If you list your home with a local realtor, there is a very good chance you will get an offer that reflects the current market price for similar homes. This approach is fine if you have time. However, many people do not have this luxury. They want to, or need to, sell their house quickly, and for cash. Under these circumstances, many homeowners turn to property investors who say, “We buy houses in Venice FL.” These investors not only buy your house, but they also buy it for cash, and they look after all the transaction details. Within a week of making the decision, the deal is usually done.
There are good reasons why people sell their homes for cash.
Deals Rarely Fail
Working with a realtor can be very frustrating. There is always a lot of work to be done before an acceptable price is reached. First, the house has to be prepared and staged. Then you are faced with answering all the questions potential buyers have. You and your realtor work hard and long before you can see the light at the end of the tunnel. After all this, the buyer can fail to qualify for a mortgage, and you have to start over from the beginning. Cash deals avoid all this. When you work with an investor, they do not expect you to stage the house. They make an offer based on the current condition. When you deal with cash buyers, deals rarely fail.
Depending on the current market conditions, it can take several months before you get an acceptable offer for your house. Even after you have agreed to sell, it can take several more weeks for the transaction to complete. When you sell your house for cash, the transaction is quick and problem free.
The deal is done between you and the buyer. There is no one else involved.