While the most common reasons for selling your home to a cash buyer is the need for quick cash, there could be several other reasons for doing so. Maybe you are facing foreclosure, going through a divorce or simply want to sell a piece of property that you recently inherited. Everyone has their reasons and, in any event, you will have to evaluate your current situation and determine the amount of time you have to work with. For example:
- Do you have time to do some time to renovate and repair or would you be willing to accept a quicker sale to a cash home buyer?
- Do you need to sell immediately or do you have time to explore your options?
Be sure to give some thought to these things and only proceed with the cash purchase option if you’re comfortable with the idea.
Condition of Your Home
If selling your home quickly is your only option, be realistic. One factor that influences the sale of a home in its current condition. During the time you have lived in your home, has it sustained wear and tear? Some issues may have been put off for some time such as broken floor tiles, leaking pipes, peeling paint, etc. On the other hand, some may be more labor-intensive or require emergency repair and must be corrected before putting the home up for sale. The majority of buyers would not be interested in a property that needs repairs as it is both labor intensive and expensive.
Certain repair-related issues will deter prospective buyers from making you an offer or meeting your asking price. First, the list of repairs could scare off a large percentage of buyers, some of whom may have cash in hand. Some buyers may be anxious or in a hurry to buy and won’t want to look at properties in need of repairs. Second, those who are interested may use the condition of your home as a negotiating tool and not be willing to meet your price. So, you have two choices – do the necessary repairs or sell your home “as-is” to a reputable home buyer like Homeinc.
Benefits of Selling Your Home “As-Is” to Homeinc
Compared to taking the traditional path, taking the non-traditional path with Homeinc provides an array of benefits:
- Less risk for the seller
- No repairs required
- No showings
- No appraisal required
- No back-and-forth negotiations
- No commissions
- No closing costs
- No need to pass a home inspection
- Quick closing process (you can close within 7 days)
- Work with Licensed Professionals
You will find that selling your home to Homeinc is both convenient and stress-free. To learn more about the benefits of selling your home to Homeinc, call or text us today at (888) 850-2636.