Do people really pay cash for houses? The answer is yes, and it might be a good solution for you if you’re selling a house. In this article we’ll overview what a cash offer is and what a cash house sale is. At the end of the article we’ll tell you how you can get a cash offer for your house quick and easy.
What’s a cash offer on a house?
Cash offers are new to a lot of people. The majority of the public thinks of buying a house with a mortgage loan. So its no surprise that the concept of a cash offer is relatively foreign to most people.
In reality, its a simple concept. A cash offer is exactly what it sounds like. A buyer makes an offer to buy your house in cash. This means they will not use a traditional mortgage to fund the purchase.
One of the biggest benefits of a cash offer is the speed that the buyer can buy your house.
The main reason for the speed is that there isn’t a mortgage. This means no loan mortgage approval process. It also usually means theres no appraisal required. In turn, the lack of applications, approvals, and appraisals means the selling and closing process is much faster than a traditional sale.
In turn, the sales and closing process can be super speedy. So yes, cash offers usually mean quick cash for your house.
What are the benefits of a cash offer on a house?
Cash offers will be lower than traditional buyers’ offers, but a cash house sale does have several benefits that can off-set this. These benefits include:
The speed of the sale and closing process is much faster, as discussed above
You can sell your house 100% as-is, even when its in really bad condition
The chances of the deal closing are higher due to no contingencies and no mortgage approvals
How can you get a cash offer for your house?
There is no shortage of real estate investment companies that will buy your house for cash. We just happen to be one of them.
Need to sell your house ASAP? We Pay Cash For Houses in Cleveland, Ohio.
We pay cash for houses in Greater Cleveland, Ohio and can close quickly. We buy for cash direct from homeowners for a lot of reasons. If you don’t have time to wait months or deal with the hassles of a traditional home sale then selling for cash could be a good solution for you. Read on to learn more.
Are you facing a situation forcing you to sell your house ASAP? Does your house need too many repairs to sell on the market? Don’t want to deal with realtors, strangers, and demanding buyers? Just need to get rid of your house?
Are you facing a tough situation? If so, waiting months to list your house on the market isn’t really an option.
You need to sell your house ASAP. You need to sell it regardless of its condition, age, etc. If so, selling for your house for cash might be the best option for you.
You might be experiencing one of the situations below:
At risk of losing your home to foreclosure, tax delinquency auction, etc?
Need to sell a house that needs a bunch of repairs? But you can’t afford to or don’t want to make them?
Need to relocate and sell your house ASAP?
Code violations or condemnation notices racking up from the city? You can’t afford to fix it or don’t want to deal with it.
Inherited a house or rental that you don’t want. You also don’t want to deal with the hassle of listing it on the market.
Experiencing medical or family issues. You need to sell your house ASAP and use the money for other things.
Recently divorced and need to get rid of your house ASAP?
Just don’t want to pay a realtor thousands of dollars in commissions?
No matter your situation we can help. Selling your house to a cash house buyer is much quicker, cheaper, and easier than listing with an agent. In some situations selling for cash might be your only option.
Facing one of these situations? Want to find a solution to sell your house quickly? Call/text us today at 2168778430 or fill out our form and we will contact you.
Our 3 Step Process: We Pay Cash For Houses & Buy Fast And Easy
High convenience – no bossy realtors, no showings, no demanding buyers, no lengthy sales process
They buy as-is and buy houses that don’t qualify for conventional mortgage funding
Eliminates costs: realtor commissions, closing costs, and out of pocket costs
1. Cash house buyers are quick!
Cash house buyers close in a matter of weeks. Facing a deadline and/or need to sell fast? If yes, a cash house buyer would be the only one able to close quick enough.
A traditional buyer using a mortgage to buy your house is a much slower process. The typical time from offer to close a traditional mortgage is 46-49 days according to the 2019 Ellie May Origination Insight Report.
2. Selling a house to a cash buyer is super convenient!
Cash buyers buy your house as-is. This means you don’t have to do anything to prepare your house for sale.
You don’t have to make any repairs, even minor ones
No finding, negotiating, and coordinating with contractors
Absolutely no painting or cleaning
This greatly reduces your hassle and time commitment required to sell your house.
Also, there are no real estate agents when you sell your house to a cash house buyer. This eliminates the agent’s demands, the showings, open houses, scheduling showings with tenants (if its a rental), etc.
3. Cash house buyers purchase your house in Cleveland without repairs
Cash house buyers buy your house as-is. If you don’t want to make repairs or can’t afford to make them selling it for cash is a good option.
A cash buyer can buy a house that doesn’t qualify for traditional lending. If your house needs a lot of repairs, has deferred maintenance or safety issues it is unlikely that a traditional lender will give a buyer a mortgage to buy it.
4. Cash house buyers eliminate your costs
There are no real estate agents – so there are no agent commissions (6%) or fees
We pay all typical closing costs – you don’t
We buy as-is so you don’t pay for any repairs or the costs to get your house ready for the market (cleaning, staging, updating/renovations).
Our company buys quick so your holding costs of a long sale are eliminated
Does getting cash for your house in Cleveland sound like a good option for you?
Get your no-obligation, fair cash offer started by filling in the form below.