Five Advantages to Selling Your Home For Cash

by | May 2, 2019 | Real Estate

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You’ve probably seen the “Cash for Houses” signs posted around your neighborhood or in your local shopper’s guide, but are these offers legitimate? The answer is yes but you want to make sure you’re dealing with a legitimate homebuying firm. If you can locate one in your area, here are some benefits it can offer you.

You Keep All the Money
A cash sale is exactly what it means. You’ll receive cash for your home, which you can use to purchase another house, invest or take a much-needed trip. In return for the liquidity of the transaction, you’ll receive a fair but lower price for your house.

Quick Sale
An offer on a We Buy Homes Chicago deal can take place over a 24-hour period. And the closing may transpire within a week or so. Your firm can tell you what you’ll need to complete the deal, and you should also check with your attorney.

Eliminates Hassles
If you’ve ever sold a house before, you know it’s a pain in the neck. You have to meet with real estate agents who often instruct you to make lots of changes. You also have to clean and leave your house every time your agent shows the house. A We Buy Homes Chicago transaction eliminates this hassle.

No Appraisals
An appraisal usually runs in the neighborhood of $300 or $400. Your cash homebuyer will not expect you to get an appraisal because he’ll already know the market value of your house. You may, however, want to have your home appraised to determine it’s value.

Guaranteed Sale
When you answer a We Buy Homes Chicago ad from a reputable buyer, it’s a guaranteed sale as soon as you agree on a fair selling price. And this helps you avoid potential buyers who back out at the last minute.

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