Sell Your House For Cash
How to Sell My House for Cash
Selling a House to a Cash Buyer
When you sell a house to a cash buyer, the process usually goes something like this:
- They will evaluate your house against a set of criteria they have for buying homes. If your home meets their criteria, they’ll make you an offer.
- Usually that offer is somewhere around 20% below market value. If you accept the offer, the transaction can close very quickly, sometimes in as little as seven days, and you get your money in cash.
- The benefits are, you get a fast sale, you get cash quickly and don’t have to wait for a lengthy closing period, you won't have to do any renovations, and you can usually leave anything you don't want in the house.
- Whatever it was that was pushing you to sell quickly, divorce, financial issues, health issues, relocation, can now be dealt with.
The downside to selling your house for cash
When you are selling your house to a cash buyer, you will always get less than your house would get selling it on the open market, through a realtor or on your own.
The reason being, the investor needs to be able to turn around and sell your house and still make a profit after any work that needs to be done.
You can be certain, though, that if there is an industry built up around the idea of buying houses for cash there is money to be made in reselling them. So, the question you need to ask yourself is, why don’t I take that extra money for myself?
With our Property Concierge program, you can do exactly that.
Alternatives to Selling Your House As Is for Cash
Talk to your bank about tapping into the equity in your home in the form of a second mortgage or line of credit. Interest rates are at historic lows right now. This can give you a lifeline to get your house on the market and sell it for full value.
Consider renting your house and moving into a cheaper rental yourself. It can become an income-generating property for you.
Consider our Property Concierge program. We’ll evaluate your house, identify the renovations and touch-ups that will deliver the biggest return, and we cover the cost until we sell your home.
That means no upfront costs for you and more profit when you sell. Our renovation experts get the job done fast, too, so you don’t waste months waiting for work to be done so you can get your house onto the market.
Contact us today to get a free consultation
Still Want to Sell Your House for Cash?
Like we said, we do that, too, under the right circumstances. Let’s talk and we can give you a clear idea of what you can get if you sell your house for cash and make the deal if it fits our criteria.