Calgary is considered one of the most livable cities in North America. Thanks to its geography, corporate houses, and metropolitan amenities, it is an excellent place to live. If you have lived here for some time and have to shift to a different city for career prospects, you may need to sell your house in Calgary.
But, not many people will buy a house in Calgary, so you may have to reach out to real estate brokers. However, buying a house is a pretty expensive affair for a vast majority of people, and since they have to go through banks, it could take a lot of time.
There are also other risks. For example, the buyer may change their mind, or their loan application may get rejected, etc., which will inconvenience you and delay the sale further.
Did you know that a majority of the city’s economy comprises the oil and gas industry? Thanks to the booming oil prices till 2009, the city was growing very fast.
In 2020, Covid struck, and Calgary is currently witnessing a depression in housing due to low oil prices during the pandemic. In the present state, buying a new house may be challenging for many.
Given the circumstances, you may consider selling your house to cash buyers. They will assess your home and decide on a market price cash offer. To know the benefits of contacting them, read this article.
- You get quick money
A big attraction to sell your house to cash buyers is the speed at which you can close the deal. Once the buyers get the appraisals, insurance, and inspections done, they can complete the deal within a few days, meaning you get the full amount due to you in less than a week.
- The money will be entirely yours
Selling your house to cash buyers means you do not have to hire a real estate agent and pay him a commission. Additionally, you can waive the closing costs.
Also, you only have to pay any money you owe to your bank or mortgage company once you receive the amount. The rest of the money is entirely yours.
- No staging or cleaning required
Cash buyers are generally real estate investors who buy houses in any condition, fix them up and flip them for profits. So, you don’t have to clean your house or stage it to look attractive when selling to cash buyers.
They also do not ask you to paint the house or fix the plumbing before leaving. The transaction is totally effortless, and you get the money when you need it
- Lower chances of last-minute backout
Real estate investors, unlike regular buyers, do not change their minds once they confirm the specifics of the deal with you.
Further, there’s also the possibility of your buyer’s loan application being rejected by their mortgage lender or bank, which means you have to go back to the market to look for another buyer.
With cash buyers, this is a rare thing. They will buy your home no matter its condition and will pay you direct cash for it. So, you do not have to wait for weeks or months for the buyer’s loan to get approved.
Selling your home to a cash buyer comes with numerous benefits. So, if you are asking yourself “how to sell my house fast?”, remember that people are ready for a full-cash deal, no matter what condition it is in.