When homeowners are considering selling their home the hassle-free way, they consider selling their home to a cash homebuyer. One of the biggest questions homeowners have for homebuyers is whether they will pay a fair price for their home.
It is not uncommon to hear that cash homebuyers are scammers trying to pull a fast one on desperate homeowners in a desperate situation. The good news is that there are reputable cash home buyers out there that offer a reasonable price for your home if you need to sell in a quicker timeframe than a traditional home sale can offer.
Four Steps to Selling Your Home to a Cash Buyer
When you contact OfferPA we will make the process simple to get your home sold. These are the four easy steps of getting your home sold with us for cash.
- Tell us about your property – Quick, Easy & Free!
- If it meets our buying criteria, we’ll contact you to set up a quick appointment
- We’ll present you with a fair written, no-obligation offer
- We close at a local reputable title company, cash in your hands in as little as 7 days
Things That Are Important to Know About Working with Cash Home Buyers
When you are selling your home in a shorter time frame by working with a cash buyer who will pay all of the fees and offer an all-cash offer it is most likely going to be below the fair market value of your home. This can lead some people to believe cash buyers are scamming home sellers. This is not the case. Often a reputable cash buyer is going to offer below fair market value but will not offer an unfairly low offer.
When doing the math some homeowners discover that the costs they put into preparing the house to get it ready ( repairs, professional listing photos, closing costs, real estate commissions, and more) that the price offered by a cash buyer is sometimes more than the amount they make selling their home traditionally and subtracting all the costs. This is not always the case but in some cases it is.
A homeowner may make less money on the offer price of the home sale choosing to sell for cash. The benefit lies in the timeframe of selling the home and the ability to sell the home as is with no lengthy negotiation process. There is no going back and forth over repairs and seller concessions or haggling over the cost of the home and adjusting it for different details tied to the home’s condition.
It is always crucial to do your homework on working with a cash buyer to make sure you are working with someone who is reputable and trustworthy and has the intention of making your home sale hassle-free. There are scammers out there. There are also real estate agents who are looking to take advantage of clients. Working with any type of real estate professional can end up in unfavorable outcomes. It is always a good choice to know who you are working with whether it is a real estate agent selling your home through conventional home selling means or through a cash homebuyer who will help to get your home sold in a lesser timeframe.
There are many reasons Lancaster homeowners choose to sell their home to a cash buyer and get their home sold in a matter of days as compared to months. If you are looking to sell your home without any requirements to get it ready to show to potential buyers contact us. We are a reputable cash buyer in central PA. We buy homes for cash in Lancaster and will always offer a fair and no-obligation all-cash offer to buy your home. You can have your home sold in as little as seven days.