Selling a home requires a lot of time and effort.
From cleaning and repairs to researching real estate agents and dealing with negotiations, the process is long, stressful and demanding.
In Phoenix, Arizona, and the surrounding area, selling homes for cash is gaining in popularity. There are numerous advantages to choosing a cash home buyer. The reality isn’t someone handing over a bag of cash. A cash offer actually means a buyer with sufficient funds to purchase the property outright. They don’t need a loan or financing. The result is a much quicker turnaround and far fewer hassles. The deal isn’t contingent on a bank appraisal or home inspection. Cash home buyers make offers on the home in “as is” condition, so there is no worry about completion repairs or renovations. In Arizona, cash offers account for twenty to forty percent of all single-home and condo sales. Selling for cash is a much different experience than a traditional home sale. Because there is no mortgage lender involved and no underwriting process, the start to finish is much faster. It’s possible to close on the deal in under two weeks. There is also the guarantee of the money on the spot. It’s possible the offer will be less than the house might earn via a conventional sale, but there are none of the delays, complications or fees. No one is going to assist on an official appraisal to decide the value. The buyer agrees to take on the property without any changes. The owner doesn’t need to clean the house, stage it or make updates. Whether the seller needs to split the equity in a divorce, avoid foreclosure, move quickly for a job or just wants to get out from under the responsibility of an unwanted property, a cash home buyer is the perfect solution.