The process of selling your home to a cash buyer seems simple, and it is. Unlike traditional home sales, there’s not a lot for you to do. You don’t have to make repairs, clean up your house for showings, or fill out tons of paperwork. Here’s what a cash sale is like.
Contacting the Company
The first step in selling your house for cash is contacting the cash buying company. These are locally owned, so be sure to find a cash buyer in your area. The website will list the information you need to know, and it will have a form to fill out to contact the buyer.
You just need to fill out basic information about your house, such as the address and description. You can also contact the buyer by phone, if you prefer. You will be able to talk to someone and ask any questions you might have.
Getting the Offer
After contacting the buyer, just sit back and relax. You don’t have to do any repairs or cleaning. The cash buyer may request to visit you, view your home, and talk about the process, but you don’t have to sign any contracts or agreements.
Within 24 hours, you’ll have a cash offer on your house. The offer is based on the location and condition of the home, as well as market conditions. If you accept, you’ll move on to the next step.
Closing on the House
You can close on the house within a week, or choose whatever date is convenient for you. The cash buyer will make all preparations. There are no inspections or assessments required, and the cash buyer doesn’t need to get financing, so the closing can proceed quickly.
At the closing, you will receive the full amount of the offer. No commission will be deducted, and you don’t have to pay any closing costs. You just sign the paperwork to transfer the deed, hand over the keys, and you’re finished.
Cash home sales are increasing in popularity because of the convenience to the seller. The process is easy, hassle-free, and involves no costs or fees. The cash buyer does almost all the work. All the seller has to do is pack up and move out.
Are you considering selling your Utah area house? Learn more about how a cash sale can help by clicking here.