Cash home sale is less stressful
Getting approved for financing from the bank to purchase a house can take anywhere from a couple of weeks to more than a month.
Further delays can be caused by checking for liens, inspections, repairs and complex paperwork.
For the home seller, if a quick transaction is the priority, a cash home buyer might be the better solution. Cash home buyers waive the contingencies of the sale and shorten the timeline. With a cash sale, the closing is normally completed in ten to fourteen days. That is much faster than the thirty to sixty day turnaround associated with mortgage transactions. Plus, it can take a while to attract a potential buyer. There are listings, showings, open houses and haggling to get through. There can be repairs, updates and safety codes to navigate. The expedited process of a cash home sale provides a great deal of relief and benefits. It allows homeowners to sell the house in as-is condition. Cash transactions also reduce closing costs. The quicker closing of a cash deal avoids the stress that is too often a part of the selling process. Sellers can more swiftly walk away from the responsibility of the property without hassle or risk. There are many reasons why a sale can become urgent. In Jacksonville, Florida, there are often issues with storm damage, flooding or termite infestation. Sometimes, homeowners are looking to relocate, going through a divorce or hoping to avoid foreclosure. Inherited properties, those with undesirable tenants and hoarder homes are common to cash sales. Contacting a cash home buyer is as easy as filling out a contact form. It’s possible to get a cash offer that same day.