The moment you have accepted to sell your house for cash, you can be sure that it will take about one week for you to have your money. Any a time you get into a divorce process, bankruptcy, foreclosure or even relocation, a cash home buyer can be a lifesaver. On the other hand, you would have that old house you inherited and hence feel that repairing it before the sale would cost you so much. The house may be smaller than your current house and hence the feeling that it is not the best option to repair the house with the intention of living in it. It is normal for one to have a house sale as the only wise and profitable option. In an instance where you have an unoccupied house stay longer without selling it, there are chances that it will demand more repairs and hence reduce its net worth in the long run.
You tend to be exposed to so many shortcomings the moment you opt to sell your house the conventional method. You would not need to have a buyer after many days of search only to lose him or her the last minute because he or she cannot qualify for a loan. It is also good to note that there are no chances of an investor backing out after you initiate the sales of a home. When it comes to time gap involved in the traditional house sale and the cash house sale, the latter tends to take a concise period and hence the best whenever you need cash within a short time.
Since most of the cash sales tend to involve buying the house as is, you would not need to worry having to acquire a loan first to repair the house in question. It is the responsibility of the investor to repair the house before selling it which he or she tends to evaluate the possible cost the moment he or she comes for inspection. One also tend to avoid instances where he or she has to argue over the quality of repairs as he or she leaves that responsibility with the investor who buys the home for cash.
There tend to be no middlemen whenever one is selling a home for cash and hence the net sale tend to be very close to the market value even when one sells his or her home within a very short duration. The cash investors tend to process the paper work for you without having to charge you and hence cut the cost you would have spent on a real estate agent or traveling to and fro trying to have the paper work done.