Wherever you may be located, selling a home to a cash buyer is primarily the same. It usually starts with a phone call from the buyer asking for basic information about the home. They will then investigate around the neighborhood to determine an offer price.
Again, the buyer will call you, this time to give you an estimate of what they can pay for your home; if you’re happy with it, they will schedule a visit. When the visit is done, you can have the closing at a lawyer’s office for everyone’s security.
So why sell to a cash home buyer?
When you sell your house to a cash buyer, you skip all those closing and realtor fees that accompany a traditional sale. Therefore, you get to pocket the buyer’s full offer!
Another given benefit of selling to a cash buyer is that processing will be much faster compared to a traditional sale. You need not wait for someone to take an interest in your property, and there will be no banks or lenders rejecting loan applications of potential buyers. Once you and a cash buyer agree on a price and there are no legal impediments to the sale, you can receive the payment in a matter of days.
Dealing with a “buyer” who cancels at the last minute can be nerve-wracking. Sometimes, they didn’t get a loan or they just decided they don’t want to buy your house anymore. With a reputable cash home buyer, these scenarios are totally out of the picture.
One highly appreciated benefit of selling to a cash buyer is that you don’t have to do any repairs or serious cleaning to prepare your property for the sale. These buyers are going to purchase your house just as it is, and they’re serious about it. They are not discouraged by damages or even foreclosure that usually makes selling a house very hard. If fixing up your home is beyond your financial means or is simply not in the plan, selling it for cash is certainly the way to go.
It should be obvious by now that the process of selling a home to a cash buyer is a lot more straightforward and efficient compared to the traditional route. This is why this option appeals to a lot of people, especially those who are in a hurry in selling their property.