If it is your first time selling your house to a cash buyer, you might be unfamiliar with some of the procedures and processes. After all, a cash buyer definitely doesn’t buy houses in the same way that a traditional buyer does. This article will shed some light on one of the biggest differences between traditional buyers and cash buyers: repairs requirements.
Why Repair Your House?
When you’re selling your house, you’ll often be required to repair your house. For traditional buyers, this is a pretty normal requirement across the board. Most buyers will have you inspect your house to find out what repairs need to be taken care of. Then, you’ll spend the necessary time and money to take care of the repairs as a courtesy to your buyer. Even though the traditional housing market makes this seem normal, taking care of repairs might require money and time that you just don’t have. Selling your house for cash can help you to avoid this.
Selling to a Cash Buyer
One option for potentially selling your house without repairs is to sell to a cash buyer. Cash buyers work individually to purchase houses with their own funds. For this reason, some cash buyers might require the assistance of a real estate agent, and might follow some more traditional procedures, such as having you do repairs on your house. However, other cash buyers are interested in flipping and renovating houses themselves, so they won’t require you to repair your house. Make sure to talk with your cash buyer about your plans beforehand so you can discover their repair requirements.
Selling to a Cash Home Buying Business
Certain cash buyers, called cash home buying businesses, will never require you to repair your home. They purchase homes in any condition, even if the homes are a bit old. Cash home buying businesses will see the value of your home even if it could do with some repairs and updates. So, you’ll be able to sell your house without having it inspected or repaired. You could even leave some of your furniture behind if you don’t have time to get rid of it. Your cash home buying business will take care of it for you!
If you’re in a rush to sell your home or don’t have room in your budget for repairs, remember to sell your house to a cash buyer. A cash buyer or cash home buying business will be able to help you sell your house easily without repairs. Soon, your house will be quickly sold and you’ll be ready to move on to your new home without a hassle.
Do you want to sell your Oregon house without repairs? Click here to get a cash offer today from Oregon Homebuyers.