Cash home buyers in Lacey, Washington outrank financed home buyers because there is a low chance of the deal failing to go through. Typically, cash home buyers close faster than financed home buyers. These are the two major benefits that attract many people to sell their homes for cash in most situations.
However, there is more to home cash offers than the closing date and finance contingency. Generally, there are three things that you should scrutinize before you accept a cash offer for a home sale in Lacey, Washington.
Source of Cash
It’s important that you verify that the buyer has the amount that you are asking for your home. However, it’s not just about the amount that the buyer has that should worry you. It’s the type of cash that they are holding. To buy a home in Lacey, Washington in cash, a buyer should have liquid money in the bank. The amount should be enough to cover the purchase price as well as the closing costs. This can amount to a significant amount of money.
It is important that you confirm this to ensure that you get money from the sale of your home when you need it. That’s why you should sell your home for cash to a reliable company like KDS Homebuyers. We buy homes for cash in Lacey, Washington regardless of their conditions. Since we don’t rely on mortgages to buy homes, you are guaranteed to receive the agreed amount at closing.
There is no finance contingency in a cash home purchase offer. However, this does not imply that the offer doesn’t have contingencies. In most cases, the buyer reserves the right to inspect and appraise your home before closing. They also reserve the right to withdraw from the sale contract if major repairs are revealed by the inspection. Nevertheless, when you sell your home to a reputable cash home buying company like KDS Homebuyers, you don’t have to worry about this. We can negotiate the buying price to factor in the cost of repairs. Thus, you won’t be delayed by problems that the inspection may uncover because we will buy your home as is.
The Bottom Line
Reputable cash home buyers focus on enabling home sellers to get the cash that they want as soon as possible. The goal is therefore to make closing on a home more efficient. Nevertheless, it’s important to note that you may not get the amount that you can get from a traditional home sale process. That’s because a cash home buyer takes the responsibility of repairing your home when they purchase it in as is condition.
At KDS Homebuyers, we understand your predicament when you approach us seeking to sell your home for cash in Lacey, Washington. We dispatch our team to assess and value your property when it’s most convenient for you. We make you a reasonable cash offer after this assessment and valuation and allow you enough time to decide to take it or decline it. Call us now to schedule your home viewing and valuation with reputable cash home buyers in Lacey, Washington!