An increasing number of sellers in the Orlando area are selling to cash house buyers instead of selling the traditional way via a real estate agent. In today’s busy and hurried world, selling quickly and stress-free to a cash buyer is an attractive choice. But what exactly is a cash home buyer? What are the benefits that attract homeowners to sell this way? Let’s look at the advantages of selling to a cash house buyer and why it may be a good choice for you.
What are the benefits of selling to a cash buyer?
Selling your Orlando home to a reputable cash buyer offers many great advantages. Sellers enjoy the ease and convenience of selling this way, and they like that the selling process is smoother, quicker, and has fewer hassles. According to Zillow, “Cash sales often come with fewer contingencies, making the transaction smoother and reducing the risk of the deal falling apart." Here are some other reasons many home sellers are choosing to sell to cash buyers:
- Quicker sale and closing: Cash sales can typically close much faster than traditional sales. Cash sales with a good cash home-buying company can close in as little as a few weeks. A quicker sale is great for sellers who are moving or need to close fast for other reasons.
- Sell “as is”: When you sell to a cash house buyer, you can skip making repairs and updates, saving you time and effort. Most cash buyers purchase houses in their current condition, which is great for selling a house that needs repairs or selling an inherited house that needs some updates.
- Fewer contingencies: Traditional home sales often come with many contingencies, such as home inspections and appraisals. These contingencies can cause complications and delays. For example, if there is a “sale of current home contingency,” that means the buyer can back out of the sale if they can’t sell their current home in a certain amount of time. Cash buyers generally have few contingencies, streamlining the process and making it quicker and more predictable.
- No need for appraisal: When selling a house the traditional way, mortgage companies require an appraisal to approve the buyer’s mortgage loan. But cash house buyers don’t need appraisals, further speeding up the selling process.
- No staging and showing your home: When selling an Orlando house the traditional way, open houses, showings, and staging are typically needed. This means keeping the house in tip-top shape for last-minute showings and having to leave the house for real estate agents to show it to potential buyers. When you sell your house to a cash buyer, you can skip these inconveniences.
- No commissions: As Forbes says, "When you sell to a cash buyer, you eliminate the need for a real estate agent, which can save you thousands in commission fees," reducing your upfront costs. Since a cash house buyer sale is a direct sale, no real estate agents are involved in the process.
- Fewer holding costs: Since a cash sale is faster than a traditional sale, sellers can save on carrying costs such as insurance, utilities, and property taxes. On average, it takes about a month to sell a house in Orlando, plus another month or two to close. Savings on holding costs can be significant.
Some of the hassles of traditional house-selling
Selling a house the traditional way includes preparing the house for sale, which means making repairs, decluttering, depersonalizing, staging, hiring a professional photographer, and many other steps. Next comes hiring a real estate agent, listing your Orlando house, showing the home to potential buyers, and having open houses. Cash sales allow sellers to avoid these hassles and enjoy a stress-free and streamlined sale.
Working with We Buy Ugly Houses® to sell your house
If you’re searching for a cash home buyer, chances are you want to sell without making repairs or updates. We make the process easier by purchasing houses "as is," so you can skip repairs. Plus, your home doesn’t need to meet the inspection standards of a traditional FHA or VA loan. We Buy Ugly Houses® provides an efficient, hassle-free selling experience with a fast, convenient offer and excellent customer service, which is reflected in our amazing seller reviews. When you sell to us, you’ll receive the following benefits:
- No repairs needed: We buy houses in all sorts of conditions and in a variety of situations. There’s no need for expensive repairs, or even cleaning!
- Fast closing: We can sometimes close in as little as 3 weeks. If you need more time, we’ll do our best to work with you to choose a closing date that fits your schedule.
- Transparent process: We believe in thorough and open communication, so we walk our sellers through our streamlined process step by step.
- No hidden fees: We have no hidden fees, charge no commissions, and we pay typical closing costs.†
- Customer satisfaction: Customer satisfaction is our main goal, and our efforts are reflected in our extraordinary nationwide 95%* customer satisfaction rating.
Contact us for a free, no-obligation consultation.
Just reach out to us and we’ll arrange a consultation at your house with one of our friendly Orlando property buyers. We’ll take a tour, answer your questions, and can sometimes even give you an offer on the same day. If you accept our offer, we can potentially close in a matter of a few short weeks. Let us help you with the sale of your house with our easy and hassle-free process. Contact us today!
This blog is for informational purposes only and should not be considered legal advice.
