SHOULD I CONSIDER A GUARANTEED CASH OFFER FOR MY HOME? 9 REASONS IT MIGHT BE RIGHT FOR YOU.

If you want to sell your home quickly, the traditional route might not be the best option. Even if your realtor lines up a buyer quickly, it can still take two months from listing to close. That doesn't include any prep work like cleaning, decluttering, or staging your property.

Anyone who's had to sell their home knows the value of finding a quick home buyer, especially when words like deep cleaning and open houses are mentioned. Unfortunately, many people don’t have the flexibility to wait long enough to sell their houses through traditional means. It takes fifty days for a financed buyer’s mortgage to be processed. If you’re looking to sell your home fast, fifty days is probably much longer than you want. To help sell your house fast and beat the standard timeline, you might need to think outside of the box. 

FORTUNATELY, YOU DO HAVE CHOICES. THERE ESSENTIALLY ARE TWO OPTIONS:

  1. Request and accept a cash offer through a company like Midwest Cash Offer. This can drastically reduce the time it takes to sell your home, and the process tends to be much easier on the seller. The guaranteed cash offer and the assistance many cash offer companies provide can be a great fit, especially in specific situations we’ll get into below.

  2. List your property with a high-quality real estate agent who can aggressively market to the right potential buyers and sell your property by creating a clear path to settlement.

While both have pros and cons, this guide will highlight a few situations where a guaranteed cash offer is worth considering and the unknowns and pitfalls. This guide will help give you a better understanding of when it's worth selling your house fast for cash.

Often, avoiding the potential nightmare of a lengthy and expensive home sale or figuring out the world of "for sale by owner" is worth it.” There are often other situations where finding the fastest way to sell your house makes sense. It is sometimes better to forgo the open houses, worry about curb appeal, and rely on a quick and find a trustworthy company who can buy your house for cash.

COMMON REASONS PEOPLE WANT TO SELL THEIR PROPERTY QUICKLY:

People face more than a few circumstances where a lengthy sale process could cause much more strain than finding a quick cash offer. If you find yourself in any of the situations below, there’s a decent chance that quickly getting a guaranteed cash offer could be a great fit. Those situations include…

YOU NEED TO MOVE AND SELL YOUR CURRENT HOUSE QUICKLY

Time is of the essence when you fall in love with a new house or find yourself moving to a new neighborhood. You want to buy that house as soon as possible, but you also don’t want to take on two mortgages with no end in sight. You need to buy your current home quickly and sell it for the best price possible without paying two mortgages for too long.

YOU GOT A NEW JOB

As companies continue to embrace remote work in the post-pandemic world, many ask employees to spend part of their time working in an office. In addition, many companies are shifting back to the traditional daily attendance in the office. Someone can rarely stay where they are after finding a job in a new area. When you need to sell your house fast for a job relocation, the pressure of adhering to a start date and straddling two locations can make the process tricky. A guaranteed cash offer is potentially a great fit if getting the home sold fast is more important than finding the perfect buyer

JOB LOSS/LOSS OF INCOME

Losing a job or experiencing a significant drop in income can force you to move, downsize, or sell your home in a hurry. Often, selling your home quickly can make a massive difference in helping to quickly alleviate a lot of the financial burdens and obligations that can cause even more problems.

A quick house sale might be the best way to get you out of financial trouble and ensure that mortgage payments are covered while you look for new employment.

GOING THROUGH A DIVORCE

When people divorce, they often sell their homes. This can be a positive thing, allowing them to move on with their lives. However, selling your home is often easier said than done. It takes time to get the house ready for sale and time for potential buyers to come through and make offers. The process can be complex and cause additional stress during a very stressful time. Selling your house quickly can alleviate tension caused by a divorce.

RECEIVING A PROPERTY IN AN INHERITANCE

When a person receives an inheritance from a loved one, that person may not have any use for a property they inherited. Often, it's best to sell it quickly for cash instead of worrying about managing the property. Finding a cash buyer who will pay them fast is a great way to avoid complications in managing the assets from an inheritance.

FOUNDATION ISSUES

Major foundation repair can cost tens of thousands of dollars, and it presents a substantial obstacle to quickly selling a home through traditional means. To make matters worse, ignoring these issues can worsen over time and threaten the home’s structural integrity. Selling a home with existing issues means the buyers will express concerns after inspections and force you to give a substantial discount to help close the deal. When foundation issues persist, having a cash offer is a great way to find a partner to address the problem quickly. Trying to close a house being sold by the owner presents many issues, especially when the house needs expensive repairs like fixing a foundation.

BAD TENANTS

If you’re a property manager or have experience renting your home to tenants, you know the potential damage and problems bad renters can cause. Poor treatment of a house can quickly turn a profitable rental property into an investment gone wrong. Often, houses in disrepair caused by poor tenants means the home won’t qualify for traditional financing-making a purchase impossible for many potential buyers.

POOR LOCATION

Even when a property owner originally loves the area surrounding their home, a change in the area or new construction can turn a perfect location into a place they want to leave. This sometimes happens when crime rates skyrocket in an area. New construction can make an area less hospitable- especially when new developments are high-traffic commercial buildings. Changes to an area often result in owners feeling eager or anxious to sell their home with minimal difficulty and negotiation. 

TAX LIENS

If you have unpaid property taxes or income taxes, the government may place a tax lien on your property. This means that until the debt is paid off, the government can lay claim to your home. If you don’t have the liquidity to pay off this debt quickly, you may need to sell your home and relocate. Finding a cash home buyer can be a great way to sell the property fast and put any tax problems behind you. If you want to get a guaranteed cash offer for your home and want to skip the real estate agent, we pay cash to buy houses fast.

So, if you're selling your house due to a divorce, relocating, need to downsize, or just have a mortgage payment that you want to get rid of, we can give you a fair, guaranteed cash offer for your home: no mortgage loans, closing costs, no inspection contingency, and no long-selling process.

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