Should you take a cash offer for your Greenville house?
I’ll tell you how to sell any property for cash, some reasons to refuse a cash offer – and when you shouldn’t say no.
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Selling My House For Cash In Greenville
If you’re selling a property in Greenville to an end buyer (the person living in the home), chances are good it won’t be bought with cash.
Most transactions close with a bank loan, because most buyers don’t have the funds. With such low interest rates on homes these days buying a house for an end buyer to live in, and using his cash is not a smart investment. What a confusing concept, Yes, and No. If a buyer is purchasing a house to live in it, even though the buyer has the entire sum of money for the home, it’s not a good investment to tie up all the funds with a house. When tying up a large sum of money in a house, the buyer looses access to the cash. Depending on the interest of the mortgage it may be smarter to just invest that money into a CD, that can generate between 3-5% interest. There are other options like stocks or potentially investing in a business that can generate a lot more than just saving the interest on the mortgage.
But, companies that buy houses to flip and sell don’t qualify for the same low interest as a homeowner. In that case they since for them it is a lot more beneficial to purchase properties with cash. These companies that buy houses for cash usually don’t purchase them at market value, otherwise they are not a smart home buying company. They need to make a profit.
In most cases, we’ll pay cash for your Greenville SC property.
How does “We Buy Houses for Cash” work?
It’s actually a lot more simpler than selling a house with a realtor. When someone for whatever reason needs to sell their house fast and does not have time or the money to do the necessary repairs that are required by realtors. Instead of potentially making more money in the long run they may just need to sell the house for what its worth, and use the money for emergencies.
A real estate Investor is willing to buy the house in any condition and can usually close in as little as 10 days! After the house has been checked out and an agreement has been made on an offer for the house, the investor will give the homeowner a check for the amount and the Investor gets the deed to the house. It’s that simple.
The Benefits Of An All Cash Sale Of Your House
The benefits of a cash sale are real:
- money fast
- when you need it most
- dont need to spend money to make repairs on the house.
- dont need to pay ANY fees
You don’t have to deal with the hassles of waiting months for a buyer to get a mortgage, only to be told that the lender eliminated the program and you’re back to square one. Not to mention the repairs the buyer may have requested before they would sign on the house. So now your out of more money, and still the house is on the market again.
You don’t have to list your house with a real estate agent and pay a huge commission. When selling your house with a cash buyer, they buy houses fast, with cash and as-is. Meaning no inspections, repairs and no more paying fees.
You don’t have to deal with a lot of people just “kicking the tires” and checking out your property for fun. Everyone knows that all the nosy neighbors that this time to finally get a peak inside your home, acting like they are “looking for a friend”. When a real estate Investor is interested in your home and comes with an offer in hand, they are serious. They don’t want want to waste their time or yours.
You don’t need to paint, make repairs, or even clean up. You won’t waste money on junk haulers or contractors. If you are local to Greenville Sc and looking for a reputable cash buyers you don’t have to look any further. We at Greenville Home Buyers have a motto, “if selling your house to us does not benefit both, don’t sell your house to us“. We want to make sure that what we do for our committee is helping you as much as us.
You don’t need to deal with any paperwork. We have it all covered. That means no COMMISSIONS, CLOSING COSTS OR ANY PAPERWORK FEES!
Working With A Reputable Greenville House Buyer / Investor
Always make sure that your cash buyer is reputable. At Greenville Home Buyers, we offer great references of past sellers we’ve helped, we can show you examples of some of the latest projects we’ve worked on, and we’ll be happy to answer any questions you have so you feel comfortable.
We pride ourselves on being a strong part of the Greenville community. Our local mission is to help local Greenville SC homeowners who need to sell your Greenville house fast do it quickly, at a price fair to you, and to help improve the beauty of neighborhoods one house at a time.
If you’re wondering about selling your house for cash in Greenville or just need to sell a property near Greenville, we can help you.
We buy properties like yours from people who need to sell fast.