Thinking about selling your house for cash? Here are five essential things every homeowner should understand.
1. Speed is the Main Advantage
Cash sales typically close in 7-14 days versus 3-6 months for traditional sales.
2. You Can Sell As-Is
No repairs, renovations, or cleaning required.
3. No Agent Commissions
Save 5-6% in real estate commissions.
4. Offers May Be Below Market Value
But when you factor in repairs and commissions, the net amount is often comparable.
5. Work With Reputable Buyers
Look for experienced investors with a proven track record.