How a Cash Sale Works

If you’re used to the traditional way of selling a house, the process of the cash sale may seem like a mystery to you. It’s understandable that you want to learn as much as you can before trying it out. The process of selling your house for cash is as simple as it seems.

Tell about Your House

To begin the process, find a cash buyer in your area and explore the website to learn about the company. You will usually find a form to fill out with your contact information and basic information about your house. There will also be a phone number you can call if you prefer.

You’ll be asked to provide the address of the home. You may also be asked questions about the square footage and number of bedrooms and bathrooms. You might also be asked about the condition of your home, but you will not be required to make any repairs.

Receive an Offer

In most cases, the cash buyer will contact you within 24 hours with a cash offer for your home. The offer is based on the information you provided such as the size and condition of your house and the market values in your neighborhood.

Some companies will send someone out to your house to view your property. This is not a formal inspection or property assessment. They just want to meet you and confirm the information you provided.

Close Quickly

If you accept the offer, you can often close within 7 days and certainly within a month. You can set up the closing date at your convenience. You don’t have to wait for the buyer to get financing because cash buying companies have funds available to pay you. 

The cash buyer will prepare the closing documents and use a reputable title company. The amount you were offered will be your proceeds. Cash buyers don’t charge commissions and there are no hidden fees. From start to finish, you can have cash for your home within a few days.

Selling a home for cash is becoming more common because of how quick and easy it is. In many circumstances, a cash sale can be your best option for selling your house. A cash buying company should be transparent about their process and happy to answer any questions you have.

Thinking about selling your Augusta area home for cash? Click here to learn more.

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