If your home is on the market, you want it to sell fast! And that’s totally possible when you work with a great cash buyer. There are dozens of perks to working with a cash buyer, and they’re all waiting for you as soon as you call. From selling as-is to finishing your contract early, it’s easy to see why so many people are selling with cash buyers today.
Cash Buyers Buy Your Home As It Is
The first- and best- reason to work with a cash buyer is because they buy your home in as-is condition. No need to renovate or repair before you approach a cash buyer, because they’ll buy your home no matter what it looks like. Cash buyers are the kings of the ‘We Buy Any House’ scheme, and there’s a good reason for that! No matter what your home looks like, why you’re selling it, or what repairs it needs to be safe for habitation, cash buyers are willing to take it off your hands. By buying in as-is condition, they’re actually saving you from having to pay for and oversee all of those costly repairs. Isn’t that a great deal?
You’re Guaranteed To Close
The next best reason you should work with a cash buyer is because you’re always guaranteed to close on your deal! Cash buyers got their name from always having the money to pay for your sale, and that means that they don’t have to work with a bank or other lending institution to buy your home! They’ve already got your money in-hand, and all you have to do is sign the contract. You’re guaranteed to sell your house, and the money is practically yours- it’s not tied up in any mortgage whatsoever.
Finish Your Sale Faster
Due to the fact that cash buyers don’t have to deal with lending companies, there’s another perk- your sale finishes in half of the time it would’ve otherwise! You don’t have to wait for your buyer to get their mortgage approved, because there is no mortgage. This can help you move on from your problem house to your new life even faster than working with a realtor or a traditional buyer. Cash buyers are truly the fastest way you can sell your home on the market.
Flexible Selling Arrangements
Another reason why cash buyers are definitely the way to go when selling your house is that they always conform to your needs as a seller. You might need to sell your house really fast, and that happens to be cash buyers’ specialty! If you need special accommodations because of the nature of your residence, double tenancy, or even divorce proceedings, cash buyers are fully equipped and ready to help you work through it. If you just don’t want to own real estate anymore, but still want to keep your house, there’s another great thing that cash buyers can do. It’s a sale-leaseback transaction, and that means that a cash buyer will purchase your house and then immediately begin renting it back to you, costing you less money in the long run.
Why You Might Not Want To Work With A Cash Buyer
Let’s be fair, though. There are certainly reasons that you might not want to sell with a cash buyer, and that’s perfectly understandable! Every seller is entitled to sell their home how they see fit, and let’s face it- there are definitely flaws in working with a cash buyer. For instance, your home will sell for slightly less than market price. This can be bad if you’re in escrow and need the money to buy your new home, but it can be worth it for people who just need to sell their house fast. Furthermore, you don’t always know who’s buying your house, or why. They might be planning to tear it down to build a new luxury flat development, and that’s an idea you have to be okay with when selling with a cash buyer.
Why You Should Definitely Work With A Cash Buyer To Sell a House Fast
Despite the drawbacks, though, working with a cash buyer is a great way to sell a house fast. When you sell with a cash buyer, you don’t have to repair or renovate, and you get your money quickly and with less hassle than you would with traditional buyers. You can cater your selling experience to your needs, and that’s something that’s rare in the open market. Overall, it’s easy to see why you should always work with a cash buyer.
Provided by HomeLight Homes