Selling a house for cash is becoming a popular alternative
for homeowners who need to sell their property quickly. With the current credit
clog and sluggish real estate market, many sellers are finding it difficult to
locate qualified buyers. Instead, they are turning to investors who are able
and willing to ante up cash.
According to Don McClain selling a house for cash is no different than selling to a buyer
who obtains traditional financing. However, there are benefits with cash
transactions that cannot be obtained when the buyer requires funding through a
bank.
If you are trying to quickly sell a house, opting to arrange
a cash sale may be an ideal option for you. There are many benefits to be
gained when selling for cash; the most common benefit that is received is the
rapid way that the whole transaction can be completed. Realistically, today’s
real estate market is a challenging one; a cash sale can make the whole process
much easier and certainly avoids the difficulties of a traditional home sale.
What are some of the reasons why selling your house for cash is such a great
option?
Quickness – If you are looking for the rapid sale of a house,
it is pretty clear that a cash sale is the best choice to make. Traditional
ways to sell a house fast require asking a buyer to jump through many hoops to
find a lender, get credit approval – which slows the sales process. There is
little doubt that cash sales are the quickest.
Convenience – When looking to quickly sell a house, cash
sales are much more convenient for the person who owns the property. First
contact with the purchaser will commonly bring an initial purchasing offer,
which the seller can accept or reject. There is no need to make repairs or
paint the house as the sale is typically conducted on an “as-is” basis.
Simplicity – When all is said and done, selling a home for
cash is a much simpler process in general than selling a house in the
traditional real estate market. The paperwork is greatly reduced and much
easier to understand – the house is being sold ‘as is’ for a specified price –
period. There are none of the other stumbling blocks that exist in the
traditional retail house selling process. Because of all this simplicity, the
time to complete the entire sales effort is greatly shortened – money for the
sale can be in the hands of the seller in days, not months.
If you are trying to sell a home as quickly as possible,
consider the benefits offered by a cash sale before committing to a traditional
retail sales process – and facing the cost and delay of repairs, home showings,
waiting for offers, and endless negotiations. You can sell your house for cash
in just days and be relieved of the burden your property has been to you. It is
a process offering quickness, convenience, and simplicity – consider these
benefits and the decision to sell your house for cash will be an easy choice!
EZ House Buyers a renowned company in the field of House Buying is buying
houses all across the nation. We are purchasing properties with cash simply
because traditional lending sources have dried up. Although the media likes to
project financial gloom and doom, there is still an abundance of private money
available. EZ House buyers under the leadership of Don McClain are able to tap into that
money to expand real estate portfolios for our self and clients.
When selling real estate to a private investor, the seller
benefits from their expertise. Many investors are skilled in foreclosure and
short sale transactions. Both require extensive knowledge and developed
relationships with various lenders. EZ House Buyers are one of such expertise professionals.
Short sales are particularly tricky and require specific
documentation. Homeowners who have obtained short sale approval aren't able to
profit from the sale of their home. Instead, they must locate a buyer in
exchange for the lender accepting less than is owed on the loan. Working with EZ
House Buyers, a specialist in this sphere can increase a successful outcome
ten-fold.
Legal documents are required to transfer real estate. Always
read and understand these contracts before signing on the dotted line. It is
best to retain the services of a real estate attorney to ensure documents are
legally binding.