Selling your home offers you multiple options when it comes to who you can work with. Many of us have seen the signs around town advertising something like “We buy Houses Cash”. I bet you’ve wondered “will they really buy my house for cash, or is it a scam?”. Well the good news is it’s not a scam and it is most definitely not too good to be true. These signs are put up by people who are usually referred to as a cash buyer. Cash buyers (like Chattanooga Property Solutions) are people who are in the business to buy homes outright for cash.
Generally when a cash buyer buys a home they’re planning to fix the property up, and either rent or sell it to another family. Whatever the case, they work with you to determine the best price for your home and make you a fair offer, in cash, for the home. Now, just to be clear, with a cash buyer the offer they will make on the home may not necessarily be as much as you were hoping to receive. This is due to several things. First, the condition of the home matters. If there are major repairs that are needed then you will have to accept the cost of those repairs being removed from the offer. However, this does mean that they will buy the home anyway and you don’t have to pay for the repairs out of your pocket. Chattanooga Property Solutions will buy your house for cash, regardless of area or condition.
Now there are a lot of good reasons to work with a cash buyer. Selling your home on the open market can take several months and still end up without a buyer making an offer. However, selling a home to a cash buyer can take as few as 2 weeks in most cases. This can help, especially if you need to sell quickly. Traditional sales take time with other factors as well. Things like showings and inspections can take time to set up and may not lead to a sale.
Showing your home to a Chattanooga Property Solutions always leads to an offer on the home for the exact price you can expect to receive. Lenders can deny a potential buyer for financing at the last minute. This means you will need to start the process all over again and begin waiting for more offers. We provide cash in hand to home sellers who choose to work with us! You can be assured that you will receive the exact amount we offer at closing.
While you may not necessarily receive that absolute top dollar for your home when you work with a cash buyer, you can be assured that it will take less time, effort, and stress from you to have the sales process completed. You don’t have to deal with the headache of a traditional sales process and you can work with a local professional that knows what they are doing when it comes to buying your home for cash.