Selling a home can be a tricky undertaking as many would be sellers have come to realize. While the house might be in excellent shape, it might take you quite a while to get the right buyer. Sometimes, the customers make lower offers than you are willing to accept and you have to start over with a new prospect.
No repairs, sprucing up or even painting
Conventionally, you need to spruce up the house before putting it on the market. Else, you might have a hard time convincing a prospect to look at it. You need to repaint the wall and repair any visible damage that could deter them from committing to the deal.
As such, you could incur hefty repair bills in the process. When operating on a shoestring budget, it means you cannot undertake all the repairs and will have a hard time getting a buyer. If you are lucky, you might have to make do with lowball offers that would have you at a disadvantage. With cash sale, you do not need to carry out any repairs and will still get a fair offer for the house.
No undue delays or backing out at the last minute
Typical buyers hinge their ability to pay for the house on the outcome of their mortgage application process. If the lender denies the application; they cannot buy the property, and it turns into a complete waste of time and resources. With cash buyers, they only need to inspect the house for prosperity reasons then make an offer. As a result, you can close the deal in as little as two weeks and have the money wired to your account.
The process of selling a house may be demanding and lengthy, but you do not have to endure the wait. You can opt to sell the house to a cash buyer and eliminate a considerable amount of headache.