With up to five million houses sold annually, you must understand you will have to wait to find a buyer for your home which does not work for you if you looking to sell fast. Listing your home with a realtor will not be the best selling strategy if you are looking to close the deal as fast as possible. If you have been wondering how to close the deal on your house fast, perhaps it is time you consider working with a cash buyer. Below are advantages of selling your house to a cash buyer.
Selling your home to a real estate investor is beneficial because of faster closing time especially if you are looking to move in a hurry; you can receive cash for your house is as short as a week. Fewer sales fall through if you are dealing with a cash buyer; if you have ever accepted an offer for your house only for the deal to fall through, you understand how frustrating it can be but you can avoid a similar experience if you are selling to a cash buyer.
Realtors are professionals who will command about six percent of the amount you get the house after which you have to pay closing costs meaning you end up with less money, but with a cash buyer you walk away without incurring extra expenses. For a realtor to list your house on the market, they must ensure everything is in perfect condition even if you have to invest more money into the house through repairs and upgrades, but most cash buyers usually buy homes in their current conditions so you don’t have to worry even if it is in a rundown condition.
If your house is under foreclosure, you have up to ninety days to sell it, pay your debts or lose it for nothing and such a short time means selling it for cash gives you a better chance than listing with a realtor. Working with a realtor means the bulk of the paperwork is handled by the buyer and there could be a mountain of them but with a cash buyer the transaction is between the buyer and the seller.
Homeowners are usually required to vacate immediately the sale deal is closed to leave room for the new owners to move in but there will be no need to exit your house immediately the deal is closed with a real estate investor. The longer your house spends on the market as you are trying to find a buyer through a realtor, the more expensive it becomes to maintain and more time it takes but you can avoid all that by getting rid of it for cash. The next time you are considering selling your house, these are the reasons to get rid of it for cash.