Wherever you may be located, selling a home to a cash buyer is primarily the same. It usually starts with a phone call from the buyer asking for basic information about the home. This is followed by a bit more research around the place to figure out a suitable offer price.
You will get another call from the buyer, this time telling you how much they are willing to pay for your home; if you agree on an amount, they will come over and take a look at the property. Once the visit is done, you can schedule the closing at an attorney’s office for the protection of both sides’ interests.
So why sell to a cash home buyer?
When you sell your house to a cash buyer, you skip all those closing and realtor fees that accompany a traditional sale. In other words, you keep the sale’s proceeds all to yourself!
Another benefit of selling to a cash home buyer is the transaction proceeding much faster than a traditional sale. You need not wait for someone to take an interest in your property, and there will be no banks or lenders rejecting loan applications of potential buyers. Once you and a cash buyer agree on a price and there are no legal impediments to the sale, you can receive the payment in a matter of days.
Dealing with a “buyer” who cancels at the last minute can be nerve-wracking. Sometimes, they didn’t get a loan or they just decided they don’t want to buy your house anymore. If you’re dealing with a well-reputed cash buyer, these possibilities will not have a chance.
One highly appreciated benefit of selling to a cash buyer is that you don’t have to do any repairs or serious cleaning to prepare your property for the sale. These buyers will buy your home exactly as it is, and they mean it. They are not discouraged by damages or even foreclosure that usually makes selling a house very hard. If you’re not planning or able to spend time and money to fix up your home prior to a sale, selling it for cash is definitely your best option.
It should be clear by now that cash house sales a much simpler yet more efficient way of disposing a property, as opposed to the traditional method. This explains why this option is particularly inviting to so many people, especially if they’re trying to save time.