Sometimes selling your home quickly is your ultimate priority. The property industry, however, is not traditionally recognised for its speed, whether you’re buyer or a seller. Traditional estate agents aren’t, however, your only option anymore.
Cash property buyers both at local and national level are on the rise as demand for hassle-free, quick house sales continues to increase.
This article details the top three benefits of selling your home to a cash buyer.
Speed: Sell Your House Quickly
Selling your home to a cash buyer means that you’ll get your money quickly. This is often the priority for people who are worried about repossession, need to relocate, are going through divorce, or facing financial difficulties. Some of these companies, like Hull Cash Buyers, will cover your legal fees, and help you find a solicitor to keep things moving quickly. Timelines will be set by you as the vendor, but most companies will be able to complete your house sale within a couple of days.
Guaranteed Sale: Reduced Risk Of Buyer Drop Out
Selling your home is often a daunting task. In fact, it’s claimed that the process of moving home is more stressful than divorce or a new job. A lot of that stress is driven by uncertainty, the fear that your buyer could drop out at any point even if they have an agreement in principle for a mortgage or loan.
In fact, more than 38% of vendors in the UK find themselves exactly in that position, meaning that they have to start the selling process again and look for another buyer.
If you choose to sell your house to a cash property buyer, however, the risk of the sale falling through is much reduced. There is usually no chain, and a cash sale tends to be much less complex. For example, at Hull Cash Buyers, once we’ve given an offer on a property and it’s accepted, we can exchange within a few days; that means you’ll have the money in your bank.
Simpler Process: Less stress
A cash buyer is fighting for the same thing as you; a quick, hassle-free sale. With cash purchases, there are no lenders or third-parties involved, apart from solicitors, keeping things simple, less risky and uncomplicated.
If you do choose this route, using a local cash property company rather than a national company makes the process even smoother, since they will fully understand your local market and be able to answer any questions that you may have.
We buy any property in any condition for cash in Hull and East Yorkshire. So if you want to move quickly, then give us a call on 01482 655346 and speak to one of our friendly team who will guide you through your options, come and visit your property, and offer a same-day cash offer.