There’s a multitude of reasons why someone would want to sell their homes. Some folks need to downsize because their children have moved out and there’s too much house, whereas others need larger houses because their family is growing. Some people are trying to unload an unwanted house they’ve inherited from a loved one, while others just want to move for better employment opportunities.
Regardless of the reason why you’re hoping to sell your home, if the idea of selling your home quickly is your goal, then perhaps selling your Miami home for cash is a good option.
But, before you do, there are a few things to consider.
Best Time to Sell
While the early spring and summer are deemed to be the best time to sell in Miami, but that only goes so far. You need to take into consideration who your target buyer is. If your home is in an area that’s predominately made up of retirees, consider marketing your property in late November through early January (if possible).
Of course, it’s worth noting that your real estate agent will run a comparative market analysis to best help you decide when is the best time to sell and for what price. But with that said, if you are deadset on selling your home for cash through a “We Buy Houses for Cash” company, you can bypass this entirely.
Preparation for a Sale
One of the best parts of selling a property for cash through a home buying company or a cash investor is that you may not be required to do any prep work. Do keep in mind that if you’re working with an investor or a home buying company that will buy properties in as-is condition, you won’t have to do anything.
Granted, you won’t get as much money for your property, but when time is of the essence and you need to move quickly, it’s always a good option.
Swift Closing Process
It’s important to know that if you’re selling your home for cash, the closing process is going to be quicker than your typical transaction. Usually, closing can take anywhere from 30 to 45 days from the time the offer is accepted and the keys change hands.
Cash buyers often will forego the normal contingencies, such as home inspection, appraisals, or the deal hinging on the buyer securing financing or selling their current home. Cash buyers are ready to go. And, if you’re using a home buying company, you could close in as little as 7 days!
Sometimes life throws us curve balls and our best laid plans are thrown out the window. This is particularly heartbreaking for homeowners who have to sell their homes with little notice. It’s not ideal, to be sure, but selling your home for cash can be a easy solution to an otherwise stressful situation.