Part of what makes cash home buyers stand out from other buyers is in the name: they buy homes for cash. One of the other big selling points is how quickly they’re able to close a deal on a house. From start to finish, their buying process blows other buyers out of the water when it comes to speed. So just how fast can cash buyers close a deal on a house?
On average, it usually takes anywhere from 30-45 days to close a deal on a house when selling your home the traditional way. There are a lot of steps involved when it comes to closing on a house, and while most of them take a matter of days, a few steps can take weeks. If there are any causes for delay, closing will take even longer. Problems with outstanding debts, down payments, and credit reports can all make the process take longer.
Cash Buyer Timelines
By comparison, the timeline for a cash home buyer is much faster. While situations vary from homeowner to homeowner, it’s not unheard of for cash home buyers like Sierra Housing Solutions to close on a home in as little as a single week. While there is still plenty of documentation to go through and finalize, part of what makes the process so quick is that cash home buyers don’t need financing. Because they already have the money to buy the house in cash, there’s no need for another appraisal or any other part of closing that requires input and approval from a lender.
Another part of what makes cash home buyers so attractive to some homeowners is the ability to close when it’s convenient for the seller. If you’re a homeowner who wants to lock in a price for your home but move when it’s more convenient for you, that’s an option too. Many cash home buyers will work with homeowners to find the best possible timeline for everyone. Whether you need to close quickly or need a little more time, there’s a good chance Sierra Housing Solutions can work with you on it.
When you compare the typical timeline for closing on a house with that of a cash buyer, there’s a clear winner when it comes to matters of speed. In fact, because of the way cash buyers work, pretty much every single part of the buying and selling process goes faster. If you need to sell your home fast, selling to a cash home buyer is hands down the way to go.
Ready to sell your home faster than you ever thought possible? Contact Sierra Housing Solutions here to get started.