I know you’ve seen the signs; “We buy houses in any condition for cash”, but are those methods legit or a scam? Selling your home for cash in 30 days can be done – although It may seem unlikely based on everything you’ve been reading – closings alone generally take 30 days or longer.
So how can you do it? How do the people with these signs do it? Well, let’s take a look at how you can sell your home quickly and for cash.
Selling Your Home for Cash in 30 Days
Selling Fast and for Cash
If you’re in the position to sell your home quickly and would like to sell it for cash, contacting a real estate investor is probably your best option. The likelihood of selling your home yourself, or with an agent, and having a cash buyer walk in is pretty rare.
The advantages to selling to a real estate investor includes:
- No commission to pay
- Repairs do not need to be made
- No selling price approval needed from a bank or lending institution
- Inspections are not required
Another advantage to selling to an investor, like BenBuysIndyHouses.com, is that the home sale can typically be completed in as little as a day to as much as 30 days. Which pales in comparison to the time it takes to sell through an agent.
Generally speaking, a sale through an agent – or on your own for that matter – will take you up to six months or more because they have to write the contract with you, take pictures, list the home and then wait for a qualified buyer. Then you have to complete the sales contract and begin the closing process, which can include multiple inspections and the closing process with the title agency. Whew, see what I mean?
How Does an Investor buy for Cash?
After you contact an investor, like BenBuysIndyHouses.com, they will take some basic information about your home, come to your home to evaluate it, determine a value and make you an offer.
Much like a real estate agent, the offer is based on the basics of your home; like how many bedrooms, bathrooms and amenities it has, as well as the condition of your home in comparison to homes recently sold in the area.
There’s no obligation on your part, as you can accept or reject the offer you receive. Keep in mind that selling for cash may mean a lower price than you were expecting to get. However, factor in the cost of paying commission, the time and added expense it may cost for updates or repairs, and the time waiting for a buyer and you may find it’s pretty much a wash.
Selling Your Home As-Is
Probably the biggest advantage of selling your home for cash, is the fact that you don’t have to do a thing to it – it’s true – you don’t have to sink a single dime into it to walk away with cash in hand.
Ben Buys Indy Houses understands that the money it takes to repair or update a home can add up. And not everyone has the money to hire a professional or the knowledge and experience to do the work yourself.
Who is a Good Candidate to Sell for Cash?
Really, there is no set criteria for who can work with an investor on selling your home. But the people that may find it most advantageous are:
- Those willing to accept a lower selling price
- Those needing to sell fast
- Those who can’t, or don’t want to do repairs or updates
- Those who need to get out from under rental or inherited property
When you decide to contact Ben Buys Indy Houses, don’t be afraid to do a bit of research beforehand to be prepared to accept, reject, or make a counteroffer. You can look at recently sold homes in your neighborhood by using Trulia.com or Zillow.com. Be sure to compare the following:
- Number of bedrooms
- Number of bathrooms
- Overall square footage of the home
- Acreage of the property
- Amenities like a garage, patio or pool
- Condition of the home
You should look at homes that are closest to your home first and move outward from there. The homes should have as much in common with your home as possible. Make a list of the homes and their sale price, then determine if your home is in worse shape than those homes are.
Once you have your information, determine a sale price you think you would get for listing your home, then consider how much less you are willing to accept from Ben Buys Indy Houses.
To hear more testimonials from happy sellers, visit Ben Buys Indy Houses YouTube page. Be sure to take a look at BenBuysIndyHouses.com for more information on how selling your home for cash in 30 days can be possible.