The traditional way of selling a home involves a lengthy process filled with uncertainties that might not suit you if you want to sell your house in the shortest time. It takes time to find a suitable buyer who is willing to pay the sale price decided by you, and even after finding the buyer, the subsequent process entails several steps and is quite lengthy. Price matching is just a part of the home selling process, and sometimes you might have a liking for buyers who are ready to respect your emotions attached to the house. You might like to find a buyer who uses it for living and not for trading, as it can happen with real estate investors interested in investment properties. Similarly, you might avoid buyers who agree to the price but buy it for flipping homes to earn some profit.
Selecting a buyer that meets your requirements is a time taking and laborious process, and you must be ready to give time if you want to sell your home traditionally. Involving a real estate agent might help get more buyers quickly. They can help in the subsequent steps of the home inspection, negotiations, executing the sale/ purchase agreement, title search, mortgage arrangements, and preparing the transaction documents. It could result in longer closing times between 3-6 months. Moreover, there are possibilities of the deal falling through for some unforeseen reasons or circumstances.
Get fast cash for your home
If you are selling your home to acquire a new home by using the cost recovered from the sale, things are even trickier. You would have some timelines to meet for acquiring the new property, and matching the timelines of sale with your buying target can be quite challenging. Instead, it would be much more convenient to sell your home in a non-traditional way by selling it to some company that pays cash for homes Calgary. It would be like selling some commodity where the buyer picks up the item and pays ready cash. You can sell your house for ready money and even choose the time of closure as per your convenience when you sell it to a company that buys houses. However, you must sell it to cash out the asset soon by shedding all sentiments attached to the property.
The company does everything for you
When you decide to sell your house to a home buying company, you can rest assured of a hassle-free process. The home buying companies make the property transactions look very simple because they have the resources to tap into the right places to navigate the complex and lengthy process in the fastest way. Once you agree to the price, wait for the payment to come within the closing time. The company handles all administrative and paper works by targeting the closing date and is ready to hand over the cash as agreed as soon as the deal closes. However, take some time to select the right home buying company. Scan we buy houses Calgary reviews so that you get complete peace of mind during the transaction.
Every home seller wants to ensure speedy closure so that they get their money quickly. However, there is no way to ensure that the deal will close within the expected time because of the uncertainties and lengthy process of the traditional method of home selling. But this does not mean that you must surrender to the system and allow things to unfold independently. To take control of the sale procedure and closure time and make things work in the way you want to get the cash for sale at your desired time, you must sell your home to a home buying company.
The company is aware of sellers’ urgency and ready to take all steps to meet the desired deal closing time, even if it means closing the deal within 7 days. Selling your home to a home buying company is one of the fastest ways to sell homes and walk away with cash that you desperately need at that moment.
The condition of your home does not matter
Unlike the traditional selling homes that require good marketing skills and proper presentation of the property by showcasing it in the best light, selling your house to accompany that buys homes is quite different. Once you decide to sell your home, inform the company about your intention and provide the property’s details. You need not mention the expected price because the company is willing to pay a fair price for your home. The company is ready to buy the property on ‘as is where basis,’ which means in the condition it exists. Even if it is a dilapidated building, you get a fair price for it without spending anything for its repair. However, you must accept the offer or decline it because there is no scope for any negotiations. Once you accept the offer, it signals the beginning of the transaction process that closes on the date as desired by you.
The cost-saving aspect
While the speedy transaction process and ready cash are big attractions, you must accept the offer made by the company as most fair. Indeed, the price will be less than the market price because the company factors the building’s condition, which you cannot compare with other properties. However, you save some high costs as the transaction is directly between the buyer and seller and does not involve any third party. You save the price you would have otherwise paid to the real estate agent, who is usually a part of any traditional property sale.
There is another reason for the company to offer a lower price than the market price because it buys the property along with all liabilities like mortgages and liens ad foreclosures. Therefore, the sale relieves you of all burdens while giving you cash in hand, which is most valuable to you at that point in time.