Did you know that the average process to sell a home traditionally through a real estate agent is two months? And that usually doesn’t even include the time it takes to prepare to put your home on the market. All in all, you could be looking at three to six months to get your home sold and have the money in your bank account to make your next move. While some sellers can afford to spend the time and money it takes to sell a home traditionally, others cannot, according Crossroads Management team.
If you think you want to bypass the traditional selling process to sell quickly, here is what you need to know.
Why to Sell My House Fast for Cash
To sell my house fast for cash buyer has many advantages—especially if you need to sell quickly due to a bankruptcy, job relocation, divorce, or because you need to get rid of a rental or inherited property that is in bad condition. When you sell your house for cash, you can skip repairs, updates, staging, and showing. You can also forego traditional listing and marketing. All of this saves you a lot of money and will let you quickly unload your home and get cash in your pocket.
The Cash-Buying Process
Want to know how the process works? It’s easy. First, you request an offer by filling out an online form or by calling the cash-buying company. You will then be able to set up a consultation and a time for a representative of the company to tour your home. Be prepared for this appointment with information on when the home was built, its current condition, and any repairs or renovations you’ve done since you owned it.
After the tour, the cash buyer will arrange for an appraisal. Don’t be worried your home will not pass this phase—it’s simply so the buyer will have a better idea of your home’s condition. Once the appraisal has been completed, you will receive a final offer. If you accept the offer, you choose your closing date and proceed to final paperwork. The entire process can take as little as two weeks.
How to Decide if You Should Sell to a Cash Buyer
Selling to a cash buyer is not the right decision for everyone. If you are not in a financial bind, do not need to leave your home quickly, or do not yet have a new place to live, you may decide to sell your home through a real estate agent. However, if you need cash in hand as soon as possible so you can transition to your next living situation or to pay off a debt, you may want to look into the cash buyer solution.
Finding the Best Place to Sell My House Fast for Cash
If you do decide to sell my house fast for cash, it’s always best to look for a professional company that specializes in this process. Look for companies that have good online reviews, professional websites with complete information about them, and good reputations in your area.
