People talk a lot about getting the most money possible when selling their homes. When it comes to making a profit, however, the price you sell your house for is only half of the equation. The other half is the total value of the costs you pay out throughout the selling process. The more money you’re able to save, the less your costs will eat into your profits. Did you know that you could end up saving more money by selling your home to a cash buyer?
Time Is Money
The phrase, “time is money” is a popular one in business. It applies to selling your home as well. The more quickly you sell your home, the less you have to pay for utilities, insurance, maintenance, and repairs. That money can instead be put towards the costs associated with your new home. When it comes to selling your home quickly, it’s hard to beat selling to a cash buyer. A lot of what takes so long about the closing process is because of all the steps involved when there’s a lender. When there’s no lender, everything happens much more quickly.
Commissions and closing costs have a way of eating into the profits you could get from selling your house. Commissions and closing costs are often percentage based, and can add up to close to 10% of the sale price of the house. That’s thousands of dollars you’re out, if not tens of thousands. That is, unless you sell your home to a cash buyer. Cash home buying companies like WNY Homebuyers cover your closing costs. Since there’s no agents involved in the transaction, there’s no need to pay commissions either.
Only Pay for One House
Houses are expensive. Paying for a new house at the same time as you’re paying for your old one while you’re waiting for it to sell is tough. If you need to sell your home fast so you can avoid having to do that, contact WNY Homebuyers. We have helped homeowners in all sorts of situations sell their homes quickly without wasting time.
As it turns out, if your goal is to reduce the costs you pay when selling your house, choosing to sell to a cash buyer could end up being the best way to go. You can save time (which saves money), avoid a lot of the fees associated with selling your house, and ensure that you only have to pay for one house at a time. As an added bonus, you don’t have to worry about spending money on cleaning and repairs either. If you want to save money, you should seriously consider selling your home to a cash buyer.
Want to learn more? Click here to learn about how WNY Homebuyers buys houses today!