Are you worried about how long a traditional home sale will take? Think it’s going to be a lot of work? If you desire a quicker selling process, choosing to sell your house to cash buyers is the way to go.
A few decades ago, selling your house for cash would have been unheard of. But now, it’s a strategy that more and more home sellers are taking advantage of. And it’s not just about getting a lot of cash from a transaction; selling for cash is also hassle-free. Below are four specific reasons why selling a home for cash is the way to go.
1. No Marketing & No Realtors
One of the toughest tasks you’ll have as a first-time home seller is marketing your property. Most home sellers eventually hire a realtor to do this, and this means a realtor commission is required later on. Even if it takes weeks or months to find a buyer, you’ll still owe this commission.
You can avoid these problems by selling your house to cash buyers. Selling this way, there’s no need to hire a realtor, as the cash buyer will buy your home directly from you.
2. Flexibility
The traditional selling method is rigid, so a specific process must be followed. But if you sell for cash, you can close in as little as a month. The main reason why selling for cash is so quick is because there are no appraisals or inspections required. A cash home buyer will purchase your home as is, meaning you won’t have to make repairs before the sale. They’ll do this because they can repair the home later and sell it for a profit.
3. No Renovation Costs
If you’ve heard an ad say “we buy houses in Downey, CA as is,” then you’ve heard from cash home buyers before. One of the biggest benefits of selling for cash is you can avoid doing renovations before selling. Often, home sellers think renovations are the way to go, but these can be more costly than one anticipates at first, and they may not generate the interest you think they will. Therefore, it’s best to skip the renovations and sell your home as is.
4. Quick Close
A cash sale is faster than a conventional sale because it’s not dependent on mortgage approval. In the traditional selling process, it can take anywhere from 90 to 120 days for a buyer’s mortgage to get approved. A cash sale, on the other hand, can be closed in weeks. Since it doesn’t take long to reach closing, you can move out right after you sign on the dotted line, and we’ll even help you move
By this point, it should be clear as day why selling for cash to trusted real estate investors is the way to go for anyone who wants to sell their home and move quickly. At Breathe Life Real Estate, we employ top cash home buyers in Downey, CA, and they’ll buy your home as is. Sell to us and avoid realtor commissions and closing costs.