Top Questions to Ask Before You Sell Your House for Cash

Are you planning on listing your home for sale? If so, take a moment to consider your other options. 

Selling your house through traditional means isn’t the only solution. Not only do you not need a realtor, but you also don’t need to spend thousands of dollars preparing your home for the market. 

Instead, sell your house for cash to a cash home buyer. They can simplify the process and make your life much easier. 

We know, you probably have a ton of questions. For example, “how does it work?” and “is it too good to be true?” 

Keep reading to learn the answers to the top questions you should ask before selling your house to a home cash buyer. 

What Kind of Houses Do You Buy?

When talking to cash buyers, you need to make sure your home qualifies for their cash offer. For example, not all house cash buyers invest in homes in any condition. Lisa Buys Austin Houses, on the other hand, will give you a cash offer for your home no matter what condition it’s in. 

But what about homes that are used as rentals? What about inherited homes you might not want or be able to afford or take care of? 

Yes, we buy homes like these, too. We also buy homes that have code violations and homes that are facing foreclosure. 

How Can I Get a Cash Offer and Will It Cost Me Anything?

If you want to sell your house for cash, the next logical question is how to make it happen. This process is easier than you might think. 

First, you fill out our online form to let us know you’re interested in receiving a free cash offer. We will get back to your within 24 hours to schedule our initial consultation. Based on what we learn in our consultation, and several other factors, we’ll provide you with a free cash offer. 

What Affects the Value of My Home?

Now, you’re probably wondering, “What are the factors that determine my home’s value?”

Great question. In truth, there is a large number of factors that impact how we come up with our offer for your home. This includes:

• The current real estate market
• The location of your home
• The condition of your home
• The size of your home
• The age of your home
• The potential of your home
• Your home’s energy efficiency
• And more

Finally, we also consider the amount of work and money we would need to invest to get your home up to par and our own profit margin.

What If I Don’t Like the Cash Offer?

Now, of course, when you reach out to a company like ours to sell your house for cash, you might be wondering what happens if you don’t like the offer you receive. The answer to this question is nothing. You’re under no obligation to accept our cash offer. 

If you don’t like the offer we give you, you’re free to walk away and try to sell your house through other methods. However, if you change your mind, our offer stands. Just let us know that you want to reexamine selling your home to us and we’ll make it happen. 

Does It Matter If I Still Owe Money On My House?

If you want to sell your house for cash, it could be because you’re facing a time-sensitive problem or some other type of unfortunate situation. Maybe you’ve fallen behind on your mortgage payments and the bank is threatening to foreclose on your home? Or maybe you’re going through a divorce and need to liquidate your assets?

In either case, you probably still owe money on your home, and that’s okay. We will give you cash for your home that you can use to pay off the entirety of the mortgage (or as much as possible).

Selling to a property cash buyer is also ideal if you’ve inherited a property that isn’t paid off or have a rental property you no longer want to own and manage. 

Are There Any Closing Costs

When selling a home traditionally, it often lands on the seller to pay for all of the closing costs. While this can be negotiated with the buyer, even paying half of the closing costs can be expensive. 

Most banks and mortgage companies charge a 3% to 6% commission rate for closing on a house. To put things into perspective, if you sold your home for $300,000, the lender would automatically charge $9,000 to $18,000 just for processing the deal. 

On top of similar realtor fees, selling your house traditionally could cost you close to $40,000. And this figure doesn’t account for expenses like appraisals, inspections, staging costs, cleaning services, renovations, repairs, etc. 

How Quickly Can We Close On My House?

One of the most appealing reasons to sell your house for cash is because it’s substantially faster than selling your home traditionally. As noted earlier, we try to get back to homeowners seeking a cash offer within 24 hours. 

If you agree to our cash offer, we can close on your home in as little as seven days. The traditional closing process, aside from being expensive, takes four to six weeks.

If you need to sell your house to stop a foreclosure, you probably don’t have that kind of time. 

Are You Ready to Sell Your House for Cash?

As you can see, there are valuable home cash buyer benefits. We hope we were able to answer all of your burning questions or address any concerns you might have had about the process. 

While cash buyers aren’t the best solution for every homeowner, if you choose to sell your house for cash, it can solve a complicated problem in your life. For people who aren’t facing any problems, a house cash buyer can simplify and expedite the process. 

Contact us today if you have any questions that we didn’t answer. And if you’re ready for your free cash offer, all you have to do is ask. We look forward to working with you.