The Merits of Selling a House to Cash Home Buyers
In case you have more than one house, but in need of a large sum of money the best way to go is to sell the one house. Real estate firms that can help you sell your house or buy your house directly are flooding the field. The challenging part will come when choosing the best real estate firm to sell the hose to in the field. It is better to sell your house to cash home buyers, and this article gives the following reasons.
As their name suggest, cash home buyers buy homes fast and in cash. Therefore, the first advantage you will enjoy if you partner with them is that you will get paid fast and in cash. With other realtors, your house will have to be listed in the market, and will be sold only if an interested buyer shows up. This can take a long time before you cannot tell when a buyer will show up. But, with cash home buyers, the process of buying the house is fast and is done in cash because they are the buyers.
Another merit of selling a house to cash home buyers is that there is no commission that is deducted. An important thing that you should know is that when you sell your house through real estate agents, upon selling the house, a commission of 6% is deducted from the house value. This is not the case with cash home buyers, because they charge no commission. If you sell your house and a commission of 6% is deducted, the seller will run a loss because he or she will get the money that is below the market value of the house. But if you sell your home to cash home buyers, you will get all the money that your house is worth in the market.
The other merit of selling a home to cash home buyers is that they will buy the house in any condition The first thing real estate agent will tell you to do to make repair if your house needs some renovation before they list it in the market. If the house needs repairs, they will not accept it unless you make all repairs. But cash home buyers will buy homes in any condition whether it needs repair or not. Provided you have come in an agreement on selling price, cash home buyers will proceed to buy the house in any condition.
These are the advantages of selling a house to cash home buyers in the market.