When you find yourself with a home to sell, sometimes a cash buyer is the best route. Finding a trusted cash buyer can be tricky, though, as you want to make sure you won’t waste your time.
Before you decide to sell your home for cash, be sure to understand what your home is worth and who you are working with. Our team at 4th Dimension Development has been working with sellers for years and understand how scary selling a home for cash can be. Here are some of our best tips to help you when considering selling your home.
Value of Home
First, it’s important to do your research and understand how much your house is worth. See how much the homes in your area are going for. The value of your home is determined largely on location and current state of the home. You can even use this home value estimator to help you.
If your home has a low value and you don’t want to jump through the hoops or spend the money to increase its worth, a cash buyer will be the most efficient option for you. Many cash buyers specialize in buying homes that nobody wants to invest in.
If you are looking to add some updates to the house you’re selling, make sure you know how to increase home value so you can be sure to get the best money for your house.
Check Cash Buyer Background
Do some research on your prospective buyers. Visit their website, social media pages and check Google reviews. Before you work with them, it’s important to hear what past clients have to say. If there is a lack of internet presence, that may be a red flag. Some businesses who buy homes for cash may not be very transparent or trustworthy.
Some questions to ask your cash buyer:
- Can you show me your proof of funds? You want to be sure that your prospective buyer actually has the money to buy your house. A trustworthy buyer can show you a certified bank statement or letter.
- Can you put down an earnest money deposit? This is another way to ensure that your buyer actually has the money to buy your home. An earnest money deposit is a type of security deposit that demonstrates the buyer is serious about the transaction.
- What do you do with unwanted furniture? If you have a home with furniture that you do not want, ask your buyer if they will take care of that burden for you. Some cash buyers will ensure you don’t have to lift a finger.
Sell to Trusted Cash Buyers
Now is the best time to sell your house. Due to the exploding real estate market and low-interest rates, there’s no wonder so many people are selling homes right now. If you are looking for a reputable company who will buy your house for cash quickly and efficiently in Metro Detroit, our team at 4D2 will work with you every step of the way.
Our team of professionals will conduct an inspection of your home and provide you with a cash offer as soon as the next day. We’ve been doing this for a while, so we know how to work fairly and professionally. Give us a call today at (248) 622-8244 to have all of your questions answered and begin the selling process!