The Four Advantages of a Cash Offer on Your House
If you’re trying to sell your home, you need to be ready for a long process. Even in the hottest seller’s market you can imagine, selling a home is a complicated process. There are mountains of legal red tape to navigate, and that’s to say nothing of dealing with buyers, their banks, and everything else.
In the midst of all of that, there is something you can do to make the process easier and more manageable. You can sell to a cash buyer. This comes with a ton of perks, and you’re going to learn about the most valuable of those perks right now.
Reliability
Cash offers are much more reliable than other offers on a house. It’s a common story where you get a great offer, move forward with negotiations and towards closing, and then the offer falls apart. This is because traditional offers are based on loans. You need the lender to approve the deal, and that is rarely a straightforward process.
A cash offer does not require such third-party approval. The buyer already has sufficient cash to purchase your home. They made the offer they gave you because they are willing to pay that price right now. There is no back and forth. There is no waiting for approval. The cash offer is extremely reliable and never contingent on weird external factors.
Timing
One of the major issues with unreliable third-party approvals is that they slow everything down. If you want to sell quickly, cash offers take weeks out of the process. Sometimes, they can speed up a sale by months. While it can be difficult to time a traditional sale, cash offers are easily timed.
As long as you like the offer, you can close on the earliest date the buyer is willing to sign. In most cases, that will be sooner than you are ready to move out. This doesn’t require you to rush. It merely provides you with the freedom to time your exit from the home, and that freedom is invaluable.
Competence
While there will inevitably be some expectations, the general rule is that cash buyers know what they’re doing. Anyone willing to pay cash for a house is making a big investment (and clearly sitting on a lot of cash). They got that money by understanding the investment process and money management. Most likely, they invest in real estate on a regular basis.
The advantage to you is that they are not new to this. Their knowledge and experience expedite the process. They will tell you exactly what they need from you to move forward. Negotiations won’t hang up on ridiculous expectations. You won’t be stalled waiting for them to handle standard paperwork. You don’t have to worry that the money suddenly becomes unavailable to complete the sale or any other frustration borne of real estate ignorance.
In every way, selling to someone who is well versed in real estate saves you a lot of twists and turns and frustration. If you want a fast and easy sale, a cash buyer is always going to be your best bet.
Money
Let’s be transparent about this. Real estate prices are not standardized. They fluctuate a lot, and the amount of money you get for your house depends entirely on the offers people are willing to make. That applies to cash offers too.
But, cash offers come with a bonus. They allow you to skip hiring a realtor to sell your home. That means you also get to skip realtor fees, which are usually a substantial percentage of the total home sale. That saved money goes right into your pocket when you sell to a cash buyer. As long as you get a good cash offer, you’re coming out ahead financially when you go this route. Clearly, there is a lot to gain from finding a cash buyer. How can you get a hold of one? It’s easier than you think. We Buy Houses Las Vegas is a real estate investment company that regularly purchases homes in the Vegas area for cash. Simply fill out the contact form today, and you’ll be on the path to a cash offer. The whole process is incredibly easy. Once you fill out the form, you will be contacted for a walkthrough. After someone sees the house, you get a cash offer. The entire process is risk free, and you get access to a cash buyer for your home.