Advantages of Selling Your Home for Cash

by | Apr 16, 2019 | Real Estate

If you’ve been through the gauntlet of trying to sell your home, it may be time to find a cash buyer. You can usually find these types of companies through classified ads or by searching the online yellow pages. The key is to do your due diligence to make sure the company is reputable. That being said, following are some key advantages of accepting cash for your house.

Instant Money

When you see We Buy Houses Austin TX ads, it usually means the company will buy your home for cash. This is money you can use to buy another house or condo, invest or use to take a dream vacation.

Quick Sale

It can take three months or longer to sell a house the conventional way. And that includes a lot of sweat and toil making your house presentable for potential buyers. A cash deal is usually completed in about a week.

Fewer Deals Fall Through

We Buy Houses Austin TX deals enable you to avoid the tire-kickers and looky-loos who have no intention of buying. Some may be just beginning their house search or looking for decorating ideas.

No Closing Costs

Home buyers usually pay between 2 and 5 percent for closing costs. So if you make a cash deal, you’ll be saving anywhere from $2,000 to $5,000 for a $100,000 home.

No Repairs

A We Buy Houses Austin TX deal means you can usually forgo the repair costs. Companies that offer you cash will accept the house as it is and expect a discount in return.

No Home Inspection

Home cash buyers will either fix your home up themselves when they buy it or use a contractor. But it’s very rare that these dealers would expect you to make repairs. It defeats the purpose of the quick sale.

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