Benefits of a Cash Home Buyer

Got a house you’re looking to sell? Want to sell it quickly and with as little stress as possible? Then working with a realtor may not be your best bet. While listing property through a real estate agent might be the most well-known and traditional way of selling a house, that route can be expensive, long, and drawn out. If you want to sell quickly and without all the hassle, working with a cash home buyer is the only way to go.

Why exactly is this type of buyer a better option than working with a realtor? Here are five benefits of selling your home to a cash home buyer.

No Realtor Commissions or Additional Selling Fees

When you sell your house with a realtor, you’ll end up forking over 5%–6% in commission fees when the sale closes. On top of that, you’ll also have to pay closing costs, transaction fees, and perhaps a few other fees too. When all is said and done, you could end up giving away 10%–15% of your home’s total sale price in fees.

So if you sell your house for $265,000 with a real estate agent, you can count on waving goodbye to $26,500 to $39,750. That’s a whole lot of money to spend — especially when your goal is likely to make money off your property.

When you work with a cash home buyer, none of those fees apply. The offer the buyer gives you reflects the amount of money you’ll take to the bank. No commissions, no closing costs, no unexpected fees whatever.

No Waiting for Mortgage Approvals or Fielding Flaky Buyers

When you sell to a traditional buyer via an agent or even through for sale by owner (FSBO), chances are your buyer won’t be paying with cash. Instead, they’ll have to qualify for a mortgage and get approved, and that process isn’t always straightforward.

In some cases, mortgage arrangements fall through, and in others, buyers back out of the deal at the last minute. Either way, you’re left waiting and standing around with empty pockets that are looking to get filled. When you work with a cash home buyer, none of that is even a concern.

The buyer will make you a fair cash offer for your home after assessing its value, and if you choose to accept, you’ll be paid in cash. No mortgages, no flaky buyers, and no waiting around only for a deal to fall through at the 11th hour.

Fast Closing Process

When you work with a cash home buyer, the closing process can take as little as a week or two, depending on your needs. When you work with a realtor, expect to wait 30–45 days, perhaps even longer, for the closing process to wrap up.

If you need to sell your house quickly and close quickly too, working with a cash buyer is the only way to go.

No Professional Appraisal Required

When you sell your house to a cash home buyer (aka a real estate investor), the investor will not ask you to pay for a prepurchase inspection or have a professional perform one either. Rather, the investor handles the entire process in-house.

Before making an offer on your home, the buyer will visit your property to perform a brief walkthrough. This walkthrough allows the investor to assess the condition of the house, the layout, the property, and any other details that impact the house’s fair market value.

As an experienced real estate professional, you can count on the buyer to give you a fair assessment of your home’s worth in as-is condition. And that assessment will naturally be reflected in the offer the buyer extends.

Homes Sell As Is

No matter what kind of house you own, chances are a cash home buyer can make you an offer for it. As real estate investors, these types of buyers purchase properties in virtually any condition with the aim of rehabbing them, improving them, and then selling or renting them to make a profit.

Even if your house is facing condemnation, there’s a good chance a cash home buyer will be willing to take it off your hands.

Want to Sell Your House Fast? Contact We Buy Houses Cincinnati for a Cash Offer!

If you’re looking to sell your house quickly, don’t hesitate to get in touch with our team at We Buy Houses Cincinnati! We love helping local homeowners with their real estate needs and are here to help you too!

To learn more about how we work or request a cash offer for your home, give us a call today or contact us online, and we’ll get in touch with additional information!