The biggest reasons why house sales fall yearly to include the following: a home buyer changes his mind, problems discovered about the property upon inspection, buyers unable to secure or get approved for mortgage finance, and chains breaking down. In a home sale, home seller find these problems for real, so allow us to share with you details of it. Until contracts are exchanged, the property sale is not guaranteed, and for those people buying a property to call their “home”, there is a great emotion involved and they might get cold feet right up to the point of exchange and just back out from the sale. There is a cycle involved in this process of trying to find a willing conventional buyer for your home which is somehow challenging and frustrating.
Cash home buyers buy and sell houses as a business, so there is no emotional attachment involved because it is treated as a commercial transaction, and all processes are completed in a short time, thus giving the home seller a peace of mind. Once a home seller accepts the offer of the real estate investor, all other processes run smoothly until the closing date, no withdrawing from the sale, and get cash payment without so much stress and hassle. If there are issues or problems with the property at the survey, a conventional home buyer may not have the funds to fix it, and a mortgage lender may refuse to lend because of the impediment. There are certain issues that are not recommended for mortgages such as defective or short leases, sitting tenants, structural issues, or non-standard construction properties. Mortgage companies are now more strict than ever so many conventional buyers fail to foresee that they’ll get lesser amount for mortgage than they originally expected, leaving home sellers left with empty hands. If you are selling your home in less than six months, you may have struggling buyers and lenders, so a cash sale is the best option for you. If you deal with a conventional buyer, expect to also deal with a long chain of real estate agents, solicitors, buyers, and inspectors, and there is a high probability of this chain breaking easily, leaving you empty-handed for a long period of time.
It is best to deal with a cash buyer or investor that is trusted, reputable, and reliable so you won’t be ripped off when selling your property. Allow us to help you find the best cash buyer for your home, contact us today through our homepage or website now! A cash buyer will pay you real cash, no repairs needed, and save you more time.