Although American homeowners move every five to seven years, on average, that doesn’t mean that moving to a new home is easy. Nor is selling your home fast a simple process. In fact, most homes spend at least a few months on the real estate market. Even if the property is in excellent condition and you’re working with a great agent, there’s no guarantee that you’ll be able to sell your house quickly when you go the conventional route.
That’s just one reason that sellers opt to work with the cash home buyers Greenville trusts. But if you choose to list your home on the real estate market with help from an agent, you might come face-to-face with barriers that keep you from selling your home fast. Here are three of the most common delays you might experience during this process — and one way you can avoid them all.
- Necessary Repairs: When you list a home on the real estate market, the majority of potential buyers will want to see a turnkey property. While some are willing to put in a bit of work and don’t mind some simple repairs, larger tasks will cause many prospective buyers to walk away. And if a buyer discovers that there are hidden issues during an inspection or final walk-through, you shouldn’t be surprised if the sale completely falls through. This, understandably, can lead to major delays at various points throughout the home selling process. Unless you’re able to fix these issues or you compromise on price, you may wait even longer for your home to sell.
- Mortgage Loan Approval: If you have buyers interested in your property but they aren’t able to pay cash for the home upfront, you’ll most likely need to wait for their mortgage loan to be approved before the sale can be finalized. Mortgage-related delays are incredibly common because the sale will often depend on this approval. And when something occurs that’s outside your control (like increased interest rates or a discrepancy with the buyer’s credit score), you may have no choice but to wait it out.
- Agent Inexperience: Many real estate agents provide valuable insight for their clients, but not all agents are created equal. Whether due to your own agent or the agent of a buyer, it’s possible that someone might drop the ball or fail to put your interests first. Agent inexperience is only one potential cause of delays, but it can be a big price to pay (especially when you’re already paying a hefty chunk in commission fees when your home finally does sell).
How Can You Avoid Delays and Sell Your House Fast?
Selling your home fast can be a challenge, but working with cash home buyers can eliminate the aforementioned delays. When you work with a home investor, you won’t need to fix up your home prior to selling or worry about loan approval. You won’t have to find a real estate agent either, since you’ll be working directly with the buyer. Ultimately, working with home investors can speed up the selling process exponentially and will ensure that nothing will derail the sale of your home.
To learn more about how we can help you sell your home quickly, please contact our team today.