Moving to a new house can be challenging, especially when you have to sell your old one. Hiring a realtor, dealing with potential buyers, opening up your home to strangers – all these can really take a mental and even physical toll. If you’d rather not go through any of that, you can sell to a cash buyer.
The process of selling your house for cash is pretty straightforward, which is the reason a lot of people resort to it nowadays. This becomes particularly appealing to those who are looking to sell their homes ASAP, but there are many other benefits, including the following:
Keeping the Full Sale Amount
Selling your home to a cash buyer means no closing and realtor fees. which are automatic when you sell traditionally. That means you can pocket the whole amount that your house sells for.
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. When you sell for cash, you’ll probably have your money within a few days after agreeing with the buyer on a price.
No Falling Through
If you’ve experienced selling a house, you know how frustrating it can be to have a buyer who falls through 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. Provided you have a reputable cash buyer and you have been totally honest about your house, there is no such thing as backing out.
No Need for Repairs
Selling to a cash home buyer requires no repairs or renovation because all of that will be up to the buyer. Cash home sales are always done “as is,” which means the buyer will take your home in any condition it may be in. 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.