Have you been wondering whether you should sell your house for cash? There are both pros and cons to this option. Read on to find out when this is worth it.
Houses are selling faster today than at any other point in the last decade. To that end, in 2019, a whopping 5.67 million new homes are projected to change hands.
There are a lot of reasons why people sell their homes. Some are looking to upgrade and others need to move fast due to job relocation.
No matter what your reason is for selling, chances are you’re looking to get a great offer on your home as quickly as possible.
There is no better way to do exactly that than to sell your home to an all-cash buyer.
Selling houses for cash has a tremendous amount of advantages to it. To explore whether or not selling your home in this fashion is right for you, our team is going to explore all of the pros and cons involved with all cash buyers so you can make an informed home-selling decision!
The Pros of Selling Houses for Cash
In our opinion, selling your house for cash brings with it advantages that far outweigh any disadvantages you may have heard of. Here are a few of our favorite cash benefits!
Sell As-Is
Many people desperately want to get out of their home but are afraid to because of its condition. Power outlets not working, central air acting up… There is no shortage of issues that may have reared their heads during your time living in a home.
Fixing those issues before bringing a house to market is often too overwhelming for sellers and consequently, they find themselves stuck.
When selling houses for cash though, you don’t have to worry about all of those maintenance issues. A professional cash for homes buyer will take your home off of your hands and make a fair offer on it, as-is.
So, leave your tool belt in the garage and prepare to collect your check!
No Fees
There are a lot of fees involved in the home selling process from appraisals to agent fees. All of those expenses can add up to thousands of dollars out of your pocket by the time you hand your keys over to the new owner.
When you sell your home to a cash buyer, those fees disappear.
You can engage a professional cash for homes buyer on your own and you both can work out a deal without the need to get middle-men involved.
That means more cash in your pocket!
No Banks Required
One of the biggest annoyances with home selling is needing to deal with buyer’s banks. Banks have stringent criteria around the kinds of homes their buyers can purchase and the condition those homes need to be in.
It could be that you’ve been engaging a buyer for weeks only to find that their bank ultimately blocks the deal due to a contingency.
Selling your house for cash means no banks! Because of that, whatever agreement you and your buyer come to is not susceptible to 3rd party interference.
You’ll Get Paid Quickly
Wouldn’t it be great if the day you listed your home for sale someone would just knock on your door, write you a check and you could be on your way?
Guess what? That dream scenario is not far off from the reality that comes with selling your home for cash! All transactions are fast as cash for home buyers are very motivated to take your property off of your hands.
You Can Move On With Your Life
Every advantage of selling houses for cash leads to the macro goal of allowing you and your family to move on with your lives as quickly as possible.
Selling your house traditionally with the help of agents, the interference of banks, etc. That process can take years.
If being tied down to your home for a long time after declaring your intent to sell doesn’t sound good to you, we recommend engaging a qualified cash buyer and moving forward today.
The Cons of Selling Houses for Cash
There aren’t many cons when it comes to engaging a cash buyer. The commonly cited disadvantage is that you’re likely to get a lower offer than if you took the time to bring your home to the market.
While that point may be true on its head, when you factor in the fees you’re avoiding by selling your house for cash and the amount of time you’re going to save (sometimes years), the difference in offer price may pay for itself many times over.
For that reason, we always advocate that home sellers weigh the value of all of the advantages of selling their homes for cash brings with it. Factor that value into the offer you receive and then ask yourself, “Is this worth it?”
We believe your answer will be, yes!
Wrapping Up When Selling Houses For Cash is Worth It
If you live in the Colorado Springs area and are considering selling your house, you may be asking yourself whether or not selling your home for cash is worth it.
While there are pros and cons to selling houses for cash that can affect your answer, we recommend considering our list of advantages above and asking yourself if those benefits are things you’re interested in.
- If yes, engage a cash for a home buyer immediately.
- If no, take your home to market via traditional means.
However you choose to sell your home, we wish you the best of luck in moving onto the next chapter in your life!
Looking for a Colorado Springs cash for homes buyer who can make an offer on your house immediately? Look no further than “Bonnie Buys Houses Fast”!
Bonnie Buys Houses Fast has been giving sellers like you fair offers on their homes for years. Get your fair home offer today!
