What are the common myths about home cash buyers?
Gahanna, United States - /Offer Express, LTD/
5 myths about home cash buyers
Selling a house by listing it on the market or collaborating with a real estate agent is how homeowners have been selling their homes traditionally. However, selling homes for cash has also become very popular with homeowners owing to its many advantages. Despite the benefits, selling a home for cash makes some homeowners anxious and doubtful. The reason for this doubt is the myths floating about cash buyers. Offer express, a premier real estate solutions company in Ohio, busts the misconceptions about cash buyers and empowers homeowners to make informed decisions.
- Cash buyers offer low prices
Cash buyers are real estate investors who have the experience and the knowledge of the real estate market. Cash buyers offering low prices is a myth promoted by real estate agents. Cash buyers offer a price that is very close to the true valuation of the house. Real estate agents usually factor in their commission, closing costs, and other such expenses before quoting a final price to home sellers.
- Good marketing will fetch a higher price
Marketing helps create more awareness about the house in the market. However, uncontrollable factors such as the strength of the market and the season of the year can leave the house on the market for way too long. This may force the real estate agent to reduce the price of the house to attract more offers. Moreover, the holding costs of the house can multiply over this extended period and further reduce the home seller’s profit margin.
- Cash offers are scams
Today’s consumer has access to abundant information and can research and make informed decisions before any purchase or investment. Homeowners must investigate the authenticity of a cash buyer by researching online reviews and ratings about a company. Cash buyers are legitimate real estate investors who buy houses, flip them and sell them to buyers. They are not dependent on money lenders to buy a house and follow proper paperwork during a sale.
- Cash buyers demand repairs
One of the biggest advantages of working with a cash buyer is that the homeowners can sell their house “as is”. No repairs are needed. The reason is that cash buyers are real estate investors who buy the house “as is” and refurbish the house to sell it to another buyer. The house is not for their use. Repairs are one of the biggest expenses for a homeowner, which is made redundant by a cash offer.
- Cash offers delay the sale
Traditional methods of selling by listing the house on the market or through real estate agents can be a very time-consuming process. On the other hand, cash offers are one of the fastest ways to dispose of a house. Cash buyers do not demand repairs or multiple showings. They view the property once and offer a price closest to the true valuation of the house. The closing time with a cash buyer is very short and most of the paperwork is taken care of by their team. Cash offers are a boon for home sellers who are in financial duress and looking to sell their houses quickly. It is, however, important to look for recommendations and reviews before choosing a reliable cash buyer.
Why Offer Express?
A premium real estate solutions company, Offer Express not only buys houses and wholesale properties but also partners with local agents, offers investment opportunities to money lenders, and sells renovated and ready-to-move-in houses. With its abundant experience in all types of real estate transactions, Offer Express is an experienced and resourceful company offering hassle-free cash deals.
If you are searching for “Sell my house fast Columbus OH” on Google, then your search is successful. Call (614) 820-5777 to know more about the real estate services at Offer Express.
source https://offerexpresss.blogspot.com/2022/07/offer-express-busts-some-common.html
source https://offerexpresss.blogspot.com/2022/07/offer-express-busts-some-common_6.html
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