Cash home buying companies are becoming major players in the home sales industry. They offer an alternative to the traditional sales process of listing a home on the market. The value they offer to home sellers is both monetary and practical.
Buy Distressed Homes
Home buying companies specialize in purchasing distressed homes for the purpose of rehabbing and reselling them. They make an offer on the home “as-is,” regardless of what repairs are needed or how the home looks.
For home sellers, this is a valuable service. It can save them thousands of dollars in repairs, as well as time and personal labor. For people who don’t have the funds for repairs or just don’t want to go to the trouble, a cash home sale is a good option.
Offer Quick Sales
Cash home buying companies also offer quick sales. From the time you contact them until you close, it can be less than a month. This can be a relief to home sellers who need to sell quickly because of financial stress or other reasons.
A traditional home sale can take many months, and it’s filled with uncertainties. You never know when an offer is going to come in, or what the amount might be. During the closing process, the traditional buyer could back out if they can’t get financing. That’s not a concern with a cash sale.
Give Home Sellers an Alternative
The main value that cash home buying companies bring to the table is an alternative. In the past, you had few options. If you were lucky, you could find an individual willing to buy directly from you. Now all you have to do is call a local cash buying company.
A cash sale doesn’t involve any third parties, brokers, or agents. The cash buying company doesn’t have to get financing, and you don’t have to pay commission or closing costs. Many home sellers can come out ahead.
Consumers who have choices are in a position to do what’s best for them. The cash offer carries no obligation, so home sellers are free to compare their offer with what they might anticipate getting with a traditional sale. If you’re interested in selling quickly and without fuss, the cash sale may be worth it for you.
Looking to sell your home in the Sacramento area? Contact your local cash home buyer at this link!