Should You Sell Your Home for Cash?

There are some very appealing reasons to sell your “as is” home for cash to a cash home buyer. Here are some pros that may appeal to you.

Fast Home Offers

The big promise is that you can get an instant cash offer and find out how much you can get for your home right away.

Some may provide rapid offers. Others will want to speak on the phone and come out and inspect the property before they will make an offer. Either way, you won’t get a final offer until they perform a home inspection.

Fast Home Sales

Another big lure of selling a home for cash is the speed. It’s nice to know that your closing is coming up, and you can make new life plans. True all-cash buyers can typically close within a few days, providing they can get any title work, insurance, appraisals, and inspections done, and the closing agent can accommodate the closing.

No Repairs or Home Staging

These buyers typically won’t require any repairs or updates to be made. This helps many homeowners who are selling because they are tight on money or are losing homes to foreclosure. 

They will not give you any extra credit for staging the home and making it prettier. They are planning on doing that themselves, and their design ideas are probably a lot different than yours. This saves you from putting money into a property you’re just trying to sell.

Able to Sell in Difficult Circumstances

Many of these investors may buy your home for cash in challenging scenarios that turn off other buyers or in which no lenders will loan a buyer money to purchase the house.

For example:

  • Homes with title flaws
  • Homes with large amounts of past due taxes and fees
  • Burned out or storm-damaged homes
  • Properties with illegal conversions or code violations
  • Homes requiring major repairs

You can reach these buyers online through the MLS or your Realtor’s contacts too. However, some of these home for cash buyers specialize in purchasing deeply distressed properties.

Ultimately, if you are in a desperate situation, have lots of home equity or own your home free and clear, and need to sell in the next couple weeks – selling your house for cash may be an ideal sales route for you. If you’re ready to explore the selling your “as is” home for cash, contact our team at St. Louis Realty Advisors at 314-270-1601 for your quick, fair cash offer.

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