Looking to sell your property in Lexington?
You might want to consider a cash home buyer. Although they do not have the most ideal reputations, a number of reliable companies nowadays provide cash offers for homes in Lexington, KY to improve the experience for sellers.
Depending on your reasons for selling your home, the speed and convenience of selling for cash may be for you.
What is a cash offer?
Cash home buyers in Lexington, KY are either individuals or companies that buy your house outright, without the need for a loan. Simply put, these are all-cash bids on your home.
Because your home will be bought outright, it might get sold for below market price. There are a number of good reasons for this.
- Cash offers are low risk, so chances of it falling through are slim.
- The reduction in the offer price offsets the usual effort and resources needed to sell a home.
Cash offers are also more common than you think. The usual scenarios are when an investor or investment company is interested in a property. In addition, there are a lot more reasons why a cash home buyer might be interested in your property.
- Some home buyers have cash on hand and use it to their advantage in a competitive housing market.
- Some home buyers are specifically looking for fixer-uppers.
- Your property is up for foreclosure.
Now that you have a better idea on what it is, here are some reasons why you should consider a cash home buyer to sell your house fast in Lexington, KY.
Reduce your expenses
One of the main reasons why you should consider a cash home buyer is the money that you will save. Traditional home sales involve many expenses and selling for cash lets you skip most of these. You may also want to consider For Sale By Owner (FSBO) vs a cash home buyer. However, the latter would have more benefits such as the following.
Less stress
When dealing with traditional buyers or real estate agents, there are a lot of things to consider such as repairing your home for inspections and appraisals and organizing your schedule for showings.
With a cash home buyer, there is no need to worry about these. You can sell your home in an “as is” state as they already know that your property may have problems or flaws. You may still, however, fix your home to get a better price.
Flexible move out
A cash sale gives you flexibility on when to move out, whether it is immediately or a few months later since you’re not waiting for the approval of a loan. Going for a cash home buyer means you get to move out when you’re really ready.
Faster closing
When the buyer needs to take out a loan, the process usually depends on the lender’s timeline. When you sell your home to a cash home buyer, lenders don’t need to be considered anymore, making closing the sale faster. In addition, cash home buyers also skip the negotiation process. Once you request an offer, it is up to you whether you want to accept it or not.
Ready to sell your home?
We buy houses in Lexington, KY!
RYLO Homes is a no-nonsense house buying company that offers cash for houses. If you need to sell your house fast in Lexington, KY for cash, we’re local home buyers serious about buying your house. No repairs, no inspections, no agents, no fees, no commissions.
Our process does not involve getting pre-qualified by a bank in order to obtain a mortgage loan to purchase your property or wasting your time listing the property on the MLS, Zillow, Realtor.com, or any other listing platforms. The reason we are able to move so quickly on the purchase of your house is because we use our own CASH MONEY to buy the property, which means the sale is more secure and we can close faster.
To find out more about our unique and alternative ways to sell your house fast in Lexington, KY for cash, call us today: (502) 317-8553.
