Boston is a great place to live, but not an easy place to sell a home.
Many homeowners in the area have expressed a desire to “sell my Boston house fast”, but they can’t seem to succeed in the real estate market. It can take months or years to sell a house using traditional methods in Boston.
But its much faster to sell a house for cash. Here are three reasons why.
1. It’s A Lot Easier To Sell
There are a lot of hoops to jump through and a lot of paperwork to handle when you want to sell a home. A bank may require that you have the home appraised if you are in need of receiving financing.
Overall, the lending process that many sellers go through is tedious, troublesome, and time-consuming. The bottom line is that is not fast and is not easy.
If you’re in the group of people who said they want to “Sell my Boston house fast”, then the above scenario will seem very counterproductive. A much faster solution is to sell your home for cash and avoid the drawn-out process above.
Selling a home for cash does not involve paying for an appraisal nor does it require involving yourself with banks or asking for financing.
But what if your Boston home is in need of some repairs? It doesn’t matter. All of those problems are handled by the company that buys your house or by someone else down the line. All that you need to worry about is accepting the offer and then moving on with your life.
2. Less Likely To Fail
If you’ve ever sold a home in the past, then you may have encountered the following scenario. A potential buyer likes your property and negotiations begin.
You answer a hundred different questions for the buyer and the price bounces back and forth until both of you finally agree on a number. It’s almost time to complete the transaction, but then something bad happens.
Maybe the buyer finds another home that they like or maybe they realize their credit isn’t good enough to receive the needed financing. Either way, the deal falls through and all of that time was wasted.
Not only did you waste a large amount of time and energy dealing with the potential buyer, but you may have turned down alternative offers because you were sure the deal was going to succeed. This happens all too often when buying and selling homes traditionally. But it never happens when you decide to sell a house for cash.
A credit score does not matter at all when selling a property for cash. And if you are selling to a company that buys homes for cash, then you can rest assured that they will always be interested. Buying houses is how they make money.
3. Avoid Excessive Fees
It could take an entire notebook to list all of the standard and hidden fees associated with selling a home. These include a long list of closing costs, maintenance costs, Realtor fees, staging costs, appraisals, taxes, mortgage payments, and so much more.
It can take thousands of dollars to sell a house. You are trying to make money, but wind up spending way too much.
Luckily, there are no additional fees required when selling a house for cash. There are no Realtor fees, maintenance is not required, and closing costs do not exist. You receive an offer, you accept it, and then you are paid the amount that you agreed upon.
It’s as simple as that. If you’re one of the Boston homeowner who said they want to “sell my Boston house fast”, then you should seriously consider avoiding the real estate market and selling for cash today.
13 Sep 2018