Approximately 75 percent of people say that selling a house is stressful, and over one-third say it’s so stressful that it made them cry.
If this information resonates with you, you may want to consider an approach that helps you to sell your house faster: accepting a cash offer.
Read on to learn more about the benefits of accepting a cash offer for houses. You’ll also find some tips on how to get the best cash offer for your home.
What Is a Cash Sale?
As it relates to selling a home, a cash sale involves circumventing the traditional mortgage and closing process.
Instead of putting your house on the market and waiting for a buyer’s loan to be approved, you can work with a cash buyer who will give you a lump sum in exchange for your property. This takes far less time than a traditional home sale since everything is being handled with cash and no loans are involved.
Benefits of Selling Houses for Cash
There are lots of reasons to consider selling your house for cash instead of selling it in the traditional way. The following are some of the most noteworthy benefits to keep in mind:
1. Faster Sale
Selling houses for cash is an excellent option for those who care about selling houses quickly. If you want to limit the amount of time your house is on the market, a cash sale allows you to get money in your bank account and move on with your life as soon as possible. Some deals are completed in as little as 7 days.
2. Sell As-Is
When you work with cash buyers, you sell your house as-is. This means you don’t have to spend time or money handling repairs and getting the house in good shape. Instead, you get a fair cash offer without having to do any heavy lifting.
3. No Appraisal
With cash sales, there’s no need for an appraisal or rigorous home inspection, either. The buyer will walk through your property to get a sense of its value so they can offer you a fair price, but you don’t have to worry about scheduling inspections or getting things up to code beforehand.
4. No Extra Fees
With a cash sale, there are no hidden fees or surprise costs. In fact, you, as a seller, don’t have to put any money down at all. You just have to think about getting paid.
5. No Showings
One of the hardest parts of selling a home is dealing with people coming in and out for showings and open houses. If you don’t want to have to pack up your kids and pets at the drop of a hat every time someone is interested in checking out your home, a cash sale is a great way to go.
Cash buyers will purchase properties in any condition, and they don’t care about decor or a spotless kitchen. This means there’s no need to stress over making your house look nice to get them interested.
6. No Negotiations
Cash buyers give you a firm offer for your house as soon as they see it. If you don’t want to waste time and energy going back and forth over a bunch of tiny details from a buyer who wants you to knock $5,000 off the asking price, consider a cash sale instead.
7. Less Risk
Often, when traditional home sales don’t work out, it’s because something went wrong with the buyers’ financing. Because cash buyers work with, well, cash, there’s very little risk of the sale falling through.
Cash buyers have more freedom than a lot of other homebuyers. This allows you more freedom when it comes to selling your house and moving on to your next location as quickly as possible.
8. Less Stress
Finally, we can’t forget about the peace of mind that cash sales can offer.
If you’re looking to make your move as stress-free as possible, working with a cash buyer helps to streamline the process and minimize the amount of labor you need to put into it. This frees you up to focus on other things, like deciding where you want to live next.
How to Get the Best Cash Offer for Houses
Now that you can easily answer questions like “what is a cash sale?”, you may be feeling more confident about accepting a cash offer. You might also be wondering, though, how you can maximize the amount of money you get in exchange for your home.
Here are some tips to help you find the best cash buyer and get a great offer on your house:
Ask for Referrals
If you have friends or family members who have sold their houses for cash, ask them which agency or individual buyer they worked with. This is an easy way to build your shortlist of candidates.
Once you have a list of potential buyers, do some research online to check out their credentials. This helps you ensure they’re legit and verify that their agency is properly accredited.
Read reviews online, too. This gives you more insight into other people’s experiences working with this particular buyer and helps you get a better sense of whether or not they’re a good fit for you and your needs.
Schedule a Consult
Finally, schedule a consult to talk to the buyer on-person, over the phone, or via video chat. This gives you a chance to have all your questions answered and learn more about their approach to home-buying.
Find a Cash House Buyer Today
If you’re feeling fed up with the house selling process and have been considering working with a company that will provide a cash offer for houses like yours, now is a great time to take the plunge. You’ll get a fair house price and be able to move on to the next stage of your life in no time at all.
For more information on selling a house in the most painless way possible, check out the Lifestyle section of our site today. You’ll find lots of great resources there on everything from renovation to drafting real estate listings.