Engaging real estate brokers is a common practice by many house sellers as they dislike the hustle that comes with selling a house. Selling your house to a cash buying company is recommended if you plan on selling your house. Below are some of the merits you will enjoy from buying a house from a cash buying company.
First, you reap the advantage of receiving the complete amount of the value you sell your house to the cash buying company. The transaction is between the house seller and the cash buying company without the involvement of any real estate brokers. Real estate brokers are out of the deal hence no commissions are paid out to them leaving you as the sole beneficiary of the deal. You also, avoid any legal fees or property transfer fees.
A timely transaction is the second advantage you reap for selling your house to a cash buying company. Instant payments are done by the cash buying company once they have identified the house and you have made a deal. If you are in a situation which needs quick financing, you can easily settle it as there are no delays caused by the acquisition of financing by the buying party the house.
The third advantage you reap from selling your property for cash is that you sell it as it is. It is not necessary for you to clean up the house or make repairs to the house when a cash buying company puts forth a deal to purchase your house. When selling a house through a broker, you ought to prime the property to perfect condition for it to fetch top dollar. You may spend a lot of money cleaning up and making repairs on the house which may be costly for you. To add to this you have to engage property inspectors to assess the condition of the house which is also an added cost. Selling your house to a cash buying company saves you from all these hustles and expenses. A tenant residing in the premise you sell becomes the responsibility of the house buying the company after you sell your house to them.
House sales involve dealing with a lot of paperwork added to a large number of parties who may be involved in the sale. By selling your house to a cash buying company you dont have to deal with any paperwork. All the responsibilities regarding the transfer of the houses are shouldered by the house buying company, and they include, transfer documentation, hiring a property attorney and dealing with the insurance company offering a cover for the house.
In conclusion, a better price for your house is guaranteed when you sell your house to a cash buyer contrary to the amount you may receive when a real estate broker is involved.