Are You Faced With A Foreclosure? Learn About 5 Reasons Why You Should Consider Selling To A Cash House Buyer

It can be an exhausting, time-consuming, and daunting process to sell your home.  With our hectic and busy schedules these days, it can be difficult to time the money or time to hire a realtor who can handle all of these details, get the house prepared for sale, and handle all of the long days of getting the house displayed. 

If you would like to speed the process up, and sell your house fast in Tampa, selling for cash is an excellent way to speed yourself past all of the hassle and stress. It is stress-free to move and to help ensure that your home is placed on the market as quickly as possible. 

Ideally, all cash investors will get your home fixed up and get it placed on the market for sale so that you can avoid all of the hassles of having to do costly repairs and list your home on your own. Ideally, a cash buyer will buy your home at a reasonable price exactly as it is. 

If you are faced with foreclosure, it can truly be a lifesaver to sell your home quickly. When an investor offers you a reasonable cash offer, you can conveniently and quickly sell your home. 

So whether you would just like the process of selling your house to be stress-free or are looking for quick cash, there are many benefits to selling your house for cash. If you have not sold your home yet, check out our discussion below of the main advantages of selling your house for cash. 

1. Fewer Sales End Up Falling Through 

Cash sales eliminate the very familiar process of accepting an offer and then at the last minute losing the buyer when they discover they are unable to qualify for a home loan. However, when an investor is passing the cash along, then normally there are no last-minute cold feet or backing out. Usually, cash sales close on average in 1 to 3 weeks, compared to the typical 4 to 7 weeks that are needed to close a conventional sale. Also, typically cash sales are done on an as-is basis. There are also usually no repainting or major repairs that are necessary.  

2. You Get to Keep all of the Money 

You don’t need to hire a realtor whenever you sell your house for cash. There are no closing fees that are associated with traditional house selling. You are selling directly to the buyer when you sell your home, and that ideally bypasses all of the fees that must be paid to third parties. That means you will be able to keep the total amount of money that you are offered, which can save you thousands of dollars that you would normally need to pay in commissions to your real estate agent.  

3. Sales Occur Quickly 

One of the major attractions for homeowners, particularly those who are faced with foreclosure is that their house sale closes very quickly. You don’t need to wait for your real estate agent to inspect your house or host a multitude of open houses until somebody is finally interested. 

Even better, you don’t need to wait for a bank to approve a loan for the buyer. With just a few days or weeks after contacting a cash home buyer, you can get rid of your house and have cash in your pocket. That can be very useful for homeowners who are in need of fast cash, or people wanting to get rid of their home quickly due to a divorce, emergency, or another reason. 

4. No Repairs are Necessary 

When going the conventional route, you need to ensure your home is HGTV worthy. When you go the alternative route, you don’t have to worry about interior decorations, restorations repairs, and deep cleanings – you won’t need to change anything to prepare your house to get it sold. 

When you work with a cash home buyer they will be purchasing your house as-is, and they will fix it up on their own. In addition, they will not be put off by a bad paint job or damage. You also don’t have to worry about getting less money due to the way your home looks. Mainly the buyer will focus on the value of the actual property and not how it looks. If you don’t have the money or time to get your house repair before putting it on sale, then the best option for you may be to sell it for cash.  

5. It Is A Straight-Forward, Simple Process 

All it takes is a phone call to get the process of selling your house started. Speaking to a cash buyer on the phone will allow them to get some basic information on your house and what its potential value is. They will look into the neighborhood’s background, the property’s value, and the surrounding properties’ value. 

After that, the investor will go out personally to view your property on a pre-scheduled home visit. They will either give you an offer immediately or contact you within 24 hours to give you a rough estimate of what can be offered. 

The sale will be able to proceed if you are satisfied with the price. The sale can be closed within about a week, normally at an attorney’s office in order to protect both parties’ best interests. 

Final Thoughts

There are numerous benefits to selling your house to a home cash buyer if you are faced with foreclosure. It is hard to beat the value, speed, and convenience that are associated with selling your house for ash. 

Are you wanting to sell your house fast in Tampa? If so, call us or fill out our form below. We will be very happy to guide you through each step in the process along the way.

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