subject: Who Are Your Possible Buyers When You Sell A Home For Cash? [print this page] There is a time and a place for every home seller to consider whether or not to sell a home for cash. This may be the time for you, but you are the only one who really knows your own situation. What needs to happen when the time comes to consider finding a cash buyer? Is there a place where you can find them easily?
Since I am a real estate investor I can tell you for sure that other investors like me will be in a position to pay cash for your home. This is something that is not necessarily common knowledge, and there are a lot of sellers who could benefit from it. People whose life circumstances have changed, and who need to get rid of a home so they can move on with their new circumstances will be the ones who benefit the most by finding some real estate investors and giving them a call when they need to sell a home for cash.
Now, it's possible for you to find a buyer for your home who has cash to close on a sale transaction. Especially in the present real estate market, up to thirty percent of home sales in many markets are buyers who are closing with cash, which means they don't need to borrow money or get a mortgage loan to buy the house. These qualified buyers have their choice of any home available for sale in their particular price range, so your goal should be to attract cash buyers to see and fall in love with your property for sale
When selling your house for cash you will need to find either a buyer who intends to live in the home as a personal residence, or on the other hand, a buyer who wants to acquire an investment property. Buyers in that second group are called investors and they may very well be interested in your home for their own reasons. These reasons include the possibility of buying and re-selling the home to another buyer after doing some remodeling and updating, or the possibility of keeping the home and leasing it to tenants.
It won't really matter to you what your buyer's intentions are, as long as he or she comes to the closing table with all the money needed to close on your sale. However, what I'm sharing with you in this article is that it's easier to go about locating investors who are in a position to pay cash and close quickly than it is to find buyers who intend to live in the home as their personal residence. This is something you need to keep in mind when you sell a house for cash.
