The market for quick cash home buyers in various parts of Ohio, like Cuyahoga County and others, has seen several owners successfully sell their property. But, can this fact still establish that it's better to sell your home for cash than to take your chances with a Real Estate Agent?
Primary Challenges of Selling Your Home The Traditional Way
Listing a house for sale and getting a call back right away almost never happens. Plus, such is nearly never the scenario when you choose the option to sell your home quickly for cash-in-hand deals. However, the latter has a certain sullied reputation due to bad actors.
Still, despite the infamy, it's a viable option that prevents you from facing these three outcomes:
Waiting Period
Overwhelming Process
Deals Falling Apart
It's true. These are three well-known inevitable realities of choosing to sell your home via traditional methods. But here's how cash home buyers can remedy each of these challenges!
1. Waiting Period
After a property is listed for sale, it takes on an average of three months until the offers begin to arrive. So, it's not only an entire season for which you will have to maintain the property, but also longer, depending on various factors.
Parallelly, when you will only accept a deal at steep prices, it may prolong the final date of the sale. Since typical real estate buyers will also take a period between a week or less to a couple of months, the entire ordeal can easily surpass four months.
Solution
A home sale to cash home buyers is comparatively speedy while following all the legal procedures. In most cases, the entire cash deal for home sale in states like Ohio or within counties like Cuyahoga can be completed in a fortnight or even less.
2. Overwhelming Process
Selling a house involves staging it for prospective buyers and real estate agents or agencies and having someone to display it well enough. Unless negotiated correctly, it's possible for the sale price to get down after numerous rejections, incurring bad goodwill of a perfectly fine property.
On the contrary, it's also possible to self-manage the legal procedures or hire lawyers to complete the transaction, which adds to the cost. In a nutshell, the entire process is lengthy and relies on numerous factors to get completed quickly.
Solution
Cash home sale does not require the owner to go through three or four hoops. Straightaway, they can contact the home buyers, whose team(s) will assess its market pricing, prepare an offer, and the rest is your choice. It can even happen that the deal for the cash sale of the house takes merely two days or a week - as required.
3. Deals Falling Apart
Another bungle-up that happens when selling a property via primitive methods is to witness the deals break at the last moment. It's not uncommon anywhere, but it still reduces the entire period's efforts to zero. Not only could it also cost negatively, but it also may cause a significant loss of time if it happens to be true.
Solution
In a cash sale to home buyers, there is no pressure to make the deal. It's either a yes or no, for which you can take your time to decide. Of course, anything over a couple of weeks is fine, maybe more, too. But it all can still be negotiated in special circumstances.
Hence, cash sale has less to no chance of falling apart while obtaining your property's worth sooner rather than later.