One of the first questions that goes through every homeowner’s head when seeing a postcard, letter, or sign that says something along the lines of “We Buy Houses, Cash Offers, Close Quickly” is whether a cash offer would make sense for them or not. The answer to that is:
It Depends
Every situation is unique. For some homeowners cash offers are the best option, and for others we would recommend alternative paths forward. We’ll get into the details of when to reach out to cash buyers, like us! As well as what could go wrong with a traditional listing.
Major Pitfall of a Traditional House Sale
You want to list your house with an agent because you want top dollar; I don’t blame you, the market is hot. Hopefully you’re not in a rush, as it typically takes around 45 days to get to 
officially close on your house once you accept an offer. That’s assuming your buyer makes it to closing.
One of the biggest complaints from homeowners during the selling process is buyers backing out of or not having the ability to close on their houses. The process of finding a buyer starts all over again once this happens. Then there’s all the people that walk through your property and at the end the price you get to keep is much less than what you were asking.
When A Cash Offer Makes Sense
- You are in a hurry and need to sell quickly
- You are tired of dealing with the property
- You no longer want headaches
You know your property will be sold when accepting a cash offer. You do not have to worry about the contract falling through as you would with a buyer attempting to obtain a bank loan.
You don’t want to make tedious repairs to your property, good! We won’t make you. You get to sell your property as is when choosing a cash offer.
No time to clean? Not a problem. When working with us, we’ll take care of the cleaning and any unwanted items you don’t want to take with you.
Make sure your cash offer is from an honest company
I cannot emphasize the above statement enough, you want to make sure the person you’re dealing with is trustworthy. Here at 401HomeBuyers we can provide you with great references of homeowners we’ve worked with in the past, and we’re more than happy to answer any questions you may have so you feel comfortable with working with us.
If you’re curious about selling your house in Rhode Island for cash or just interested in how everything works, please give us a call.
Call or Text us at 401-541-5560