There are many reasons why people sell their homes to home buying companies. If you are unfamiliar about what a home buying company is, it is a business dedicated to purchasing homes as-is for cash. In purchasing as-is for cash, these companies take care of all the repairs in order to turn around and sell the home for a profit. So, why sell through one of these businesses rather than with the help of a realtor or online listing service?
The Process is Faster
In general, selling a home to a home buying company is much faster than selling a home the traditional way. When selling a home to a regular buyer, the seller has to worry about multiple offers (or none at all), house showings, negotiations, and making time-consuming repairs. Furthermore, since most buyers finance the home with assistance from a lender, it takes time to get approved for a mortgage and close on the home. Selling to a home buying company removes the need to worry about any of these details, allowing you to close in as little as seven days!
You Can Sell As-Is
This is a huge perk for many homeowners who are trying to sell a property in need of repairs. In fact, home buying companies are willing to buy pretty much any home, in any condition. So, if you have a property that has been trashed by tenants, was damaged by a natural disaster or fire, or requires costly repairs, then selling to a home buying company might be your best, most cost-effective option.
No Need for Stress
A lot of people want to sell their home because of financial issues or a legal problem—or they are facing a huge life transition, like the death of a loved one, retirement, or divorce. All of these life events can make selling a home a huge burden. Or, just in general, selling a home is stressful, especially for those who are busy with school, family, a career, etc. When selling to a home buying company, you don’t have to worry about all the hassle of selling a home the traditional way. They do it all for you.
As you can see, there are many advantages to selling a home to a home buying company. These companies are real estate professionals with years of experience in the house buying industry. They can help make the selling process so much smoother for you.
Ready to sell an unwanted property? Experiencing real estate issues that are weighing you down? Click here to learn how SOS Home Offers can help!