Wherever you may be located, selling a home to a cash buyer is primarily the same. It often begins with a phone enquiry about the home and its background. This is followed by a bit more research around the place to figure out a suitable offer price.
The buyer will call you again to tell how much they can pay for your home, and if you’re fine with it, they will set a schedule for inspecting your 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?
Selling your home to a cash buyer means bypassing all closing and realtor fees that come with a typical sale. Hence, all the proceeds from the sale will go to your bank account!
Another benefit of selling to a cash home buyer is the transaction proceeding much faster than a traditional sale. There’s no waiting around for people to take an interest and no stalling by banks or lenders in approving loans for potential buyers. As soon as you and the cash buyer have set a price, and as long as there are no legal issues involved in the sale, you can get your payment within a week’s time.
A “buyer” backing out at the last minute is the last news you’ll want to hear as a home seller. Sometimes, it’s because they didn’t qualify for a loan, or other times, they just decided against buying your house for some personal reason. With a reputable cash home buyer, these scenarios are totally out of the picture.
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 fazed by damages or even a looming foreclosure, or any other factor that could make a conventional house sale almost impossible. If fixing up your home is beyond your financial means or is simply not in the plan, selling it for cash is certainly the way to go.
It should be obvious by now that the process of selling a home to a cash buyer is a lot more straightforward and efficient compared to the traditional route. This is why this option appeals to a lot of people, especially those who are in a hurry in selling their property.