Career Advice - A Community Blog

Erik Larson writes about the job market, resume improvement, and career advice

How to Sell a House Fast In a Slow Market

Written by Erik Larson, Community Blogger | Jan 18, 2018 12:05 PM

There are many reasons why you would be forced to sell your home for cash. For those homeowners who want to relocate, or are facing bankruptcy or foreclosure, it would be of great help and benefit if you can sell your home on cash terms. You will stand the chance of getting your money immediately once you have accepted the offer made to you over your house. This is definitely a quick home sale that has proved to be very useful to homeowners. So, what are the advantages of selling your home for cash? Here are key benefits of doing so...

  1. Benefits of a quick selling process. Transacting on cash terms offers the quickest process of selling a home. The speed of the whole process of selling the home is definitely one of the biggest advantages of selling out your home on cash terms. The moment you are in agreement with the buyer, it wouldn't take you more than 4 weeks to close in the deal completely. There are renowned property dealers who can buy homes in any condition and in any location. Amazingly, they are always ready to make payments the soonest possible without any further delays.

  1. Guarantee on the Sale of Your Home. When a home is sold in an open market, you can never be sure of the closed deal. There is a chance that the proposed buyer would back off the deal at the last moment for reasons known to them. It could be issues with an inability to make payment for the deal or some other problem that may show up in the process. However, when you sell home for cash, the sale is assured the moment you endorse the opening cash offer made by the buyer. In this case, the sale for your home is guaranteed unlike sale through other means.

  1. Convenience of Sale. People normally face challenges when selling their home through other channels. First, the paperwork involved is just a big headache to them. Other things such as staging the home for the would-be buyers, endless showings and viewing is definitely bypassed should you consider going for the sale of your home on cash terms. A well-rounded and competent buyer can make things a lot easier for you. With cash purchases, the deal goes without many hurdles while enjoying convenience in terms of moving out to give way for your new buyer. This makes the selling process a fulfilling one.

  1. Fixed Cost Advantages. There is a certainty that the home will be purchased at a fixed and fair cost should you consider selling your home for cash. This is so because the chain that usually exists between you and the buyer is eliminated in a cash sale. At the end of the day, you will get the money that was offered for the home. An initial cash offer will be made following a thorough survey and study from the surrounding neighborhood and the local real estate market. Valuation is usually free of any charges and as the seller; you have a chance of going with all the cash without having to wait for long.

  1. Absence of Commission Fees. With cash home purchases, there are no commission fees that are usually high in conventional home selling methods normally conducted through agents in the real estate industry. Actually, there are renowned buyers who will even help you with their legal fees. More than that, you will benefit from the absence of legal costs, valuation fees, and estate agent fees that don't exist when selling your home on cash terms.

The Bottom Line

Have you ever thought of selling your home in cash? Well, this mode of sale is still available for people like you who need quick cash for different reasons. If you want to relocate immediately or are compelled by other reasons to go for this mode of transaction, don't hesitate to do so. Listed here are 5 advantages of selling your home on cash terms. All you need is to do most of the work by yourself and consult where you can to get a genuine buyer for the house. It will save you lots of waiting time to get money following the sale of your home as realized in conventional modes of selling homes. While you may not get a competitive price for the home, at least you will get 100% from the offer that will be made to you. This is so because there will not be any charges and commissions to be paid to that effect.

 

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