Reasons to Sell Your House to Direct House Buyers With Cash
Is your house in bad shape that you need to sell it, but you want to avoid the expenses of repairs? Direct house buyers with a cash offer the following benefits too aside from the one mentioned above.
You will incur considerably low expenses when dealing with a cash home buyer. The cash home buyer will not request a home inspection report or ask you to advertise the home because once you get in touch with them, they take care of inspection costs. The realtor needs you to advertise the home through posters and their website for some time which adds extra expenses that will cut into the money that you get after selling the home.
These professionals will take less time and charge you less to complete the documentation of your home that are vital for the transaction unlike when you do it yourself.
Selling a home for cash is more profitable than using realtor. The realtor earns a significant percentage from the total earnings of the home. If you have an emergency, using a realtor can leave you begging for more money because they deduct thousands from what you generate from the house.
There are no complicated legal procedures, and few legal documents are needed to sell your home to a cash home buyer unlike selling the house through a real estate agent. Selling the home to a cash buyer is less stressful because of the straightforward legal requirements that you should meet but ensure that both parties meet them for the transaction to be valid and legal.
There are no banks and other third parties in this transaction because the cash home buyer does not rely on loans to buy your house. A realtor will target home buyers who need to be financed by mortgage providing financial institutions like banks. The transaction between you and a buyer who needs mortgage will take longer because you will have to wait until the buyer completes the paperwork and gets approved by the lender. Cash home buyers do not delay payments or take time to close the deal because they already have money in their account that is transferred to you immediately you sign the agreement of sale. A cash home buyer who insists on paying you in installments can be a scammer.
The cash home buying company is flexible enough to use any secure payment method that the seller suggests. Do not accept to be paid in cash because that is too risky for you because either thieves will hijack you or some of the notes and coins will be fake. Use electronic money transfer payment methods like bank wiring because they are always safe.
You will be free of worries of the cash home buyer backing out on you at the last minute because these investors are serious with what they do. A buyer from a realtor can promise to pay for the house but fail to meet the qualifications for a mortgage in the end.