Selling your home can be a long and stressful process. However, that doesn’t always have to be the case. A cash sale can make the process much easier and you can have your home taken off your hands with less stress.
Sell in 30 Days or Less
The main draw of a cash sale is how fast they are. Most cash buyers claim you can sell your home in 30 days or less and this is absolutely true. In a cash sale, the buyer has all the money for the sale upfront and they don’t need to apply for a mortgage. This alone speeds up the process since you don’t need to wait for your buyer to get approved for a loan. Without a mortgage, you can also skip over certain steps such as having an appraisal or inspection done. If you choose to work with a home buying company, you can get an offer on your home in only 24 hours and then immediately begin the property transfer process.
No Need for Renovations
Many cash buyers will purchase homes in their current condition. These buyers may be house flippers looking to fix a home up themselves and then sell it for a profit or home buying companies helping people out of tough situations. For example, many home buying companies will purchase homes facing foreclosure. Selling your home as-is means you don’t need to go through an extensive renovation process. Renovations are costly and often take longer than you expect. Without them, you can put your home on the market right away.
Fewer Closing Costs
In any home sale, there are going to be some expenses on your end. In a traditional home sale, the seller pays the commissions of both real estate agents involved. These commissions typically come out to about 6% of the sale price. This is a steep commission. However, in a cash sale, there are no realtors involved since you and the buyer manage everything yourselves. This already decreases what you pay during closing. Additionally, many buyers may offer to pay part of your closing costs as well.
Selling to a cash buyer simply creates an easier home selling process. You don’t need to put it on the market for months or host home showings. You can get an offer, transfer the property, and move on to your next home.
We Buy Houses can provide you with a fast cash offer. Click here to learn more and get an offer today.