The 5-Steps to Getting Your Home Sold with Mototext Homes

Surprises are for birthdays, not for real estate. Our goal is to give you a solid framework and detail our process of getting your home sold. We'll begin from the moment you upload your property to Mototext Homes all the way to when you receive your funds.

October 9, 2020
By Mototext Homes

Maybe your home is under pre-foreclosure with a mountain of debt attached or you just inherited a property from a relative that you don't have the necessary time, money, or want to keep. Whatever the reason, this may be the best time to sell your home.

We make the process as simple as possible to alleviate some of the stress you already have on you.

1.) Upload your property information

One of the benefits of selling with Mototext Homes is our ability to collect your home information, fully online. Once you request an offer on your property we ask for basic information to get started on a cash offer. There are no listing agents or showings that call for strangers to walk in and out of your house. With the arrival of COVID19, we updated our system to be able to get your home sold fully online.

Simply provide us with the initial information on the property and upload photos so we can see how it looks. It takes less than 10 minutes.

Read: How to Take the Best Images of Your Home When Selling

2.) Receive a property evaluation and cash offer

In combination with the info you provided and research done by our property evaluators, we present you with a fair cash offer. To reach your cash offer, we look at three factors regarding your home:

Property Condition, Repairs, and the Local Market

We'll handle any home repairs so you can get your home sold stress-free. Your home is compared to similar ones nearby based on sales, price trends, and public record data.

Necessary Upgrades and Standard Amenities

Most homes were built in the mid to late 1900s. They need renovations to bring them to 2020 standards. We'll upgrade outdated features like appliances, lights, HVAC, etc.

Debts & Liens Attached to the Property

Before you turn over title of your property, all debts associated with it must be paid. Mortgages, property taxes, unpaid repairs are all factored in. We don't guess, play around with numbers, or low-ball you. Your cash offer is based on public records, market analysis and the current condition of your home.

3.) Accept the cash offer on your home

With your offer letter, you will receive a purchase and sale agreement through DocuSign. This will outline the terms of the sale:

  • Property details
  • Pricing and financing
  • Fixtures included/excluded in the sale
  • Closing dates
  • Earnest money deposit
  • Termination conditions

The cash offer you see in your offer letter will be the same amount on the agreement. Once finalized, you will be one step closer to your payout!

4.) Complete a title search on the home

Our next step is to verify and confirm the information you sent when you uploaded your home. A title search consists of information relating to real estate, including the chain of title, recorded liens, ownership, and other details about the property.

We'll confirm amounts on all debts associated with the property to allow a free and clear purchase. This service is completely free to you. Rest assured our attorneys and title agents are the best in the nation.

Read: How a Title Search Can Make or Break Your Closing

5.) Proceed through the closing process

Person Holding Gray Twist Pen and White Printer Paper on Brown Wooden Table
Photo by Cytonn Photography from Pexels

Your home will either be purchased directly by Mototext Homes or through one of our trusted investors. Our network spans the United States. Buyers are always searching for investment properties to renovate and resale or use as a rental location. With a clear title, our investors will move to purchase. You will be paired with the right one to get the most for your home.

Read: What Happens in a Real Estate Closing?

Your home has value in it. If you are thinking about selling or are forced to, we'll make sure you can move on with money in your hand.

On closing day, all paperwork is finalized and ownership of the property is officially transferred to the buyer. You will need to visit our title company to sign documents and pick up your funds.

Don't forget to bring your photo ID (driver's license, passport, etc.) to closing, along with any keys or garage door openers. As the seller, your paperwork will be minimal and you should be finished within minutes. Now, how easy is that?

You can have your home sold and cash in your pocket in as little as 7 days. Upload your home today to receive a free home evaluation and cash offer.

Continue Reading