12 Reasons Why You Should Sell Your House for Cash
1. You need to stop foreclosure.
If you’re in pre-foreclosure, selling your house for cash is something you should seriously consider. It means your mortgage and back payments will be completely paid off, so you’ll avoid the upcoming auction and the traumatic credit damages that come with a foreclosure or bankruptcy filing.
At USA Properties, we will also put cash in your pocket and work with you to make sure you have the time and resources necessary to relocate, so you’ll actually make money in the process.
2. You want to get vacant property or land off your hands.
If you have a house or piece of land that’s sitting empty, that’s money being drained from your pockets every month. Anything from an empty vacation rental that’s just costing you too much in taxes, to a house that’s been sitting empty for years with who-knows-what inside — you can sell it for cash!
3. You’re trying to get rid of a distressed property.
If you own a property that’s too run-down to be sold on the MLS, selling it for cash is a great option! The headache will be off your hands, and you can let us take care of all the repairs. Even if the property has water or fire damage, needs a full rehab, or complete tear-down, there’s hardly ever a distressed property that can’t be sold for cash.
4. You’ve inherited a property and don’t have the time or resources to deal with it.
Many people who inherit a home simply don’t have the time, money, or desire to deal with the challenges of taking on someone else’s property. Inherited properties are usually on the older side and need a significant amount of cleaning and repairs in order to be ready for listing, and that’s a big project that not everyone is up for. If that’s the case, you should think about selling to a cash buyer who has the resources to take on the task.
5. You own a rental property with nightmare tenants.
If you’ve got a rental property with tenants that are uncooperative, dirty, or just a straight up nuisance, selling the house for cash might just be your best option to get rid of the headache once and for all. Even if the property has squatters that won’t leave, a knowledgeable and experienced cash buyer will be able to work with you.
6. You have to sell the house due to a divorce.
Divorce is never an easy process, and more than 35% of divorces involve the sale of a couple's home. If you’re going through a divorce and need to sell your house, you should consider selling for cash so that the sale is fast, easy, and stress-free. This way, you won’t have to do any repairs or stage the house, and most cash home buyers can close within 14 days of signing a purchase agreement so you can quickly move on from this period in your life.
7. Your house isn’t selling on the MLS.
If your house just isn’t selling on the MLS, you’re not alone: statistics show that a house on the market takes an average of 295 days to sell. There are plenty of reasons why your house might not be selling on the MLS, some of which are listed above. Whatever the reason may be, if you’re tired of looking for a buyer through conventional means, selling to a cash buyer is something you should consider.
8. You want to keep the sale private.
There are some situations in which you might want to keep the sale of your house private, and using a cash buyer allows you to do so. When you work with a cash buyer, this means you won’t have to deal with advertising the sale online, putting a sign in the yard that says, “for sale,” or anything else that will bring attention to the upcoming transaction.
9. You don’t want to deal with doing repairs.
Kitchen need remodeling? Roof falling apart? Leak under the bathroom sink? Not a problem! Cash home buyers purchase properties in as-is condition, so there’s no need to worry about doing any remodeling or repairs. We take care of all of that for you, and our investments are based on the value of the property itself, not how nice it looks when we buy it.
If you don’t have the time, money, or ability to deal with all the headaches that come with home repairs, you might just want to think about selling your house for cash.
10. You don’t want to pay agent commissions.
Since there aren’t any real estate agents involved, you’ll never have to worry about paying those commissions that can dig into up to 7% of your profits on top of the inspections and repairs you would already have to pay for in order to list the house on the MLS. When you sell to a cash buyer, you’ll save thousands of dollars in fees and commissions — you get to keep it all!
11. You need to close FAST.
When you sell your house with a real estate agent, closing can take forever - usually anywhere from several weeks to several MONTHS! This is because when the property is listed with an agent, the potential buyer has to find a lender, have the property appraised, pay for inspections, handle repairs, etc.
When working with a cash buyer, the property will be purchased in as-is condition, so you won’t have to worry about any of those things, and you’ll save a lot of time. Selling for cash is a great option for people who need to close on a quick timeline.
12. The sale is less likely to fall through.
There’s nothing like the stress of having a buyer fall through at the last minute when you’re trying to sell your house. Since the house is being purchased with cash, you don’t have to worry about your buyer backing out because they didn’t qualify for a loan.
Think selling for cash might be the right option for you?
Selling your house for cash should be a quick and stress-free process. Remember: a legitimate cash home buyer will never require money from you to complete the process.
If you think selling your house for cash could be the right option for you, click here to get started. To get in touch with a USA Properties representative, give us a call/text at (424) 265-4777 or send us an email at Homes@USAPropertiesOnline.com. We look forward to hearing from you!
