Life situations such as relocation to a different location for work prompting you to sell your house. Selling your house personally to a cash buying party or through an agency are the main choices you one has when it comes to selling your house. When you sell your house personally to a cash buying company, you enjoy the following merits.
A quick and fast sale is one of the advantages you reap when you opt to sell your house personally. You deal directly with the buying party, and you also sell your house where it is and reaching an agreement can be achieve very fast. Sale of house is done where it is, and in the condition it is in and this makes the sale process very fast. The transaction is also fast as the buyer has the cash ready as he or she is independent of any form of funding from financial lending institutions.
Receiving the whole amount of cash you are selling your house for is also another benefit you reap when you sell your house to a cash buying party. Selling your house through an agency will see you lose some of the value for your house in the form of commissions charged on the final amount of the sale. You also enjoy the benefit of quick cash on an instant.
A cash sale is very beneficial as you get to sell the house as it is. You don’t have to perform any form of repairs on the house or prep it in any way for the sale. Performing a facelift on the house can be very expensive, but all these expenses are passed over to the party buying the house for cash from you. You also avoid the cost of paying for the services of a residential house inspector.
The last benefit you reap from selling your house to a cash buying company is that you don’t have to deal with any paperwork. You are limited in the case of an agency sale as there is a binding contract which you sign giving the broker an upper hand in selling your house. If the purchasing party demands for legal representation during the sale, he or she bares the financial implications of the attorney present and for the process of any legal document pertaining to the sale. Finally, you also done have to advertise the house which can take up some cash and also part of your time.
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