Selling your home is a confusing process, especially if it’s still your first time doing so. There are a lot of options out there when it comes to the method of selling your property. You can hire a real estate agent or complete the process yourself. One unique option many sellers choose is to sell their home to a cash buyer. Here are a few reasons why.
The Sale Goes Much Faster
Cash sales are completed much faster than those using financing. This is because many of the steps associated with procuring the funds are eliminated. You will receive the funds within just a few days of accepting an offer with a cash sale. Just be sure to verify that they have the funds available to make the purchase before agreeing to the deal.
Fewer Complications
Cash purchases are far less complicated than traditional home purchases. When a person decides to buy your home in cash, they usually agreeing to purchase it as is. They may be buying your home as a fixer-upper to flip it or just be trying to purchase a home in your market as fast as possible. Either way, it doesn’t matter to you. What is important to you is that you are selling your home for a price that you agree to as quickly as possible.
Bigger Margins
Selling your home for cash means you get to keep more of the money. Often, the sale is done without a real estate agent, so those fees are completely eliminated. These fees are usually around 7% which equals thousands of dollars when you are selling something as high value as a home. A cash sale also eliminates appraisal, closing, and inspection costs.
Reliability
With a qualified cash buyer house sale Portland company, you know that they have the funds they are offering you, meaning you are going to get the funds they are offering. There is always the chance that a traditional buyer is going to be denied for the loan they are taking out to buy your home. This is not part of the risk when you sell to a cash buyer. The speed of cash sales also means they can’t change their mind at the last second before the sale is considered final.
If you are thinking about selling your home, consider selling your home to a cash buyer house sale Portland company. The process is much easier, and you may even end up with more money in the end.
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