Today, it is estimated that one house out of every four houses is sold to cash buyers. people now choose to sell their homes for cash because it is stress-free. However, some people still wonder if this method of selling your house is right for you. Well, selling your home to a cash buyer has a lot of benefits. Selling your home will need you to call your investor so that they may do a valuation on the home before valuing it. Once the buyer has all the information needed, they will give an offer, of which when accepted, the sale will move forward. This article highlights the major advantages of selling your home to an investor.
Selling you home to an investor does not necessitate you to move out immediately if you are not ready to. For the traditional realtors, a homeowner has to move out even before the sale. An investor can be approached to give you a grace period so that you may organize yourself.
On top of this, when you sell your home to a cash buyer, you will not be required to pay any fees like the commission. This is contrary to when you are selling your house through the traditional means where you have to part with some money. The heftiest payment is usually the commission that is paid to the real estate agent, which is typically around six percent. But you will not have to pay any fees when selling your home to an investor. Thus, a lot of cash will be saved.
On the other hand, you can sell your house in its existing condition. Even if your home has many things that need to be fixed, the cash buyer does not require you to fix them before the sale. An investor buys the home as it is, then goes to do the repairs afterward. Therefore, you won’t have to spend more cash on repairs and hence the sale will be smooth.
By trading your house to a cash home buyer, you get to receive fast cash within a short time. For people who have financial constraints such as meeting their mortgage obligations, they can always sell the house to a cash home buyer. You will get fast cash to enable you to settle the mortgage amount. Thus, you will circumvent foreclosure or the home being re-claimed by the mortgage company. In addition to this, a cash home buyer usually doesn’t ask for inspection and valuation of the house prior to buying.