You get cash in your hand on the schedule you need (in as little as 7 days), and we get the chance to help improve the neighborhood by doing any repairs or upgrades the property needs and getting a new home owner into the house as soon as possible.
We Buy Stockton Houses For Cash. Get Your Fair Cash Offer Today.
You have got nothing to lose. At Westbrook REI we will make you a 100% no-hassle and no-obligation offer with no obligation on your end. If it makes sense, we can buy your house. If not, we shake hands and part friends, but at least you will have the most information possible to make the best decision for you and your family.
Selling your CA house shouldn’t take long or be stressful.
If you need to sell your house fast and can’t wait the 3-6+ months it can take to sell your house yourself or through an agent, you don’t have anything to lose by seeing what we’ll offer on your house.
Fill out the short form through the link below or give us a call anytime at (209) 481-7780. We’ll get some basic information about your house and within 24 hours will send you a formal written offer. If the offer works for you, we’ll work with a local neutral 3rd party title company to put the sale paperwork together and set a closing date that fits your schedule.
Get the process started below or call (209) 481-7780!
At “Westbrook REI” and “We Buy Houses Stockton”, we are the best at what we do because we work at it every day. We understand that a commitment to customer and a commitment to our business only happens with hard work. We have years of experience and a plan that we follow. We are a real company with real people that are committed to helping you achieve your goals.
We buy houses in Stockton, CA and its surrounding areas in Lodi, Woodbridge, Acampo, Lockeford, Linden, Ripon, Manteca, Modesto, Ceres, Tracy and Sacramento CA. If you need to sell your house fast in Stockton, call us… we’d love to make you a fair no-obligation no-hassle offer. You’ve got nothing to lose, but we’d love to earn your business. 🙂