How Much Money Can I Save by Selling My House for Cash?

The costs of selling your house can add up very quickly, especially if you’re trying to afford the closing costs for your new house at the same time. If you have a tight budget and are looking to save money, sell your house to a cash buyer instead. This article will show you an estimate of what you could save by selling your house for cash.

Get a High Cash Offer

When you’re selling your house traditionally, you often have a lot of expenses before you even start to get offers on your house. For example, it usually costs money to stage and photograph your house for advertisements. Then, house sale listings also cost money. The longer you wait to sell, the more these costs will add up. You can save a lot of money right off the bat by getting a high cash offer from a cash buyer. Cash buyers usually won’t need you to list your house or give them a tour before they give you your offer. They’ll just need you to provide them with some information about your house that will help them to calculate its value, which will be reflected in your cash offer. Unlike traditional buyers, cash buyers will always give you the highest possible offer they can!

Don’t Waste Money on Repairs

You can also save money by selling your house for cash when you avoid wasting money on repairs. Many cash buyers, especially cash home buying companies, will purchase homes in any condition without requiring repairs. Even though inspections, repairs, and renovations might seem like a routine part of selling your house, these steps can cost you tens of thousands of dollars. All of that money will stay in your wallet where it belongs when you sell your house as-is to a cash buyer. Just check with your cash buyer before accepting their offer to clarify their repair requirements. 

Skip Commission Costs

Finally, cash buyers can help you to save big by helping you to skip commission costs. Very few cash buyers work with real estate agents and would charge you a commission. However, all cash home buying companies work alone to purchase homes, which means they don’t use real estate agents. This is a big deal considering that most real estate agents charge 5-6% commission of your home sale price. Skipping commission costs can save you tens of thousands of dollars!

When you save money by selling your house to a cash buyer, you’ll be able to better afford your new home. Suddenly, closing costs, insurance, and deeds won’t be as big a burden when you’ve been able to save tens of thousands of dollars by selling for cash. Remember, selling your house to a cash buyer can give you the financial stability you’ve always dreamed of.

Are you ready to save big by selling your house for cash? Click here to get a cash offer today from Joe Homebuyer, a cash home buyer!

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