While the Jacksonville, Florida, real estate market is rather unpredictable, there is a more straightforward alternative. There are many advantages to selling a house for cash. Cash offers are beneficial because they significantly reduce the risk of the deal falling through. This is because there is no need for mortgage approvals or financing. The cash buyer has sufficient funds to cover the entire cost of the home. Most of the time, cash home buyers close deals far quicker than the conventional process of selling real estate. Rather than waiting months to find a potential buyer, homeowners can walk away from an unwanted property in under two weeks. Selling a home for cash eliminates the appraisal, which is a standard step in the mortgage process. Getting an appraisal often slows down or even halts the sale. Avoiding a home inspection also eliminates the cost, hassle and mess of making repairs. A home inspection might reveal corroded gutters, an older roof, unreliable air conditioner, outdated electric panel, risky septic or all sorts of issues. Fixing these things is typically the responsibility of the current home owner. Along with repairs, there are staging and closing costs. There are agent fees. It’s a very complex process that can be far more than homeowners want to take on. Contacting a cash home buyer requires little more than the completion of an online form. These companies ask for some basic information and answer with a cash offer. Homeowners can think it over without obligation or pressure. Once they agree to the offer, the closing happens within days rather than months.
