Advantages of Selling to a Cash Home Buyer

If you want to sell your house fast, the best way to do so is with a cash sale. We Buy Houses Lubbock is ready and willing to pay all cash for your home. Selling for cash speeds up the paperwork and other bureaucratic requirements necessary to complete the sale. Here’s a quick look at the many advantages of selling your house to a cash buyer.

Sell the House in Its Current Condition Without Improvements

Cash buyers want to buy the house as quickly as possible, meaning they probably won’t require that you make improvements. Though an inspection might be necessary, the house will likely be sold in its current condition without repairs. Selling a house in its current condition guarantees the sales process is completed as quickly as possible. 

A Fast and Flexible Sale

Cash deals close that much faster than noncash deals. Furthermore, there is more flexibility in terms of the nuances of the deal as there is no need to deal with a bank for a mortgage. If you want to sell your house fast, an all-cash deal is clearly the best way to do it. You won’t have to worry about mortgage applications, appraisals, approvals, the details of financing, potential employment changes, or the buyer’s credit rating.

Rather, the selling process will be streamlined so you can sell your home fast for cash and move on to your new digs without a lengthy wait. The buyer presenting the cash offer merely has to provide proof of the funds, typically in the form of a snapshot of a bank account balance or a letter from the bank. As long as this proof of funds is presented, the sale will likely be completed in less than a month. The date of closing merely requires the cashier’s check, deed, title, and a settlement statement.

Less Bureaucratic Costs

There is no need to worry about egregiously expensive fees and costs when you sell your home for cash. The closing costs won’t be nearly as expensive as a bank is not involved. Add in the fact that there are no lender fees, and there is even more reason to sell to a cash buyer.

Receive More Money by Selling for Cash Without a Real Estate Agent

Choose an all-cash offer, and you’ll be able to complete the sale without paying a fee to a real estate agent. Keep in mind, some real estate agencies require the seller to pay a fee upward of 6%. This means you have the potential to save tens of thousands of dollars by selling your house for cash without a real estate agent. Simply pay the remainder of the balance to the mortgage company, and you’ll be free from your mortgage for good after selling your home for cash. The rest of the cash proceeds from the sale can be put toward your next home purchase or stay in your bank account.

A Cash Sale Is More Likely to Go Through

Sell your house for cash, and it is that much more likely to go through. Choosing a cash offer eliminates the potential for the bank to back out of the deal after learning more about the buyer’s credit or finding the results of the appraisal disappointing. Add in the fact that accepting an all-cash offer ensures the buyer won’t back out during the waiting period that would otherwise be necessary with a mortgage, and there is all the more reason to choose a cash offer even if it is slightly less than offers backed by mortgages.

Sell Your Home Fast

Above all, the best reason to sell your house fast to We Buy Houses Lubbock is that you can close the deal without waiting months or even longer. The sale can be completed in a week or less. Though there is the potential for the process to take a couple of weeks, it probably won’t take an entire month. Compare this timeline to that of a mortgage that often takes several months, and it is that much easier to understand why more and more people are choosing all-cash offers.

We Buy Houses Lubbock Will Pay Cash for Your Home

Do you want to sell your house fast? We Buy Houses Lubbock will provide a cash offer. We make it easy to sell your house, regardless of its age or condition. Reach out to us today to get a cash offer for your house. You can sell your house fast by dialing 806-557-2220 or filling out our online form.