Why is it So Fast to Sell Your Home to a Home Buying Company?

You may have heard that you can close on the sale of your home with a home buying company in as little as a week. Compare that to the standard months and months of a conventional sale and the difference is staggering. You might even be wondering how it is even humanly possible to sell a home that fast. Well here’s how!

They Buy Your Home As-Is

In a conventional sale, you generally spend months just getting your house ready. You fix up everything that is in disrepair and even upgrade a lot of the most dated features. You do this for two reasons. First, you know that a home inspection will uncover any major issues and you will be required to fix them anyway. Second, you are aware of how finicky today’s typical prospective home buyers are. With all that sprucing up, you could be months into your sale without even getting a for-sale sign up! Home buying companies save you all of that time by purchasing your home as-is. No repairs and no updates!

They Pay You Cash

Traditional home buyers will need to get funding through a lender. Unfortunately, this process is notoriously slow. There are all kinds of red tape to cross and hoops to jump; all of which typically take 6-8 weeks to complete. With a cash home buying company, you can cut months off of your home sale. These businesses pay cash for your home, meaning that you don’t have to wait and worry about low appraisals or funding falling through. 

They are Direct Buyers

A direct home buyer is someone ready to purchase your home without the need to list it. When you sell to a direct buyer such as a house flipper, real estate investor, or home buying company you cut out the middlemen and all of the additional time they cost you. There is no waiting on realtors, photographers, appraisers, or inspectors. Instead, you deal directly with the buyer, cutting weeks off the sale of your home. 

You already knew that selling your home to a home buying company was fast–now you know why! Not only can you skip the repairs and updates, but you don’t have to wait on funding or deal with a host of different people. When you take all of that away, you can close in as little as 7 days!

Are you thinking about selling your home to a home buying company but want to learn more about the process? Click here to find out how it works. You will soon learn that nothing could be easier!

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