A cash homebuying company provides another alternative for people to sell their homes. And this can be especially helpful if your home has been on the market awhile and you don’t have a buyer. If this describes your situation, you might consider contacting a local cash homebuying company. If so, here are some key benefits you’ll enjoy with such a transaction.
Expertise
When you spot a Need to Sell House Fast Chicago promotion, there’s probably a highly experienced firm behind the deal. In fact, many of these companies hire people with lots of real estate experience. These agents can produce market reports on house prices in your neighborhood, and give your realistic scenarios on what price you’d likely get for your house. This will help you make a better decision on whether a cash option is right for you.
Money Upfront
When a cash homebuying firm purchases your house, you’ll receive cash upfront. This is money you can use for any purpose you need. In return, you’ll need to come down on your home price, but you can make up the difference by forgoing other expenses like repairs.
Fast Sale
A company that runs a Need to Sell House Fast Chicago deal will usually make an offer on your home within the first 24 hours. And though the closing will take place a week or 10 days later, you have the option to chose your own closing date. You can also bring your attorney to the closing to protect your interests.
No Appraisal
Appraisals can cost anywhere from $300 to $400, according to Angie’s List. In a cash homebuying transaction, you will not have to pay for an appraisal.
No Hidden Fees
When you accept a Need to Sell House Fast Chicago deal, you can avoid typical fees like real estate commissions and closing costs. And that alone can save you $10,000 to $20,000 or more.
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