Selling your home to a cash home buying company is a great way to save money and sell your home fast. One difference when selling this way is that you don’t list an asking price for your home. Instead, the home buying company will estimate the value of your home and offer that price to you.
A benefit of selling to a cash home buying company is that these companies are typically quite unbiased. Their ultimate goal is to buy, fix up, and resell or rent out property as quickly as possible. They have the funds to pay a fair price for each property they are interested in. Furthermore, they typically aren’t trying to trick sellers into agreeing to a low price. Cash home buying companies objectively look at the value of your property and are not swayed by how much you have renovated or decorated.
Because cash home buying companies look at so many homes, they know exactly what they are looking for. Therefore, they have their own evaluation system set up. These companies will usually send one person or a team to check out your property. There is no need to stage your home or give a formal tour of the property. The evaluation person or team may ask you some questions about the property or to see floor plans. If you don’t know how to answer or don’t have floor plans to show them, don’t worry! There are still other ways they can estimate the value of your property.
In addition to completing an in-person walkthrough and assessment of your property, a cash home buying company will likely conduct some of its own research. As part of their research, a cash home buying company may look up the age of your home and the prices of similar properties in your neighborhood or city. Combining their findings from the in-person assessment and outside research, a cash home buying company will then come up with an accurate estimate of how much your home is worth.
Cash home buying companies are very efficient, so they can have their entire evaluation and research process done in a matter of days or a week. Once they have extended an offer to you, you can accept or choose to negotiate with them. After you and the company have agreed on a price, the closing process is incredibly straightforward.
To find out how much you could make from selling your home for cash, reach out to Taggart Property here to start the evaluation process today.