For a homeowner that needs to sell quickly, choosing a cash home buyer is an ideal option.
Cash buyers offer to pay for the home in full.
Rather than financing the purchase by way of a typical mortgage process, cash home buyers have the available funds to cover the entire cost. The process is less risky, ensures a swift closing and allows the homeowner to walk away from the property without hassle. Selling a house the conventional way is often a lengthy and stressful process. If you work with a buyer who is relying on financing via a mortgage, it can take quite a while to close. The lender first needs to verify the buyer’s credit and financing situation. The bank will most likely order an appraisal to make sure the home is sufficient collateral for the loan. They will want a home inspection. A home inspection checks out vital systems and components of the home, such as the foundation, electrical, plumbing, roof and HVAC. If there is a pest infestation, excessive mold growth or any other threats to health or safety, the house will fail to pass inspection. There is often a list of required repairs in order to qualify for bank financing. In Jacksonville, over the last couple of years, homes have sat on the market for months before selling. During those months, the homeowner is still responsible for mowing the lawn, paying the electric bill and keeping the place in good condition. Selling a house for cash moves everything along much faster. Most cash home buyers will schedule closing according to the convenience of the seller and in under two weeks. The homeowner is able to walk away with the full selling price. There are no realtor commissions, and the closing costs are minimal. For anyone interested in selling their house for cash, start by finding out what it’s worth. Get a free, no-obligation, cash offer from a local Jacksonville cash home buyer.