How Much Cash For Houses In Somerville 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 Somerville – 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 Somerville (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 houses in Somerville…

On The Market: When a house sold “on the market”, that means it’s usually listed by a real estate agent and sold after several potential buyers have seen the property and at least one has made an offer. Houses sold on the market will often be sold for approximately the same amount that other similar houses in the area have sold for. This is called “market price”.

Off The Market: When a house is sold “off the market”, that usually means the homeowner has decided to sell their home directly to a buyer instead of list their home. Houses sold off the market will often be sold for slightly less than their market price, this is called “below market price.”

At Acre Realty Partners, we are professional home buyers who buy houses off the market. To learn more about what we do, click here to fill out the form or call us now at 978-400-3211

You might be reading this and asking, “why would anyone accept below market price, and less cash for houses in Somerville than others?”

That’s a good question but there’s more to the story:

How much can you get for your home? Selling on the market may mean you sell your house for more money but it takes longer and costs more; selling off the market may mean you sell your house for below market price but it’s faster and there are no expenses or fees.

So, how much will sellers get in cash for houses in Somerville? 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.