Are you considering selling your Tacoma, WA home to a cash investor?
If so, there are plenty of things to consider. You’ve likely seen plenty of “we buy houses in Tacoma” ads in your mailbox or on your newsfeed. While not all of these companies are equal by any means, they all work based on the same principles.
If you’re wondering whether or not selling to a cash investor in Tacoma, WA is a good idea, continue reading to find out the pros and cons!
The Pros Of Selling Your Tacoma Home For Cash
There are tons of advantages you can take advantage of when selling to a cash investor. Here are some of the most common:
Fast Home Offers
One of the biggest advantages of selling with a cash investor is that you can sell your home quickly. You will often get an instant offer depending on the condition that the property is in. In the traditional process, getting an offer could take months, if not longer.
Even Faster Sale
Another major advantage of selling to a cash investor is the speed of the sale. It’s always nice knowing that you are about to close and you can continue on to the next step in your life. Serious cash investors can close in as little as a few days. They will get all of the insurance, title work, appraisals, and inspections done so you don’t have to.
No Repairs Necessary
The great thing about selling to a cash investor is that they will buy your home as-is. If you’re strapped for cash and can’t afford to make a ton of expensive repairs, then this model might be perfect for you!
Plus, you won’t need to spend time decluttering or staging your home for potential buyers, which can also take time and money.
The Cons of Selling Your Tacoma Home For Cash
Of course, there are a few notable disadvantages to selling your home in Tacoma for cash.
Lower Purchase Offer
A cash investor is there to buy quickly with the intent of flipping for profit. They will be responsible for any repairs and renovations, which is a risk on their part. For that reason, they won’t give you the highest offer for your home. With that said, a professional cash investor won’t lowball you either, so make sure you are comfortable with the offer before moving forward.
You Don’t Get To Choose Who Your House Is Sold To
If you feel sentimental about your home, selling to a cash investor might not be the best option, as you won’t get to have any say in what happens to it. A cash investor might have to perform a full renovation or sell to a family that you’re not too fond of. Giving up control of your home is necessary if you’re looking to sell to a cash investor.
Final Thoughts
Of course, if you’re in a desperate situation, such as foreclosure, or if you’re facing certain situations that require you to move fast, such as a new job or family member getting sick, selling to a cash investor could be extremely beneficial.
HelloPad is one of the most reputable cash home investors in Tacoma, WA. If you’re interested in how our selling process works, make sure to drop us a line!