What to Expect When Closing With a Cash Home Buying Company

Most people are familiar with the process when it comes to a traditional home sale. Usually, it is more of a necessary evil than anything else. It can be a long, arduous process–all while packing up for a move at the same time. You might be less familiar with how things work when you sell your home to a cash home buying company. Here is a brief guide that will help you know what to expect at closing.

Expect it to Be Fast

With a conventional sale, there can be a lot of waiting involved. Sometimes, there are even delays. This could be caused by any number of things, including issues discovered during the inspection, an unexpectedly low appraisal, finding invasive pests, liens against the property, loss of financing, or the buyer getting cold feet. Even without these unfortunate setbacks, it can take weeks for funding to go through. When you sell your home to a cash home buying company, all of those possibilities become a non-issue, and the company has ready cash. Once you accept the offer, you could close within a week–or even less if that is what you need. 

Expect it to Be Convenient

When you close with a cash home buying company, all you have to do is show up and sign a few papers. Plus, you get to choose the day and time that is convenient for you. Furthermore, closing will be done at a nearby title company, allowing you to close without having to travel long distances to get there. Best of all, you get the peace of mind that comes from knowing that none of the glitches mentioned above will get in the way of a successful closing. 

Expect it to Be Free

Closing on a home with a traditional sale can be painfully expensive for the sellers. You will be in charge of both the buyer’s and your own realtor commissions, which is generally around 6% of the price of the home. As if that isn’t enough, you will also be expected to cover the various closing costs, such as title fees, attorney’s fees, and more, totalling around 2% of the sale price. That means you walk away with a whopping 8% cut from the proceeds on your home. That hurts! When you sell to a cash home buying company, you won’t have to pay a penny. 

Closing on your home sale to a home buying company couldn’t be easier. The goal is to make everything as painless as possible for you and your family. You can’t get better than fast, convenient, and free. 

Are you looking to sell your home without the hassle of a traditional sale? You have come to the right place. Simply click here to get started on your free, no obligation consultation!

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