In this time and era, many different reasons and situations could arise and the need of selling your home in a hurry pops up. Chances could be that maybe in a few weeks or months, you are relocating for your dream job in another city or country and if you happen not to sell it in a certain time frame, you will be stuck for quite some more time with it. Other reasons could include: the need of you freeing up some capital to grow your business or investing in other ventures, or the home starts becoming smaller due to the growth in the family and you want to buy another home and even as a last reason, you could have inherited a house and this adds up an additional property. As we can see, there are many situations and much more could come up on why a person would need to sell their house and homes fast.
In all these situations, real estate agencies have always been the ones involved, consulted and considered as the first option. It’s the high time that home owners should stop fully looking on real estate agencies and start now focusing on to cash home buyers especially in times they want to sell their houses and homes fast. You’ll be surprised to find out that those home owners who discuss selling their properties to cash home buyers have had their own share of benefits. In this article, let’s look at some of the benefits of selling your home fast to cash home buyers.
It will indeed save you lots of time when a cash buyer in San Antonio purchases your home in cash. This is because the closing costs will be less and to top up that, you will have completed and closed everything down in a few days. Another greater reason that makes it more fast is, you will not have to wait longer to cross check if the potential buyer can adequately get financing or not. Having high hopes in mortgages have proven some downfall is some way as you will find that at certain times, a buyer being denied the funding and this will leave you with no option but start from zero with another buyer. Before anyone qualifies to purchase your home, you may find the process dragging on for some months.
As a seller, choosing cash home buyers will not only redeem you from all the stress about the purchaser being able to secure financing, but also you will be exempted from worrying about appraisals required by lending institutions for buyers. It will be a done deal.
Save you on Money
Cash home buyers are known to take a house or a home as it is. When they make the purchase, they will receive the home as the state it is currently. The homeowner will not have any responsibility of the house such as repairs and upgrades and this will save them hugely on the costs. This will now be the responsibility of the cash buyer to make any changes and repairs after they have bought it. Using an agent to sell your house has its own downfall since the house will have to undergo an inspection and this can not only have been seen costly but also, its time consuming. In the long run, heading for cash buyer will exempt you from the inspection cost and this will make you save time and quite a sum of money.
Escape Agents Fees
Using an agent to sell your house to a cash buyer may look simpler and cheaper. Yeah, of course we can’t deny the fact that it will be simpler since you won’t be the one struggling with the potential buyers. But the question to ask is that, how much do you think they will charge or will be their cut?? Typically, a real estate agent charges 6% of the sales price. At a glance, that may not seem a lot of money but why don’t you pocket that money yourself. Selling your house for cash at a home buyer will be kind of you acting as an agent and then paying yourself that agent fee. At times, it may be a loss using an agent to sell the property especially if you selling a home that was recently purchased and no lots of equity had been built up in it. This will require you to pay the agent’s cut from your own pocket and by this, there is an angle of loss seen. Choosing the cash option, will save you from getting in your pocket for agent’s commission or him taking his cut from the sales price.
Transaction that is secure
It is much more secure selling your home to cash home buyers as compared to those using financial and lending companies like banks. A buyer who may have the goodwill of purchasing your house but doesn’t not have cash may be denied a loan that he/she could be weighing. Limitations too are known to be imposed by the lending agencies and this acts as a huge risk. This now gives you a stronger reason and point on why you should consider cash sales from home buyers and therefore avoid the risks and imposed limitations. A small piece of advice to serious home buyers in San Antonio is that you should think of choosing banks as the last options as they are fond of dragging their feet thus becoming notorious. On the other hand, this would delay the closing deal for home owners for a very long time.
In conclusion, selling your house is good, and it will even be better if you happen to do so swiftly, smoothly and fast. Point to remember is that you should focus that in the long run, to save some of your money in your pocket hence the need to consider cash home buyers. Home property company buyers too purchase houses for cash and are a great choice. The one advantage there could be having is that some pay for some of the fee’s themselves such as the legal fees and maybe transfer fees. Are you located in San Antonio Texas and its environs?? We have fair offers and we close our deals as fast as we can or at the pace of the seller’s timeline.