Reasons Why You Should Consider To Sell Your House Fast to a Cash Home Buyer
It is highly likely you have seen lots of advertisements both online and offline of investors buying homes for cash. It is also highly likely it is something you are considering doing probably based on your strained financial status. You are probably wondering whether or not it is worth the attention it is getting, or there is a lot that has not been revealed. Here are some reasons to convince you of the need to sell your house fast to a cash house buyer.
Selling a home through the typical traditional process comes with all manner of fees, the highest being that percentage paid to the real estate agent. In most cases, the agent will take six percent of the total cost of the sale price of a house. Because you are dealing directly with the buyer when you go the cash for home route, it means the real estate agent will have no role to play. Of course, you get to save a lot more than you could ever imagine beyond the six percent agent commission. Think about saving costs related to appraisals, inspections, seller concession fees, closing costs, etc.
Dealing with the cash home buyer is a direct process with no complications whatsoever. First and foremost, the buyer is buying out of pocket and not through financing hence you remove the worry that comes with thinking the mortgage may not be approved after all. You also don’t have to worry that the closing will delay or the deal will fall apart should the buyer find another attractive home. Remember, the cash for home investor is in the business of property investment meaning they won’t be living in your house. This means there are no emotional attachments to the purchase process that may warrant the deal not going through.
Probably the biggest boon to this cash house offers is selling the house “as is”. Of course, you know this is practically impossible when dealing with a real estate agent that expects to find a house in its best form. It needs no mentioning fixing a home can eat up into your budget which is mandatory if you are to follow the traditional route. Has it been mentioned already you will need to oversee the repair work after going through the hassle of hiring all the contractors for the different home repair jobs? A genuine cash home buyer, however, takes all this trouble away from you by ensuring they are buying the house as is with all the problems that need to be fixed. The buyer handles everything as they take the house in whatever state it is; whether or not all systems are functioning.