Sold everywhere:

Get a free estimate of your home’s current value

Reach 98% of all active buyers...

Logo
Logo
Logo
Logo
Logo
Logo

Are Cash House Buyers Any Good?

Genuine cash house buyers are a very good option if you want to sell your house quickly. They can make you a formal offer within 1-2 days, and buy your home within 2-3 weeks. However, because they pay a reduced price for your home they aren’t right for everyone.

Benefits of Working With A Cash House Buyers

Selling to a cash buyer is much quicker than selling through an estate agent or by auction. You can sell to a cash house buyer in 2-3 weeks, but the timeframes are totally flexible. This means you can set the completion date to suit your plans.

One of the key selling points of cash house buyers is that they’ll buy any house. It means they will make you an offer regardless of the property’s condition, or how severe any issues are. You can even sell a house with subsidence to them. 

Housing chains delay sales and increase the likelihood of your sale falling through. House-buying companies are chain-free though, meaning your sale will be much quicker and more straightforward.

Also, buying a house outright means you don’t need to worry about making your monthly repayments. So even if you lose your job you will have the security of knowing you own your own home.

When you take out a mortgage your lender will charge interest on the money you’re borrowing. But when you’re a cash buyer this doesn’t apply. Although using your savings to pay for the house means you won’t be earning interest on them.

Why Sell with Sold?

  • Free Cash Offer
  • No Hidden Fees
  • Sell In Your Own Timeframe

How Does A Cash House Buyer Calculate The Value Of Your Home?

When you’re selling your home, you always want to make sure that you’re getting a good deal that reflects the value of your home. Traditional buyers might not always be very accurate with their offers, as they’re trying to save money. Luckily, cash buyers are accurate and transparent in the calculation of their cash offers.

Your Home’s Location

First, a cash buyer will consider your home’s location. If your home is located in a desirable location with lots of schools, parks and grocery stores, it will be very valuable and will get a buyer sooner. If your home is located in an area that was previously quite rural but is now being developed, it will also be worth a lot more than you might expect. Your cash buyer will always consider your home’s location when they’re calculating your cash offer.

Your Home’s Size

Your buyer will want to learn about your home’s size to help their calculation processes. They might ask what your home’s square footage is, how many rooms it has, or what the size of your entire property is. This information can help them to determine how much your home is worth.

Your Home’s Condition

Your cash buyer will also take into consideration the condition of your home when they’re calculating your cash offer. They might want to visit your home or view photos of it to get a better idea of its condition. Cash buyers usually buy any house, no matter what condition it may be in. While your home’s condition will be taken into consideration, your cash buyer will see beyond property damages when it comes to the true value of your home.

Get SOLD Today

Please enter your details below and a member of our team will be in touch to discuss a free valuation for your home.

"*" indicates required fields

Hidden

Section Break

Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden
Hidden

Section Break

This field is for validation purposes and should be left unchanged.

By submitting your details, you agree that we may keep this information safely. Our Privacy Policy has further details