When you are selling your home, most people want the sale to go as smoothly and quickly as possible. Most people don’t understand that one of the biggest obstacles to a smooth and fast sale can be the financing of the buyer. It’s difficult to know just how much the buyer’s financing can cost you in terms of time, stress, and hurdles you may need to jump through for the sale to reach fruition.
There are a lot of factors to consider when you are deciding what is best for your current situation. Getting a cash offer for your house may prove to be a better solution for your situation.
Cash offers have a great many positives and very few negatives, no matter what your circumstances, it’s at least worth considering. Here are 5 reasons you should consider a cash offer for your house in San Antonio as the best option.
Confidence The Sale Will Happen
Having certainty in the offer you have accepted is a major reason you should consider a cash offer for your house in San Antonio. Because it’s cash, you won’t have to worry about the buyer’s bank not allowing the purchase. Sometimes a property will be under contract for weeks or even months before the bank decides to back out of the loan. When selling your San Antonio house for cash you know that the financing part of the transaction is taken care of.
When selling to a legitimate cash buyer you can also bypass all the property inspections and lender required repairs. You also get to skip the bank required appraisals. Lenders will use these appraisals to determine how much they are willing to loan on a property. Just be aware, a valid cash buyer should be able to provide evidence of their ability to fulfill their offer.
Sell As-Is
Cash deals, most especially with a direct cash buyer, usually involve purchasing the property as-is, or just exactly as it sits. While it’s possible you will realize a little less for your home when you accept a cash offer, if your home isn’t brand new, avoiding the costs and headaches of renovations, updates and repairs are one of the big reasons you should consider a cash offer for your house in San Antonio.
When there are major repairs…the kind that will cost thousands of dollars to fix…is a big reason to sell your house for cash. You avoid putting a bunch of money into repairs for a house that you aren’t even going to be living in.
Not to mention, the risks of discovery after the fact and lawsuits over your transaction. In many cases, you can just remove what you want to keep and leave the rest behind, without so much as a final cleaning. Having this option can make the selling process much less stressful.
If a cash buyer balks at accepting the house as-is, demanding appraisals and inspections as contingencies, they’ve basically eliminated the attractive qualities of cash offers. As a word of caution, a “cash buyer” who says they need a bunch of contingencies and ways to get out of the deal, is not a real cash buyer and you might want to consider calling someone else.
Skip The Showings
There is nothing wrong with showing your home as many times as you want to as many people as you want. Often when sellers decided to work with an agent, the agent will want to show the house many times. Preparing, cleaning, and staging for a bunch of showings can become a huge headache. Not to mention having to leave your home everytime someone wants to look at it even if they are not going to buy it.
There is nothing wrong with working with an agent but there are additional hoops that must be jumped through, along with tons of paperwork, and no guarantees. You should carefully consider the benefits of accepting a cash offer for your house in San Antonio and avoiding all of these frustrations.
Expense
Your finances are a very important reason that you should consider a cash offer. This is especially true if the last thing you want to do is to pour even more money into your house. Traditionally, listing your home with a real estate agent means at least updating and improving the interior. Not only this, but you’ll also have to be concerned with curb appeal.
Most of the time you will need to make repairs to your home in order to pass inspection. Not to mention, any agent fees, commissions, and additional selling fees. Along with these hassles come appraisals, inspections, advertising, and staging your home. If you need to move before you are able to sell, not only will you bear the costs of maintaining the home while it’s listed, you will have the additional expenses of a second residence.
Time To Sell
Time can be a huge motivating factor, and speed is yet another reason you should consider a cash offer for your house in San Antonio. You have come to the decision to sell, whether you need to move due to a sudden life change, relocation due to employment, or just ready to move up or down in living space. Why would you want to wait around now that you have made your decision?
Cash offers generally close very quickly and offer an advantage of circumventing the unknown waiting period with traditional listings. When listing your home on the real estate market, after a waiting period of an unknown length, you’ll face the stress and tensions involved in the back and forth, extremely time-sensitive nature of offers and counteroffers during the negotiations over the purchase price.
If you are ready to save time, avoid repairs, skip the cleaning, forget about showings, avoid paying high commissions and fees, Sell My San Antonio House is here to help. These are just a few of the reasons you should consider accepting a cash offer for your house in San Antonio from Sell My San Antonio House.
If you would like to receive a free, no-obligation cash offer for your house or would like any more information please feel free to contact us anytime. For help or questions related to your property, send us a message or give us a call at (210) 201-6644 today!