Putting your house on the market is a big decision, and it can be a long and tedious process from beginning to end. What if you don’t have that much time? What if you’re in a hurry to move, or aren’t able to put in work to improve your home before selling?
Especially during the pandemic, finances and the housing market are two very unpredictable things right now. There are a multitude of reasons one might sell their home for cash — and these reasons below are at the top of the list!
So, what are the top reasons for selling a home for cash?
Selling your home to a cash buyer provides more flexibility when it comes to terms of sale. We’re not a family of five looking to settle into a home for the next 15 years — so we have the ability to work around your circumstances. Whether you’re going through a divorce, facing foreclosure, or have a tired landlord, we understand everyone’s situation is different!
You choose the closing date.
When you sell through an agent, you typically don’t have much control over the closing data. Sometimes situations occur where a buyer makes an acceptable offer, but can’t close for another few months. This leaves you wondering if you should wait for another acceptable offer, which can be a pain (especially if you want to sell quickly). Cash buyers are definitely a good option if you need someone to accommodate an aggressive timeline!
You’ll avoid repairs.
Home repairs are tasks most sellers don’t think about until it’s too late, and they don’t come cheap. Small repairs are one thing, but large repairs like foundation damage, pipe leaks, etc. can be costly on top of other existing moving costs. With a cash buyer, you leave the house as is. It’s as simple as that, no gimmicks!
No fees, commissions, or contingencies.
When a buyer provides an offer, you have to take that number with a grain of salt. For example, a seller has to pay an agent’s commission. They may also be asked to pay some of the buyer’s fees, like an appraisal. When you sell a home to a cash buyer, it’s all cash. You know exactly what you’re getting. No added fees, repair costs, etc.
You’ll avoid strangers in your house.
Especially during the pandemic, who wants strangers in their house? Even before the pandemic, it can be a little nerve wracking to have strangers going in and out of your home. When you sell your home for cash, the only person that comes in or out will be the buyer. And by this point, hopefully you’re not strangers anymore!
You won’t worry about financing.
We see it all the time — you finally find a buyer, and the deal is about to close. But then they break the news; they can’t find a bank that will issue them financing, or they can’t find a rate that works for them. Suddenly, your house is back on the market and it’s back to the drawing board. With a cash buyer, you’re eliminating this very scary and uncertain step, and can go into the process with some peace of mind right off the bat.
If you’re looking to sell your home for cash in the Baltimore area, Home Buyers Express has you covered! We take the stress out of selling your home. No fees, no commissions, no repairs. You choose the closing date, we pay the closing cost, and that’s it! You can contact us online today or give us a call at (410) 274-9678.