Advantages of a Cash Offer on Your House
Need to sell your house fast because you’re moving or facing foreclosure? Perhaps your property has sat on the market for weeks without a promising offer? Then it may be time to start thinking about entertaining cash offers for your Cleveland-area house. Although you may have heard or read that accepting a cash offer on your home isn’t the best idea, that’s not necessarily true, especially if you need to sell quickly.
In reality, a cash offer comes with several benefits you simply won’t get if you choose to sell your home any other way. What kind of benefits exactly? Here are a few of the most notable advantages of accepting a cash offer on your house.
You’ll Avoid Realtor Fees
When you sell your Cleveland house to a cash buyer, you won’t pay any realtor commissions or associated selling fees. Selling your house on the open market with an agent, however, always involves paying commissions. Currently, those fees amount to roughly 5.9% of your total sale price.
To illustrate just how much money you can save when you sell your house for cash, let’s do the math. Imagine you list your house with a realtor and get an offer for $130,000. If you accept that offer, you can expect to lose about $7,670 of your earnings to agent commissions. Now imagine you get a cash offer from a cash home buyer. No matter what that offer amounts to, if you accept it, you get to take all of the proceeds to the bank.
You Can Sell Your House As Is
Selling your house for cash is perhaps the only reliable way you can sell your property as is. Cash Home Buyers are willing to purchase homes in any condition because they have the means and resources to fix those properties up after the sale.
Ultimately, cash buyers are looking to make a profit on the homes they purchase in as-is condition, but they’re also looking to help homeowners in need of a break. If you can’t afford or don’t want to invest in necessary home repairs, accepting a cash offer will allow you to sell your house exactly as it stands.
You Won’t Need to Clean, Stage, or Show Your Home
Not a fan of cleaning? Don’t want to spend a bunch of money on staging? Not thrilled about having an open house or keeping your house spotless for multiple showings? With a cash offer, you won’t need to do any of that to sell your house.
To reiterate: Cash buyers are willing to purchase homes in any condition. That means they not only buy houses that need work but also houses that aren’t perfectly clean and polished. Getting your house ready for listing on the open market requires an incredible amount of time and effort. Getting a cash offer for your house, on the other hand, requires very little effort and takes little more than a single day. If you need to sell, but the thought of prepping stresses you beyond measure, a cash sale may truly be in your best interest.
You Can Sell Your House Fast
Getting a cash offer for your house requires little time and effort, and should you choose to accept that offer, you can close the sale in a matter of days. Cash buyers, as their title indicates, have the capital on hand to purchase your house for cash up front. When you don’t have to wait for a mortgage approval process or lengthy closing process, you can sell your home much faster than you ever thought possible.
We Buy Houses for Cash in Cleveland, OH
Are you ready to find out what your house is worth in cash? Then don’t hesitate to get in touch with our team at We Buy Houses Cleveland to get a no-obligation offer! We specialize in all-cash transactions and can help you sell your Cleveland-area home in a matter of days with no pricey realtor fees involved. To learn more or get started, call our office today at 216-303-8558. You can also fill out our contact form to request a free, no-obligation offer, and we’ll reach out promptly to get you started.