Busting the myths about selling your home for cash
There are various costs attached to selling a home. The complete task of selling a home from marketing and staging to negotiating and moving out is tedious. More often than not, the traditional method of selling doesn’t work out for many homeowners. In those situations, a cash offer from a reliable private investor can save the day. Aim High Properties, cash buyers in Cinnaminson, busts the various myths floating around about selling a house for cash.
MYTH # 1 Cash buyers are corrupt
Before investing a substantial amount in any commodity or service, everyone does their homework and research. Now with so much information available at the click of a button, home sellers must investigate the history and background of every cash buyer before engaging with one. Cash buyers are simply real estate investors who buy properties for cash and renovate and sell them to another buyer. Home sellers must check for reviews and ratings online before letting hearsay get the better of them.
MYTH # 2 Home sellers must repair their homes before selling
The traditional listings method requires home sellers to repair all flaws and conduct a professional staging event to sell their homes at the best prices. This means a huge investment. What if a home seller does not want to spend money on repairs and doesn’t have the liberty of months to wait for the right offer? Doesn’t a swift cash offer make life easy? Cash buyers buy a home as-is. There is no need for repairs or to wait. So essentially, home sellers are saving a substantial amount of money when they sell their house as-is. Use this savings to upscale the next house.
MYTH # 3 Home sellers can get more money if they market their homes
A marketing campaign requires home sellers to conduct complete repairs to a house; hire a professional photographer to click high-resolution, tasteful pictures; spend money on ad campaigns, and conduct staging events. The amount of financial and time investment in marketing is monumental. Marketing a house may get more views but the strength of the market, the season of the year, and the limited pool of potential buyers are odds that can delay a sale by months and years. One wrong listing and the buyer will simply move past it to another offer. The holding costs of a delayed sale are another add-on to remember. By considering selling a home for cash, home sellers not only avoid the complete marketing process and save costs but also expedite the selling process.
MYTH # 4 Negotiations with cash buyers will delay the sale of a house
Cash buyers view a property once and offer a fair price within 24 hours. Home sellers can expect the deal to be closed within a week! This is unlike traditional sales where the minimum time to close a deal is 90 days after the buyer’s offer. A cash offer from a reliable private investor is simple - quick closure and no repairs. Home sellers who are going through financial duress or circumstances that require them to sell their homes quickly for cash have found cash offers to be life-saving. Again check out sellers' experiences online or look for friend’s recommendations before choosing a cash buyer.
MYTH # 5 Cash buyers offer a low price
A myth perpetuated by real estate agents, nothing could be farther from the truth. Real estate agents, as well as private investors, make offers based on a house’s evaluation. The offers made by both entities are more or less similar. The only difference is that selling to a private investor does not require home sellers to spend more money in repair, commissions, staging, appraisals, and marketing. Moreover, homeowners selling for cash do not have to face the possibility of a sale falling through because of a rejected mortgage. Private investors are acutely aware of the real estate markets and have their own money to invest in properties they can turn around and sell further. So the closing is often quick and smooth. The amount of money that homeowners save when they sell their homes for cash is substantial. That is not the case in traditional sales.
The advantages of selling to cash buyers are many. From swift closing to saving money on overheads, home sellers can rely on cash buyers such as Aim High Properties for a seamless and fair selling experience.
Why Aim High Properties, LLC?
With its extensive knowledge of the business, the network of resources, and years of expertise, Aim High Properties have been helping homeowners with a variety of real estate problems. Why should home sellers choose Aim High Properties?
- A one-on-one relationship with customers to handle their unique situations
- Ability to directly purchase homes and make cash offers
- Offers an extremely fast, and hassle-free transaction
- Purchases property as well as sells homes directly to buyers
Besides these advantages for home sellers, Aim High Properties also offers wholesale property deals and investing opportunities for private money lenders. It also partners with agents to discover the best property deals in the area.
If you are looking for cash buyers or looking to sell your house fast in Cinnaminson, call (856) 861-6000 or email at info@aimhighprops.com