When selling your house it can be confusing to know what all of your options are. Selling a home to an all-cash buyer is an increasingly popular option that many homeowners are choosing because it simplifies and expedites the process.
Benefits of selling your house for all-cash includes:
- Not having to wait for potential buyers.
- There are no inspection contingencies or repairs needed
- Avoiding commission fees and buyer’s closing costs.
- Skipping the hassle of updating your home before selling.
Selling your house is stressful but all-cash buyers are committed to making the process hassle-free. These buyers have the resources and knowledge to speed up the process of selling your house, and pride themselves on saving you from the stress of waiting on your house to sell. The real estate market is competitive and it can take weeks, sometimes months to receive an offer on your home. By choosing to sell your home to a St. Louis all-cash home buyer, you’re ensuring a quick sale for your house. Not only will these buyers offer all-cash for your home, but they will be able to do so in as quickly as a day.
No Inspection Contingencies or Repairs
One of the most stressful parts of selling your house with a realtor is dealing with prospective home buyers who might back out at a moments notice. When selling your home with a realtor, most purchase contracts contain a home inspection contingency clause. This means that a potential buyer can cancel the sale of your home at any time, or ask for repairs to be done to the home before they buy it. After all of this, it can take another 30-45 days to deal with financing contingencies and other unexpected setbacks that might happen. Potential home buyers are not legally obligated to buy your home if they ask for repairs to be done, or if their home loan lender or bank falls through with their home loan. They can still back out of the deal leaving you with the costs of the house repairs and no one to buy your home. Selling your home to an all-cash buyer allows for you to sell your home in as-is condition, and receive cash for your home in as soon as a day.
No Commission Fees or Buyer’s Closing Costs
Making the decision to sell your house isn’t easy, so the last thing that you’ll want during this time is added financial burden. Realtors often charge steep commission fees and charge buyer’s closing costs to sellers. The average realtor commission fee is 5-6% of the money received from the sale of your house, and you will have to pay an additional $3,000-$6,000 of the buyer’s closing costs. This will come out of your pocket and go directly to the buyer of your home to cover appraisals, lenders fees, inspections and other closing costs the buyer will have. By choosing to work with an all-cash home buyer, you will skip wasting money on these pesky and unnecessary fees. All-cash buyers provide free, no obligation consultations and won’t charge you a commission fee. These buyers are interested in helping you sell your home quickly for the most money possible.
No Updates Required
While home improvements can be fun, they can also be a source of unneeded stress when selling your home. Suddenly that quirky carpet pattern in the kids’ room doesn’t look so great, or the shade of red in the kitchen looks garish. Selling to a St. Louis as-is cash home buyer will let you escape the financial and mental stress of dealing with home improvements. They are excited to take your outdated home out of your hands, no updates required. This lets you focus your time and money on envisioning the potential of your next home.
If you’re interested in selling your house to a St. Louis as-is home buyer, Evervest Home Buyers is a local favorite that has bought more than 700 homes since 1996. As St. Louis natives, we understand that the local market is competitive and can be overwhelming to homeowners looking to sell. We have the resources to make the process of selling your home as stress-free as possible, and will make a competitive all-cash offer for your house in as soon as a week. If you’re interested in scheduling a free consultation, call (314) 730-0366 or Contact Us today!