What You Should Know About Home Cash Buyers

What You Should Know About Home Cash Buyers for Your Charlotte House

If you snag a cash buyer for your house for sale in Ballantyne, it likely calls for a celebration. Selling to a cash buyer has a lot of advantages, two of which are a fast speed of sale and convenience. Once you accept a cash offer, you can often get your money in days. Depending on your situation as a seller, this could be a life saver! Read this article for details on what you should know about home cash buyers as you prepare to sell your Charlotte home!

Fewer Snags

A cash sale removes many of the circumstances that result in a sale falling through. For instance, you don’t have to worry about whether your buyer will qualify for a loan. Once the cash is exchanged, there is no going back!

Best of all, cash sales close quickly compared to conventional sales. Generally, you can expect to close in 1 to 3 weeks. Whereas with a conventional sale, it takes 4 to 7 weeks. Typically, a cash sale is “as is,” which means that you won’t be on the hook to do any major repairs before closing.

Protect Yourself

Although a cash buyer is highly desirable for a NoDa house for sale, it is still necessary to protect yourself. For instance, you should get proof of funds from the buyer before you agree to anything.

Keep in mind that if a cash buyer still requests added contingencies such as an appraisal and inspection, it won’t glean as much of a benefit.

Cash is Great for the Buyer

Not only do sellers benefit from a cash buyer, but the buyer benefits as well! Paying cash for a home for sale in Southpark means no mortgage payment and a firm sense of security. Additionally, the buyer has available equity and market fluctuations don’t matter as much.

Do you have experience buying as a cash buyer or selling to a cash buyer? Please share your experiences!