2020 was a harsh year and we’re still living out the consequences.
Economic instability continues to be a sore spot for businesses, families, and individuals. Finding ways to increase revenue and consolidate your assets can open a new chapter for you or your loved ones.
If you’re a resident in New Orleans or Louisiana who is ready to put your home up for sale, evaluating a cash buying option may be in your best interest. A cash offer on a house is a reputable way to allow someone to pay cash for your house allowing you to move out quickly and have the financial means to move on.
Move On Cash Home Buyers is ready to help you tackle this process to have you moving onward and upward while respecting your time and autonomy.
2020 was a harsh year and we’re still living out the consequences.
Economic instability continues to be a sore spot for businesses, families, and individuals. Finding ways to increase revenue and consolidate your assets can open a new chapter for you or your loved ones.
If you’re a resident in New Orleans or Louisiana who is ready to put your home up for sale, evaluating a cash buying option may be in your best interest. A cash offer on a house is a reputable way to allow someone to pay cash for your house allowing you to move out quickly and have the financial means to move on.
Move On Cash Home Buyers is ready to help you tackle this process to have you moving onward and upward while respecting your time and autonomy.
Who Buy Homes for Cash?
Cash buyers can be an investment company, individuals or organizations who assist people in selling homes as quickly and efficiently as possible by making a cash offer to purchase it.
Cash buyers will be able to make a cash offer on a house that will allow them to purchase the home without a mortgage loan or any kind of financing.
When you sell property to someone who does not need a mortgage, it will make the transaction faster and minimize costs and risks.
If you are interested in working with cash buyers who can make a cash offer on your home, the tips below will help you make the most of your experience and help you get the best deal.
Are Cash Offers Popular?
Paying cash for a home happens more frequently than most homeowners realize. According to Realtor.com cash sales for homes are about 36% of the market.
Sellers who are looking for a fast exit from their home typically find cash buyers (buyers who can make a cash offer on a house) a great option! Some sellers will even choose a cash offer over a higher priced mortgage offer because it is more appealing.
The appeal is in the faster closing times, no risk of issues with buyer financing and loan issues with a bank or lender. The inspection and appraisal happen fast, no fees are involved, and at the close the cash buyer pays the agreed price. With a cash sale it is a simple process with minimal risk if you do your homework. It is a choice that makes sense!
Who Buy Homes for Cash?
Cash buyers can be an investment company, individuals or organizations who assist people in selling homes as quickly and efficiently as possible by making a cash offer to purchase it.
Cash buyers will be able to make a cash offer on a house that will allow them to purchase the home without a mortgage loan or any kind of financing.
When you sell property to someone who does not need a mortgage, it will make the transaction faster and minimize costs and risks.
If you are interested in working with cash buyers who can make a cash offer on your home, the tips below will help you make the most of your experience and help you get the best deal.
Are Cash Offers Popular?
Paying cash for a home happens more frequently than most homeowners realize. According to Realtor.com cash sales for homes are about 36% of the market.
Sellers who are looking for a fast exit from their home typically find cash buyers (buyers who can make a cash offer on a house) a great option! Some sellers will even choose a cash offer over a higher priced mortgage offer because it is more appealing.
The appeal is in the faster closing times, no risk of issues with buyer financing and loan issues with a bank or lender. The inspection and appraisal happen fast, no fees are involved, and at the close the cash buyer pays the agreed price. With a cash sale it is a simple process with minimal risk if you do your homework. It is a choice that makes sense!
The Cash Offer Homebuying Process
When you connect with cash buyers, you'll go through a quick series of preliminary communications before any offer on your house is made. You'll submit your application and undergo a cash analysis to figure out if the team can meet your needs. You’ll discuss the ins and outs of your unique situation and process the market value of the house in question.
After the buyer does a property walkthrough and they are interested in the property, you will receive cash on the spot. The money you receive could be a nest egg to relocate to a different neighborhood or leave New Orleans or Louisiana altogether and turn over a new leaf.
Here are some of the differences you will notice if you get a cash offer on a house and decide to accept it.
No need for an appraisal.
Appraisals are usually required by a mortgage lender to ensure the home is worth what the buyer is paying. Without financing, this becomes something that is no longer required.
No mortgage lenders involved.
While title and escrow are still needed, without a mortgage lender involved you can choose who you would like to work with which can be a cost savings.
Less contigencies.
Since financing and mortgage loans are not part of a cash real estate transaction, there are less contingencies such as inspection contingency that are required during the sales process.
Closing happens much faster.
The process of closing is much faster than a traditional home sale due to the lack of a mortgage application, underwriting and other required documentation that is normally needed.
No closing costs.
Closing costs are completely eliminated because you don’t pay any lender fees or realtor commissions. That means you receive 100% of the amount you’re offered.
The Advantages of Selling to a Cash Buyer
When selling to cash buyers, you skip the stressful conversations with investors and brokers that you don’t have time for in the first place, especially if you came into owning this home on a whim.
The average commission fee for a real estate agent weighs in at around 6%. Why not do the leg work and save yourself the hassle, especially if time is not on your side. All the while, you’re pocketing commission fees you which is cash you would have been out.
Selling to a cash buyer means you’re selling to someone who wants to help you sell your house fast. In the end, you get your money more quickly when selling to cash buyers so you can move on with your life and away from your real estate problems.
Choosing A Cash Buyer For Your Home
If you are convinced that cash offers are the right option to sell your home, the next step is finding reputable companies or individuals to bring in those cash offers for you to consider.
Make sure you do your due diligence and understand what you should look for when cash buyers are interested in your home. Of course you’ll need to make sure you get a fair purchase price and that the process is legal.
Ultimately, you want to work with a cash home buyer who is honest and trustworthy, someone who is truly there to help you, not take advantage of you.
The Advantages of Selling to a Cash Buyer
When selling to cash buyers, you skip the stressful conversations with investors and brokers that you don’t have time for in the first place, especially if you came into owning this home on a whim.
The average commission fee for a real estate agent weighs in at around 6%. Why not do the leg work and save yourself the hassle, especially if time is not on your side. All the while, you’re pocketing commission fees you which is cash you would have been out.
Selling to a cash buyer means you’re selling to someone who wants to help you sell your house fast. In the end, you get your money quickly so you can move on with your life and away from your real estate problems.
Choosing A Cash Buyer For Your Home
If you are convinced that cash offers are the right option to sell your home, the next step is finding reputable cash buyers to bring in those cash offers for you to consider.
Make sure you do your due diligence and understand what you should look for when cash buyers are interested in your home. Of course you’ll need to make sure you get a fair purchase price and that the process is legal.
Ultimately, you want to work with a cash home buyer who is honest and trustworthy, someone who is truly there to help you, not take advantage of you.
Who Cash Buyers Can Help
There are many reasons why selling a home to a cash buyer may be something to consider versus working with real estate agents or more traditional methods of home selling.
Cash home buyers find themselves serving the needs of a broad range of folks who need real estate support. Below are just some of the more common reasons people choose to accept cash offers from a buyer:
Inherited Property
In the event of a family member passing, many folks will find an inherited home a burden, especially if they are established in their own home.
Pay Off Debt
Downsizing is benefitting families and individuals across the nation looking for economic relief amid the pandemic. Depending on the equity in your home, a cash offer may be just what you need to pay off debt and start over.
Landlord Woes
If you own a home that you are renting and are dealing with tough tenants or a neighborhood decline, this could be a great time to accept a cash offer and move on from the stress.
Aging Parents
If you’re in the transition phase of moving your parents into a nursing facility or in with you, selling their home may seem like too much stress. Real estate transactions are added stress that you do not need and a cash offer can remove that stress.
Marriage Discourse & Settlement
In the unfortunate scenario in which you part ways with a significant other, there’s no need to sit on an old house no one will occupy while you wait for a buyer.
Beyond Repair
In the same way you wouldn’t replace a blown head gasket in the old Toyota Corolla from 1997, you wouldn’t want to sink your hard-earned dollars into repairing a home that’s riddled with repair needs outside of your financial ability. A cash offer would help you rid yourself of the home and let someone else invest that money!
Avoid Foreclosure
If you are falling behind on your mortgage payment–and many people have during the past year–that cash offer can help you make sure you avoid foreclosure. This in turn can help you to possibly secure a loan on a more affordable home with a smaller mortgage payment.
Natural Disaster
Experiencing grief during a natural disaster is hard enough, but dealing with the damage to your home afterward can really be heart wrenching. A cash offer will help you move on from the tragedy and start over with your family.
Ready For A Cash Offer On Your Home?
If you’re a New Orleans or Louisiana resident and you’re looking for honest cash buyers, look no further. Our company is Move On Cash Home Buyers and we’re ready to buy your home, close quickly, and supply you with the funds that could change the trajectory of your life.
Imagine selling your home with no need for staging, marketing, open houses or showings!
If this option for selling your real estate sounds too good to be true – we promise, it is not! Connect with us today so we can walk you through the process of selling your home for cash on the spot–(504) 356-8000.
We’re ready when you are.
Get a Fair, No-Obligation Cash Offer for Your Home
Ready For A Cash Offer On Your Home?
If you’re a New Orleans or Louisiana resident and you’re looking for honest cash buyers, look no further. Our company is Move On Cash Home Buyers and we’re ready to buy your home, close quickly, and supply you with the funds that could change the trajectory of your life.
Imagine selling your home with no need for staging, marketing, open houses or showings!
If this option for selling your real estate sounds too good to be true – we promise, it is not! Connect with us today so we can walk you through the process of selling your home for cash on the spot–(504) 356-8000.
We’re ready when you are.
