If you think it’s impossible for someone to buy your house in cash, think again. Cash-only transactions involve legit real estate investors who are in the business of buying properties and selling them for a profit.
Here are the key advantages of selling your house to a cash buyer:
The process is quicker. Without a doubt, cash-only transactions are faster than the conventional method of selling a house. Once you and the buyer have set a price, you only have to wait for the paperwork and the payment can be transferred to you. This can all take place in one to two weeks, depending on how simple or complicated the details are, i need to sell my house fast in Louisville!
A close is guaranteed.
Traditional buyers may make you feel like they are very sure about buying the property, but there’s no telling what issues may crop up during the transaction. For instance, the bank or lender may reject their loan application, or they may simply find another property that they think is better for them. This can be totally frustrating, but you can steer clear of this scenario by choosing a cash buyer. Again, once you have agreed on a price, it’s all systems ago. Read more about home selling at this website http://finance.wikia.com/wiki/Real_estate.
You may be given the option to rent.
What’s great with cash-only buyers at www.gracebuyshouses.com is that they explore other ways of gaining profit besides just selling the property. They may, for example, let you rent it so you don’t have to go through the trouble of finding another house and settling in. This can be a huge convenience for you, especially if there are kids in your family.
It helps you with an impending foreclosure.
If you’re in need of cash asap, a cash buyer will obviously be able to provide it for you. This can be particularly helpful if you defaulted on your mortgage payments and are about to lose your house to foreclosure. A cash buyer can help you beat deadlines and start a new life clean.
You can expect honesty in valuation.
Buyers normally take care of valuations to guarantee fairness in determining the property’s cost and market value. This means you won’t have to worry whether you could have gotten a better deal with another buyer.
The transaction is convenient and efficient overall.
When people choose to sell their homes to cash buyers, it’s generally because they want the transaction to close as fast as possible. The good news is they’re on the same boat as cash investors. After all, they’re looking for profit. A faster close means they will be able to renovate the property as well as make a profit out of it sooner.