Traditional sale of home is lengthy and stressful

Traditional sale of home is lengthy and stressful

Selling a house can be a massive hassle.

In most cases, the property needs to be prepared for showings.

The homeowners are expected to vacate the property while strangers walk through the rooms. It’s necessary to find a realtor, take real estate photos and endure the lengthy wait for offers to come in. The offers rarely match the asking price. There is haggling involved. Once a price is agreed upon, the prospective buyer heads to the bank to get a loan. The bank wants to make sure the property is worth the price and sufficient for collateral on the loan. The next step is usually an appraisal and home inspection. A home inspection covers essentials such as HVAC, plumbing, electrical, roof, septic and foundation. Any little infraction is listed and undermines the deal. The bank demands that certain things are repaired. Either the homeowner pays for and handles those repairs or the selling price is lowered. Getting a lower price for the home doesn’t change the need to pay realtor commissions, appraisal costs and closing fees. Plus, the months the home remains on the market, the homeowner continues to deal with utilities, upkeep and taxes. An alternative is a cash home buyer. In Jacksonville, Florida, cash home buyers continue to gain popularity as a viable alternative to a conventional real estate listing. Cash home buyers provide a firm offer as quickly as a few hours after receiving an online contact form. There is no negotiation. If the offer is accepted, the closing can be expected to happen in as little as ten days later.

 

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