If you have ever sold a property, you’ll know it can be a somewhat stressful ordeal. Not only do you have to deal with the various challenges and expenses of the housing market, but you are also at the mercy of delays, property chains frustrations and the heartbreak of a sale falling through.
The circumstances mentioned above are just a few of the reasons why sellers look for alternative solutions to a conventional sale on the housing market. In this post, we’ll take a look at some of the benefits of accepting a cash offer and why you should consider a quick house sale if you are in a hurry or have struggled to sell your home.
What Is a Cash Buyer?
A cash house buyer is someone who has the money in their bank account to buy a property outright, with no need for a loan or mortgage. This speeds up a sale significantly as there are fewer hurdles (such as estate agencies and viewings), and you also avoid the potential delays and complications of conventional property sales.
A cash buyer will often be a house-buying company or a company representing a property developer who intends to purchase the property for renovation. A genuine cash buyer will already have access to the funds needed to buy your home. If they don’t, you will likely face delays if you accept their offer.
Whether you have received a cash offer from an individual or a company, it’s essential first to request proof they have the finances to cover the cost of their offer.
So, what are the benefits of accepting a cash offer on a house?
Less Stress and Less Hassle
Selling a house is a very exciting time in your life, but it’s also complex and super stressful. Much of this stress comes from physically moving all of your belongings to a new property. However, the housing market is renowned for its tricky nature and ability to cause frustration for even the calmest of folk.
One of the critical benefits of a cash offer on a property (providing you accept it) is it allows you to avoid the expense and hassle of an estate agent, which means you don’t need to prep your home for viewings and hope someone will take a liking to your house.
Cash House Sales Can Be Completed Quickly
Cash offers for your home are the perfect solution if you are looking to sell as quickly as possible, for one reason or another. You may have your eye on your dream home but have a small window to purchase it, have to sell quickly due to divorce or inheritance, or are relocating and need to wrap the sale up ASAP. Regardless of the scenario, cash offers provide you with a timeframe that suits your needs and full control over the entire process. These two aspects of a sale can cause the most frustration with the housing market, as you are often relying on other people before you can complete your transaction and move.
At House Buyer Bureau, our team of property experts have vast experience of quick house sales. They can help you to complete within as little as seven days — without compromising efficiency or attention to detail. If you’re eager to sell a property quickly, with minimal hassle, give our team a call to find out how we can help you.
No Property Chains to Worry About
A property chain is where the sale of your house relies on the successful sale of another person’s property, so they then have the money to purchase your home — therefore making you a link in a chain. This type of situation is complicated enough, but when you add more links to the chain (buyers and sellers relying on other buyers and sellers), it increases the likelihood of problems occurring. Being part of a property chain instantly means the sale of your home will take longer, but what’s most frustrating is that a deal can fall through at any moment if another person’s financial or personal situation changes.
Every day homeowners experience the heartbreak of missing out on a dream property because another person in their property chain pulls out of a sale. Due to the stress, this causes, avoiding the property chain altogether is one of the most appealing benefits of a cash offer on a house.
You Won’t Have to Pay Additional Fees
When you sell a house on the housing market, this comes with several different fees that can build up to quite a hefty amount — estate agents’ fees are one example. If you have struggled to sell your house and it has been on the market for quite some time, you can end up paying an estate agent a lot of money before you find a buyer who is willing to pay a price you are happy with.
While a cash house buyer company does take a percentage of the final sale price, every expense — such as surveys and lawyer costs — are included in the service. And you’ll find the small percentage they require to carry out the service can be a lot less than you would end up paying in additional fees on the housing market. Plus, there are the added benefits mentioned above.
Why Choose House Buyer Bureau?
Cash buyers are hugely beneficial for people looking to sell their property as swiftly as possible without dealing with the hassle and stress of the housing market. House Buyer Bureau is the UK’s favourite cash house buyer. We purchase all properties, regardless of their location or condition, making it the perfect solution for sellers who have been struggling to sell a property.
There are no valuation, estate agency or lawyer fees to pay, no viewings, delays or complicated property chains — just the benefit of a straightforward, hassle-free cash offer for your home.