7 Myths About Buy home for Cash Companies
Do you feel like cash buyers can’t be trusted or that their claims are too good to be true?
If you do, then keep reading. We have tried to debunk 7 myths about buy home for cash companies. In fact, by the end of this article, you likely think that to sell house fast Dayton OH, buy home for cash companies can be the ideal bet.
Myth 1- Buy home for cash companies take advantage of you
Most of you believe that buy home for cash companies will take advantage of your present situation. For instance, if you want to sell house fast Dayton OH as you are moving out of the city, you will be offered the lowest possible price. However, that is not the case, genuine cash buyers offer price according to the condition of your property and the neighborhood prices.
Myth 2- Cash buyers are scam artists
It is a general belief that the cash buyers are con-artists, however, this is not necessarily the case. When you deal with buy home for cash company make sure you check their online presence, references, and testimonials to ensure that these are genuine buyers. You can not only sell house as is Dayton OH but can sell house fast Dayton OH and do away with the additional expense of real estate agent commission or fees.
Myth 3- Closing the deal in 10 days is not possible
If the buyer and sellers stay in communication and the price is agreed mutually then closing the deal in 10 days is quite possible. However, in case of seller needs more than 10 days then both cash buyer and seller can agree to a closing date. Furthermore, the deal closing is faster because the seller can sell house as-is and all the paperwork is also taken care off by these companies.
Myth 4- If you sell a house for cash you will be in a loss
It is true that you may not get a complete market value of your property but it can still benefit you as don’t have to deal with all necessary home staging work which includes costly home repairs, inspections, and cleaning.
Myth 5- All buy home for cash companies are the same
This is far from reality. When deciding who to choose, do good research and ask the right questions-
- Do they have a physical office?
- How long have they been in this business?
- Do you find the process fair?
If the answer to all of them is positive, then most likely it is a reputable company that you can trust for your real estate needs.
Myth 6- You should sell your house for cash only if you are in a desperate situation
Unfortunate circumstances are not the only reason to sell a house for cash. Many times people sell homes to cash buyers as they have to unexpectedly move out of the city, or there is an inherited property in which they don’t want to invest money in repairs or maintenance. You can easily sell inherited house Dayton OH hassle-free to a cash company.
Myth 7- Hiring a real estate agent is better than dealing with cash buyers
In case you are looking to sell your property quickly, then it’s unlikely to get it through an agent. The process of listing, inspecting, viewings, and closing a deal can be tedious and may take several weeks. Therefore, it may be desirable for you to sell home fast to a cash buyer at a little lower rate but with the advantage of immediate cash in hand.