There are many reasons why people decide to sell their house. Sometimes it is necessary to downsize, or buy a bigger house for an expanding family. Whatever the reason that you are looking at selling your house, have you considered selling to a cash buyer? It sounds great, but is it really worth it; and will someone actually pay you cash and give you what your home is worth?
Below are some compelling reasons to consider selling your house for cash. If you are interested in selling your home, and thought maybe I should sell my house fast for cash, check out some compelling reasons for selling to a cash buyer instead of going the more traditional route.
- Speedy Closing
Although you will need proof of the buyer’s funds, there is no underwriting company. This shortens the wait time dramatically. With a traditional mortgage there would be applications, inspections, and an underwriting process to get through. There is a large amount of paperwork and the chance of denial after all of this is done. With a cash sale you agree on the amount, close, accept payment, and transfer the title.
- No Repairs Needed
If your property is in less than fantastic condition you may want to consider selling your home for cash. There is no appraisal and typically the buyer, sometimes home flippers or investment companies, already have an offer in mind. With no home inspection as required for a traditional mortgage you can simply agree on a price without dealing with the upgrades that may need done on your home.
- No Realtor
Depending on the market you are in houses can take a very long time to sell in a traditional listing. Selling your house meant hiring a realtor and signing a contract that gives them a percentage of the sale. There would be multiple showings, or even open houses with total strangers walking through your house. With an all cash sale you will save time and hassle without being displaced for others to wander through your space.
- Fast Cash
If you are in a financial bind and need to sell quickly to avoid foreclosure or consolidate your debts a cash sale would give you the money you need fast. There are companies that will give you an offer immediately and can close by the end of the week in some instances. Just accept the offer and walk away with the check. Search online for “sell my house fast for cash”.
It’s An Overall Less Stressful Process
If you have thought lately, “I wish I could sell my house for cash”, there is good news because you can. Look online for “sell my house fast for cash”. No worries about contracts falling through, denials, or anyone backing out at the last minute. Once you have the cash in hand, the deal is done. There are even some companies that will buy the house “as is”, meaning that you are not even required to clean the house out of any furniture or belongings that you no longer want. You don’t even have to pack! If this appeals to you, consider selling your house for cash.