Why should some homeowners consider finding a cash buyer for their home? To answer that question, it might be helpful first to find out what a cash buyer is.
What is a Cash Home Buyer?
Cash buyers vary in how they operate, but a few things remain the same across the field. When you call a cash buyer, they’ll usually come and visit your home. Cash buyers don’t expect homeowners to get the house ready for this visit. For some people, getting ready for a showing may be overwhelming, and avoiding it becomes a good reason to look for a cash buyer. After the visit, the homeowner can expect a cash offer, which they can accept or decline. After accepting the offer, closing takes place much faster than it would with a realtor. Selling to a cash buyer is the most streamlined way of selling a home.
If the process is easy, why don’t many homeowners sell their homes this way? The answer is simple. To take into account all the cleaning, repair, and, often, moving that the cash buyer takes on from the seller, the price is lowered. Most homeowners don’t receive what they could if they traditionally sold their homes. However, there are many other benefits to counter that lowered price. For homeowners in special circumstances, the highest possible sale may not be their first or only priority. They need to sell their house fast and are overwhelmed with mortgage payments or repairs. That’s where companies like RAMM Home Buyers come in. RAMM Home Buyers is a family-owned cash home buyer in Canton, Ohio that offers a transparent buying process, immediate availability for questions, and a quick buying process.
Benefits:
No Repairs Required
First, for many people, preparing a home to sell is a hardship. Repairs can take months, especially those with no quick solutions, like foundation cracks or water damage. Or, an inheritance which seems like a blessing at first can become a headache, with property taxes, insurance premiums, and ongoing maintenance all eating up valuable time. Many homeowners cannot prioritize maintenance or repairs on a second home like they do on their first. The loss of a loved one may add emotional upheaval to the process of deciding what to do with the house and all its contents. A job change may require a quick move without time for tedious repairs. In these circumstances, major life changes make a cash home buyer an excellent choice.
While some cash buyers charge for repairs, RAMM Home Buyers do all the repairs themselves, with no hidden costs coming after the sale. As experienced home restorers, they figure the cost of repairs into the offer. Their offer never changes, nor is it affected by repairs or hidden fees. This allows each seller to know exactly how much cash they’ll receive after accepting the offer.
Fast Closing
Secondly, selling a home can easily take eight weeks to several months. Certain life circumstances can make a slow-selling process unsupportable. Many homeowners want to sell quickly due to issues like impending foreclosure, debt, job changes, or moving long distances. A cash home buyer may be the best choice for sellers dealing with divorce, bad tenants, lack of insurance, or probate. When life becomes overwhelming, sometimes the best option is to sell quickly. Ohio cash home buyers eliminate the need for realtors, skipping the home showings and inspections. Best of all, cash buyers allow sellers to avoid paying closing costs and commissions normally paid to realtors, often up to 7% of the sale. With RAMM Home Buyers, sellers can have cash in hand much faster than with a traditional realtor selling process.
No Hassle, No Headache
But really, both of the reasons listed above can be summarized in one phrase: no hassle, no headache. Selling to a cash buyer like RAMM Home Buyers saves the seller an enormous amount of time, allowing the homeowner to skip repairs, cleaning, painting, hiring a realtor, and getting appraisals. Fixing old houses can often feel like throwing money into a bottomless pit, with a questionable return upon investment. Second, for those wanting cash fast, there’s no faster way to get it than selling to a cash buyer. They won’t require an appraisal, meetings with a realtor, or a long wait while their loan gets approved. No other way of selling your home is as easy or fast as selling to RAMM Home Buyers.