I had seen billboards advertising cash home buyers throughout the city of Phoenix.
I’d heard ads on the radio and received flyers in the mail.
I never really considered a cash transaction as a viable option. I assumed that it was some sort of scam. When I decided to sell my house on the outskirts of Phoenix, I read up on the process. I found that realtors take a much larger percentage of the sale than I was expecting. Plus, there are considerable closing fees, the cost of a home inspection and lawyer fees. The home inspection can lead to major repairs, such as replacing a roof, updating an electrical panel or digging a new septic system. With a conventional home sale, it’s necessary to spruce up the property, take photos and schedule open houses. Once there is a potential buyer, there are negotiations and bank financing to worry about. The bank always demands an appraisal, which could come in far lower than anticipated. The deal could very easily fall through. Selling a home can take months. All the while, I’d be paying property taxes and handling upkeep. When I looked into the process involved with a cash transaction, I was impressed by the efficiency and simplicity. The cash home buyer takes care of all of the complex paperwork and fees. They don’t require an inspection, appraisal, repairs or even cleaning. In most cases, the cash home buyer provides an offer within twenty-four hours of receiving the contact information. There is no obligation to accept the offer. The closing can be completed in seven to ten days.
cash for house with tax lien