When you’re ready to sell your house, there are a lot of ways you can do it – each method with its own advantages and drawbacks. In this article, we’ll discuss 5 reasons why selling to a cash buyer can have advantages over all of the alternatives.
No showing and staging hassles
If you decide to sell through an agent, the first thing they’ll do is tell you to get your house “showing ready”. They may even offer to have a staging consultant come over and advise you on how/where to arrange your furniture. They’ll tell you to take down all of our personal photos and effects. Whether you list with an agent or sell it yourself, you’re going to have to deal with the inconvenience of keeping your house clean for showings and be ready at a moment’s notice. With a cash buyer, all of that becomes unnecessary. A cash buyer won’t care about your personal effects. If they’re a reputable buyer, they’ll be there to try to help you sell your house at a fair price.
No costly and time-consuming repairs
Let’s face it, part of the reason you want to sell is because upkeep and repairs have become too much. You may not be able to do the work yourself or be a financial position to hire contractors. If you go through most traditional sales methods, you’ll have to deal with costly repairs and uncertainty related to inspections. Most cash buyers will buy your property in “as-is” condition. No repairs required.
Greater flexibility
If you’re selling to a traditional buyer, chances are they’re going to have demands about when they can close and take position. In some cases, they’re moving from another house and their buyers want them out on a certain timeframe. With cash buyers, there’s greater flexibility on dates and terms. Which means they close in a few days or allow you as long as you need to get moved out. In some cases, you can even rent your house back until you’re ready to move.
Less Uncertainty
When you’re dealing with a traditional buyer, typically there are loans involves. That means the uncertainty of appraisals, inspections, approvals and all of the uncertainty that brings. With cash buyers, there’s no need for a loan and that means far less uncertainty. Cash buyers can have the money in escrow and ready to transfer in a matter of days.
Greater Levels of Service
If you’re dealing with an inherited property or estate, you may just want to not have to bother with getting rid of the house’s contents and costly and time-consuming clean-ups. With a cash buyer, you can sell the house as-is. Any contents can be handled by the buyer, leaving you free to get on with your life.
Selling to a cash buyer isn’t the perfect solution for every solution, but for some it can mean less stress and headaches. If you’d like to learn more about how you can sell your house for cash, please contact a Skymount Property Specialist to discuss your specific situation.
