Selling a house to a cash buyer is relatively new, but it’s growing in popularity for several reasons. It’s a secure and legal process of selling your home., and what’s more, it’s amazingly simple. Compared to the traditional way, a cash sale is easier and faster.
What You Do
The process of selling a home for cash involves almost no effort on your part. You don’t have to prepare your home in any way. You don’t have to worry about getting ready for home showings or open houses. There are no contracts to sign, no one to interview, and no obligations.
All you have to do is submit information about your house to the cash buyer. You can do this either online or by phone. They’ll want to know your address and basic information such as the number of bedrooms and bathrooms and the general condition of the house.
What the Buyer Does
With a cash sale, the buyer does all the work. Based on the information you gave them, the buyer will do an analysis of the house, the neighborhood, and the market. They may send out someone to view your house just to verify the information. They will view the house “as is,” meaning you don’t have to fix anything or clean up for them.
You will have a cash offer on your house quickly, within 24 hours in most cases. The amount you are offered is the amount you will get. There’s no commission or hidden fees to be subtracted.
How the Closing Works
After you accept the offer, you can close at your convenience. In some cases, you can close without days. The cash buyer will work with a title and escrow company to clear your title, arrange mortgage payoffs, and prepare closing documents.
The buyer is already funded and doesn’t have to secure financing. There’s no risk that the deal will fall through. At the closing you will sign over the deed, hand over the keys, and receive the cash.
Overall, the process of selling your home to a cash buyer is fast and hassle-free. There’s no commission to pay and no closing costs. It’s a good option to consider, especially if you need a quick sale or have a home in need of repairs.
Do you have a home in the Atlanta area that you’d like to sell quickly? Learn more at this link.
