A cash buyer is a company, like us at My Quick Home Buyers, that will purchase your house without a bank loan. These companies purchase homes at low prices and make the necessary repairs to resell them for a profit. By selling your home to a cash buyer, you can avoid a number of time-consuming and expensive tasks, including showings and preparation. You can also close the transaction on a flexible timeline. However, it's important to note that not all cash buyer companies are the same.
A cash offer is an excellent option if you need to sell your house quickly and can't wait for a bank loan. Moreover, you won't have to worry about a home inspection, and the entire process can be closed in 30-45 days. Another benefit to a cash offer is that you won't have to worry about monthly mortgage payments or mortgage insurance. In addition, you'll receive instant equity. A cash buyer company will usually offer you the property's fair market value, deducting any repairs and utility bills.
A cash buyer is a great option if you're looking to sell your home in less than a month. Although real estate agents are expensive and come with a lot of fees, they need to have proven experience in selling houses in less than 30 days. Cash home buyers can often make you a fair offer within 24 hours and guarantee a 30-45 day closing.
If your house needs significant repairs, a cash buyer may be your only option. An average buyer will not be able to afford a property in this condition, and most lenders won't write a loan on a property that needs major repairs. Contact My Quick Home Buyers to get started on your cash offer.
Sell up to 10x faster & Save 8% on fees
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