If you’re saying “sell my home fast for cash”, you probably want to know how to make the most money you possibly can off of it. You’ve probably also heard about a cash for homes sale. The real question here is, though, are cash for homes sales a good thing when you’re trying to sell your home, and will they net you as much money as using a realtor or an auction would?
Definition
A cash for home sale is a sale where a buyer wants to purchase your property with actual cash. Instead of taking out a loan or finding another way to pay, the buyer has the money in-hand and ready to hand over to you at that very moment.
The Great Part of a Cash For Homes Sale
The best part of a cash for homes sale is that the buyer isn’t going to fall through- they’ve already got all the money they need to buy your home. The fact that the buyer already has the money on-hand also means that you’ll have a faster closing time, and you’ll be able to move on from that property sooner rather than later. With a cash offer, there are fewer things to do as you close- from writing contingencies to appraisals, everything gets a little easier without a mortgage lender breathing down both you and the buyer’s necks. Some things, like the aforementioned contingencies and appraisals, might be entirely removed from the schedule depending on you and your buyer’s wishes.
The (Few) Downsides
But, sadly, there are a few downsides to selling your home to a cash buyer. You won’t earn as much money as you might have with a realtor- but at the same time, if you get stuck with a bad realtor, they can sink you more money than a cash buyer would’ve ever dreamed of. And that’s really it! The money is the biggest drawback from a cash home buyer, and even that is negligible- you’d lose the same amount of money between realtor fees and unnecessary repairs.
Selling To A Cash Buyer
When you sell your home, you want to make sure that you’ve got the best deal possible for your property. Sometimes, that may be easiest when you work with Rapido House Buyers. We buy houses in Modesto, Stockton, and even Sacramento for cash, and will always buy a house in as-is condition. This can save you money in the long run, and also ensure that you get the most money out of your home. When you’re saying “sell my house fast for cash,” the only place to turn is Rapido!