You’ve probably heard those horror stories about houses that have stayed on the housing market for months and months on end without moving. It may seem like a strange idea, given the rate at which houses have been flying off the market in recent years. Still, even when things go smoothly and relatively quickly, the traditional process can take months to complete. In comparison, the timeline for closing with a cash buyer is much faster.
The Traditional Process
The traditional process of closing on a house can be pretty involved and take anywhere from 30-45 days, if not longer. This is in large part because traditional home buyers must take out a mortgage in order to pay for a home. Most people just don’t have hundreds of thousands of dollars laying around that can be used to pay for a house. Lenders have a vested interest in making sure their money is being put to good use. That’s why they’ll have appraisals done and why there are financing contingencies. That, along with all the paperwork and approvals that need to be done make for a rather lengthy closing process.
From Offer to Closing Day
By comparison, closing with a cash buyer is pretty fast. From the time you receive your offer to closing day, there’s a lot that needs to be done. You can verify that the buyer has the money to buy the house. That can take 1-2 days. It will also take about a day to secure title services, as well as escrow services if needed. A title search will take about 3 days to perform. Sierra Housing Solutions will have already done a walkthrough, appraisal, and inspection before extending an offer, so that won’t take up more time. All in all, it should take about a week from when you get your offer to complete everything that needs to be done before closing day.
Once closing day arrives, all the hard work should already be done. At this point, all that’s left is to meet with Sierra Housing Solutions at a local reputable title company and wrap up the paperwork. As long as everything is all squared away, the closing itself shouldn’t take more than 2 hours, if even that. Now that’s pretty fast.
If you want to spend less time selling your home and more time doing, well, literally anything else, it’s hard to beat the speed that comes from selling your home to a cash buyer. Not only does Sierra Housing Solutions offer you a quick sale, but the process is practically effortless for you and puts cash in your pocket. Really, the question is why wouldn’t you want to sell your house to Sierra Housing Solutions?
Not convinced that selling your house to Sierra Housing Solutions is right for you? Click here for some compelling reasons to sell your home to a cash buyer.