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Real Estate

3 Ways To Sell Your House for Cash

3 Ways To Sell Your House for Cash

Did you know that about 5 to 6 million existing homes in the United States get sold each year? That proves that many people in the US still prioritize becoming homeowners.

So if you have a home to sell yourself, you’re sure to find one or more potential buyers.

However, selling your home can take weeks or months, mainly if you sell it to a mortgage borrower.

Fortunately, you can sell your house for cash and get the money within only a few days. We’ve listed the top ways to do that below, so read on.

1. Sell Your House to a Cash Buyer

If you want to sell your house fast for cash, your primary option is to work with a cash buyer. Most cash buyers are individuals or businesses that purchase and then renovate homes. After carrying out improvements, they then sell it for a profit.

Because fast cash home buyers improve the properties they purchase, you can sell your house to them as is. Thus, you don’t have to conduct any repairs to your home, resulting in a quicker sale. You don’t have to hire a realtor or real estate agent, either, as you can work straight with the cash buyer.

You can learn more about this here to start the process of selling your house for cash to a straight buyer ASAP.

2. Sell Your Home to a Flipper

House flippers also buy homes for cash for houses sacramento, but they often stick to properties in a poor state. That includes dilapidated houses in need of significant and expensive repairs.

Suppose your home suffered from flooding of at least one inch of water; that can cause damages worth $25,000. That doesn’t even include the thousands of dollars you need to spend on repairs. You also have to factor in the cost of improvements to make it more resistant to future floods.

You can sell your water-damaged house to a flipper if you can’t afford such expenses. Like standard cash buyers, the buyer won’t require you to repair your home first. Instead, you can sell it as is with all the damage and get cash in return.

3. Sell Your House By Yourself

For Sale by Owner (FSBO) is a method wherein homeowners sell their homes themselves. They don’t hire realtors or real estate agents to help them throughout the sale. Since no professionals participate in the process, owners don’t pay for their fees.

Many homeowners opt for the FSBO method as real estate agents can charge a commission rate of between 5% and 10%. So, if you hire one to sell your house, you’re looking at a considerable deduction on the amount you get after the sale. For instance, if you have an agent sell your home for $150,000, you must pay the professional $7,500 to $15,000.

However, if you decide to sell your home through the FSBO route, you still need to advertise it. You can join an online real estate marketplace to list your house on their site. Ensure you indicate that you’re selling only for cash, though.

Sell Your House for Cash Today

And there you have it, all the top ways you can sell your house for cash. As you can see, selling to a cash buyer or a flipper is the primary way, not to mention the fastest. So, if you’d rather not spend time and money on repairs, consider working with such a buyer.

Are you looking for other money-making or home-related ideas? Then be sure to check out more of our blog posts now!

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