Details on Cash For HousesPosted by: Kim Sears | Posted on: January 11, 2021
To those who are facing repossession, or are going nuts trying to figure out how to meet mortgage payments, or dread that time of the month when all those unpaid bills start filling the mailbox again, there’s a solution for you. There are individuals and companies that are in the business of cash for houses.
But why is it that many people are still wary about dealing with someone who is in the business of cash for houses? First, admittedly, it sounds too good to be true. Imagine, you’re in such a dire need of cash, and suddenly somebody comes and tell you, “Hey, there are people who have cash for houses. Sell your house to them and you’ll have the cash you need in no time.” Have a look at Cash For Houses-Cream City Home Buyers for more info on this.
Sounds too good to be true, right? But it’s true. They’re simply called cash home buyers. They have readily available cash to be able to buy your house direct from you, no strings attached. And they can do it fast too. Are you already being served a repossession notice? No problem, they can still make it work.
The thing is, for so many years, we’ve gotten used to the idea that to sell a house, we need an estate agent. For good reason of course. They’re pros, meaning, they’ve had the education and training to really know the ins and outs of the property market. It’s just like doctors – they spent years studying and training so we can trust that they have the expertise to be able to treat and cure our illnesses. Of course, as much as possible, you’ll want the best doctor to see you, and in the same, the key to making a sale is to finding the right estate agent.
Good estate agents will be able to help you weed out inquiries that will lead nowhere and persuade serious buyers to make an immediate offer. They have a network that they’ve built over the years, and can deal with the paperwork and not be overwhelmed by it. They should also be able to guide you with the right pricing, and help you devise a negotiating strategy. Of course, the final decision is made by the seller, but the agent can help supply you with data and information about the competition. But it’s still best to do your own research.
Right now, an honest, competent agent who is not only interested in taking his cut from the sale, but who is genuinely interested in helping you sell your house, should be able to tell you the hurtful truth – that the way the property market is going (which is down), there’s little probability of making a sale if you’re not willing to drop your asking price. There are too many houses for sale with too few buyers, so obviously buyers have the upper hand. If you stick with a high asking price and your neighbor, whose house is similar to yours, drops his asking price, guess who’s going to be able to sell fast?
And this is exactly the issue that most people raise about selling to a cash home buyer. They only buy at a price below market value. But if you’re going to have to drop your asking price anyway, any which way you’re selling, then why not sell to someone who can pay you cash? And besides, if you need to raise quick cash, then you pretty much have no other choice. Even the best estate agent or the best home staging techniques or the most effective marketing tools cannot guarantee a quick home sale; only a cash home buyer can.
Obviously, if you have the financial stability that can afford you to wait until the economic crisis is over, that would be most advisable. But for the millions who are struggling to even make ends meet, selling to a cash home buyer is one of the best options. Solving your financial woes not only keeps a roof over head and puts food on your table, but it helps keep you sane. It’s just too stressful to have to keep on thinking of ways to meet your financial needs, when you clearly don’t have the resources. Getting cash not only means being able to pay your debts, but also having the money to move on and make a brand new start.
You also don’t have to think about getting an estate agent or doing it all on your own. All you have to do is go online and make an inquiry with one of the many cash home buyers. And because there’s no estate agent involved, you won’t have to spend thousands of pounds for commission. You also save on remodeling/renovation/home staging costs, as cash home buyers will buy your house regardless of the condition it’s in.