We Buy Houses Fast for Cash in the Inland Empire
The market in Riverside and San Bernardino also known as the Inland Empire is slightly warmer than the market in surrounding counties, mostly because the style of living is at a slightly more leisurely pace. Home values have grown and will continue to grow, which is a surefire sign of market stability.
Though somewhere near 15% of homes will eventually sell at a price cut, with a small percentage of homes selling below their previous sale price, homes are still moving. If your property is desirable, you can expect it to sell anywhere between 3 to 5 months after listing.
In a market that’s slightly above average health, things are running in a predictable way. If you’ve already listed and have not yet found a buyer, or your home has seen a series of price cuts without receiving any meaningful offers, this is a bad sign. Great properties will sell in a timely manner in San Bernardino County, and a lack of interest could signify that your home simply isn’t what buyers are looking for.
This could mean that your home needs too much work in the form of repairs or renovations, or that it’s located in an area that buyers perceive to be unsafe. You have a few options regarding which routes you can take, or changes you can make to help your home sell.
We Buy Houses in Inland Empire
Call for a FAST Cash Offer! (949) 485-9427
RIVERSIDE REAL ESTATE MARKET
San Bernardino was hit particularly hard in the real estate collapse, but the amount of recovery the county has seen is astounding. Property values are steadily growing, and are projected to continue on this path of growth. Though Riverside’s market health is relatively spectacular, this doesn’t mean that everything is perfect for all homeowners.
About 17% of homes sell at a price cut, and 8% of homes sell for less than their previous sale price. This means everything is selling, it just isn’t selling in the way most homeowners may expect. Buyers are focusing their priorities on higher value homes, especially while these homes are going for values that are very affordable when compared to similar homes in neighboring counties. This is the largest real estate draw, and it makes up the backbone of the current market’s health. These transactions are the largest contribution to the market, and lower value homes fall secondary to these sales.
If you live in one of these higher value neighborhoods, your property won’t sit on the market for too long. Most of these properties sell within 90 days, which is a very reasonable timeframe for parts of the country with active real estate markets. Having to relist or watching the seasons change on your listing are both bad signs in Riverside. Desirable properties are moving, and if yours isn’t, your home may not be what buyers are looking for. This can be attributed to a number of factors, and some of them are within your control as a homeowner. Other factors, such as a home in a bad location, may be more difficult to work around.
What if My House isn’t Selling?
It’s a little scary when your home isn’t selling in a market that’s generally regarded as competitive, although very healthy. There’s sure to be a reason why people simply aren’t making offers, and you may not need to hire a detective to uncover these reasons.
For example, if you know your home is in bad shape, it goes without saying that you cannot command the market value of a similar property in good shape. Why would a buyer make an offer on your home, knowing that it needs a new roof and that the plumbing is problematic, when they can make the same offer on a home that’s move-in ready?
Is Your Home in a Bad Neighborhood?
You may not be able to control the way the neighborhood affects the desirability of your home. Houses in Hemet, Desert Hot Springs, Palm Desert, San Jacinto, and La Quinta are all known for high crime rates.
A lot of buyers with children actively will avoid these areas, preferring safer neighborhoods in more affluent parts of Riverside County. Since you can’t change your whole neighborhood or force a sale the surest bet for anyone looking to get out of their current area is to consider selling the home “as-is” to a home investor.
Does Your Home Need Repairs?
If there are some repairs that need to be made, getting the work done can mean the difference between actually selling your home and idly standing by. Structural repairs are of the utmost importance.
If you can afford to make them and you have the time to wait for these repairs to be completed, they might be worthwhile. In the event that your home requires a laundry list of serious repairs, you can expect to foot a staggering bill.
This isn’t an option for everyone, and sometimes, the repairs won’t yield a return on investment. In these cases, it may be wise to turn to a home investor as an alternative method of sale – especially if selling your property fast is a priority.
WHY SELL YOUR HOUSE TO AN INVESTOR?
Investors don’t particularly care about the condition of your property, how out of date it may be, or the area in which it’s located.
Bad neighborhoods, water or fire damage, leaking roofs and kitchens that have been left untouched since 1970 won’t dissuade an investor from purchasing a home. They work with contractor and renovation specialists who are capable of implementing complete transformations.
Call for a FAST Cash Offer! (949) 485-9427
The main goal of an investor is to buy a home that needs work and transform it into the kind of property that’s considered highly desirable in its area. An investor prepares an offer that reflects the amount that they expect they’ll spend on the necessary repairs and renovations that buyers are looking for.
This means the responsibility of making the home attractive no longer falls on you, and you don’t have to spend money you may not have making your property market-ready.
Investor Home Buyers are willing to take on the burden of these repairs and renovations. We’re a team of experts who buy homes in cash. All you need to do is contact us with information about the property you’re looking to sell, and we’ll be able to make you an offer. Dealing with a property that’s hard to sell can be a nightmare, and we know that. Let us help you find the light at the end of the tunnel.
Historical Facts about the Inland Empire
The Inland Empire (I.E.) is a metropolitan area and region in Southern California. The term may be used to refer to the cities of western Riverside County and southwestern San Bernardino County. A broader definition will include eastern Los Angeles County cities in the Pomona Valley, and sometimes the desert communities of Palm Springs and the rest of the Coachella Valley; a much larger definition will include all of San Bernardino and Riverside counties.
The U.S. Census Bureau-defined Riverside-San Bernardino-Ontario metropolitan area, which comprises Riverside County and San Bernardino County, California, covers more than 27,000 square miles (70,000 km2) and has a population of approximately 4 million. Most of the area’s population is located in southwestern San Bernardino County and northwestern Riverside County. At the end of the nineteenth century, the Inland Empire was a major center of agriculture, including citrus, dairy, and wine-making. However, agriculture declined through the twentieth century, and since the 1970s a rapidly growing population, fed by families migrating in search of affordable housing, has led to more residential, industrial, and commercial development.
What is now known as the Inland Empire was inhabited for thousands of years, prior to the late eighteenth century, by the Tongva, Serrano, and Cahuilla Native Americans. With Spanish colonization and the subsequent Mexican era the area was sparsely populated at the land grant Ranchos, considering it unsuitable for missions. The first American settlers, a group of Mormon pioneers, arrived over the Cajon Pass in 1851. Although the Mormons left a scant six years later, recalled to Salt Lake City by Brigham Young during the church’s Utah War with the US government, other settlers soon followed.
The entire landmass of Southern California was subdivided according to the San Bernardino Meridian, which was first plotted as part of the Public Land Survey System in November 1852, by Col. Henry Washington. Base Line road, a major thoroughfare, today runs from Highland to San Dimas, intermittently along the absolute baseline coordinates plotted by Col. Washington. San Bernardino County was first formed out of parts of Los Angeles County on April 26, 1853. While the partition once included what is today most of Riverside County, the region is not as monolithic as it may sound. Rivalries between Colton, Redlands, Riverside and San Bernardino over the location of the county seat in the 1890s caused each of them to form their own civic communities, each with their own newspapers. On August 14, 1893, the state Senate allowed Riverside County to form out of land previously in San Bernardino and San Diego counties, after rejecting a bill for Pomona to split from L.A. County and become the seat of what would have been called San Antonio County.
We Buy Houses in the Inland Empire
We buy properties regardless of their location in Riverside County. We buy all types of houses and property in the following areas:
Banning, Beaumont, Blythe, Calimesa, Canyon Lake, Cathedral City, Coachella, Corona, Desert Hot Springs, Eastvale, Hemet, Indian Wells, Indio, Jurupa Valley, Lake Elsinore, La Quinta, Menifee, Moreno Valley, Murrieta, Norco, Palm Desert, Palm Springs, Perris, Rancho Mirage, San Jacinto, Temecula, Wildomar
We are not particular when it comes to buying houses in San Bernardino County. If you’re in or around the following communities we will gladly buy your home from you:
Adelanto, Apple Valley, Barstow, Big Bear Lake, Chino, Chino Hills, Colton, Fontana, Grand Terrace, Hesperia, Highland, Loma Linda, Montclair, Needles, Ontario, Rancho Cucamonga, Redlands, Rialto, Twentynine Palms, Upland, Victorville, Yucaipa, Yucca Valley