Benefits of Selling a House for Cash
Jun 18, 2020 | Hometown Development
Selling a house for cash has many advantages over the traditional process of listing your home for sale on the real estate market. The simple cash sale is faster, easier, and more valuable to homeowners who are in difficult financial situations, don’t want to make repairs to their home, or deal with the stress of a traditional sale.
By selling a house for cash, you can avoid all of these issues and walk away with your cash offer in as few as five days. Let’s explore the benefits of a cash sale to see if it’s right for you.
Selling a House for Cash Can Help You Out of a Tough Spot
If you find yourself in a difficult financial situation or need to get rid of your home quickly, selling a house for cash can give you the financial freedom you need to help you move out and move on.
When you’re facing foreclosure, or behind on mortgage payments, it can feel like everything is working against you. Swimming against the current to keep your head above water is exhausting, but the alternative of letting the river take you isn’t ideal either. Fortunately, there is still a way to get out of the situation completely. Selling your home for cash can help you out from under your debt, and put you in a better position to move on to your next venture.
If you sell your home for a cash offer, you can avoid foreclosure, get out of your troublesome mortgage, and salvage your credit, which will allow you to move on in a home you can comfortably afford. You don’t have to worry about losing your home to the bank. By selling on your own terms, you can regain control over your finances and your future.
You Can Skip the Realtor When You Sell For Cash
Working with a Realtor can be complicated. They often have their own ideas about what you need to do to prepare your home for sale, and can build a series of hoops for you to jump through before you can list your home on the market. You’ll have to host an open house and keep your home in pristine condition so it’s ready to show to a buyer at a moment’s notice.
Selling a house for cash is a simpler way to sell. You won’t need to hire a Realtor, follow their steps to prepare your home for sale, or pay their commission once you’ve sold to a buyer. While a Realtor is motivated to help you earn top dollar from your home sale, you have to pay a commission once the sale is final — industry standard is about 6% of the sale price.
The most difficult part about working with a Realtor is that you have to sell on their timeline. Selling your home with a Realtor can take months of preparation and even longer to find a buyer and complete the closing process. If you need to sell your home quickly, this might not be an option for you. Selling a house for cash means you can sell when you want, and walk away with your offer in hand in as few as five days. With no preparations, open houses, or Realtor’s fees, you can sell your home and get on with the rest of your life that much faster.
Selling a House for Cash Means No Need to Make Repairs
The easiest way to sell your home is to sell as-is for cash. This means you can sell your home in the condition it’s already in, with no need to make repairs, changes, or updates to the house or property. The money and hassle you save is yours to keep. By selling a house for cash to a real estate investor, you get to move on quickly and skip the time-consuming repairs so you can focus on your next steps.
If you can’t afford the repairs your home needs, like a new roof, foundation repair, or mold removal, or you just don’t want to deal with sprucing up the landscaping, picking out new paint colors, or updating your kitchen — it’s okay. Selling a house for cash in an as-is sale lets the buyer worry about those concerns. A real estate investor has the time and capital to make repairs and updates to your home, saving you money and the hassle of dealing with them by yourself.
Sell Your Home for Cash When You Want.
If you need to sell your home to relocate for work, if you’ve inherited an extra home, or if you’re going through a divorce, why wait around for a traditional sale which could drag on for several months? When selling a home for cash, you get to choose the timeline. If you want to move quickly and receive your payment sooner, an as-is sale can be completed in as few as 5 days. You can sell your home fast for cash and be ready to start that new job on Monday or move on to start making new memories in a new house right away.
Selling a house for cash means no hassle.
Let’s face it, selling a home can be stressful. Not only is it work to box up your belongings, but moving can dredge up a lot of emotional baggage as well. Why make it more difficult? If you’re ready for a clean break with minimal stress, a cash sale is perfect for you. You can sell your home fast for cash in as few as five days, without having to work with a Realtor, make costly and time-consuming repairs, or deal with the ups and downs of the real estate market.
Selling a house for cash is a hassle-free way to find your financial freedom and move on to the next chapter in your life. With all the time, energy, and money a cash sale can save you — what will you do next?
If you’re hoping to sell your home for cash, Hometown Development can help. We purchase properties in any condition, for cash, and we can close in as few as 5 days. Give us a call at 616-379-3090 or contact us online for more information, and your personalized cash offer.