Have you ever wondered if you’re spending too much money as you’re preparing your home to be sold? Selling your home for cash can help you to save significant time and money throughout the selling process. Here are a few details to help you to estimate how much money a cash home buyer could save you.
Receive a Transparent Cash Offer
First, selling your house to a cash buyer will help you to receive a transparent cash offer. This means that you’ll enjoy complete transparency when it comes to the amount of money that you’ll receive by the end of your deal. Your cash offer is calculated based on the value of your home, and your cash buyer will always give you their highest possible offer. Traditional buyers, on the other hand, will often try to lowball you by expecting you to pay for expensive repairs, closing costs, and more. The offer that you accept from a traditional buyer doesn’t truly reflect the amount of money you’ll be paid at the end of the deal.
Skip Repairs, Save Thousands
When you sell your house to a cash buyer, you’ll be able to save thousands of dollars on preparations. Most cash buyers won’t require you to repair your home before you sell it. Some cash buyers might want you to take care of some small, routine repairs and inspections. However, if you’re really trying to stick to your budget, sell to a cash home buying company. These companies will purchase your house as-is without any inspections or renovations. They won’t even require you to get rid of all of your furniture and belongings if you don’t want to bring some of them with you when you move. Skipping repairs will save you thousands of dollars.
Avoid Commission and Extra Fees
Finally selling your house to a cash buyer will help you to avoid the extra fees that always seem to add up when you’re selling to a traditional buyer. Traditional buyers often use real estate agents to help them in their buying process, which can mean lots of additional fees and expensive commission costs for you. Usually, real estate agents charge 5-6% of your house sale price as their commission payment. That could mean tens of thousands of dollars that you’ll save by selling your house for cash. Cash buyers, particularly cash home buying companies, never work with real estate agents. Instead, closing processes will be quick and easy, and you’ll be paid 100% of the cash that you were offered at the beginning.
So, if you’re trying to afford to close on your new home while you’re selling your current home, remember that cash buyers could save you tens of thousands of dollars in the selling process. Cash buyers will help you receive a transparent cash offer, skip repairs, save thousands, and avoid commission costs and extra fees. This will help you to better afford your new, dream home. Are you trying to stick to a budget while you’re selling your house? Save big by selling to a cash buyer! Click here to get an offer today from On Your Terms Homebuyer.
