Moving to a new house can be challenging, especially when you have to sell your old one. Working with an agent, talking to potential buyers and welcoming strangers into your home can be such a load to bear, physically and especially mentally. If you want none of that, there are cash buyers at your disposal.
Selling your house for cash is going to be a very simple process, reason why many are into it these days. If you’re in a hurry to sell your home, this option can be particularly attractive, but there are other benefits you can expect, such as:
Keeping the Full Sale Amount
If you sell your home to a cash buyer, you will not any closing fees or realtor commissions, which are normal in a traditional sale. In other words, all of the proceeds of this sale will go straight to your bank account, alone.
The entire process of selling your house for cash is a lot faster than doing it the old-fashioned way. There’s no need to wait around for someone to come along and show interest. No anxieties over whether or not you potential buyer will get his loan from a bank or mortgage provider. In most cases, as soon as you and the buyer have set a price, you only have to wait a few days for your money.
No Last-Minute Withdrawal
If you’ve ever sold a house before, you know how it can go with a buyer who backs out at the last minute. The reason could be anything – they didn’t get the loan, they suddenly found a flaw, or they just changed their mind. With the right cash home buyer and your complete honesty about your property, none of those issues exist.
Zero Repairs or Renovation
Selling your house to a cash buyer means there’s no need to do any repairs or renovation – they will take care of that. When selling a home for cash, the “as is” rule applies: no matter your home’s current condition, the buyer will take it. If you can’t afford an upgrade or you’re simply in a rush to sell your home, go for a cash sale.
But as with any business, cash home-buying is not totally scam-free. If a “buyer” demands upfront payment of any kind, only talks to you through email, or shows no interest in looking at your home before buying it, be warned. Researching the background of a potential buyer is always the first thing to do before moving forward with a deal.