When you’re selling your home in Modesto, you want all the options, fast, and part of those options are considering a cash buyer. But you need all the facts before you sell your Modesto home quickly for cash– and with this brief rundown of how a cash buyer works, you’ll be all set for the profits to roll in.
So Why Should You Choose a Cash Buyer?
There are a lot of different reasons you should choose a cash buyer, but the biggest one is that it saves you money! If you’re pressed for time or close on cash right now, you don’t have to worry about hiring contractors, getting an agent, or paying off those Modesto mortgage payments- you can just sell off your home to a cash buyer!
Paying For A Cash Buyer
This is where a lot of sellers get nervous with cash offers, though- if you sell your home to a cash buyer, what costs do you have to pay? As it turns out, not many. Most of the costs you’re expected to pay, you don’t have to. Almost all of them are negotiable, but some are better to pay for your buyer than others.
- Appraisals
If you’ve got a mortgage on your house, it’s likely that you’re going to have to get it appraised. It’s common courtesy to pay for the appraisal, so that your buyer will know whether or not they’re getting their money’s worth for your home.
- Property Inspection
Similar to appraisals, your buyer will probably want a property inspection done before they hand over any money. It’s generally considered the right thing to do to pay for the property inspection, so that your buyer will know whether or not they want to pay cash for your house.
- Title Search
A title search is just checking whether or not a lien or other claim was placed on your property. Paying for this shows the buyer you actually care about the deal, and once it’s done, you’ll just have legally shown that you own the property you’re attempting to sell.
- Closing Costs
You don’t have to pay all of the closing costs, but it’s viewed as nice to negotiate different portions of them between you and your buyer. You could even negotiate so that you have to pay less of them than the buyer- but that’s something you’d need to talk out with them.
When you’re trying to sell your Modesto home, there are a lot of different reasons you should look at selling to a cash buyer. But one of the biggest is that it’ll just flat out cost less. Make the right choice for your financial situation- sell your Modesto home fast to a cash buyer!