When Choosing a Cash Home Buyer

Are you a Wilmington NC resident that’s wanting to sell your home fast? Do you want to somehow get an offer for your house without having to spend thousands of dollars on renovations and repairs? If so, then you need to seek out a cash home buyer for your situation.

Doing so can help you in several ways. It will help you get cash in hand, receive a fair house price, speed up the selling process, and help you avoid the dreaded traditional home selling process.

See below for an in-depth guide that you can use to learn about everything you should be considering when choosing a cash home buyer.

1. The Buyer’s Reputation

A cash home buyer is, first and foremost, a business. Therefore, you should be focusing on finding one that has a positive reputation in the community.

Fortunately, in this day in age, there are two strong ways you can do that: request client references from the cash home buyer themselves or read online reviews. These also help you find an experienced cash home buyer since customer reviews speak to the amount of business experience they have.

First, start by reading the buyer’s reviews online. Be sure to ask yourself a few questions like do the clients seem happy with the service they received? How did they feel about the communication aspect of the process? Did they receive a fair offer? Was the cash home buyer helpful and insightful?

You want someone that will make you feel comfortable throughout the process. Assuming this is your first time going through a cash home buyer, you need someone that can guide you down the path but won’t try to take advantage of your inexperience.

If you wish to get more in-depth feedback, then request a few client references. That way, you can ask them questions about their unique experience with the cash home buyer.

2. The Cash Home Buyer’s Process

One of the biggest benefits of going through a cash home buyer is the quick turnaround that it can offer you. It can help you avoid the dreadful traditional home selling process, which can take up to 45 days (or longer).

However, you should never assume that a cash home buyer has a quick process. By doing a bit of research beforehand, you can ensure yourself a seamless transition and get cash in your hands all the quicker. 

Here at Smith Liquidations, we have a fast and efficient process for all our clients. First, after you reach out to tell us about your home and why you’re looking to sell it, we’ll get right to work on researching your home and coming up with an offer that we believe to be fair.

After that, we’ll make a formal presentation of our fair offer (in cash). You have no obligation to the offer we give you, so you can either choose to accept it or decline it without any strings attached. Once you accept, we’ll work to get you your cash and close on the home shortly after.

3. The Repairs You Would Need to Fix

Perhaps you’re on the fence about going through a cash home buyer rather than the traditional home selling process. Realtors would like for you to believe that they’ll get you a better offer, but there’s one factor they conveniently forget to mention: the cost of repairs.

Like it or not, when you go to sell your home the traditional way, you’ll more than likely have to make a few repairs and/or renovations before you list it. These can quickly add up to thousands of dollars in costs before you even sell the home. What’s worse, there might be a few additional repairs that you’re forced to make if your home fails inspection.

Meanwhile, cash home buyers buy your home as-is. That means that you don’t have to make any renovations or repairs before receiving your fair offer. You get cash in your hand without having to do any of the work!

4. The Buyer’s Communication Level

Make no mistake about it, this entire process will be quick and efficient. That said, communication plays an important role in stringing things along.

A reputable cash home buyer will make sure you’re aware of every step of the process. They will talk with you about your goals for this home sale and shine some light on the repairs they’ll need to make after they’ve paid you for the home.

More importantly, they’ll give you an explanation for the fair house price that they are offering you. That way, you can feel more confident in choosing whether to accept it or not.

5. The Reason for Your Selling

Perhaps you’ve recently accepted a job in another state and need to cut ties with your current home. Maybe you’ve recently inherited a deceased loved one’s home and don’t have the money to fix it up (or pay the property taxes to keep it).

Whatever the case might be, it’s important to consider your situation and the “why” behind your interest in selling the property.

For reasons like the two mentioned above, you don’t have the luxury of waiting to sell a home the traditional way. A cash home buyer can be the answer to your time-constrained problem.

Find a Reputable Wilmington NC Cash Home Buyer

Now that you have seen an in-depth guide on everything that you should consider when choosing a cash home buyer, be sure to use this information to your advantage.

Are you stumped that your home won’t sell in Wilmington? If so, be sure to read more information on why that might be.

For more inquiries, please be sure to reach out to us via phone at 910-632-0516 and we will be happy to assist you further.

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