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Types of Properties Eligible to Sell to a Home Buying Company

July 20th, 2022

Selling a property? You have probably heard that the easiest way to sell your home is to sell it to a home buying company. It takes the hassle out of selling with no realtors, no listings, no repairs, no cleaning, no showings, and no fees. However, you might be wondering if your home is eligible. Here are three of the most common types of properties that any reputable home buying company would love to take off your hands.

Single Family Homes

Of course, the most common type of property that home buying companies purchase is the single family home. If you own the home, home buying companies will buy it. Best of all, it doesn’t have to be in perfect condition. We will buy your single family home as-is. That means that you don’t have to spend a ton of time and money fixing the house up. On the other hand, if you choose to sell your home the conventional way, you will need to spruce it up if you want prospective buyers to even consider it. 

Townhomes

Many people mistakenly believe that home buying companies are only interested in single family homes. However, they are happy to purchase your townhome, as well. The only requirement is that you, of course, own the townhouse in question. If you own multiple units and want to sell all of them, they will do that too. Similarly, home buying companies have an interest in purchasing your condo, as well. 

Duplexes

Home buying companies are also interested in purchasing your duplex. If you own the entire duplex, they will buy both units. If you only own one unit, they will purchase that one unit. As with all property types, home buying companies are happy to buy your duplex as-is. You won’t have to do any remodels or upgrades on your property. 

If you own the property, it is most likely eligible to sell to a home buying company. That includes rental properties, small apartment complexes, vacation homes, and more. The best news is that home buying companies will make a fair cash offer on your property as-is, eliminating the hassle, waiting, and expense associated with a traditional sale. 

Are you thinking of selling your property but aren’t sure if you are eligible? Click here to find out! Joe Homebuyer Utah Region is here to serve you with your real estate needs in the Salt Lake City area!