How to Sell a House for Cash in Bordentown
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Alexandra Lee Associate EditorCloseAlexandra Lee Associate Editor
Alexandra is an associate editor of HomeLight.com. Previously, she served as a writer and social media manager at Santa Barbara Life & Style Magazine, in addition to interning at the nonprofit honors society Phi Beta Kappa. Alexandra holds a bachelor's degree in communication and global studies from UC Santa Barbara, and she has three years of experience reporting on topics including international travel, luxury properties, celebrity interviews, fine dining, and more.
If you’re looking to sell a house for cash in Bordentown, it’s likely you want a quick, uncomplicated sale. With this type of transaction, you can skip home prep, avoid repairs and showings, and close on your timeline.
The three big questions on your mind might be:
- How do I sell a house for cash in Bordentown?
- What does this convenience cost?
- How much more can I get for my Bordentown house if I make repairs?
In this post, we’ll walk you through the two most common options for receiving an all-cash offer in Bordentown, and what the offer amount might look like, depending on who you sell to and whether you make repairs or sell as-is.
Options to sell a house for cash in Bordentown
Homeowners typically have two ways to sell for cash: work directly with a house-buying company or investor, or hire a real estate agent who can help attract a cash offer from a traditional buyer. Each option can yield different levels of proceeds.
Before we dive into the details, use the comparison calculator below to get a quick estimate of how a cash offer in Bordentown might compare depending on how you sell.
As you can see, your cash offer amount will be considerably higher if your Bordentown home is in good condition, but not everyone has the time, money, or desire to make significant repairs. For homeowners facing an imminent lifestyle or job change, financial pressures, or wanting to sell an out-of-state inherited property, the speed and convenience of an all-cash offer can’t be beat.
Let’s explore what you can expect from each option to sell a house for cash in Bordentown.
Option 1: Sell to a cash buyer company in Bordentown
House-buying companies and investor groups specialize in purchasing homes for cash. Many of them buy properties in “as-is” condition, meaning you don’t need to clean, make repairs, or stage your Bordentown home. They are commonly known as “We Buy Houses” companies.
Other house-buying companies that serve Bordentown, known as iBuyers, only purchase homes in good condition or move-in-ready “turnkey properties.” The most well-known iBuyers are Opendoor and Offerpad, which pay higher cash offers but charge a fee of around 5% of the home’s price.
We Buy Houses companies in Bordentown typically follow a similar streamlined process:
- You submit information about your Bordentown property online or over the phone.
- They assess the home’s value using local market data and an on-site visit.
- You receive a no-obligation cash offer, often within 24 to 48 hours.
- If you accept, they can close in as little as 7 to 14 days.
Some Bordentown cash buyers fix and flip homes, while others rent them out or hold them as investments. Their goal is typically to purchase below market value to allow room for profit.
Most We Buy Houses investors in Bordentown follow the 70% rule of house flipping, which suggests that the purchase price should not exceed 70% of a home’s after-repair value (ARV) minus the cost of the repairs. Our calculator above applies a formula to show a range of the 70% rule and an 80% guideline used by many rental property investors.
However, these are general rules, and some Bordentown cash-for-homes companies may offer more or less depending on the property’s condition and location.
»Learn more: 5 Top We Buy Houses for Cash Companies in New Jersey
Pros and cons of selling to a Bordentown cash buyer company
Pros | Cons |
Speed: Close and get paid in a matter of days, rather than months | Lower sale price: Cash offers are typically less than market value |
No repairs required: Sell your Bordentown home in its current condition | No negotiation: Offers are usually take-it-or-leave-it, with little room to negotiate |
Convenience: Skip showings, open houses, or lengthy negotiations | Less competition: You’re not exposing the home to a pool of potential buyers |
No fees or commissions: Most companies cover the seller’s closing costs | Not suitable for all situations: An agent-assisted sale has several advantages |
Certainty: Less risk of a deal falling through due to financing contingencies | Unscrupulous buyers and scams: Not every cash buyer is reputable or trustworthy |
While many legitimate investors operate in Bordentown, it’s important to stay alert for signs of a bad deal, such as a company that pressures you or lacks an established track record or online presence. Search for companies with verified reviews, local market knowledge, and transparent communication.
»Learn more: We Buy Houses Pros and Cons: Make an Informed Decision
A better way to find trusted cash buyers in Bordentown
HomeLight’s Simple Sale platform can connect you with the largest network of pre-vetted cash buyers in Bordentown and throughout the country, helping you review offers without having to navigate the investor world on your own.
Here is the 4-step Simple Sale process:
You’ll enter a few details about your Bordentown home and receive a no-obligation offer within 24 hours. If you decide to move forward, you can close in as few as 7 days or select your closing date. In addition, you’ll also receive an expert estimate of what your home might sell for using a top Bordentown real estate agent, so you can compare your options.
Option 2: Attract a cash buyer with a top Bordentown agent
Not all cash offers come from investors or companies. In Bordentown’s competitive housing market, many individual buyers come prepared with cash, whether they’re downsizing, relocating after selling a home in the New York metro area, or looking for a second home to escape the big city rat race. A top Bordentown real estate agent can help position your home to attract these buyers.
»Learn more: Why Hire a Real Estate Agent When You’re Selling or Buying
Pros and cons of selling with a top Bordentown agent
Pros | Cons |
A higher sale price: Agents can increase your property’s exposure to attract multiple offers | Longer timeline: A traditional listing can sometimes take weeks or months to close |
Professional guidance: Pricing, marketing, and negotiations are handled for you, providing peace of mind | Prep work required: You will likely need to clean, stage, or make repairs to the property before listing |
Broad market access: You can reach more cash buyers through the MLS and Bordentown agent networks | Showings and disruptions: Selling with an agent typically involves multiple buyer walkthroughs |
Reduced stress: Agents handle complex tasks, freeing your time and removing potential obstacles | Commission fees: You’ll need to factor in agent fees (a percentage of the sale price) when budgeting |
Legal protection: Agents provide guidance on New Jersey’s disclosures and federal fair housing laws | Uncertainty of sale: There is no guarantee of a quick sale, and offers have a higher risk of falling through |
»Learn more: Should I Sell to a Home Investor or List With an Agent?
The easy way to find top-rated Bordentown agents
If you’re considering listing with an agent, HomeLight’s free Agent Match platform can connect you with Bordentown’s top-performing agents based on actual sales data. We analyze over 27 million transactions and thousands of reviews to determine which agent is best for you, based on your unique needs.
Whether you’re attempting to attract a cash offer or explore all your options, the right Bordentown agent can help you maximize your sale. For a no-obligation consultation with a trusted real estate agent, tell us a little about your selling goals and timeline.
Which cash sale option is right for you?
If speed, convenience, and a hassle-free experience are your top priorities, selling to a vetted Bordentown cash buyer through HomeLight’s Simple Sale platform could be the right move.
If you’re willing to take more time to potentially earn a higher price — and don’t mind putting in work to prepare your home for listing — partnering with a top Bordentown agent may be the better choice.
When you request an offer from Simple Sale, you’ll also get an expert estimate of what your Bordentown home could sell for with a top agent, so you can confidently compare both options.
Still unsure about selling a house for cash in Bordentown? Use our Home Cash Offer Comparison Calculator above to get an idea of what your home might sell for, depending on how you choose to sell it. Then, request a no-obligation offer or consult with a trusted Bordentown expert.
While there’s no one-size-fits-all answer, the right tools and expert support can help you make a confident, informed decision.
Header Image Source: (resulmuslu / DepositPhotos)