Can I Make Money If I Sell My Home to a Cash Buyer?
Have you ever heard of a cash buyer? There is a good chance that you most likely don’t know anything about what they are or what they do. The little bit of knowledge you may have is that they purchase homes for cash. You probably also have heard that you don’t make money if you sell to a cash buyer. Well luckily for you that is a myth, and we will explain to you why!
Time
If you are trying to sell your home you probably know about the long process you are about to embark on, or maybe it is a reality for you right now. If you are selling your home on your own currently, you probably are having a hard time finding buyers. If you are about to sell on your own than know that you aren’t going to have the proper resources to reach potential buyers. This will make the process a lot longer and this can be a large expense. Whether you are selling to reduce your mortgage or need to relocate, not selling your home fast can put you in a worse financial situation.
Cash buyers purchase your home in a short 7 days. They will come to your home and give you a cash offer right then and there. This eliminates the long selling process so that you can get rid of the hefty mortgage, or relocate with nothing holding you back.
High realtor costs
Hiring a realtor usually is the most ideal way of selling your home. You don’t have to do anything right? WRONG. Besides all the work that will need to be done that we will get into shortly, they are working for you so they are going to take a large percentage of what you sell your home for. They also get the final say on the selling price of the home and sometimes this can leave you making lower than you thought.
Cash buyers give you a guaranteed offer, and they don’t charge any extra fees. This can save you a lot of money once the selling process is all said and done.
Repairs/Renovations
Finding a potential buyer sometimes means that you need to give your home some TLC. If this is you, whether you sell your home on your own or through a realtor, you will have to make some repairs or renovations. Buyers are only going to be interested in purchasing the property if it looks presentable and is move in ready.The repairs/renovations can cost thousands of dollars, and take a LONG time. Keep in mind that if you do decide to fix things up you will not see a return with selling the home. Most of the time renovations do not increase the value of the home.
If you sell to a cash buyer you are saving a huge amount because we don’t require you to make any repairs to the home. Which leads us to the next pro of selling to a cash buyer.
Sell As Is
If you sell to a cash buyer you are not required to do anything to the home. No repairs and renovations like stated above. You don’t even have to clean the place up. We buy homes as is so that means all you need to do is box up your stuff and take it away.
Sell in 7 short days
Waiting for your home to sell can create a lot of unnecessary expenses. Sell your home to a cash buyer. Once you accept the offer they can get you the cash in your hands in a quick week. Cash buyers have the funds so that they are ready to hand you cash so that there is no need to wait for the long closing process. Cash buyers don’t fall ever through with the purchase.
Cash buyers will help you save thousands of dollars. Between the short buying process, and the lack of repairs needed to be made, you are going to save more when selling to a cash buyer. Call Pro Source Home Buyers today. We want to help you save a lot of money and get you out of your mortgage today. We aren’t going to charge you high realtor fees either. Call us today at 865-268-4537. We want to help walk you through this easy process.