It can be an emotional, time-consuming, and frustrating process to sell your house and buy another. It could take a long time because you’ll need to contact a real estate agency to sell your home, follow the requirements of the realtor’s contract, and wait months for the money once you put your house on the market.
Do you have the patience to wait for months? If you aren’t, there is a quick and painless way to sell your home: selling it to cash house buyer.
The advantages of selling a house to cash buyers
Selling a house to cash buyers can be a quick process. Aside from that, there are a few other benefits to be gained from this technique.
The money is all yours
The benefit of a cash buyer is that you won’t have to pay your real estate agent a substantial percentage of the sale price.
With the average commission rate for realtors being about 6%, you might be saving thousands of dollars. Even if your home sells for less than it would to another buyer, you may still be better off when commission fees are taken into account.
Sales happen quickly
Selling a home isn’t an easy task. You’ll need to invite people to look around your home, then wait for them to make firm offers. Even then, you’ll have to wait for your potential buyer’s loan to be approved before the sale can close.
You can sell your house faster than you thought with a cash house buyer. Depending on your situation, you may be able to skip all of the viewings, waiting for offers, and loan approval.
Instead, you receive a cash offer, which you accept, and the process may begin immediately.
Sales are less likely to fall through
With a cash buyer, there’s no chain, so there’s a far lower possibility of your sale falling through.
You don’t have to be concerned about the bank decided not to provide your buyer the loan after all. You don’t have to be concerned about your buyer losing interest throughout the weeks between placing an offer and closing. Your sale might be finalized in as little as a week, allowing for significantly less room for errors.
There’s no need to fix anything
The majority of cash buyers want to buy your house as-is. They don’t care if you replaced your kitchen with a fresh new one.
That means you won’t have to spend money on expensive repairs or house renovations that the subsequent owner will almost certainly pull out. It significantly reduces the amount of stress involved in the procedure.
Planning to sell your house!
As you can see, there are a lot of advantages to selling a house to a cash buyer. The most important thing is to do your research and ensure that you are receiving a fair price for your home. Only work with purchasers you can trust if you want to be sure your buyer isn’t trying to con you out of your home.