The process of selling my house for cash is simpler and more efficient. You don't need to worry about the financing of the house purchase or the buyer's mortgage loan. Depending on the buyer, the sale could happen within a week or two. The only requirement is finding a reputable cash buyer who can back up their offer with finances....
Among the advantages of selling your home to house buyers with cash is the certainty of the deal. These people buy homes without having to worry about getting a loan approved, having their appraisals go down, or the economy crumbling. They do not have to worry about carrying any costs since they do not have to apply for a loan....
Purchasing a house with cash can be similar to buying with a mortgage, except that there is no loan application or paperwork to fill out. A buyer with cash will usually pay an earnest money deposit and make the final walk-through of the home before signing the closing documents. A buyer with cash will also have the option of hiring...