The Benefits of Selling to a Cash Buyer
If you have a property listed for sale, the likelihood of you noticing the large number of signs that read, “We Buy Homes Fast!” is high. Maybe you have even gotten an offer to buy your property from a real estate investor. Over the last decade or so, the real estate market has definitely made a massive change and it is a lot more common these days for a typical home seller to come face to face with real estate investors. However, if you are like the majority of home sellers out there, this might be your first time dealing with investors. This unknown might make you feel a little weary, however, here is a run down of some of the major benefits of selling to a cash buyer over a realtor.
Speed
One of the main advantages of selling a house to a cash buyer is the speed of a sale. There is no hassle needed to go and list it with a realtor, put it in an open market or wait for someone to make an offer just hoping that everything will go well. Need to avoid foreclosure or sell your house ASAP? Selling to a cash buyer over a realtor allows for a seamless and timely transition between selling and SOLD.
Convenience
Cash sales are usually ‘buy as-is’ so any major repairs that are needed in your home are NOT required. This means that you will be able to save a lot more time by not having to make sure that the house is worthy of an interior décor magazine before selling it. That means no repainting, decorating, repairs or any other costly things needs to be done. Hence, for those that are worried that they won’t be getting maximum value for their property, you should bear in mind that while you might not receive as much money out of the sale, you will certainly avoid a lot of costly repairs and other complications as they will be the buyer’s responsibility.
No Financing Needed
The majority of deals don’t come to anything due to the buyer’s financing. This is because of the fact that cash transactions are usually a lot neater to handle and may be closed in as few as 5 days, depending on the title, survey, etc. meanwhile financed deals usually take a longer 4 to 7 weeks, or perhaps even more.
Fewer Sales Fall Through
I’m sure that you are all too aware of the typical ‘cold feet’ buyer. However, the great thing about a cash sale is that it helps to remove the extremely familiar scenario of accepting an offer, just to lose their buyers at the very last moment because they can’t get that loan or because they purely chickened out.
Flexible Payment Options
Investors might offer a variety of payment options such as pre-scheduled cash payments, cash, certified funds, or they might even take over the existing mortgage completely. Due to the wide variety of options out there that are available, sellers have a greater choice picking out a solution that best fits their requirements.
We Handle the Paperwork
Selling to a cash investor is as simple as calling and receiving an ALL-CASH offer within 24-48 hours. Don’t like the offer? We are able to work with you to come up with a solution that will benefit you and your specific needs. Want more information? Feel free to reach out to us by phone or email and we would be more than happy to talk to you about all of the house selling options available and which will be the best for you.