What Is a Cash Home Buyer in Coventry, Rhode Island

A cash home buyer in Coventry, Rhode Island, is an investor, wholesaler, or local buyer who pays cash for houses as-is. The buyer can be an individual or a team of buyers that work together to help you sell your house fast. Keep in mind that a cash home buyer is not a real estate agent or broker. Instead, the company buys your house as-is for cash.

For this reason, a cash home sale is a private transaction between you and the seller. You do not have to fix the house, hire a real estate agent, list the property on the market, or show it to multiple potential buyers. There are no closing costs or realtor commissions. You save thousands of dollars in selling expenses to sell your home for cash at a fair price.

How Does a Cash Home Buyer Purchase a Home?

One of the benefits of a cash home sale is that you eliminate many of the steps you have to take to sell a house in Coventry, Rhode Island. The process is simple and involves three main steps.

1. Meet with the Buyer

It’s important to find the right buyer to purchase your home. So, the first step is to meet with the buyer via phone call, video call, or in-person visit. You ask questions about their business and what they have to offer and they ask you questions about your home. The buyer may schedule a quick walkthrough of the house.

2. Get a Fair Cash Offer

If the buyer likes the property and wants to move forward with the purchase, they will submit a cash offer for your house. You don’t have to wait long for the offer – 24 to 48 hours is typical. The offer is based on your property’s current market value.

3. Close the Sale

If you accept the offer, the final step is to negotiate the terms of the sale, sign the paperwork, and get paid. The buyer will often pay up to 100% of the closing costs, leaving you with little to no home-selling expenses. You walk away from your home with no strings attached.

How Is a Cash Home Sale Different from a Traditional Home Sale?

There are three main ways a cash home sale differs from a traditional home sale.

1. You Don’t Prepare Your House for a Sale

A traditional home sale doesn’t truly begin until you make home repairs and upgrades and stage the house to compete in the market. It’s at that point that you can put the ‘For Sale’ sign in the yard. Preparing your home for sale can be time-consuming and expensive. A cash home sale allows you to sell your house as-is. You make no repairs or upgrades and you don’t have to show your house to multiple buyers.

2. Sell Your House to a Pre-Qualified, Committed Buyer

In a traditional house sale, you may receive several offers for your house. However, many potential buyers do not qualify for a home or loan. Other buyers may back out at the last minute. When you sell your house directly to a company that buys house in Rhode Island,

3. Sell Your House When and How You Want

Like many home sellers, your situation may be unique and requires the fastest and simplest approach to selling your house. A cash home sale allows you to sell your house when you want and close in as little as one to three weeks. You can also sell your house for any reason: bankruptcy, foreclosure, divorce, probate, relocation, new job, military, damaged house, or old house.

Sell Your House As-Is for Cash to Prime Real Estate Investments

If you need to sell your house fast in Coventry, Rhode Island, we can help. At Prime Real Estate Investments, we buy houses as-is and pay cash. Regardless of your situation or the condition of your house, we can assess your home’s value and make an offer right now. Contact us today to learn more about the benefits of a cash home sale. Call 401-256-2667 to get a fast cash offer.