The housing demand in Greensboro continues to fluctuate, depending on the mortgage rates and housing prices. In this housing market, selling your house for a fair price can be an uphill task. You’ll need to spend a lot of money to attract potential buyers.
When you drive around the city, you may have noticed signs that read, “We buy houses in Greensboro.” Those advertisers are wholesale buyers who can purchase your home in less than a week. Here are the five reasons why you should sell your home to a cash home buyer in Greensboro.
1. Close Within a Week
Many people look to sell their homes to an investor because of the fast closing. They can close in as little as seven days. When you list your home for sale in the traditional market, it can take two to three months. If you need quick cash, selling your home to a cash home buyer in Greensboro is the best option.
2. No Commissions
The traditional method involves hiring an agent who will show potential buyers your home. At the end of the sale, you need to pay a hefty commission to the real estate agent for the service. It can range from 3% to 6%. As investors buy your home directly, you don’t need to pay them any commission. It helps you save money when selling your house.
3. No Inspections or Appraisals
When a buyer needs to take out a mortgage to buy your home, the lender will conduct inspections and appraisals to check the value of your home. If the value is below the selling prices, the sale may fall through. Cash home buyers in Greensboro don’t have to get an appraisal or inspection of your property to make an offer. They will get the information about the home and visit it once before giving you a fair offer.
4. No Repairs Required
Preparing your home for sale is essential to attract buyers when you sell your house with a traditional method. You can spend thousands of dollars on renovations. But investors will buy your home in any condition, and you don’t need to go through the hassle of making repairs or upgrades.
5. No-Obligation Offer
After you contact the investors to sell your home, they will visit your property and come up with an offer within a day. It’s a no-obligation cash offer that does not put you under any pressure to accept it. You can explore multiple options and choose the best method for your situation.