Whether you’re moving to a new location, downsizing to a house more convenient for your lifestyle, etc., you’ll need to sell your current place.
Now you need to find that “happy medium” between selling the home quickly and getting compensated fairly for it.
Then a buyer comes along that wants to help you meet both of those goals AND pay you in cash for it.
Seems too good to be true, right?… I think you’d be surprised!
Selling a house to a cash buyer can alleviate the stress of the selling process, here are several reasons why you should consider finding cash home buyers.
Benefits of Selling a House to a Cash Buyer
The Profits Are All Yours
While agents are an amazing resource for some home sellers, the sales process can take a long time to find an interested buyer.
Between all the advertising, scheduling showings of the house, and meeting with potential buyers, that sequence can drag out months, even years in some cases.
The downside to having an agent is that you’ll have to split the profits one the house is sold; talk about a buzz kill.
When you sell your house to cash home buyers, all the money from the sale is yours to keep!
You read that correctly: whatever the house sells for goes directly to you, no fees attached.
No Extra Cleaning Needed
Have you heard the term “as is” tossed around from cash buyers? That means they will literally buy your house in its current condition.
What does that mean for you? It means that you don’t need to do any extra painting, cleaning, restoring, or moving than what you desire for the sale to be finalized.
More importantly, this means that your cash buyer won’t be scared away by damage in the house.
So you don’t need to worry about that leak in the laundry room anymore, because soon, it won’t be yours to worry about.
Because cash buyers are interested “as is”, it’s important to be open and honest from the start.
Let them know what they need to keep an eye out for so that they aren’t blindsided by it down the line.
You’re the Seller They’re Looking For
It might surprise you to find out that cash buyers have certain seller circumstances that they prefer to do business with.
There’s a cash buyer for any situation: bankruptcy, foreclosure, divorce, homes that just can’t seem to sell, you name it!
Not only are you the type that real estate cash buyers are looking for, but they’re also advertising it!
Finding the right one to do business with is important, and it’s easier than ever to do exactly that, which leads me to my next point…
Their Testimonies Tell the Tale
Professional cash buyers can’t easily hide their previous customer experiences.
That makes it very easy for you to research their website, reviews online, and community presence to make sure they’re legitimate.
If you can’t find information on them online, find a different cash buyer.
They’re Mindful of Your Circumstances
In some situations, you become the seller unwillingly. Whether it’s divorce, the passing of a family member, or a financial toll, these circumstances may make you want to move on sooner than later.
Professional home buyers are more understanding of that than most, as they’ve worked with those in a similar situation before.
Selling a house can be a very emotional time, having someone pay you cash and quicken the process will help rid you of that burden faster.
It’s a Much Quicker Process
The home sale process is one of the most stressful situations you’ll have in your lifetime.
Even if you find a few people that are interested, there are a lot of factors beyond their control.
They have to go through a process with their bank (which can take a long time in and of itself) and hope that the bank grants them approval on the first try.
With real estate cash buyers, the process is simplified.
They reach out to you (or vice versa), and pay you hard cash a few days later.
Higher Likelihood of Finalization
We’ve all heard the horror stories of home selling: a seller finally finds an interested buyer, takes them through the process of finalization, and the buyer chooses to back out at the last second, no strings attached.
The risks of this are much higher if your interested buyer is applying for a loan, because if they don’t qualify for the loan and/or don’t like the rates– they’re gone.
Those that make a cash offer on your house are FAR less likely to back out because there’s nothing holding them back from doing so.
If they’re interested in your house and love what they’ve seen from it, they hand you cash and the money is yours… that’s exactly how it should be!
Find the Right Cash Buyer for You
Although you’ll only be working with them for a short period of time, it’s important to ensure you can trust the cash buyer that’s interested in your home.
You want to make sure they have a solid background and testimonies that back them up.
After all, the last thing that you want when selling a house to a cash buyer is an unwelcomed surprise towards the end.
We here at Bonnie Buys Houses Fast have a proven track record in the Colorado Springs community.
Our passion for helping home-owners achieve a successful and speedy sale is unmatched.
For more in-depth information, be sure to check out our article on selling your house fast.
