Statistics show that the preference for cash sales has increased in the current market where buyers are competing for the best offer.
Are you looking to sell your home for cash? Does the idea of waiting for a buyer to secure financing add to your stress? How soon could your home be sold?
Keep reading to learn more about the benefits of selling a home as is.
Selling a Home as Is Means No Repairs
Does your home need a new roof or septic system? Normally, you would need to address these items before completing the sale of the home.
When you sell a home as is, you don’t hold the responsibility of needing to fix those areas before the new buyer takes possession. Not having to make repairs means that you will get to pocket more of the profit made from the sale of the home. This can be important if you will be using the cash to purchase a new home and can put more money down as a result.
Cash Offers Speed Up the Sale
Another benefit of a cash home sale is that it is quick. Instead of having to wait days for lenders to approve your potential buyers, you can sell it to the first person that makes the cash offer.
The lack of waiting time is attractive to people because it allows you to move forward quickly and not spend too much time trying to sell the home. If you have already committed to a new location, it allows you to move there quicker than you would with a different home sale process.
Try searching online for “cash offer for house” to find a home-buying company that offers this option near you.
Fewer Showings
When you are selling a home as is, there is less focus on the features of the home and the tiny details. Due to the fast process, there may not even be an official open house for the property.
This can be an advantage because you won’t have to worry about staging the home or clearing your schedule to manage the different times your real estate agent will be stopping by with interested buyers.
Studies show that the average home is shown 10-25 times before a sale. Cutting down or even eliminating the showings can help to shorten the sales process, along with the preference for a cash offer. Expressing your vision to the team you are working with to sell your home can ensure that they don’t book new showings when there are legitimate offers already on the table for you to consider.
Sell Your Home Today
Now that you have read more about the benefits of selling a home as is, you can move forward in the process of selling your home today. This could be an exciting outlook for those selling a fixer-upper that would typically be harder to market.
Keep exploring our website to read more helpful articles like this one.
