When you’ve made the decision to sell your home in Atlanta, there are quite a few ways to get the transaction done (like working with a cash home buyer). Many financial options are available to buyers, and therefore sellers, when it comes to purchasing a home. This also means that you have more options available to you when it comes to accepting payment. Each option has its own unique challenges or struggles you need to get past in order to sell your home. The best thing you can do for yourself is be prepared when the time comes.
One option you may not be aware of, is that you can receive cash offers for your home from a professional cash home buyer. Cash offers each have their own positives and even negatives associated with them. We have outlined a few reasons you may want to consider a cash offer for your home. Hopefully the information we have for you will help you form your own decision when you make the decision to accept an offer.
Confidence is key, and being confident that the offer you’re accepting is going to go through will help you feel better about selling the home. You can be certain that the offer you receive will be the amount you will be paid, because working with a cash home buyer means no fees or commissions. You don’t need to worry about funding falling through or a lender not approving the amount you were to be paid. Inspections are still required but they rarely prevent you from closing on the home.
Cash Offers are also generally given on the understanding that you’re selling the home as-is. This saves you from having to worry about extensive or sometimes costly repairs or updates to the home. Before a cash offer is given, the cash home buyer will walk the home, determine fair price, and issue an offer. Now, be aware that this means you may not necessarily receive the absolute most for the home if you compare it to selling the home in pristine condition on the open market. However, this means that if you don’t have the time, money, or effort to make updates or repairs to a home, a cash offer may be the better option for you.
There’s also a consideration for the amount of time it takes to sell a home. You may not have enough time to sell the home using the traditional sales method. This is where a cash home buyer can help. Cash offers take significantly less time to complete. You can close on your home in a much shorter amount of time than waiting for a Lender to approve an application. With saving time, you also save money. This is beyond the old saying “Time is Money” because with the cash offer you don’t have to pay as many fees in the process. You will still have to pay certain taxes and fees and those you cannot escape, but this process will help lower the amount of fees you will have to pay.