Process of Selling Your House To a Cash Buyer

Real Estate Advice
selling a house to a cash home buyer

A cash buyer is not some multi-millionaire driving up to your open house with duffel bags stuffed with enough thousand dollar bills to pay your asking price. Sure, this scene might happen in the movies, but in reality, the cash buyer is a lot less glamorous–but not less valuable. If you’ve recently ask yourself “how do i sell my house as is fast” and get taken advantage of? You are in the right place, keep reading. One of the biggest positives of a cash house buyer is the lack of need for them to secure a mortgage, which saves you, the seller, a ton of time and a lot of money. Not duffel bags stuffed full of bills money, but enough to make a cash buyer attractive. If you have someone wanting to pay all-cash for your home, here’s a thorough look at what you’ll be facing when selling a house to a cash home buyer.

Thoroughly review the offer.

Is the offer too low? Maybe it’s ridiculously high? Both situations demand scrutiny. Your first step is to determine the value of your home using comps (recent prices of similar homes sold in your area) to see about where your house should be priced. If the cash offer is tens of thousands of dollars below this amount, you should definitely renegotiate the deal. The buyers may be trying to take advantage of you by waving this attractive cash offer in front of you. A cash home buyer coming in under your asking price is reasonable, since you will be saving some time and money by not having to deal with a mortgage loan. But if it’s too low, be wary.

If the cash buyer offers you tens of thousands over asking price, this should raise some eyebrows, too. Then again, if the housing market is ridiculously hot and inventory is incredibly low, there is a chance you will get multiple cash offers well above your asking price. Either way, be sure the buyer isn’t going to make this grandiose offer now then pull it back with demands for huge expensive repairs and upgrades. In the end, the gigantic offer might become a low-balling nightmare.


Seal The Deal With Disclosures And Reports.

There’s nothing more exhilarating than selling your house for a great deal, especially for cash. But even after the deal is almost done, there’s still more work to be done. If you’re happy with the purchase price, deposit amount and the date of closing for the sale, it’s time to submit your disclosure report.

A seller’s disclosure report will determine any safety issues that might be prevalent for the new owners to live in the house. Most likely, there won’t be anything in that disclosure that makes or breaks the contract, but it’s always better to NOT try to hide things, no matter how small. If the buyer finds out you didn’t mention that there’s a small termite infestation in the attic, they might get leery and pull out of the deal. I mean, what else could you be hiding?


Accept The Offer And Sign on The Dotted Line.

Congratulations! You’ve almost completed the cash sale of your house. The next step will be to meet at a title company (or escrow office or even with a real estate attorney) to sign all the documents to complete the sale. These documents will be items like the deed, settlement statement and disclosures about the property. By now, your title should be clear and the sale should be able to move forward without any hitches.


Finally, here are some advantages of dealing with a cash buyer:

  • Less paperwork – There’s no loan docs to sign!
  • Less stress – Solid offers mean less chance the sale falls through!
  • Quicker sale process – No lender means quicker turn-around!

Selling a house to a cash home buyer is one of the better ways to move your property as long as you know the ins and outs described above. With the amount of cash buyers increasing and the fact that over 75% of sellers are willing to accept up to 10% less for their homes, now you know that you’ll be the one with the advantage.

Should I Sell My Home Now or Wait?

Real Estate Advice

Have you been wondering should you sell your house now or wait it out? There are various situations to consider when it comes to the sale of your home that could lead to bad consequences. Consider the ones we mention here.

  • The truth is that if you decide to sell your house when it is not the right time, there could be really bad consequences that ensue from your rash decision.
  • On the other hand, if you decide to keep strong grips on your home for a period of time that is too long if you are experiencing financial hardships, this could result in your home going into foreclosure or a short sale.
  • If you have a sense of fear when sales in the market are low and try to push the sale of your home, you could miss out on getting a higher price for your home when the market may experience an upswing in the near future.
  • If you long to remain in your home because of clinging to cherished memories, but you have no plans or ability to keep up with the maintenance, then the value of your home will greatly deteriorate. Your home will provide a low sum when you do decide to sell your home.

You should certainly consider the signs if it is the right decision to sell your home, even if your gut instinct is telling you not to sell. Also, consideration should be given to whether you should keep your home. You need to consider your long-term goals, where you want to live next, and whether you can manage your current mortgage payments. These are factors that will influence your decision.

You should sell your home in the following situations.

1) There has been a fortified price growth for homes in your particular region over a period of many years, with the market being highly in favor of those selling homes.

This is similar to the stock market. You should buy a home for as low a price as possible and then sell it for as much as possible in order to achieve the most optimal profits possible.

2) The sale is in alignment with trends for the local season as well as the behavior of buyers for homes selling in your region.

The truth is that you can increase the success of the sale of your home when you take clues that are provided in data regarding real estate transactions. This can allow you to increase the profits for the sale of our home and can result in reducing the number of weeks that your home is on the market. That means you can have cash in your hand faster.

3) When you are having a hard time paying your mortgage, you need to sell your home.

If you just are having a hard time paying your mortgage and then are left with not enough money for food and other necessities, then it is time to sell your home no matter what. It is never wise to have a mortgage payment suck away all your finances, so that you cannot even have the basic necessities of life– no matter how beautiful your home is and no matter how much you love your home.

You should consider keeping your home in these situations.

1) If the sales of homes are down, then this could mean you get a low sum for your home.

When the market for homes is not doing well, it will take a lot more effort as well as time to achieve the sale of your home. This will also result in the decrease of the profits that you could otherwise make when the market is doing well. Therefore, it would be in your best interest to keep your home in order to sell it for a higher price when the housing market improves.

2) You should consider keeping your home for a while longer if there has not been a good build up of equity in the home at the present time.

Just as there is the conducting of an evaluation of the equity of a home when someone is considering engaging in a trade up, so someone should not decide to make a move to sell their home if the home is considered as not having a good build up of equity. In such cases that you happen to owe more money than the value of your property, then it is definitely not the right time to sell your home. Indeed, you should wait. If you need to move out of your home to relocate somewhere, then a great option would be to rent out your home, so that you do not sustain a financial loss in this case.

No time is better than the present time to sell your house. Consider selling it to an experience group of investors that buy houses for cash in your area.

Can I Sell My House If I’m Behind on My Mortgage?

Real Estate Advice


Paying a mortgage can get hard at times. What if you fall behind on your payments? Well, don’t worry you have 120 days, to either pay or sell your home. After these 120 days, your lender can legally reclaim your home and sell it. This means you will need to leave. If you were to just miss one payment you could receive a foreclosure notice in the mail. Going through a foreclosure can impact you in many ways.

For example,

  • Drop your credit score by as much as 300 points or more.
  • Make it hard to get a credit card.
  • Hard to get an auto loan.
  • Hard to get a cellphone plan.
  • Most importantly, makes it hard to get another mortgage.

All those things can take years to re-obtain and rebuild your credit score.


If you wanted to sell your home, that is still an option. However, you have until the day the foreclosure takes place to sell on your own. Before you do that though you need to check if your home is worth more or less than what you owe on your mortgage. Being worth more would be the best, you can then sell your home and use the profits to pay back your lender. If your home is not worth more than you owe then you have the option for a short sale. Which is selling your home for very low knowing you will fall short of what you owe. Going through a short sale, your real estate agent can help you negotiate terms with the bank regarding repair costs, transfers, and, fees. Going through a short sale will do less damage to your credit score compared to a foreclosure. Another benefit to doing a short sale is you get to stay in the home until the sale is complete, unlike a foreclosure.


There are other options you could do if you do not want to go through selling your home.

  • Mortgage forbearance.
  • Loan modification.

These are two things you might be able to work out with your lender and get back on track. First, let’s talk about the first option.


You can consider this as a break from making payments. If you lost your job or any emergencies come up in your life this could be your best option. Unlike a foreclosure and short sale, this does not impact your credit score at all. Now let’s look at your second option.


This is a negotiation with your lender about your payments. You can skip a few payments but your lender will add on those payments later on to your loan. This could be helpful if you are going through something and need money to pay another important thing.


So, can I sell my home if I’m behind on my mortgage? The answer is yes you can. Either hire a local real estate agent to help you negotiate terms with your bank or, qualify for one of the other options.

One of the fastest ways to sell your home if you have fallen behind on your house mortgage payments to a cash home buyer in your area. These cash buyers typical can buy the property quickly even if you are behind on your mortgage payments.

Can I Sell My Home if It Is Already In Foreclosure?

Real Estate Advice

Are you facing the possibility of foreclosure? Do you know your options? You can still sell your house. You may sell your house up to the moment of the bank auction or trustee sale. Here’s what you need to know.

Pending Foreclosure


When you first realize that you are facing financial hardship and are not able to meet your mortgage obligations, talk to your lender about your options. It is in the lender’s best interest to work with you and come up with a solution before your house goes into foreclosure. Here are some of the options you have:

  • Refinance – Your lender might be willing to rework your financial package to lower your mortgage payments.
  • Mortgage forbearance – In forbearance the lender pauses or suspends your monthly payments for a set amount of time. The challenge with forbearance is that you must pay back all the missed payments at the end of the forbearance period.
  • Sell your home for the amount due on the mortgage, or more. This is the best option for both you and the lender. The lender receives his payment and you don’t go through the foreclosure process.
  • Consider a short sale. If the value of your house has decreased and is now worth less than you owe, your lender might consider a short sale. The house sells for a below-market price. The lender receives those funds and your obligation for the mortgage ends.
  • An actual foreclosure is the lender’s last resort. The lender does not want to deal with the expense and hassle of foreclosure. He would rather work with you to find another solution.


Did you receive notice that you are in default on your mortgage payments? You can still list and sell your house before the foreclosure sale. Selling your home gives you the cash to pay off your mortgage obligations. Work with a real estate agent and get your house on the market. Price it to sell soon! Consider pricing your home slightly below market value to sell it more quickly.


Has the value of your house decreased significantly? Is it now worth less than the remaining balance on your mortgage? Are you behind on your payments and facing significant financial hardship? Your lender might be willing to work with you on a short sale. In a short sale, the lender agrees to accept payment of less than the amount you still owe, Your house is sold and the lender receives all the profits.

Remember, the house is yours to sell until the moment of the foreclosure auction. You can sell any time before the final foreclosure. Usually, you have several months between your first default notice and that final auction. Use that time to sell your home. Once final foreclosure takes place the home no longer belongs to you. Work with a licensed real estate agent and get that home on the market!

You can absolutely sell your house quickly in Denver, Colorado before a pending foreclosure by selling it to a reputable cash home buyers in Denver. It’s not uncommon to complete the a cash sale days before the schedule foreclosure sale.

How To Price Your Home To Sell Faster in Any Market

Real Estate Advice

The following 10 tips are helpful in setting you up to sell your house fast:

  1. Consider selling the house “as is” for cash

The fastest way how to price your house to sell fast is to sell it for cash as is; however, that probably will not be the highest price you could receive. There are several we buy houses companies in Atlanta Georgia willing to buy houses for cash as is. The main pro is that you don’t have to make house repairs at all. If you are wanting to make a profit, it would be better to find a real estate agent and list the house for sale.

  1. Find the most qualified agent in your area to sell your home

We are not suggesting you sell your home for several reasons. Selling your home will take time to answer questions to potential buyers, time to make sure they are pre-qualified with a bank, time to find out and answer financial questions and to set up appointments and show your home. Those tasks are better suited to a licensed real estate agent.

You want a top-notch real estate agent standing beside you when you sell your home, especially if you want your home to sell fast. Ask for referrals from friends and family and then interview at least 3 of the agents. Have each one run a Current Market Analysis (CMA) with your home in it. The CMA will show what homes in the area have been selling for; with that information, you can determine what the best sales price for your home should be.

  1. What rate do you pay the realtor?

Realtors request a specific fee to sell a house for you. To get your home to sell fast, you probably shouldn’t try to negotiate that down. They will be working hard for their money. They will only be letting qualified home buyers see your home, and they will be making sure that potential buyers are accompanied while walking through your home, they will be making all the appointments, answering the buyer’s questions, and they will touch base with you whenever it is necessary.

You might even want to include a bonus to the buyers’ agent for buying the house, i.e., $2,000. It will get the buying agents from all areas to want to show your home before others. It is a huge draw for buyers agents.

  1. Declutter the house

Clutter in a home distracts the buyer from looking at the house. The best thing to do is to pack up as many of your personal belongings as you can and move them to a storage facility. Also, know that people are going to look in your closets, so straighten them up. Organize shelves and linens.

  1. Hire a professional stager

After you have de-cluttered your home, call in a professional stager to stage your home. It may mean putting more of your belongings in storage, but it will be worth it. They are not emotionally attached to items and they can bring the best things forward to accent the rooms so that the beauty in the house stands out.

  1. Get rid of pet smells

We love our pets, but the rest of the world doesn’t. Nothing is as offensive to a buyer as smelling a pet when they walk in the door. Take the time and spend the money to deodorize your home from pet smells. Clean carpets, wash drapes and curtains, open windows to air the house out, simmer potpourri or place deodorizers around the house. Ask your agent, they will be honest with you.

  1. Make the most you can for your home

Look at your property with an objective eye. If there are distractions, like automobiles, wood. trash, or other objects lying around, take the time to clean the area(s) up. If it means hiring someone to come in and do the job, it is worth it. You want your buyer to think you’re on your way out and that they can move in quickly without much to do.

If you know something needs to be fixed, fix it, or be prepared to negotiate it when an offer comes in. The more repair-free your home is, the less negotiation you will probably have to do. There are debates as to whether a buyer wants to have something to negotiate on when buying a house or if they are happy to just offer the asking price for a move-in ready home. Ideally, you will price it so that a bidding war will take place, but that suggests that minimum repairs are needed.

  1. What is your bottom dollar in this buyer’s market?

Think about what you absolutely have to have from the sale of your home. Discuss it with your lender. Only you know what you need to have to go into the next home when you leave this one. If it is appropriate, share the number with the real estate agent.

  1. What time of year is the best time to show your house?

We are heading into summer and it’s a great time to be selling a home. But is it the best time for your property to be sold? This really goes back to how good your property looks. Does your property show well in the spring and summer because you have flowers in the yard? Would fall be better because you have deciduous trees that have leaves that turn beautiful colors? Or would it be best if everything were laying under a layer of snow? If it isn’t summer, should you wait until another season to sell your house?

  1. Do you live in a desirable neighborhood?

The neighborhood you live in is an important feature for any home. If yours is a great one, be sure you advertise that feature in flyers and brochures. It’s especially important to couples with children that are looking for a home.

In conclusion, implementing the 10 tips discuss in this article will allow you to sell you house in no time. However, the fastest way to get your Atlanta property sold and cash in your hands is to sell to a local house buyer. Most home buyers and companies that buy houses cash usually can get it done in a matter of days and often time pay all of your closing costs. Companies like Atlanta, GA fast home offers to pay all of the seller’s closing costs when they buy your property.