If you’re thinking of selling your Columbus home, you might get tangled up by the multitude of options available to you. However, choosing a cash home buyer could very well be the best choice in the current market. With the economy in flux and housing demand soaring, it’s a smart decision with plenty of advantages. In this blog post, we’ll delve into the key reasons why opting for a cash home buyer over other options can make sense for you.
Discover why selling your Columbus home to a reputable and knowledgeable cash home buyer could be your best move. In this article, we will delve into the benefits of working with the right cash home buyer, backed by numbers that solidify our argument. Additionally, we will provide practical insights to help you navigate the process with confidence.
Speed of Sale
According to recent statistics, traditional home sales can take 47 days on average to close, whereas cash sales can be completed in as little as seven days.
When you consider how quickly your circumstances can change, whether it’s because of a job transfer or an unexpected life event, time becomes a crucial factor. Dealing with a cash home buyer ensures that you can move on as quickly as possible.
No Hidden Fees or Commissions
Typical of Ohio, the seller handles the real estate commission, which amounts to 5.81% of the sale fee. This means, if your home is grandly worth $199,518, with the remaining realtor commission coming in at $11,592, to cover the expenses incurred.
By choosing a cash home buyer, you avoid these fees altogether, therefore putting more money in your pocket.
Avoiding Dead Expenses
One of the common problems when selling your home traditionally is the potential build-up of dead expenses. When selling a home, you may be responsible for certain expenses during the waiting period, such as mortgage payments, property taxes, insurance, and maintenance costs.
According to latest figures, homes in Central Ohio are spending a mere 18 days on the market in September 2022, up from 14 days in 2021. Despite this increase, it is still significantly lower than the national average of 50 days on the market.
When you choose a cash home buyer, you can avoid these dead expenses as the sales process is much quicker.
Cash Offers Are More Reliable
When you choose a cash home buyer, however, the risk of the deal falling apart becomes significantly lower. Since cash home buyers don’t need to rely on mortgage lenders, the sales process becomes smoother and the risk of the deal collapsing is minimized.
## Adapting to the Current Market Trends
Columbus, Ohio’s real estate market witnessed an impressive growth of almost 9% in home values over the past year.
Given this trend, owners who have been contemplating selling their homes need to act quickly to take advantage of the favorable market conditions. By choosing a cash home buyer, you ensure that the sales process is swift and efficient, allowing you to capitalize on this prime selling period for your Columbus property.
Conclusion and Call-to-Action
Providing your property to a cash home buyer is an expedient way to take advantage of the current market trends and maximize your return for your Columbus property. Our swift and efficient home sale process ensures that you get the best possible price for your property in the shortest amount of time. Rest assured that we prioritize both speed and value, so you can sit back and enjoy a stress-free experience as you sell your home.
If you are a homeowner in Columbus considering selling your property, but worry about how long it’s gonna be on the market, Offer Express is here to help. We buy houses in Columbus, OH as-is, no matter their state of repair. Rest assured that you’ll receive a fair and competitive offer from us.
Our aim is to help you sell your home with structural damage for a fair cash price, quickly and hassle-free. Contact us today at (614)820-5777 or visit our website to learn more about how we can assist you.