If you are thinking about selling your Kenosha-Racine house, have you considered accepting a cash offer? Selling your home for cash has many benefits. Usually, the sale goes through very fast—in a matter of days, not weeks or months. Also, you can sell a home in any condition, and you keep all the money from the sale.
Although selling a house in a cash-only sale has its benefits, it’s not suited for everyone. You’ll no doubt want to know what are the advantages and disadvantages of this type of transaction. After all, selling a house in Wisconsin is a big deal—one of the biggest deals you’ll make this year. So, before you proceed, you need to make an informed decision.
In this article, you’ll learn how to sell any property for cash. You will also find out when it makes sense to refuse a cash offer—and when accepting a cash offer makes the best sense.
Selling My House for Cash in Kenosha-Racine
Most people take the traditional route when selling a property in Kenosha-Racine. They hire a real estate agent, attract some buyers, accept an offer, and pay the agent 5 to 6% in fees. Usually, there is no cash involved because the buyer gets a mortgage from a lender. After all, very few people have hundreds of thousands of dollars sitting in the bank to buy a home with.
In many cases, even property investors don’t close real estate transactions with cash. They usually get a bank loan to share the risk.
Here at At Home Buyers, we don’t spread ourselves too thin. Our main goal is to build stable communities around Kenosha-Racine. We buy houses in any condition for cash. And, in most cases, we’ll pay cash for your Kenosha-Racine Wisconsin home. So, in a matter of a few days, you could sell your home and have the money immediately in your bank account.
Sell My House for Cash — The Benefits
There are five benefits of making an all-cash transaction to sell on your house. Let’s look at these in more detail so you can decide if this type of transaction suits your needs.
1. No commission to pay when selling your home for cash
When you sell your house for cash, you are selling directly to the buyer. This means that you have no commission fee to pay. Now 5 or 6% may not seem too much. But, depending on your home’s value, this can be a substantial fee—sometimes adding up to tens of thousands of bucks.
2. Get money fast on an all-cash sale
Selling your Wisconsin home for cash means that you don’t have the hassle of waiting for the buyer to sort out a mortgage. You also attract serious buyers who are not just snooping around houses for sale for fun. In the end, you get the money when you need it most.
3. Cash property sales are don’t require house repairs
Another benefit of selling your home for cash is that you don’t have to fix it up to sell it. Many homebuyers make the mistake of doing expensive repairs or renovations without getting a good return on investment. When we buy homes for cash, we buy them exactly “as is.” Not only does this save you money, but it also saves you a ton of time as well.
4. Guaranteed sale when you sell your home for cash
Unlike real estate agents who can’t guarantee that they’ll sell your home, selling for cash results in a guaranteed sale. “Traditional” home sales usually involve various prospective buyers going through your house, putting in an offer, then waiting on their mortgage approval. When a Wisconsin property investor offers you a fair offer for your home, you are guaranteed to sell it if you accept.
5. Selling your Kenosha-Racine home for cash is simple
Usually, selling your house for cash couldn’t be easier. After chatting with a member of our team, we will consider your property’s value, the neighborhood, and the value of other properties in the area. Very often, we can give you an instant offer for your home. If you are happy with the price, the deal can usually be completed within seven days.
Are There Disadvantages of Selling Your Home for Cash?
So, is there a downside to cash-only deals on Wisconsin properties? Usually, a real estate agent will put a higher value on your home.
However, even though it may seem like you’re getting more money for your house, you have to remember to deduct the agent’s commission. In the end, we feel that the advantages of selling your home for cash far outweigh any perceived disadvantages.
If you’re still wondering “should I sell my house for cash?” — here’s a quick recap on the advantages of all-cash home sales:
- Close the sale of your home in under a week
- No banks involved in the transaction
- No costly repairs to make on your home
- No appraisal that could affect the value of your home
- No contingencies to worry about
- No home inspection
- No commission to pay
- Sell your home at any time of the year—including winter
How to Sell Your Home for Cash?
Many homeowners go down the “For Sale By Owner” route—also called FSBO. This involves getting your home into a saleable condition, advertising it, negotiating with prospective buyers, and getting the legal documents prepared to sell your home.
However, Kenosha-Racine residents who need to sell their home fast have found that calling a property investor is the fastest route.
For example, our team at At Home Buyers has all the necessary experience to guide you through the process. If you accept our fair price offer, the deal can be completed in a few days. The benefit to you is that we handle all the paperwork.
Working With a Reputable Kenosha-Racine House Buyer / Investor
It’s crucial to ensure that your cash buyer has a solid reputation in the Wisconsin area. At At Home Buyers, we can provide you with stellar references from previous clients we’ve helped. We can also show you examples of some of the latest projects we’ve worked on. You can also read testimonials from satisfied homeowners.
All you have to do is reach out to us, and we will be happy to answer any questions you have.
We pride ourselves in helping to build a stable and robust community in Kenosha-Racine. Our local mission is to help local Kenosha-Racine WI homeowners who need to sell their home fast. If you are looking to sell your house in Kenosha-Racine quickly, please call us at 262-228-8505 or fill out this easy website form so we can give you an offer today.