For the past decades, the real estate market had significantly changed. Real estate agents were the real heroes of the market long until investors and cash buyers exist.
There might be chances that you have come along several sites with “We Buy Home for Cash” advertisements or even got offers from them after you posted your property for sale.
However, before you dive in the cash home buying bandwagon, it is best to know the benefits and advantages of dealing with a cash home buyer. If you don’t know yet, here are 4 ideal reasons to sell your house for cash.
Benefits of Selling a House to a Cash Buyer
1. They Offer Cash
If you want to sell your home fast in Washington DC because of job closure, divorce, or even foreclosure, seek the help of a cash home buyer. Cash home buyers have the money at hand to purchase your home. They don’t wait for a lender approval as they have enough funds to buy the property fast. And this means lesser paperwork and faster completion of the transaction.
With growing appraisal complaints and tightening of financial restrictions, dealing with an investor, who is willing to pay cash, is more appealing for home sellers.
2. They offer Various Payment Options
Aside from paying in cash, cash home buyers can offer you several payment options to suit your needs. These payment methods include cash pre-scheduled payments, certified funds, or they would even claim and pay your existing property mortgage.
Having these options available, opt the option that can support your financial requirements.
3. They Buy “As Is” Property
Home buyers also buy properties of different types and conditions as it is. Whether it’s a condo, duplex, townhouse, multi-family property, or an ugly house that needs full renovation, a serious home cash buyer will make a fair offer.
However, be cautious with an investor who wants to buy your house even sight unseen. This is usually the strategy of home buyer scammers. Stay vigilant and make sure that you only deal with legit home buyers.
4. They Don’t Ask for Commissions
If you are to transact with a home cash buyer, you will definitely get your money in full. These investors close the deal themselves. And the transaction only happens between both of you, without third party associations.
This means that you have no commission obligation unlike when dealing with a real estate agent.
5. They Close the Deal within 7 days
Compared to dealing with a real estate agent, who can sell your house for 3 months or so, a cash home buyer can buy your house fast in your surprise. Typically, they can close a deal within 7 days after they review your information and check your property.
But how is that possible? Cash buyers don’t need an appraisal contingency and they don’t rely on approved financing. There’s no intensive inspection as they buy a home as is. Avoiding these processes minimize the hassle that expedites the sale of your house.
If you are going to sell your home, a cash home buyer is an ideal option. They are now accessible online so you can easily transact with them.
At Home Buyers, we give a fair and decent quotation for your property. After we receive your online form, we will instantly review and check your asset, and contact you as soon as possible.