Cash buyers don’t require you to make any repairs to your home. While the traditional buyer wants a house that’s move-in ready, cash buyers will buy your home “as is,” regardless of its condition. You might be wondering how they can do that.
First, when you sell your home to a cash buyer, it’s never listed on the market. Traditionally, that means someone comes to your home and advises you about everything you have to put out of sight, clean up, and fix. Then, a photographer will come into your home and take photographs of the exterior and all rooms inside.
That doesn’t happen with a cash sale. The cash buyer may visit your house, just to verify the information you have given them. Regardless of the home’s condition, you will receive a cash offer within 24 hours.
In the traditional way of selling, prospective buyers tour your home, scrutinizing every detail. If they find a leaky faucet or if the decor is outdated, they might just walk away. And if they make an offer, they could pull out if a home inspection reveals a serious problem.
A cash sale doesn’t involve any home inspections. Cash buying companies are in the business of buying distressed homes, fixing them up, and reselling them. They accept the fact that your home might be less than perfect.
Buying “As Is”
You can sell your home “as is” on the open market, but you may be disappointed. The listing will disclose the home’s status, clearly signaling to potential buyers that there are issues with the home. Your listing may not get much action.
An “as is” status won’t scare off a cash buyer. They’re used to it. They’re also used to homeowners that want to sell in a hurry and need cash immediately. That’s why the cash buying process, from start to finish, can take only a week or so.
The cash buyer will not ask you to make repairs, redecorate, or even clean your house, either before making an offer or afterwards. The cash offer is no-obligation, and you are free to choose your own closing date. If you need to sell a “less than perfect” home, a cash sale might be an option for you.
You can sell your Augusta area house within days, no repairs needed. Learn how by clicking here.