Selling a condo for cash is becoming more and more common, but there are plenty of situations where homeowners need to sell their household swiftly and without hassle… From probate, divorce and job loss to foreclosure, bankruptcy and inherited homes, cash condo buyers give a straightforward and swift solution.
Marketing a household via traditional methods includes hurdles such as appraisals and condo inspection, but if the appraisal delivers a lower value for the condo than anticipated, the potential client will struggle to secure financing, and deals commonly fall through because the client fails to manage a bank mortgage.
If the condo inspection turns up problems with the roof, Heating in addition to Air Conditioning, plumbing, electric, foundation or any essential components, the bank will demand repairs be made prior to providing the loan. The cost of these repairs and replaces officially come right off the sale price and are a loss for the seller. For anyone looking to avoid a giant investment into a condo they are planning to sell, a cash condo client simplifies the challenge by accepting properties in as-is condition. It doesn’t matter if the water heater leaks, the septic is full, the drains are slow or the electrical panel won’t pass code. In the areas surrounding Dallas and Ft Worth, TX, it’s possible to access a cash offer within twenty-four hours, once the offer is accepted, the homeowner can choose the closing date; Because the cash client has the resources to cover the price of the home, there is none of the delays or risk of finding lending. This expedites the many steps and officially leads to a closing in under ten afternoons.