Regardless of the reason, when you are selling your house, you may want the transaction completed as quickly as possible. People sell their homes for many different reasons. Some are work related and others are based on financial considerations or perhaps they’ve outgrown their home. Whatever the reason, the quickest process is usually the preferred process. For those selling due to financial concerns, the best solution is one that does not incur any further expenses. Selling to cash home buyers in Phoenix is that solution.
There are valid reasons to sell to a cash buyer:
Cash buyers can close the deal fast. Once you and the buyer agree on the price, it takes only a few days to close. This is far different from a sale that involves buyer financing. Those deals can take weeks to close.
No Extra Costs Involved
When a house is listed with a realtor, it is expected the property will be in good condition. When you sell to a cash buyer, “what you see is what you get.” You are not expected to put any money into repairs or upgrading. It is not necessary to have the home inspected, nor do you have to stage the house before showing it.
In many cases, cash buyers repair the house and instantly resell it. In other cases, the house is repaired, modernized, and used in a rental portfolio.
When you sell your house for cash, you get to keep all the money. The buyer does not deduct commission or fees. This is something that a conventional realtor does. As there is no need to involve others, the chances of the deal falling through are remote.