For many homeowners, selling a home to a cash home buying company is a rather new concept. They are familiar with the traditional method of listing a home on the market which can be expensive, time-consuming, and nerve-wracking. But, more and more home sellers are learning the benefits of selling their homes for cash.
Avoid the Paperwork
In the traditional home selling process, you have to fill out a mountain of paperwork before your home even gets listed. This can involve signing listing and marketing agreements, disclosure forms, and any other forms your real estate agent deems necessary. Only then does your home get offered for sale.
When selling to a cash buyer, you get a no-obligation offer on your house almost immediately– within 24 hours in most cases. You make no commitment for the sale until you sign the contract agreeing to the purchase. You save time and hassle.
No Extra Charges
Listing a house for sale involves costs for you. First, there’s the cost of repairs and cleaning your home in preparation for showings. Then, when you close on the house, you’ll pay commission and fees for inspections, appraisals, and other costs.
You don’t have to do any repairs on your home if you sell to a cash buying company. There are no public showings, and the company will buy your house in its present condition. You will also not be charged commissions or any other fees.
Close Quickly
In a cash sale, you don’t have to wait for the buyer to get financing. Cash buying companies don’t need to get a mortgage to buy your house. They already have the cash available to pay you the full amount they offered.
You also don’t need to wait for home inspections or appraisals. This means you can schedule the closing quickly, often within a week or two. You won’t experience delays or the possibility of the sale falling through because the buyer can’t get financing.
The benefits of selling your home for cash are many, particularly when you do business with an established cash home buying company. Representatives of a home buying company are experienced property investors who will offer you a cash price and arrange all the details for you. All you have to do is sign the paperwork and walk away with your money.
Need to sell a house in the Eastern Pennsylvania area? Click here to learn how to sell your house for cash!