A cash buyer can be a good choice if you need to sell your home quickly, but you should be aware of the process. While a cash buyer doesn't require a mortgage, they still need to be approved by a financial institution. Cash buyers are usually willing to close faster than buyers who use mortgages or other types of financing. A cash sale can close between 30-45 days, although it will take a little longer to complete a financed sale because the buyer must clear liens, get insurance, and prepare paperwork. It can take longer to close if there are unforeseen circumstances such as lien or title issues that need to be resolved by the seller.
Another big advantage of selling your home to a cash buyer is that you don't have to deal with a real estate agent. The agent can help you get a good price, but they also take a commission from the sale. Cash buyers take care of all the paperwork and often waive contingencies. However, you should always do your homework and consult with a real estate attorney before signing any documents.
If you're ready to sell your home, the first step is to make it look its best. Fixing up your home's appearance can add up to a five percent boost in its sales price. Besides painting, you can also make other simple improvements like replacing the old light fixtures or upgrading the front door. Also, energy-efficient upgrades can reduce your utility bills and improve the appeal of your home.
While it may not seem necessary to make major repairs, even small ones can help your home sell quicker and for more money. Even a simple repair like this will improve your home's value. Contact My Quick Home Buyers to get a cash offer for your home.
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