Cash sale as an alternative to a conventional listing

Cash sale as an alternative to a conventional listing

While listing a home via a real estate agent remains a popular sale option for homeowners, selling for cash continues to gain popularity.

Cash home buyers offer numerous advantages.

A conventional listing often requires some sprucing up of the property to make it attractive. Curb appeal is important. Homeowners might devote considerable time, effort and money into painting, landscaping and the little touches that draw in buyers. Real estate agents frequently have suggestions to expedite attracting a buyer. These recommendations come right out of the pocket of the seller. There are then open-houses and showings that can be inconvenient and invasive. Once a buyer expresses interest, bank lending becomes an issue. Before agreeing to a mortgage, the bank demands a home inspection and appraisal. A lower appraisal than expected means the bank won’t pay the full amount. Issues that show up on an inspection tend to lead to the homeowner taking on repairs. These requirements can be as small as replacing power outlets to updating the electric panel, a new roof or new HVAC system. They can quickly become very expensive. The cost is the responsibility of the seller. After all of that, the negotiations start. The process can drag on for months, and there’s a very real risk of the deal falling through completely. With Leger Home Buyers, every stage of the process is swift, smooth and stress-free. They assist homeowners with challenging situations, such as foreclosure, probate or major property damage. A cash offer comes with no obligation. Once the offer is accepted, the closing can happen in a matter of days. The seller receives the full amount without paying closing costs, realtor commissions or fees of any kind.

 

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