If you’ve ever seen an advertisement for a cash home buyer, you’ve probably heard that they claim to buy homes faster than any other kind of buyer. You might wonder if they can really close on a house deal as quickly as they claim. Here are a few of the reasons why cash buyers can purchase houses so fast.
Get a Cash Offer in 24 Hours
First of all, cash buyers will help you to get a cash offer within 24 hours. When you’re selling your house on the traditional market, you’ll usually have to spend weeks (or even months) listing and advertising your house. Your listing efforts can start to add up and get quite expensive, especially when your ideal buyer doesn’t seem to appear as soon as you want. Your cash buyer might find your house through your listing, or you might find them through their advertisements. But once you connect, you’ll be able to receive a personalized cash offer within 24 hours.
Don’t Delay
Another reason why cash buyers can close so quickly on the houses is that they avoid a lot of the delays that happen traditionally. For example, home buying businesses, which are a type of cash buyers, always search to purchase homes that they intend to renovate and flip later on. This saves the homeowners from having to send a single second (or cent) on any repairs, cleaning, renovations, or inspections. Your cash buyer also won’t delay in paying you. They’ll have the full payment amount in cash which means that they won’t be waiting around for a loan or mortgage approval.
Close in 30 Days or Less
In all, most cash buyers can purchase a home in 30 days or less from the minute that they give you a cash offer to the final closing stages. Home buying businesses don’t even work with real estate agents, which will cancel out any commission costs and speed up the process as well. This could be so beneficial for you if you’re trying to move out of your house in a rush.
So, if you need to sell your house ASAP, remember that a cash buyer could be your best option. You’ll never be able to guarantee a timeline when you sell your house to a traditional buyer. Selling your house to a cash buyer will help you to sell your house just in time to move for your new job or to close on your new construction home.
Do you need to sell your house fast? Click here to get a cash offer from Shrubby, a home buying business.
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