7 Benefits of Selling Your Home For Cash
Selling a home is said to be one of the most stressful things you can do. It takes a lot of time and effort to get a buyer for a house. From staging your home perfectly for each viewer to meetings with financial advisors and solicitors, your plate is always full.
However, there is a way you can avoid all of this hassle- selling your home for cash. There are always cash buyers waiting to invest in properties in your area. So, take a look at some of the benefits of selling your property for cash.
1. Faster Completion
If you want to sell your home quickly, a cash buyer is the best way to do it. When dealing with cash, you don’t have to deal with lenders. Lenders can take a month or more to put everything into place and then you’ll need to wait for your solicitors to file the paperwork.
Selling your home for cash will cut this time in half. You won’t have to wait anywhere near as long to close, which means you can quickly move out and do what you need to do.
2. Avoid Fees
Buying and selling homes come with an array of different fees. From lender’s fees to admin fees and real estate fees, they’re unavoidable. However, accepting a cash offer will allow both you and the buyers an escape from some fees.
Buying with cash means neither party will have fees from a lender, and many cash buyers don’t use real estate agents, so you may not need to either. Both buyer and seller stand to save a lot of money during a cash purchase.
3. Less Stress
You may remember the stress and hassle of buying your first home. The endless phone calls and emails, the paperwork to fill in and sign, and the negotiations to make. It can be overwhelming, but it can also be very time-consuming.
A cash offer allows you to avoid this kind of stress. There won’t be nearly as much paperwork, there won’t be as much negotiation, and you’ll be communicating with far fewer people.
In addition, if your property requires some work and you haven’t got time to do it, you can adjust the cash price accordingly and have the buyer do it instead. Therefore, if you need to leave in a rush for a job or family commitments, you can.
4. No Marketing Involved
Those who choose to put their property on the market will often need to pay fees and it can take weeks or even months before there is interest in the property. You’ll also need to keep your property looking its best whenever someone decides to come and view it. A cash offer will usually come without having to put your home on the market.
You may receive a cash offer from a buyer looking to purchase homes in the area or you may find a company that buys homes for cash like We Buy Houses in Nashville. Either way, you can completely skip the hassle of working the market to find the best buyer.
5. Forget Staging
Until you sell your home, you still have to live in it. There will still be dirty dishes in the sink, kid’s toys all over the living room, and dirty laundry in the bathroom. It can be difficult to keep these things out of sight each time a potential buyer wants to visit.
Similarly, people are attracted or repulsed by smells. It’s always important to have fresh flowers, fresh air, and something tasty baking in the oven when you want to sell your home fast with a real estate agent. You don’t have to go to any of this trouble with a cash buyer.
You’re free to live in your home exactly as you would have before up until moving day.
6. Avoid Lending Issues
Have you ever been about to sign your name on the dotted line and the lender pulled out at the last minute? It can be frustrating and disheartening. When you sell your home to someone who requires a mortgage, there are always things that can go wrong.
If your buyer’s lender decides they can’t lend the money at the last minute, you’re back to square one. When you have a cash buyer, you don’t have to worry about this happening. Your sale is only dependent upon one person- the buyer.
7. No Negotiation
When you market your property, you may find yourself negotiating with several potential buyers. You may have a fixed price in your mind that you’re waiting for someone to offer you; perhaps the amount you need to cover your mortgage. You may need to turn down a few offers until you get the offer you need.
Cash offers very rarely need much negotiation. You may go back and forth a few times, but you’ll only do that with one person and you’ll often get quick responses because a cash buyer doesn’t need to check details with any lenders.
So, if you don’t want to have to pull out your best negotiations skills or you want to avoid any arguments, a cash purchase is your best option.
Request a Cash Offer
Did you know you can request a cash offer at any time from We Buy Houses? Just get in touch with us to discuss the property you want to sell and we’ll schedule a walkthrough at your convenience. We’ll offer you a cash sum and you can sell your property whenever you’re ready.
Selling Your Home With Us
Selling your home with us couldn’t be easier, especially when you want to sell quickly. Cut out all the fuss and pay off what you owe quickly with our simple cash offers. Why not take a browse through our website and contact us with queries?