You may have heard homeowners who have worked with cash home buyers talk about how much money the process has saved them. But how can you know how much money you’ll save by selling your house for cash unless you learn a little more about cash buyers? Here are some helpful details that will help you to know how much you’ll save by selling your home for cash.

Offer Transparency

First of all, your cash home buyer will provide you with a lot of transparency when it comes to your cash offer. They’ll provide you with a cash offer that they’ve carefully calculated according to your home’s value. You can trust that your cash buyer not only has the cash to pay you that full amount but that you’ll also receive that full amount when you close on your sale. When you accept an offer from a traditional buyer, you often don’t anticipate that inspections, repairs, renovations, and commission fees will cut into the amount of money that you receive when you close on your deal. Your traditional buyer also might delay your sale while they’re waiting to receive money from a bank or lender to help them pay you.

Skip Repairs and Save Big

Certain cash buyers will help you to skip repairing your home and save thousands of dollars in the process. Some individual cash buyers might require you to perform some routine inspections and repairs on your house before you sell. However, cash home buying companies, which are established companies of cash buyers, will purchase your home as-is without any repairs. You’ll be able to avoid paying for inspections and repairs, which will save you a lot of money. Some traditional buyers tend to require you to pay for many repairs, which can mess up your sale budget.

Don’t Pay Commissions

Finally, when you sell your house to a cash home buying company, you won’t have to worry about paying commission fees. Commission fees are required when you use a real estate agent to help you to sell or buy your home. Cash home buying companies never work with real estate agents since they are established investors and buyers themselves. Since most commission fees are 5-6% of the sale price of the home, this will save you tens of thousands of dollars!

So, next time you’re preparing to sell your home, remember that you can save a lot of money by selling your home to a cash buyer. After all, your money is very valuable when you’re trying to sell your home and close on a new home. The money that you save when you sell for cash can help you to afford your new dream home.

Do you want to save time and money by selling your home for cash? Click here to get a cash offer from Sierra Housing Solutions!