Let’s be real: the traditional home-selling process takes time, money, and hard work. Should You Sell Your Home For Cash ? To be completely honest, it’s kind of a hassle.
But there’s another way.
If you’re interested in an alternative to the traditional home-selling process, you may want to consider selling your home for cash.
It’s typically faster and simpler than a “traditional” sale involving realtors and financing. But there are many more potential benefits…
At Cash For Homes Arizona, we specialize in buying homes for cash. We’re here to guide sellers through the process and make them feel comfortable every step along the way.
Interested in learning more? Want to figure out if you should sell your home for cash? Keep reading…
Selling Your Home For Cash: What Does it Mean?
No, selling your home for cash doesn’t mean some dude is going to show up with a briefcase full of cash and buy your house on the spot.
Rather, a cash sale simply refers to a home sale that doesn’t rely on financing. The buyer has enough cash in their account to cover the sale without applying for a mortgage.
Cash buyers might be individuals, but they also might be real estate investors.
Should You Sell Your Home For Cash?
Now that you understand the basics of selling a home for cash … is it the right option for you? Here are four potential advantages of choosing to sell your home for cash…
1. Reduce Fees
When selling your home for cash, it’s not required that you or the buyer work with a realtor. Since realtors can charge upwards of 6% commission on a home sale transaction, this alone is a huge benefit of selling a home for cash.
For example, if selling a home worth $500,000, you’d need to hand over $30,000. That’s quite a bit of money!
2. Avoid Showings & Repairs
Two of the most stressful parts of the home-selling process are setting up your house for showings and dealing with repairs.
With showings, you’ll be expected to vacate the property so that agents can show it to potential buyers. That can be a huge hassle depending on your schedule — especially if you have pets or a family that you also have to move to accommodate viewings. You also have to keep your house clean at all times…
Additionally, once you’ve found a buyer, you may need to contend with costly repairs or face the need to reduce the asking price based on what the buyer would like fixed. This can be stressful and expensive, on top of the steep fees you’re already paying an agent…
3. It’s Faster
Every time you need to communicate with a potential buyer with a traditional sale, it goes like so:
- You reach out to your realtor
- Your realtor reaches out to the buyer’s realtor
- The buyer’s realtor reaches out to the buyer
As you might imagine, even the simplest of conversations can be extremely time-consuming with this convoluted flow.
With a cash sale, there’s often direct communication between buyer and seller. That, added with the fact that there are no mortgage contingencies holding things up, can speed up the process considerably.
4. It’s Simpler
As you read over the things mentioned in this post, you may be thinking that selling your home for cash sounds a lot simpler.
It often is!
The traditional home-selling process can be annoying and a huge hassle. Plus, there’s a ton of paperwork on top of everything else…
One of the top reasons people choose to sell their homes for cash is that the process is simpler and results in far fewer headaches.
Interested in exploring selling your home for cash in Arizona? Please reach out to Cash For Homes Arizona. We’re ready to make fair offers on houses, and our extensive experience in the market has helped us develop a methodology for making sales fast and efficient while always maintaining a high level of respect.
What do you find appealing about selling your home for cash?