Twenty-eight percent of homeowners in the U.S get the urge to move every five years. The process can be exhausting, especially when you need to sell a home fast. There are various options available to place your house on the market, including using realtors or selling FSBO.
Selling through a real estate agent can be a hassle and time-consuming, not to mention the large portion of agency fees that you have to part with. Most homeowners now prefer to sell the home to cash buyers. Here are five benefits you may enjoy if you sell a house fast for cash.
1. All the Money Is Yours
Selling your home through a realtor can be an expensive affair. You not only have to prepare your home through costly repairs but also factor in the high agent fees. When you sell a house fast to cash buyers, you get the full amount of the money. It provides quick access to liquid cash that you can use to pay other expenses or purchase your new home.
2. Expedited Closing Process
The whole premise of having to sell a house for cash is the quick access to money and the faster closing dates. Through the traditional realtor route, your home may stay in the market for months, with the average closing period not being less than four weeks. In selling a house for cash, there is no waiting or delays. You can close the deal in as few as seven days. You can even get the freedom to determine the closing date.
3. Sell Home ‘As Is’
You may have to clean up and prepare your home for sale when you opt to use a realtor. You will need to undertake expensive repairs and renovations. Some of the projects are not feasible, meaning you may never recover the money used. Most cash buyers do not mind the condition of the houses for sale. You get to sell your home for cash in ‘as is’ condition.
4. Less Risk of Deal Falling Through
Anyone who has sold a home before knows the pain of having a real-estate deal falling through. You may have to start over the process all over again. Delayed, or worse, rejected mortgages can stall your house selling. With cash buyers, you get a reasonable offer immediately after a walk through your home. No loan or mortgage approval is needed.
5. Convenient
Getting to sell a house fast in an ‘as is’ basis eliminates the need for costly protocols standard in the realtor option. Your realtor may demand a home inspection, including checking for rodents and termites. You may also have to always keep your home tidy and clean throughout for an open house viewing. Not forgetting the fact that you need to free up your schedule to show the potential buyers around. You can eliminate all this hassle by opting to sell your house for cash.
Selling your home can be an overwhelming process. Choosing to sell a house fast through a cash transaction can reduce much of the headache. You get quick access to much-needed money through an expedited process.
Are you looking to sell your house fast in Peterborough? Fast Cash 4 House will make a fair and reasonable offer for your home. You also get to choose the closing date that you prefer.