What Are the Benefits of Accepting a Cash Offer on Your House?
The most common way to sell a house in Tacoma, Washington, is to hire a real estate agent and list the house on the market. While this method is still popular, it doesn’t necessarily work in all circumstances.
If you are in a situation where you need to sell your house fast in Tacoma, Washington, or you need to get out of your mortgage, a better option may be a cash offer from a company that buys houses in Washington. There are several benefits of accepting a cash offer on your house.
Benefit #1: A Cash Offer Is Easier
There is nothing easy about a traditional offer. You have to jump through several hoops to find a buyer and close a deal. A traditional sale includes the following steps:
- Make home repairs
- Get an appraisal and inspection
- Hire a real estate agent
- Hire a real estate agent
- List the house on the real estate market
- Stage and show the house
- Negotiate with potential buyers
- Find a qualified buyer
- Close the sale
Now take a look at a cash offer on your house to see how easier the process is.
- Contact a company that buys houses in Washington.
- Schedule a walkthrough and get an appraisal.
- Get a cash offer from the buyer.
- Accept the offer and close the sale.
- Get paid!
Benefit #2: Sell Your House Faster
Even in a seller’s market, selling a house the traditional way rarely happens overnight. It takes a lot of planning and strategy to market your house and sell it to the right buyer.
How long does it take to sell your house?
Traditional Home Sale
A traditional home sale takes 60 to 90 days to sell your house. Keep in mind that the sale doesn’t include the time you spend repairing the house, staging the house, and closing the house.
For Sale by Owner (FSBO)
In a For Sale by Owner, you assume 100 percent of the responsibility for selling the house. Plus, you assume 100 percent of all the costs. An FSBO typically takes six months to a year.
Cash Home Sale
Since you don’t have to list your house on the market, make repairs, hire a realtor, stage the house, or negotiate with multiple buyers, you can complete a cash sale in one to two weeks.
Benefit #3: A Cash Offer Costs You Virtually Nothing
Think about all the costs associated with a traditional home sale or FSBO.
- Home repairs or home improvements
- Marketing and promotion
- Realtor commissions
- Inspections and appraisals
- Staging costs
- Selling fees and closing costs
Selling expenses add up quickly, costing you thousands of dollars that eat into your profits. It costs you virtually nothing when you sell your house as-is for cash. If the buyer agrees to pay 100 percent of the closing costs, you don’t have to spend a dime on the sale. You can pocket that money and use it for something else.
Benefit #4: A Cash Offer Gets You Out of Your Current Situation
If you are going through financial hardship or legal issues with your house, you may not be able to sell your house as fast as you need.
Some of the most common issues that delay a house sale include bankruptcy, foreclosure, divorce, probate, downsizing, job relocation, or bad tenants. You may try to sell your house to avoid foreclosure or bankruptcy but can’t find a buyer. You may lose your house and your good credit.
A cash offer allows you to sell your house fast and get out of your situation right now with no strings attached. If you can close a deal within seven days with a cash buyer, you may prevent bankruptcy or foreclosure from happening.
Get a Cash Offer on Your House from Tacoma Cash Offer
If you need to sell your house fast in Tacoma, Washington, Tacoma Cash Offer has the solution you need. We pay cash for houses in Washington. Call Tacoma Cash Offer at (253) 300-2897 to get a fast cash offer on your house.