A cash offer may be great for you if you need to sell your home quickly and don’t want to deal with contingencies or spending thousands of dollars on closing costs. Since we buy houses in Knoxville with cash, we often hear our clients ask us “Will I get a good price for an all cash offer?” Our short answer to that is…it depends. You can certainly get a fair cash offer on your house as long as you work with a legitimate homebuyer.
Pros of Getting A Cash For Your House
The big promise is that you’ll get a quick cash offer and know how much your house is worth right away. Some may make quick offers. Others will want to speak with you over the phone and come out to look at the property before making an offer. You won’t get a final offer until they complete a home inspection in any case, but knowledgeable companies rarely take back their initial offers.
Another major advantage of this method of selling a home is the low waiting time. It’s comforting to know that your closure is approaching soon, and that you may begin making new life plans once your home is closed and off to a new buyer. We usually see cash buyers close in a few days if they can complete any title work, insurance, appraisals, and inspections, and the closing agent is available.
You Don’t Have The Headaches Of A Selling Your House Like The Traditional Way
All-cash buyers are unlikely to require any repairs or upgrades when they are closing on your house. It’s typical that we see many homeowners who are short on cash, or are facing foreclosure, often benefit from this! They won’t award you any bonus points for staging the house and making it more appealing. They intend to do it themselves, and their design ideas are likely to be quite different from yours. This prevents you from investing in a property that you are only seeking to sell.
Make sure to do your research on the company you go with! Not every “we buy houses” company is legitimate. It is absolutely critical you make sure that you are working with someone you can trust and depend on!
Fair Does Not Mean Market
Selling your home direct for cash doesn’t mean you need to sacrifice getting a fair offer on your house. But you shouldn’t confuse fair and market. Market value is what your home would sell for at the absolute highest dollar amount. Home buying companies cannot offer you top market value since they still have to make money too!
But, that doesn’t mean you should be low balled! Even though you give up a little bit in exchange for other items (such as quicker/no hassle), you should absolutely not be insulted by a low ball offer. Any company that buys homes should clearly demonstrate how they came up with their offer. Any company that refuses to do this is not someone you should not do business with. Our offers come from actual data that we are more than happy to provide you.
Should You Sell Your House For Cash?
If you want to skip the entire hiring an agent and listing your house process; we can certainly help you down this path. We are legitimate homebuyers in Knoxville that buy houses fast for cash. Since we are local, you will work directly with the face of the company! From showing your home, to discussing the process, you will work face-to-face with the owners of Shipwash Properties We give homeowners the opportunity to sell their house stress free, on their terms, and not be charged a penny. We offer our services 100% free. As a direct buyer, you can skip the stressful showings, the constant cleaning, and the time consuming open houses!
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