Real Estate
With summer right around the corner, the real estate industry is readying itself for an influx of business. Summer tends to be a time that many people make real estate decisions as kids start getting out of school. With that in mind, if you don’t have the right house, the upcoming market may make selling your house difficult. If you want to sell your home fast, you may also find the upcoming market difficult.
According to FRED, the average number of days that a house is currently on the market right now in California is 40 days. Summer of 2023 saw no less than 30 days on the market for San Joaquin and Stanislaus County homes. This is not the number of days until closing, time in escrow needs to be added which is an additional 3-6 weeks. If you need to sell your home fast, a summer market may not be for you, but it does not mean you need to wait.
The Alternative
Cash offers are not dependent on any season, they operate somewhat outside the regular real estate market. They also don’t depend on having the latest and greatest within the home in order to complete the sale. If you are already concerned about the competition when the time comes to go to market, your home may end up staying on the market longer as well. Cash offers help you avoid a number of things in the home sale process that could benefit your situation.
Appraisals and Inspections
Finding a cash offer means no appraisals or inspections! Not only does this speed up your sale, but it can help you avoid costs while selling. If things are discovered during inspections, you could lose the sale due to contingencies. You could also lose money on the sale or be asked to make renovations to the home in order to complete the sale. This can delay your sale and potentially end it all-together. A cash buyer like Eric with ASDM Homes is willing to forgo those inspections, making a way for you to avoid all the potential pitfalls surrounding the inspection process.
Repairs
Even if you know your house needs repairs, cash buyers like Eric with ASDM Homes buy homes that are in need of significant repairs. Repairs will often be mentioned at some point after the inspection, if not by your agent before you list. Repairs can hinder you from getting your house sold in the timeframe that you need.
Time to Close
When working with a cash buyer, you gain the ability of changing the timeline until you are able to sell. If you are in need of closing by a certain date, cash buyers are able to accommodate you, within reason, so you can have a faster transaction. They are able to do this because the selling process is a lot simpler. There are less hoops you will need to jump through with them, you can get to sell your home faster!
Hiccups
The sale of your house is entirely dependent on the financing of the buyer. Even after you accept an offer, it doesn’t mean the deal is done. When inspections and appraisals are done on your house, it can change the financial situation of your deal. Depending on the value of your home, your buyer could need more cash funds. They could make a purchase that could affect their ability to qualify for their loan. The lender may also delay closing as they request more paperwork. Since cash buyers buy in cash with the property as-is, these financing delays and others are not issues.
What Works For You?
Eric with ASDM Homes offers an easier alternative to sell your home fast in San Joaquin and Stanislaus county. Cash offers can help you sell your house quickly, for a fair price, without the need for repairs, inspections, or having a line of strangers walk through. Selling a house on the market can be a long, costly and difficult process. Selling your house does not have to be.
If a cash offer is what’s right for you, Eric with ASDM Homes is here to help! We can give you a fair cash offer, help with all the legalities, and streamline the process to help get your home sold fast! Contact Eric today to find out what you can get for your home and how quickly you can get that cash in hand!