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If you’ve heard much about cash buyers, especially professional cash home buying companies, you’ve probably heard that they can buy your house from you much faster than the average traditional buyer is capable of. Part of this is because of their expertise in the real estate industry. Most of it is because they pay with cash, not a lender’s money. But just how fast can they close?
When you sell your home the traditional way with the help of a local real estate agent, it can take anywhere from 30-45 days to close on your home. This is because it takes time for lenders to approve a loan, appraise the home, and finalize the mortgage. Remember, lenders are in it to make money too, which means that they have a vested interest in making sure that their money is being put to good use. They’re not going to just hand out money without investigating what it’s being spent on.
Not everyone has a month or more to wait to close, especially since there’s still a chance that the deal might not go through. For those who need to get things moving faster, cash buyers have a solution. Instead of taking 30-45 days to close, they can often close in as little as 7 days. There isn’t nearly as much that needs to be checked out when you sell to a cash buyer since there isn’t a lender involved, which cuts down on the time it takes to close in a major way.
Seven days can sound great, but it’s not the right timeline for everyone. For those who need more flexibility in closing, cash buyers can often close when it’s convenient for you as the seller. That can be a huge relief, especially for sellers who need some time to get things in order. If you need to make arrangements for a new place to live, a new job, or just some extra time to pack and arrange for the help of a moving company, selling your home to a cash buyer can give you the flexibility you need.
For homeowners who need to sell fast, selling to a cash buyer can be the best option out there. The lack of a need for financing combined with expert knowledge and experience with evaluating homes and making offers can significantly cut down on the time it takes to sell your house from start to finish. If a quick, easy sale of your home for a fair price is what you need, look no further than Joe Homebuyer Dallas for your buyer.
Curious about how we do it? Click here to learn more about how Joe Homebuyer Dallas buys houses today!