Do Cash Buyers Really Purchase Homes As They Are?

Village House
  • By mytennessee_
  • 12 Jan, 2022

Homebuyers in Tennessee

If you are looking to sell your home but you do not want to spend a lot of money updating your home, you should consider selling to a cash buyer!

Consider It!

Keeping up with trends can be exhausting, especially when you are facing hundreds if not thousands of dollars worth of updating to do before putting your house on the market. Between new paint, hardwood floors, granite countertops, or refinished cabinets, refurbishing your house can become pretty pricey pretty quickly. This is an added stressor that is totally unnecessary to add on top of the stresses of selling your house in the first place! 

If the idea of selling your house sounds unappealing, then you should highly consider selling to a cash buyer! There are so many benefits, and not needing to do any updating is just one of them! While many people tend to be wary of selling for cash due to the negative preconceived notions, it is important to know that if you do your research and find a reliable buyer then there is nothing to worry about! Selling to a cash buyer is a great option for so many people and it may be a great option for you too if you choose to consider it!

Great Tennessee Cash Buyers: For all of the TN residents looking to sell, you should consider selling your property to My Tennessee Home Solutions! You will not be disappointed!

Focus Your Attention Where It Matters

There are a lot of complicated ins and outs that go along with trying to sell your house nowadays, particularly during a pandemic. You most likely do not want to take on any additional unnecessary tasks, such as remodeling or updating your current house, that will just add stress to the already complicated process. Interior design trends come and go and it can feel impossible to keep up with. It is completely understandable if you do not want to sink hundreds or even thousands of dollars into redecorating a house that you are getting ready to leave. 

If you are like so many people and you do not want to spend time and money updating the house that you just plan to sell then you should consider selling to a cash buyer such as My Tennessee Home Solutions in Nashville. By selling for cash, you can take that extra task off of your plate and focus all of your attention to the rest of the home buying and selling process.

What updates do I need to have done?

This will vary from buyer to buyer so it is important to check with whomever you choose to sell to. If you choose to sell to My Tennessee Home Solutions, however, you don’t have to worry about updating your house! We buy houses straight out of the seventies all the way up to freshly remodeled! 

If you need to sell your house quickly, you may not have time to repaint your living room, refinish the kitchen cabinets, or install new hardwoods in the dining room. By selling your house for cash, you no longer have to worry about any of these expensive projects before selling!

Will there need to be an inspection?

This will also vary from buyer to buyer, however most cash buyers do require an inspection to make sure that there is nothing fundamentally wrong with the house, such as heating, AC, the roof, or the foundation. 

Structural issues are different from cosmetic ones, and that is why an inspection is required by many cash buyers. Plans for an inspection are something that you would want to discuss with your cash buyer. Depending on the results of your inspection, you may be asked to fix certain issues with a house before they buy, or if you don’t want to worry about the fixes the cost of those repairs could be factored into the price that the buyers offer.

Do I need to have repairs done?

This all depends on what your definition of a repair is. If you are talking about something minor that doesn’t endanger the structural integrity of the house or the overall functionality of the space, then probably not. Cosmetic fixes are also not often required, although this is something that you will probably want to check with your buyer towards the start of this process. 

Repairs go hand in hand with inspections, so if you are having one done (which is required by most cash buyers) you will want to be prepared just in case anything comes up. Again, what you will be required to repair will all depend on your buyer, so it is important to touch base with them throughout the process.

How much will I get for my outdated house?

It is important to be aware that on the whole you will get less for your property if you sell to a cash buyer than you would if you were to sell it to another family in the market for a new house. You have to keep in mind that buying houses for cash is a business, and businesses need to make a profit, so you will typically get around seventy percent of your home’s value if you sell for cash. These are just things that you will want to keep in mind. 

If this sounds like a big game changer, it is also to keep in mind the money that you will be saving by not having to do any cosmetic updating, and you also do not have to pay commission for a real estate agent. There is always a give and take in scenarios like these!

Cash Buyers in Tennessee

If you are in the Nashville, Tennessee area looking to sell your home to a cash buyer then you should look into My Tennessee Home Solutions. If you want a reliable, friendly, honest, and well informed company to sell to, then you need look no further! 

My Tennessee Home Solutions understands that selling your house is a stressful process and strives to make this go as smoothly as possible for you. You do not have to worry about updating your house! It can cost you so much money that in the end it is completely unnecessary to get a good price for your house. That is why My Tennessee Home Solutions stresses so heavily that they buy houses no matter the cosmetic appearances. 

Not only does My Tennessee Home Solutions buy houses whether or not they are in style, but they also work hard to achieve open communication with their sellers so that you feel informed throughout the entire process!

In Conclusion

Ultimately it is up to you to make the best decision for you and your property, whether that be selling your house to a cash buyer or selling through a real estate agent. What is most important is that you are well informed of your options and that you feel happy and comfortable with the choice that you make! If you are in the greater Nashville area, you should highly consider looking into My Tennessee Home Solutions as your cash buyer! There are a lot of hard decisions to make when it comes to selling your house, but if you choose to work with My Tennessee Home Solutions your journey will be much smoother from start to finish!