If you’ve ever sold or purchased a house, you may have come across ‘We Buy Houses In Orlando’ or Cash Home Buyers signboards. The advertisement does seem self-explanatory – a buyer who pays cash for homes. Like everything else in life, things are not always as they seem. If you’ve wanted to learn more about the concept, read on:
What Is A Cash Home Buyer?
Cash home buyers are real estate investors who buy properties outright for cash. Unlike traditional buyers, they don’t have to avail themselves a mortgage to buy the property. Since this is a cash deal, it can be completed as soon as the seller is ready, sometimes in less than three days. This is beneficial to a seller who needs to offload his property quickly. The money is paid immediately on closing and not held in escrow.
What Are The Advantages of Selling To A Cash Home Buyer?
Cash Home Buyers buy homes As-Is.
You don’t have to worry about repairs, home inspections, or marketing. Since this is an all-cash, As-Is deal, you don’t have to hire real estate agents or pay them a commission. You can sell any house fast in Orlando.
This Is A Stress-Free Sales Process:
Cash home buyers buy homes As-Is, which means you can sell any house without worrying about its condition. Concerned about a short sale? Cash home buyers can help! Do you own a house with title issues? Was the house damaged in a flood or fire? Does the house need a new roof? Cash home buyers can buy any place irrespective of its condition and location
What Are The Disadvantages Of Selling A House For Cash?
A Cash Home Deal Is Not For Everyone
If your house is well-maintained and you aren’t in a hurry to sell, it’s best to list the property through a real estate agent. While a real estate investor makes a fair offer, he cannot buy the house for market price. He will discount the money he might incur on repairs, remodeling, and other such expenses.
Not All Cash Home Buyers Are Genuine
While chances of a scam are rare, they do happen. Remember to read reviews about the cash home buyer before agreeing to a deal. Work with a local property investor with a reputation for making a fair deal.
If you’re in Orlando and planning to secure a cash home deal, visit https://www.expressbuyers.com/. As one of the best cash home buyers in Orlando, we have established a reputation for making things happen in the local property market. Fill in the online contact form to see how we can help you.