And How Do You Know if it’s Right for You?
If life has thrown you an unexpected curveball and you suddenly find yourself in an extremely uncomfortable situation, you don’t have to feel trapped just because you have a mortgage. These days, you have several different options to consider. The real estate industry is almost always a solid, worthwhile investment, even if the ROI is slower than we’d like – we’re still in the black, and we now have equity.
Unforeseen Circumstances
However, sometimes plans change due to unforeseen circumstances, and for various reasons, we may need to look into selling that asset. If you’re trying to explore your options on selling your house, and want to know, how do you sell your house fast for cash? That’s what we’re here today to answer, as well as to explain your choices and give pros and cons of each.
Different Ways to Sell Your Home
Nowadays, selling your house quickly, if you so choose, has become a “thing”. Besides using a home buying company, there are iBuyers to sell your home online, house flippers, and real estate investors of all kinds – all competing to get a piece of the real estate market. Multiple different factors determine what kind of cash deal you can get. A cash offer will be at a discounted price from fair market value. In return, you get a speedy sale that’s completely hassle-free.
Traditional Sale
To sell your house on the open market, the sale process is time-consuming and expensive! You have to be able to spend money to sell a house, on everything from giving it some curb appeal, to major repairs which will be required by the house inspection. Because traditional buyers, 99% of the time, will need conventional financing – which means a lender, of course, will be involved.
Lender Involvement
What many people don’t realize is, the closing process only takes so long because the lender requires things like a professional home inspection, extensive credit checks, earnest money (sometimes), and an official appraisal. All of these things take time, and that’s not include any repairs necessary. A mortgage loan is much more difficult to get than any other loan.
Real Estate Agents and Commissions
When having a traditional home sale, another significant cost is the real estate agent. The thing is, many sellers don’t realize part of their closing costs are going to be a 6% (on average) commission fee, which pays the buyer’s agent also. The two agents typically split the 6%, but if one or the other does not use a real estate agent, then the other agent gets the full 6%, so you’re not going to get out of the expense.
Additional Monetary Concerns
In addition, there could be staging costs, professional photos, listing fees, etc. Personal time and energy should be considered as well, as you’ll need to do some deep cleaning for the inevitable open houses and showings you will need to host. At your closing date, you could be presented with the request for additional seller concessions, through the buyer’s representative or agent. Be prepared for what you will say.
Individual Cash Buyers
Another thing to remember for potential buyers: why not save up even more than earnest money? Cash purchases actually save money because you will avoid paying interest, which ends up being a huge chunk of the total amount you pay over a 30-year cycle.
Plus, when you pay cash for real estate, a cash offer is typically given preference over other offers. This enables some negotiating room for a cash buyer to not only offer less of a purchase price but request other possible seller concessions, as well.
Sell Your House Fast – Kansas City / House Buying Business You Can Trust
By now you’ve surely realized that this post was written for our company, but unlike some other house flipping businesses, the information contained within all of our blog posts is always educational, and above all, accurate, whether you ever actually use our services or not. Sell Your House Fast – Kansas City, we are the cash home buyers who truly care about our clients! We are built on a foundation of integrity and reliability, so you can trust our advice in times of financial crisis and other stressful situations.
Providing Cash Solutions
Sell Your House Fast – Kansas City understands that there is a significant portion of the population who find themselves in a seemingly unsolvable financial crisis, at one point or another, and need to liquidate assets to a cash buyer. There are countless valid reasons why people actually need to sell fast. Here are just a few examples:
- Relocation – this can be necessary for a variety of good reasons, including a once-in-a-lifetime job opportunity in another state, a sick and/or dying relative who needs help indefinitely, in another state, or perhaps impending divorce.
Top Reasons for Cash Sales
Here are some of the top reasons why more people who need to sell quickly are choosing a cash sale from Sell Your House Fast – Kansas City:
- NO HOME INSPECTIONS = NO REPAIRS NEEDED!
- NO CLOSING COSTS!
- NO REALTOR’S COMMISSIONS!
- NO APPRAISALS NECESSARY!
- NO CREDIT CHECKS!
- GET YOUR CASH WITHIN TWO WEEKS, IN MOST CASES!
- WE BUY HOUSES IN AS-IS CONDITION, EVEN UGLY, RUN-DOWN HOUSES!
- FREE, NO OBLIGATION CASH OFFER AVAILABLE UPON REQUEST! SIMPLE PROCESS!
- CHOOSE YOUR OWN CLOSING DATE (IF APPLIES)!
As you can see, even though you might not get as much money for your home sale price as you’d planned or hoped for, you will get a very fast sale with minimal trouble for you. So contact Sell Your House Fast – Kansas City right here on this website, just go to the homepage and fill out the short contact form.
Get Your Free Cash Offer – No Obligation
A cash buyer will be in touch with you shortly to schedule an appointment to visit the property in person. At that time, the cash buyer will answer any questions you may have, and discuss your individual situation’s details. The representative will be prepared to make you a cash offer on the spot, of which you have absolutely zero obligation to accept.
