There are plenty of advantages to selling your home to a Kansas City cash home buyer. Many people are choosing to go with a cash home buyer instead of the standard listing process.
Using a cash home buyer will be a great relief for those who may need to sell in a hurry or are in a financial bind. Easy and professional, here are a few advantages of selling your home for cash.
5 Advantages of Selling Your Home to a Kansas City Cash Home Buyer
If you are in a hurry to sell your home or simply can’t cope with it any longer, selling for cash has several advantages.
Because you are not going through a real estate agent, you don’t have to worry about commissions, lawyers’ fees, staging costs, utilities or carry costs, and mortgage fees. You and the buyer both save money.
You also don’t have to invest in making repairs and fixing up the house. In a traditional home sale, your buyer gets 10 days to do all the inspections they want including mechanical, radon, termite inspections, lead-based paint, fireplace, roof, sewer line, septic, etc. Then they can ask you to fix anything that comes up in the inspections with money out of your pocket before closing. They also have the right to back out of the contract and get their earnest money returned to them if no agreement can be reached on repairs or if they simply aren’t comfortable moving forward based on inspections. If your contract falls through, you’re back where you started with doing showings to find a new buyer. To make it worse, now you have to disclose all the problems you learned about from the inspections either in your Seller’s Disclosure or by providing new buyers with a copy of the inspection reports.
Your cash home buyer is the exact opposite and wants the house just as it is with no time wasted on inspections, negotiating repairs, and doing repairs! The upfront, as-is offer they give you will be reflective of any repairs the investor intends to make on the home. This is a huge advantage for people who may not have the money or extra time to invest.
Advantages of Selling Your Home: Quick Closure
A traditional sale typically takes 30-60 days while a cash sale can close in as little as a week. Once you decide to go with a cash home buyer, the deal will move rapidly with readily available funds. Because there is no need for a mortgage, all the waiting and stress associated with that disappear.
If you are selling your home because you need quick cash, this is definitely the way to go. Everything moves very quickly once you accept the offer. Speed is definitely an advantage of selling your home to a Kansas City cash home buyer.
Cash home buyers see all kinds of situations and know how important it is to act quickly and to be flexible to the needs of each situation. They can think outside the box to come up with solutions that will make the process as easy as possible for sellers.
Maybe you need a longer than usual amount of time to close because you haven’t found a place to move. Or maybe you inherited a house that is full of contents you don’t have a way to move or dispose of. Fire damage, leaking, roofs, busted plumbing pipes, hoarding situations, vandalism, incomplete renovations, etc. Whatever the situation, cash home buyers can come up with flexible solutions to meet your needs.
Advantages of Selling Your Home: Eliminate Stress
Inspections, appraisals, showings, marketing, negotiations over price and repairs, worrying about if the buyer’s financing is going to fall through; it’s a lot of stress. If you are selling due to difficult situations in your life, then the last thing you need is more stress.
Peace of mind is certainly an advantage of selling your home to a Kansas City cash home buyer. They are experts at what they do and can ensure the process is as easy and headache-free as possible.
In a tough market, your home may sit on a listing page for months, if not years. A cash sale means you will get the money you need quickly regardless of what the market is doing.
Competing against other homes in your neighborhood or price range can mean yours gets passed by all the time. This can be very disheartening. It can also force you to invest in the home to compete even when you don’t have the money to do so. A guaranteed cash sale gives you the luxury of not having to go through all that.
When doing a traditional sale, your buyer will have a pre-approval letter that accompanies their offer. This is just that….a pre-approval, not a guarantee. Buyers still have to provide additional documentation to the bank and the file has to be approved by an underwriter before the sale can close. On the flip side, with a cash home buyer, you will get proof of available funds provided with your offer which proves they are ready to close as soon as title work is complete. This is a huge peace of mind that your sale will make it through the closing table!
Home to a Kansas City Cash Home Buyer
Whatever your reason, consider selling your home to a Kansas City cash home buyer. Here at Black Door Homes, we are industry experts who understand what you are going through.
Get an offer and get your house sold quickly so you have the cash you need for whatever is next in your life. Why take the regular route when you can sell your home fast, conveniently, and hassle-free! Don’t hesitate to contact us today!