A water heater, electrical panel or heating/cooling system might necessitate a costly update.
One of the quickest ways to sell a house is to go through a cash buyer. Cash sales are typically much faster than financed sales. In most situations, the time between accepting the offer and closing is less than two weeks. Getting an offer is as simple as filling out an online form and answering a few questions. When dealing with a reputable cash buyer, there is no obligation to accept. Homeowners need to beware of those companies that use automated valuation models to provide instant cash offers. While this can expedite the process, the offer is typically less than when selling to an individual cash buyer or investor. Plus, these massive companies offer no personalized attention and frequently sell leads. The seller can then expect to get hassled by numerous companies. The best way to sell a house for cash and ensure a good price and positive experience is to choose a local, privately-owned company. It’s a good idea to verify their experience and track record. Cash buyers allow homeowners to bypass the very lengthy and involved process of working through a real estate agent. The home can be sold as-is. Because there is no financing, there are no worries over passing a home inspection. All too often, home inspections turn up very expensive surprises. A roof that is only a few years old might need to be replaced. A water heater, electrical panel or heating/cooling system might necessitate a costly update. There are all sorts of safety requirements and building codes that can require the installation of railings, fences, door locks, smoke detectors and assorted investments. All of these home improvements cut into the profit from the final sale price. There are also significant realtor commissions, often adding up to six percent.