Five Benefits of Accepting Cash for Your Home

by | Feb 17, 2021 | Real Estate

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You’ve been trying to sell your home for the past six months, but other than a few nibbles, you’ve been unable to. Then one day you see a Sell House Quickly Chicago ILsign on the corner of your street. Is it legit? The answer is yes, but you’ll want to research any company that offers such deals. And once you’ve done that and decided it might be for you, here are some advantages you’ll enjoy.

Quick Sale
When you see a Sell My House Fast Chicago IL ad, it usually means you can close within the next week or 10 days. And you may even get an offer within the first 24 hours. This can be quite a relief if you’ve been struggling to sell your home.

Money Upfront
The objective of any cash deal is to pay less than you would with just a down payment. The same thing would happen if you won the lottery and accepted the cash option. You’d receive less than if you were paid over a lifetime. Whatever the case, this is cash that you can use for any purpose.

No Appraisal
The average appraisal today can cost you $300 or $400, according to Angie’s List, and that’s contingent upon where you live. With a Sell My House Fast Chicago IL transaction, an appraisal is not necessary. The cash homebuyer will already know the market value of your home before you meet.

Forgo Commissions
If you sell your house for cash, you don’t have to pay commissions to a real estate agent. This can amount to $6,000 or more for a $200,000 home.

No Obligation
You can meet with a representative about a Sell My House Fast Chicago IL deal without being obligated to sell. That way you can get all the facts first.

Contact I Buy IL for more information.