If you’re a little teary-eyed at the idea of selling your house, you’re far from alone.
Selling a property is one of the most stressful life events a person can go through, and those tears are rarely happy ones! In fact, research shows that the stresses of selling left 36% of U.S. adults in tears, with 20% of them crying five times or more. Factors like uncertainty over the sale price, the selling timeline, or the deal falling through were some of the biggest concerns.
Why put yourself through that for a property you don’t even want?
Selling your home for cash can help you get quick cash for your home with less stress, in addition to a host of other perks. If you’re on the fence about making a cash sale, here are a few key reasons why you might want to consider working with cash buyers.
You’ll Get Cash Fast
One of the biggest advantages of selling to a cash buyer is that you’ll get cash fast! Our expert team will make you an offer within 24 hours, and you can often receive money in as little as two weeks.
For sellers who need money to pay bills and deal with other expenses, this quick turnaround means convenient and lightning-quick access to cash.
The speed of a cash sale can cut down your selling timeline by a great deal. On average, it takes around 39 days to sell a home, and that’s if you’re lucky. With a cash sale, you can sell exactly when you’re ready without waiting and wondering when a buyer will make an offer.
You’ll Get an Easy and Fair Offer
Once you’ve gotten an offer from our cash buyers, you get to decide whether the quote matches your expectations. If you’re not satisfied, there’s no obligation: it really is a stress-free process! In fact, the cash-buying process is so simple that we sometimes have homeowners who list a property with a real estate agent but decide to accept our offer down the line when they’re tired of waiting for a buyer to bite.
What’s more, our offers for your as-is home are always fair. No one’s denying that it’s possible to earn top dollar for your home if you go through staging, repairs, open houses, bidding wars, and buyer negotiations, but not everyone wants to deal with the hassle. Instead, you can opt for a fair price for your home in its current condition without putting in a second of extra work.
You’ll Save on Real Estate Agent Commissions
When you work with a real estate agent, you won’t have to pay them a cent up front, no matter how much research and legwork they do. That’s because they work on a commission model of payment, meaning they’ll take a percentage of your home’s final sale price.
Though commission fees vary, you can expect to pay between 5-6%, which is $25,000 on a $500,000 home!
Worse, because you’ll sign an exclusive right-to-sell agreement, you’ll have to pay your real estate agent even if you find the buyer on your own through your social network.
With cash buyers, you avoid these commission costs completely: the offer you see is what you get.
You’ll Save on Closing Costs
In addition to the fees that go to your realtor, homeowners who sell through the traditional listing process have to pay closing costs at the time of their home’s sale.
These costs range from 2-5% of the loan amount for the home. Though the buyer is often expected to pay for most of these costs, sellers may be on the hook for some of them. The seller’s costs may include things like title insurance, transfer tax, HOA fees, attorney fees, prorated property taxes, and other fees.
When you work with a company offering cash for homes, on the other hand, you can avoid these frustrating costs altogether. Our no-fee Quick Cash Close option involves a fair, all-cash offer without commissions or fees.
There’s No Need for Repairs, Upgrades, or Staging
Your time is valuable, which is why cash sales can be such a great deal.
With the traditional home sale process, you’ll have to invest your time and money into expensive repairs or upgrades if you’re hoping to earn a high sale price. Fixing obvious flaws, for example, can make buyers more likely to take the plunge, and the right home upgrades can come with a significant ROI in your final sale price.
However, not all homeowners have the time to spend on an extensive kitchen remodel, nor do all sellers have the money to refinish old hardwood floors.
Staging is another key area where sellers might have to splurge. During a traditional home sale, some sellers opt to rent furniture, pay professional stagers, and give the property a thorough cleaning. Investing in these visual touches can be expensive and inconvenient.
That’s where it helps to work with cash buyers for homes. When you take a cash offer, you get to avoid sinking your time and effort into repairs, upgrades, and staging for a home you no longer want.
You Don’t Need to Worry About Home Inspections
Home inspections are the bane of every seller’s existence for several reasons.
First, the information revealed during a home inspection can sometimes be enough to make a buyer change their price. If the inspector finds that more repairs are needed than everyone expected, you may have to negotiate with this new information in mind.
In addition, the inspection period itself can be long and drawn out. You can expect to let countless contractors into your home, from plumbing inspectors to roof inspectors, to take a look at its current state.
With cash buyers, there’s no need to wait for a thorough inspection period: we’ll do the inspection ourselves when we make the offer. Even better, we’ll give you an offer once we’re done, and the price tag won’t change.
You Don’t Need to Schedule Showings or Open Houses
Buyers won’t buy a home sight unseen, which is why it’s so important to schedule open houses and showings during the traditional sale process.
However, making time for strangers to walk through your home, often during multiple events, can be an inconvenience if you have a busy schedule.
With a cash buyer, we’ll walk through your home once and give you an offer within 24 hours.
You Won’t Deal With Fickle Buyers
Unfortunately, buyers can be fickle, meaning they can sometimes back out of a home sale at the last minute. This can happen when they’ve changed their mind about the house or simply gotten cold feet. This option may make them default on a signed real estate contract, which means they’ll lose their deposit, but it still leaves you with a property you don’t want.
Getting a cash offer for a home, on the other hand, means you won’t have to deal with fickle buyers who have the option to change their minds at the last second.
Instead, you’ll be working with real estate pros who commit to their offer. Once we’ve given you a quote in writing, it’s a guarantee. We won’t change our minds!
There’s No Worrying About Loan Contingencies
Loan contingencies are clauses in your real estate contract that give buyers the opportunity to back out if certain conditions aren’t met. When this happens, you’ll have to return their deposit and allow them to walk away.
One of the most common contingencies leading to unexpected changes is the home inspection contingency. As we’ve hinted above, home inspections are the point where many buyers back out, especially if the inspection reveals that the house’s repairs may be more trouble than the property is worth.
Buyers can also back out if the home appraises for less than the purchase price, or if a title search finds liens or easements. In addition, they can back out if their mortgage financing falls through, or even if they’ve failed to sell their current home in time to buy yours.
In other words, your real estate contract offers buyers a lot of protection as well as a lot of reasons to back out, meaning all of your hard work during the sale process may go down the drain.
You Won’t Have to Make Payments on Your Home
Making payments on a second property while you wait for a sale can be frustrating. From your mortgage to property taxes to homeowners insurance to utility bills, you’re wasting money on a home you don’t even live in.
With a quick sale through a team of cash buyers, you won’t have to worry about throwing more of your savings into a money pit. Instead, you’ll get rid of the property fast!
Even better, if you’re behind on property taxes or house payments, selling to cash buyers fast can help you earn the money you need while avoiding foreclosure.
You Won’t Have to Deal With the Current Tenants
If the property you want to sell is one you’re renting out, you may be annoyed with the headache of dealing with tenants. When you sell through the traditional real estate process, you’ll have to notify them of the end of tenancy or even evict them, if necessary.
If you’re a landlord, let a team of cash buyers take care of your current tenants for you. We’ll deal with the paperwork, and you’ll walk away with cash in hand.
You’ll Be Able to Focus on Your Life
Many of the home sellers we work with just want to focus on their own lives instead of wasting time and effort on a property they don’t need.
Many of our clients are people going through a divorce, families relocating, or landlords who don’t want to deal with their tenants any longer. We also see people who have inherited land or property they don’t need as well as people who can’t afford to make payments on a second home.
When you have more important things to focus on than a home sale, working with cash buyers is the way to go. Because we’ll buy your home fast in as-is condition, you’ll get the fresh start you need with less effort.
There’s No Pressure to Sell
We want what’s best for you, whatever that may be. As a result, we have a strict no-pressure policy: once we’ve made an offer, you can shop around or choose whether or not you want to take it. If our offer isn’t right for you, we can even connect you with other resources to help you get rid of your property!
You’ll Work With an Expert Team
Not all cash buyers are created equal.
At Fast Cash Home Buyers, we’re real estate investors and licensed Long Beach real estate agents. This means we help homeowners like you meet your goals for your sale, offering more options for selling your Long Beach property.
Even better, our wealth of experience means we can help you decide which solution you need, even if that means pointing you to other resources if we aren’t the right fit. The goal of our family-owned company is always to offer a practical win-win outcome.
Sell Your Home for Cash Today
Working with cash buyers is a great way to save money, time, and effort, not to mention to avoid the stress and headaches that come with a traditional home sale!
If you’re ready to sell your home fast for cash, we’re here to help. Here at Fast Cash Home Buyers, we buy Long Beach homes for cash in as-is condition for a fair price. To learn more, contact us for an offer today.