In December 2022, 54.7% more homes were on the market compared to the same time last year. With so many properties on the market, it can take nearly 40 days before you can sell your home. Instead of going the traditional route, consider accepting a cash offer.
On the fence about selling for cash? Read on to discover the benefits of cash offers before making a final choice.
After reading this guide, you could find an easy solution to competing in the current real estate market!
Quick Closing
Before selling your home, there’s a lot of work you’ll need to do, including:
- Finding a real estate agent
- Making updates around the house
- Listing the property
- Cleaning your home
- Improving the curb appeal/landscaping
- Scheduling tours
- Negotiating with potential buyers
- Paperwork
This entire process can take time out of your already busy schedule. You might have to repeat some steps more than once before you attract buyers. The stress of the entire selling process could keep you from enjoying your new home.
Instead of completing such a lengthy, tedious process, sell for cash!
With the sell-for-cash option, a buyer already has the funds to buy your home outright. You won’t have to discuss financing or loans. As a result, the entire sale is faster and easier.
You won’t have to worry about contingent offer fails or bank appraisals. Since the buyer will purchase your home as-is, you won’t have to make renovations, either.
A cash offer will take little time to finalize. There’s no mortgage lender involved, which can speed up the entire process. The underwriting process alone could take a month or two if you go the traditional route.
Instead, consider talking to a cash buyer. The process is easy:
- Fill out a simple form
- Let the cash buyer tour the property
- Receive a cash offer
- Accept the offer
You can receive a cash offer in as few as 24 hours. If you accept their offer, they’ll buy the house and close once you’re ready. It’s that simple!
If you’re interested in simplifying the process and closing fast, talk to these home buyers today.
Less Risk
Whether you decide to sell your home alone or hire a real estate agent, there are some risks involved. Chances are, you’ll need to field several offers before finding the right one.
Offers from buyers working through the financing process don’t always pan out. You might have to hold onto your property longer than intended. During that time, you could waste valuable money waiting for a buyer.
With a cash buyer, however, there’s an immediate guarantee. In some cases, it’s a lower offer. However, there’s little chance of complications since no outside parties are involved.
Without outside parties, you can complete the sale quickly with little stress or expense.
No Appraisal Needed
Most traditional home sales involved mortgage lenders. As a result, someone will need to complete an official appraisal of your property to determine its value. Based on the appraisal, a lender might decide it’s not worth financing the sale.
You could experience further delays due to the appraisal process.
Instead of going the traditional route, simplify the selling process by contacting a cash buyer. A cash sale removes appraisals from the entire process. Without an appraisal requirement and mortgage lender, you can speed up the sale!
Sell As-Is
Chances are, a homebuyer will schedule an inspection to determine if your home needs repairs. Unfortunately, they could change their asking price based on the inspection. You might experience further delays if you need to make those repairs.
In addition to time delays, you’ll have to spend money repairing your home, improving the landscaping, cleaning, and staging.
Cash buyers, on the other hand, don’t expect you to make these changes. They’ll buy your home as-is, regardless of what state it’s in. Since you don’t have to make changes or repairs, you can sell your home without wasting time on additional steps.
If you want to move quickly, without the stress of cleaning and staging, talk to a cash buyer.
Skip Negotiations
The traditional process of selling a home can feel tedious once negotiations begin. You’ll have to go back and forth with the seller through your real estate agent for a while. For example, they might want to discuss repairs, closing costs, and other factors that slow down the sale.
With a cash offer, you can skip the entire process of negotiations. Since you don’t have to make repairs, the closing costs are lower.
Instead of tedious negotiations and paper, you can accept the cash transfer and move on to your new home!
Enjoy Your New Home
Chances are, you’re eager to put your past home behind you to enjoy your new home. The traditional selling process can keep you from fully enjoying your new property. You’ll have to continue worrying about the sale, repairs, and negotiations; there’s no time to relax.
With cash buyers, there are no strings attached. They want to help you accomplish your goals. With their help, the entire home-selling process will feel more relaxed.
Quick, Easy Sales: Accept a Cash Off on Your Home
The process of marketing your listing, attracting buyers, and selling your home can feel daunting, especially with the current real estate market. Instead, consider these benefits of accepting a cash offer for your home. You can speed up the selling process and start enjoying your new home without stress about the old one.
Consider selling for cash today!
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