The beautiful town of Schertz, Texas has one of the most vibrant housing markets in the United States. However, even this prime market can pose trouble for someone looking to sell a home. Even if there are a number of people interested in the home, the process of having open houses and inviting strangers into your house can be nerve wrecking.
It can also be expensive to hire a real estate agent who will keep a sizable amount of the profit from the sale. In many instances, it’s better to rely upon a cash home buyer to handle the sale. Fortunately, we buy Houses in Schertz, TX to help you avoid a plethora of potential pitfalls. You would be surprised how many things can potentially go wrong if you try to sell your home through financing. Fortunately, we’ve taken the liberty to prepare the top five reasons you should sell your home for cash.
Reasons to Sell Your Home for Cash
#5 Save Yourself Money
In order to sell a home, you must list it so people know it’s for sale. However, just listing the home isn’t enough. You then have to advertise the fact that the home is for sale and this can be extremely expensive. It can cost thousands to list your home for sale on the popular websites which cuts into your profits. It doesn’t matter if you sell the home for 10% more if you spend 15% advertising the sale.
If you don’t advertise the sale, you won’t get its true value because there will be less people who are interested. The laws of supply and demand will work against you if you don’t let seriously interested buyers know you intend to sell the home. Fortunately, we buy houses In Schertz, TX and we’re the only people you need to contact. We’ll make you a very competitive offer which allows you to move on to bigger and better things.
#4 Keep Your Home Secure
It’s well known that there are people who attend open houses for the complimentary food and drinks. It’s important to remember that these people are strangers and they don’t care about your home the way you do. There’s no telling what type of damage they may inadvertently do to your home which can decrease the value.
There are also instances where people intentionally damage the home in an effort to lower the value. These people are looking to buy the home and something as simple as a paper towel in the toilet can lead to some serious plumbing issues. Any problem with the home can work in the bidder’s favor. Open houses are also expensive and spending lots of money defeats the purpose of selling the home.
#3 Cut the Red Tape
There is a lot of work involved in financing a home, and these issues can lead to a lot of frustration. Obviously, you want to sell the home to the highest offer, but this isn’t always possible. The person offering to buy the home doesn’t actually pay for it, the financial institution (bank or credit union) does. Therefore, someone who was seriously interested in the home may be declined for financing.
You will then have to track own other buyers who you already declined or list the home for sale again. There are a number of deals that fall through because of red tape and it isn’t just because of financing. Some deals don’t go through because the interested party doesn’t have the money to pay the closing costs. Regardless of how well you present your home, factors beyond your control could cause a financed deal to fall through. There are also mountains of paperwork to fill out before the bank will even consider financing the home. You can reduce the amount of paperwork by simply selling your home for cash.
#2 Know Exactly How Much You Will Receive
You can list your home for whatever price you’d like, but it’s difficult to determine how much someone else will offer for it. Even if you have an offer, you have to subtract the money you’ve already spent from this number to determine how much you actually profited. A real estate agent also makes 6% commission if you choose to go that route. This can easily become a five figure number if you live in a prominent community. By the time you’ve paid to advertise your listing and paid the agent, you could be out of up to 20% of the sale price There’s also something to be said for peace of mind, because so much can go wrong with a financed sell. However, none of these is the best reason to sell your home for cash.
#1 Save Time
Sometimes an emergency forces you to sell. Other times, you’re just looking to move to a better place or looking to retire. Regardless of your motives, you probably don’t want to wait a long time to get your money. However, most homes stay on the market for 65 days before the sale is complete. There are a number of things that can cause you to your wait to be substantially longer. However, a cash offer can be completed much quicker because there are fewer parties involved and less paperwork to file. Fortunately we buy houses in Schertz, TX so you can avoid lots of red tape.
A cash close can be completed in as little as 2 weeks, without the need for the big headache. In fact, peace of mind could have easily topped this list because selling your home doesn’t have to be a difficult time. There are probably a lot of people in Schertz who want to purchase a home like yours, but it’s very time consuming to get the deal finished. It should be noted that we also buy cash homes in San Antonio, Texas as well. Selling your home is one of the most important decisions you will ever make. The route you take to sell the home is probably a close second.