How To Sell My Houston House Fast?
If you are wondering how to sell my Houston house fast, you have come to the right place. If you are like most home sellers, you would probably think of hiring a real estate agent and listing your property with them when selling it. But it’s not the best method to sell your home when you need to sell it fast for whatever reason. For example, you might be facing a divorce, liens, foreclosure, or have inherited an unwanted house. It’s difficult to sell a house fast when you work with a real estate agent.
The entire selling process is quite stressful and time-consuming and involves hiring an agent in Houston, listing your property with the agent, renovating or upgrading the house, staging it for potential buyers, and letting a dozen of strangers inspect the house before someone agrees to buy the house. Even after the potential buyer agrees to buy the property, you may have to wait until he or she gets approved for a mortgage. It’s a lengthy process that takes between 3 to 6 months on average. The best way to sell your Houston house fast is to sell it to a cash home buyer. Here is why you need to sell your home to a cash home buyer if you are wondering how to sell my Houston house fast.
Did you know that cash sales accounted for more than 24% of condo and single-family home sales across the United States in the last two years? These numbers are even higher in states such as Florida, South Carolina, and Georgia which range between 32-40% overall. There are many benefits to accepting cash offers on a house. It’s easier, quicker, and has a few obstacles to maneuver. In fact, cash home sales differ from traditional home sales in many ways.
In a traditional sale, the buyer will work with a mortgage lender more often than not. The lender needs to reduce the financial risk of investing in the property and may need to determine if the property they are being asked to finance is worth at least the loan amount. An appraisal is needed to determine the value of the property in most cases. If the appraisal is quite low, the lender may refuse the loan which becomes a major cause of traditional home sales falling through. An appraisal isn’t necessary for a cash sale. This removes a huge obstacle from the home selling process. On the other hand, a cash offer is less risky. When the seller has multiple options, he or she will naturally choose the less risky option, and the cash offer wins over traditional offers under such circumstances. The homeowner would prefer the cash offer compared to an offer that’s financed with a mortgage even if the cash offer is a little lower. The deal will close faster and the seller will get paid sooner because there is less risk of the deal falling through.
In a traditional home sale, buyer inspections play an important part in the sales process. It brings attention to necessary repairs and upgrades which may cost a lot of money. When you are really in need of urgent cash, spending on unnecessary repairs isn’t the best thing to do. In a cash sale, the buyer will invest in your home as-is. No matter the condition of your home, the buyer will be prepared to buy it. This will save you so many headaches and a lot of money in the process. That’s why you need to sell your Houston home to a cash buyer instead of selling it through a real estate agent.
Do you need to move quickly? Are you getting a divorce? If so, you should not let the sluggish market disrupt your plans. Why wait around for your property to sell when you can sell it to a cash home buyer immediately. Just sell the property for cash, move out, and move on with your life. With hundreds of cash home buying companies in Houston, choosing the right company may not be easy. There are many things to look for when choosing the right cash home buying company to sell your property. Preferred House Buyers is your trusted partner in Houston when you decide to sell the house to a cash buyer. They have more than 20 years of experience in the real estate industry. The company provides a win-win solution for homeowners in Houston to get out of sticky situations. They are a family-owned company focused on helping home sellers in the region. Whether you are going through a divorce, foreclosure, or just need fast cash for your property, Preferred House Buyers can help you. Call Preferred House Buyers right now if you are wondering how to sell my Houston house fast for top dollar.