Cash home buying businesses are becoming more popular and widespread because they fill a niche in the housing market that’s long been needed. These companies pay cash for houses, and they can do it quickly because they eliminate most of the fuss and red tape associated with traditional sales. Selling your home to a fast cash home buyer can benefit you, the home seller, in multiple ways.
When you deal with a home buying company, you don’t have to take the time to repair your house, clean it up, or stage it for showings. Unlike traditional home sales, where you sit and wait weeks to get a good offer, a cash home buying company will make an offer within 24 hours of contacting them.
Since there are no third parties involved—no sales agents, brokers, inspectors, appraisals, or mortgage lenders—there’s no waiting for other people to finish their business. The cash sale is a direct sale between you and the buyer.
You can also save money with a cash sale in a few ways. You can skip the repairs on your home, even the most expensive ones like a new roof or furnace. This can save you thousands of dollars.
You’ll also save because cash home buying companies don’t charge commission. In a traditional home sale, about 5 to 6% (or more) of your sales price is deducted from the amount of money you receive. That doesn’t happen in a cash sale.
Moving out of your house can also save you money. Since you can often close on your home within a week or so after accepting the offer, you won’t be saddled with continuing home costs like mortgage payments, insurance, and utilities.
And, you can get on with your life quickly. Whatever your reason for selling, you can put the past behind you and move forward to the next phase of your life.
Selling to a cash home buyer is a simple, straightforward process that carries many benefits, especially for people who want to sell quickly and may be cash-strapped at the moment. Since the offer is always no-obligation, it’s worth your time to learn about the process and see what your offer will be.
Need to move quickly in the Spokane area? See how the Easy Home Buyer has helped some of your neighbors with a cash sale.