Many sellers don’t even consider selling their home for cash. It’s extremely common for buyers to pay off their home via mortgage, but sellers often forget about marketing their home as an investment property. With plenty of investors on the market, it’s surprisingly easy to sell your home for cash. Selling for cash comes with multiple benefits for sellers. Don’t overlook potential buyers who will speed up your sale! Skip the appraisal, close quickly, and avoid watching your sale fall apart at the table with this simple solution.
Easier to sell
When you sell your home to someone who needs a loan, you need an appraisal. The time and cost for an appraisal will set you back. If you’re selling too high or the home needs repairs, you’ll waste time fixing problems or settling on a new price.
A cash investor buys the home “as is,” accepting any defects or problems. Skip the appraisal entirely by selling to these investors. Pocket the money normally spent on the appraisal fee and save your time, too. Since you sell the property just the way it is, you won’t have to spend time or money on costly repairs and time-consuming projects.
Close the sale quickly
Time to closing for a typical sale takes four to seven weeks, while buyers attempt to qualify for a loan and ensure their credit scores are high enough. During this time, the sale may fall through. If it does, you’re starting from scratch. Putting your home back on the market and waiting for yet another buyer could take months.
Reduce that four to seven week time frame to just a few days by selling your home for cash. Without mortgage companies, inspectors, and loan problems, it’s easy to close in three days to one week. Even if something did go wrong in the sale, there’s plenty of time to get it back on the market.
Avoid failed sales attempts
Weeks pass by the time a potential buyer gets their credit checked and applies for a loan, and sales can still fall apart at the table. Title complications, a mistaken ability to qualify for a loan, and other problems create a huge headache, even when everyone is ready to sign the papers. Sales fall apart at the table, putting the seller at a huge disadvantage.
With a cash sale, however, closing is simple and secure. Without the added complications of loans and mortgage requirements, sellers don’t worry about the sale falling through late in the game. There aren’t any unexpected appraisals or credit problems, it’s just an easy exchange. Prevent failed sales attempts and speed your home sale with a simpler transaction.
Make it happen
With so many mortgages in place, it might seem difficult to get a cash sale for your home. Consult a trained professional for a perfect sale. These experts really know the market in your area, so ask them for advice on finding the right sale price. The best companies network with investors looking for new properties, so they’ll already know which clients will want to consider your property. Look for companies that use the latest technologies to create fast, easy, and secure transactions that won’t fall apart at the table.
Don’t miss out on a great opportunity to sell your home for cash, especially if you hope to sell your home quickly and take advantage of the first month on the market. Make it easy to sell your property as is without complicated appraisals or repairs. Time it right and close your sale just days after you get an offer, and ensure that sale doesn’t fall through at the end. Contact a professional company today and sell your home without the hassle.