The number of homes sold in the US has been projected to increase from 6.5 million in 2020 to 7.1 million in 2021.
That said, there are generally two methods to selling your house. The first being hiring a realtor to list your house, making renovations, hosting a couple of house showings, until your house sells. This involves a lot of time as well as realtor fees. Hence, it’s time-consuming, and also heavy on the pocket.
The second method, selling your house to a cash buying company as is, is quickly gaining popularity, especially among people short on time or with busy schedules, and those looking to save on costs.
Here are some benefits of Selling Your House Virginia Beach to a cash buying company:
Selling Your House Fast
Even if the demand for houses in the market is higher than the supply, a house may end up being on the market for weeks before it sells.
A house in need of renovations may need even a longer time to sell, or even get listed. A study on home buyer and seller generational trends in 2017 found that on average a house sits on the market for 4 weeks before selling.
So, selling your house to a cash buying company makes it possible for you to sell the house faster and easily. Since the house is being sold as is, the process will be carried out quickly.
Moreover, the chances of delay are minimized as there are no loan approvals nor mortgage needed.
This is great for someone who is looking to sell their house but looking to sell it quickly. This mode of selling also enables them to set a closing date that suits their schedules.
Remove the Cost of Repair
Before listing your house to sell, certain repairs will be necessary. These may include fixing lighting, or plumbing or wiring, etc. Some sellers may not have the resources for this, or they may feel that the return on their investment in the repairs will not be beneficial, or simply they may want to pool in that money in their future house instead.
This is why selling their house to a cash buying company instead will benefit them as they will sell the house in its existing condition, and the company buying will make the repairs as they wish to.
This also speeds up the whole selling and closing of the deal process.
Some sellers may be selling due to unforeseen circumstances they may need immediate cash. Selling your house to a cash buying company gives you immediate cash to relieve your financial liabilities.
Your house is your greatest asset, and that’s why selling it is such a stressful and important transaction. Multiple house showings, renovations, waiting after the listing, all add to the stress of the seller.
If the seller is already financially distressed, the waiting will only add to the stress. However, selling to a cash-buyer is quick and easy, and avoids any unforeseen setbacks.
Cash for Houses
Selling your house to a cash buying company has a number of benefits, as we’ve listed above. Aside from the quick and easy process, it is also financially beneficial and less stressful.
I Need to Sell House Quick is one such cash-buying and real-estate solutions company in Virginia and nearby areas that buys houses for cash. They are reliable and have a smooth and easy process and help sell houses quickly.
For more details, contact them today.