With a traditional realtor involved sale, you have to wait for a bank loan to be approved, you need an inspection, a survey, loan underwriting, buyer uncertainty, all of these variables lengthen the home selling process extensively. Thus, cash buying can accelerate the house buying procedure considerably. Selling your home for cash can be a very good idea based on your particular situation.
There is a general mistaken belief about the term “cash buyer.” It is not a term used to define someone who can buy their next property without a mortgage after selling their present home. The term “cash buyer” defines a buyer who has readily available cash needed for the purchase.
If you’re planning to sell your home for cash, it’s essential to consider details about the procedure before proceeding:
1. Cash buyers are more likely to buy your property:
Lenders are not involved in the cash buying method. This eliminates ambiguity from the process. When you exclude the middle man, you can almost assure that your house purchase will complete on time and that too without any complications.
According to research, about one-third of house sales fail because of the buyer’s incapability to arrange finance. Cash buyers take away these doubts and when finances are taken care of, there is hardly anything left that can go wrong. Whether you’re the cash buyer or you’re selling your home to one, an abundant deal of hassle and burden is removed from the process
2. The less complicated property chain:
When you are in a rush to sell your home, considering a cash buyer can boost the house selling process significantly. At Greater Houston House LCC, we buy houses for cash offering great prices based on current market situations. We can complete the entire process within few days providing you with the cash as promised
3. Sell your home faster:
The loan approval process by many lenders is stricter than ever leading to delay in your plans for the future. Don’t want to fall into mortgage hassle? Consider selling your property for cash. Cash buyers don’t have the burden of providing income proof or successful credit checks. Once the cash buyer says YES, the sale can proceed. Since there are no added requirements of a lender involved, those inspections are non existent and the sale can progress
Investors and cash buyers have been around for a long time. In current years, there has been an immense growth of big institutional investors into the residential real estate market, they are changing the entire game. The procedure of the all-cash transaction is likely to continue to advance and develop. If you want to make a quick sale, willing to explore all options, an all-cash transaction is a great fit for you. We buy houses for cash. Call 832-510-6471 now!