When you are looking to sell your house, there are several different routes that you can go down. While most people choose to sell a property ‘on the market’, this is not necessarily the best option for you – and in many cases, selling to a cash house buyer may be preferable.
There are lots of advantages to selling with a cash house buyer like We Buy Any Home. For starters, you will likely be able to complete the house sale much quicker than you would do on the market.
But exactly how quickly can a cash buyer complete? And is this a viable option for you? Read our blog below to find out the answers to these important questions.
What is a Cash House Buyer?
A cash house buyer is a company that purchases your property, up-front, for cash. Cash buyers will conduct research on your property (using tools such as HM Land Registry and RightMove Plus) to value your home, and make the best cash offer possible.
Cash buyers will typically make you an offer which is slightly below what you would receive when selling traditionally ‘on the market’ – however, the sale will be completed much quicker, and often with far fewer fees.
It is important to carry out research into any cash house buyer, to ensure that they are a reputable firm. For instance, some companies merely serve as intermediaries for other organisations, potentially tacking on additional charges for services like coordinating surveys. Some may also try to generate extra revenue by sharing your personal information with third parties.
How Fast Can A Cash Buyer complete?
The time it takes for a cash buyer to complete will vary between each organisation. Most cash buyers will outline on their website how quickly you can expect a sale to be completed.
With We Buy Any Home, we have completed many house purchases within a week, meaning that the funds for your house will be in your account in 7 days.
Advantages of a Cash House Buyer
Using a cash house buyer like We Buy Any Home comes with many significant advantages.
Firstly, your property can be sold within a timeframe of your choosing. If you want the sale to be completed within 7 days, then we are able to make this happen – but likewise, if you want it to take a bit longer (and perhaps be completed on a specific date) then we can make that happen, too.
Opting for a cash house buyer like We Buy Any Home can cut down your costs considerably. Unlike estate agents, we don’t charge commission on the sale. These financial benefits can help offset a potentially lower selling price for your property.
Thirdly, unlike estate agents, online listing services and auctions, trustworthy cash buyers like We Buy Any Home can 100% guarantee a sale on your property. This is because we are purchasing the house directly with our own funds, and are therefore not reliant on any third parties to do so.
Should I sell to a cash house buyer?
Whether you’re deciding to sell to a cash house buyer, or go down the traditional ‘on the market’ route, there’s a lot you need to take into consideration.
If you need or want to receive the funds for your house sale quickly, then a cash house buyer could be an great idea. You may rather a cash buyer to avoid property chains, and legal complications of working with a solicitor.
Alternatively, if you’re not in a hurry to sell and are financially comfortable, you might want to explore other avenues. For those who don’t mind dealing with the complexities of a property chain and legal processes, a traditional market sale could be a more suitable choice.
No matter which route you choose, you must ensure that you are selling to a reputable cash buyer, like We Buy Any Home, before completing the sale. Not all companies that claim to be a cash buyer are reliable or trustworthy – and you should conduct thorough research to ensure that you can trust the business.
Sell your property with We Buy Any Home
Fill in our enquiry form below if you are interested in getting a cash offer for your house.