Selling Your Home To A Cash Buyer: What To Expect

If you’re a homeowner and you’ve recently experienced a divorce, death of a spouse, bankruptcy, sudden job relocation, or other unforeseen event, you may find yourself in a position where you need to sell your home quickly. Selling traditionally through a real estate agent could take months, especially if your home needs repairs, upgrades, or renovations to be attractive to potential buyers. If you don’t have the time and money to list traditionally, you have another option: selling to a cash buyer.

Here’s everything you can expect if you make the decision to sell my home for cash and how to decide if it’s right for you.

You Start the Process by Requesting an Offer 

You may be asking the question, “What’s the first step when I decide to sell my home for cash?” That’s an easy one: you simply fill out a form to request an offer. No need to do pricey upgrades or even clean out and stage your home.

Many cash buyers will purchase a home as-is no matter its current condition. After you fill out the form, the staff at the cash-buying business will schedule a free consultation so they can learn more about your home including when it was built, any renovations that have been performed, and its condition. 

The Process Continues with an Appraisal 

After your consultation, a certified home inspector will come out to your house at a time that works for you. The inspector’s entire job is to determine the condition of the home to help the cash buyer make a fair and appropriate offer. He or she will not make you perform any repairs or updates. 

You Will Then Receive a Final Offer 

Once the staff at the cash-buying company has completed their evaluation of your home, they will send you an offer. There is no negotiation over this price as they have made their top offer based on their own proven formula.

If you would like, a representative will go through the offer with you to show you how they arrived at the number. It is your choice whether to accept the offer and proceed or reject the offer and look for another way to sell your home. If you decide to accept the offer, you will move on to the next step.

Choose a Closing Date That Works for You 

Once you’ve accepted the offer, you can choose a closing date that works well with your schedule and goals. While most of those who sell my home for cash choose quick closing dates, others prefer to choose a date that is further out so they can find a new home, prepare to move, or accomplish other important tasks. If you need to close quickly, the entire process of selling your home to a cash buyer can usually be completed in under two weeks.

Sell My Home for Cash: Is it the Right Move?

If you don’t want to spend the money to get your home prepared for listing, pay a commission to a real estate agent, and deal with staging, open houses, and negotiating offers, you are likely a good candidate for selling your home to a cash buyer. Reach out to a reputable company today to get the process started. 

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