Interested in selling a home for cash , but not sure how to go about it?
Don’t worry. You’re not alone.
The process of selling a house has become more confusing than ever in the current hot housing market. There are realtors, websites, and services available … What’s the right way for you to sell your home?
At Cash For Homes Arizona, we’d like to propose another option … Consider selling your home for cash.
Not sure what that means, or whether or not it’s the right solution for you? Keep reading. This post will detail what it means to sell your home for cash and why it may be worth considering.
What Does it Mean to Sell Your Home for Cash?
While the phrase “sell your home for cash” might evoke visions of briefcases full of cash to your mind, that’s really not the case at all.
In fact, a cash offer simply refers to an offer for a house that is not contingent on financing. It means the buyer has the means to purchase the house outright — they have the full amount available, and will not need to get a mortgage.
Cash buyers could be individuals, or they could be real estate investors.
Why Consider Selling Your Home For Cash?
Here are five reasons why selling your home for cash could be an advantageous choice:
1. Potentially avoid realtor commissions
When selling a home for cash, it’s not necessary to work with a realtor. Considering the fact that some realtors in Arizona command as much as 6% fees on the transaction, this can add up to significant savings. For instance, if you sell your house with a realtor and the selling price is $300,000, you’d have to pay them $18,000. That’s quite a chunk of change…
2. Potentially avoid showings
With a traditional realtor or an online real estate service, you’ll be at the mercy of scheduled showings. If you’re still living in your house, you’ll need to make sure it’s spic-and-span at all times and may have to exit the premises on a dime.
It’s disruptive and stressful and makes life pretty unpleasant.
With a cash sale, it’s possible to avoid showings and open houses as your potential buyers will be much more targeted. Some buyers may want a brief viewing, and others may not even require a showing to make an offer.
3. Avoid costly repairs
Many cash offers are made for homes in “as-is” condition. That means that you won’t need to make costly repairs or negotiate to fix things versus offering credits.
For many sellers, this alone makes it worth pursuing a cash sale versus a traditional real estate transaction, since it saves time and money.
4. The process is faster
Since a cash sale doesn’t have to wait for mortgage paperwork to come through, it typically goes through a lot faster than a financed sale.
A traditional financed sale often takes 45 to 60 days to close. A cash sale, on the other hand, might close in as little as two weeks depending on the stipulations of the sale. That means you have cash in hand faster!
5. Less headache
Let’s face it: the traditional home-selling process is often a huge hassle. There’s a ton of paperwork, people to deal with, and annoying and costly fixes to attend to.
Selling your home for cash can help you avoid many of these hassles and headaches. It makes the process simpler and faster … There’s a reason why it’s becoming such a popular method of selling a home!
If you’re interested in selling your home for cash, consider reaching out to Cash For Homes Arizona. We have extensive experience and are ready and willing to guide you through the process to make it as pleasant an experience as possible.
Don’t hesitate … Take advantage of the hot housing market! Reach out today.
Are you interested in potentially selling your home for cash?