One of the several reasons I chose to contact a cash property customer was to avoid negotiations.
When a property is listed with a realtor, there are all sorts of requirements and contingencies.
There are property inspections and always things that need to be fixed or updated. Once the bank is involved, there are demands that must be met before the loan can get approved. All of this provides an ideal opening for the customer to haggle over the price. Understandable, they want to pay as little as possible for the home. The process can drag on for weeks or even months. It’s stressful and discouraging. I don’t want to be told that I need to replace a roof that is in perfect laboring order. I don’t want to update the railing around my porch because the spindles are too far apart for this week’s safety codes. Who wants to sink a bunch of cash into a property they are moving out of? I was unwilling to deal with that kind of stress. My life is too hectic to schedule a bunch of meetings with realtors and potential shoppers. I don’t have the time to contact Heating and A/C, plumbing, roofing, electrical or any type of Jacksonville professionals and arrange services. For the sake of my peace of mind, I decided to eliminate negotiations and go with a cash offer on my home. I found a local Jacksonville cash property customer who provided an offer the absolutely same afternoon I submitted the contact form. I accepted instantly. There was no worry over the cash customer changing their minds, making a counter-offer or failing to secure a mortgage. The company had the resources to cover the full price of the house. The closing was quick and self-explanatory and handled in less than two weeks. I didn’t need to worry about inspections, appraisals, realtor fees or closing costs.