Are you planning to relocate because of your new dream job? Or
Did you recently inherit a property in another state? Or
Are you looking to buy a bigger house?
Whatever might be the reason to sell your house fast, get the money, and move on. A quick and sure way to do this is by selling your home to a cash buyer (but only to a reliable one).
This way, you can not only get offers fast but can also strike a good deal even during difficult circumstances. The cherry on top comes with the fact that you do not even have to make any repairs in your old house.
But before you start selling, when was the last time you sold something? A long time ago, maybe?
Well, you can still do it right. How?
By reading further!
This article helps you to understand how you can sell your house for cash and earn the maximum out of it. Let’s take a look at what all you need to know.
Know the Cash sale timeline
Though every sale is unique in its way, a general cash sale timeline has the following processes:
- The seller accepts the offer made by the cash buyer. He then takes 1-2 days to verify that the buyer has the funds to purchase the house.
- The money is moved into escrow until the deal is done and the title is secured. A title search is completed in about 3-5 days (longer times may apply due to COVID).
- An inspection is done if the cash buyer does not give up the right to it in their purchase agreement.
- The buyer verifies property value (this can be done via comparable, BPO, or appraisal).
- A final walkthrough is done for the buyers, closing the deal. It is a fast process as there is no mortgage paperwork.
Choose a Trustworthy Buyer
You want to be prey to a scam, do you? Some companies are waiting like hawks to attack you with their alluring deals. Beware of them!
Consider all your options, and do not settle with the first deal you get. Talk, research, and evaluate the pros and cons of every company.
Another point to note is even if a company feels legitimate, never pay any costs up-front. Mostly it is a common scam. It is advised not to pay an application fee or even apply for anything.
Sole Source is a reputable company that is in the business of selling homes for cash for a long time. We help people get the most satisfying deal based on trust and reliability.
Want to sell us your home? Feel free to contact us anytime.
Know your House’s Value
When it comes to selling your house, you might have an emotional value attached to it. But to get cash for it, you ought to know the price range of how much your house is worth. You can explore different websites that give you an estimated price for your home. This helps you make an informed choice.
A home buying company generally offers you a price that lies in the lower range of the spectrum. It is so because they leverage their ability to buy your house fast, giving you instant money. With appropriate negotiations, you always have a win-win deal with them.
With everything coming with a price tag, there could be some drawbacks to selling your house for cash. Some companies could be shady and scam artists, so stay cautious of such people. If you spot any red flags, it is essential to look for other buyers.
Despite the presence of these bad companies, it is still a good idea to sell your house for cash.
We at Sole Source buy houses for cash a lot. If you are looking for someone credible to sell your home, maybe you could consider us for the same. We have been doing rather good at it. Feel like contacting us? Give us a call, or schedule an appointment to come and visit us.