If you’ve recently gotten a divorce or lost a job or you face an impending foreclosure or have an underwater mortgage, it may be time to sell to a cash house-buying agency. In fact, these transactions are becoming more popular because people don’t want to wait two or three months to sell their homes. That said, here are some key advantages of accepting an offer from a cash house-buying firm.
The process of commencing a cash for houses in Austin TX deal is very simple. The first step is to contact a buying firm and provide some information about your house and situation. A buying agent will then visit your residence and do a walkthrough. If his firm is interested in buying your property, you could have an offer later that day.
Most cash-for-homes deals can be consummated in a week or two. This gives the buying firm time to draw up the paperwork and schedule its attorney for the closing. In all likelihood, you’ll get to select the actual closing date.
With a cash for houses Austin TX transaction, you’ll be given a check for the entire purchase price of your house. This is a check you can immediately convert to cash for any purpose.
When you sell a house the traditional way, a real estate agent will expect you to keep your house in tip-top shape, make minor repairs to drawers and cabinets and even change the décor in certain rooms. A cash for houses Austin TX dealer will not expect you to do any of this. It’ll purchase your house in its current state.
In most cases, a buying agency will not request an appraisal. That’s because it has experts on staff who already know the value of properties in your area.
Accepting an offer from a cash house-buying company will also prevent you from getting turned down for a loan. You won’t need a loan because you’ll have cash to purchase your next property.