Years ago, most people would’ve scoffed about the idea of selling their homes to a house-buying company. However, it’s become more commonplace today. In fact, more than 40% of all house sales were processed through cash home-buying companies as early as 2014, according to CNN Money. If you need to sell your house and can’t wait for a real estate deal to transpire, it’s advantageous to talk to a legitimate homebuying company. Here’s why.
Simple Process
With most we buy homes deals, you either call a house-buying company or fill out a short form on its website. After that, a representative from the company will visit your home and do a walk-through. If the firm is interested in your house, you’ll likely receive an offer within a day or two.
Quick Sale
When you sell your house through a real estate agent, it can take three to six months or longer. You’ll also have to wait for the typical buyer to get financing. When you sell to a house-buying company, you can complete the sale of your house as early as a week later.
Fair Cash Offer
A company that offers Buy My Home For Cash will usually pay cash for your house. This gives you a prime opportunity to pay off any lingering debt or even finance your kid’s college education.
No Hidden Fees
Conventional home sales can eat up 10% of the selling price of your home. This is provided you’re paying 6% to a real estate agent and 4% for closing costs. On a $200,000 home, that’s $20,000 you’re losing. You can forego these expenses when you sell to most house-buying firms.
Excellent Track Record
Well-established homebuyer companies that run we buy homes ads have superior track results. That means they genuinely help their sellers out.
Accepting an offer from a reputable house-buying company will eliminate the need to finance a smaller home or condo. You’ll have the cash to consummate the deal.