Has your home been lingering on the market longer than you’d like? Are you tired of keeping it clean and presentable for showings? Do you feel like your real estate agent is taking an eternity to find a buyer?
You can avoid such scenarios by selling it to a cash home buyer such as Christopher Ellyn Homes – an accredited and reputable firm in Indianapolis. You may also explore their website at https://www.christopherellynhomes.com/we-buy-houses-indianapolis/ to learn about the process of selling your home quickly. Meanwhile, let’s discuss how cash home buyers can benefit you.
1. No Need for Repairs
Some homeowners intending to sell their properties don’t have the funds to invest in significant repairs. Besides, they could be trying to dig themselves out of a financial hole, and the last thing they want is to incur more costs.
But unfortunately, real estate agents may try to convince you to renovate your home so it can sell faster. Plus, most buyers prefer turnkey homes that are move-in ready. And, oh, for a lender to approve a mortgage, they’ll need to inspect the home and ensure it’s up to par. As such, it’s unlikely they’ll want anything to do with a property that has seen better days.
Fortunately, cash home buyers don’t require homeowners to make repairs. They typically buy properties in their current condition. Sure, their offer is usually lower than what you’d get on the open market – if the home is in good condition. But what do you stand to lose if you don’t have funds to repair it or need cash quickly?
2. Quick Closing
Selling your home through traditional channels involves the usual rigmarole of prepping it for sale and dealing with finicky buyers. Thankfully, a cash sale allows you to close in a jiffy without the hassle of staging, cleaning, listing, or hosting endless open houses.
And let’s be honest, who wants to negotiate with an endless stream of buyers? Nobody, that’s who! Plus, you’re not left twiddling your thumbs and relying on mortgage underwriting, which can take up to two months or more. You also avoid the possibility of a deal falling through if a prospective buyer’s loan application fails.
Besides, if you have to make significant repairs, such as replacing the roof, it could cost you a tidy penny, not to mention take up time, a luxury you may not have. Did someone say headache? Avoid it all and talk to a cash buyer – the ultimate, breezy solution for a quick sale.
3. Less Stress
Selling your home may quickly become a stressful experience for many reasons. Take the case of dealing with an unprofessional agent, for instance. If their lack of experience in the market causes your listing to expire, you may be stuck in limbo – trying to decide your next move.
Plus, the entire sale process could drag on and on, causing mental anguish and, in some cases, financial problems. For instance, if foreclosure is looming, then the last thing you need is a lengthy process.
And have we mentioned the rest of the annoyances of taking the traditional route? Well, you constantly have to clean the home because apparently, buyers don’t want to see a stray sock on the floor. Then, there’s the dread of appraisal day when you must beg your clutter to disappear magically.
What about open houses – when you pretend you don’t live in your home while strangers fist bump your pillows? Plus, you’re always on edge waiting for the next offer, wondering if it’ll be good.
Cash home buyers help you dodge these and more stress-inducing obstacles. In other words, opt for a cash sale for your peace of mind.
4. Saving Cash
A cash sale can save you money in the grand scheme of things. Whether it’s from paying commission fees or making repairs, cash buyers can help you keep more of the proceeds from the sale.
Think of it as skipping the line by avoiding all the hidden costs of a traditional home sale. Say goodbye to appraisal costs, processing fees, agent commissions, loan fees, repair costs, and credit checks – all the fun stuff!
Provided you get a fair offer, you stand to gain since you don’t have to cover any of the abovementioned expenses. Besides, some buyers may offer to cover closing costs, potentially helping you save more Benjamins.
Consider a cash sale if you’re in a bind or need cash quickly. As this post clearly illustrates, the benefits are aplenty. In short, say adieu to traditional sale woes with money in hand.