It is the hope of every homeowner to make a profit when they sell their home. That’s something that is often talked about at length. What is less commonly talked about are the costs that a seller can incur when trying to sell a house. That’s one of the areas where selling your house to a cash buyer stands out. As it turns out, selling your house to a cash buyer can actually save you money.
No Closing Costs
Closing costs often cover things like taxes and fees in order to finalize the sale of the home. It can easily be. Buyers and sellers each typically have closing costs to pay. You would normally expect to pay around 2% of the sale price of your home in closing costs, though that may change depending on what you end up negotiating with the buyer. Either way, you’re likely to be out at least a couple thousand dollars, if not more. Not if you sell your house to Hapa Homebuyers though. We cover all closing costs so you don’t have to worry about them. That 2% is all yours.
Commissions are another expense typically paid by the seller and are paid to the agents involved. Again, it ends up being a percentage of the sale price of your home, usually about 6%. It’s typical for the seller to cover the commissions of both the buyer’s and seller’s real estate agent, so a 3% commission for each agent. Again, you’d be out thousands of dollars. That is, unless there aren’t any agents involved, which there aren’t when you sell to Hapa Homebuyers. That 6% is all yours.
No Repairs Needed
Getting a home ready to go on the market can certainly cost you a pretty penny. It’s not uncommon for homeowners to spend tens of thousands of dollars on repairs and renovations before listing it. Wouldn’t you rather keep that money for yourself? Hapa Homebuyers buys homes in all sorts of conditions. When you sell your house to us for cash, you don’t have to worry about doing any repairs, expensive or otherwise. You don’t even have to clean it if you don’t want to.
Selling your home can be expensive if you factor in things like closing costs, commissions, and the cost of repairs. The amount you’re out with those expenses is typically in the thousands, if not tens of thousands of dollars. Instead of shelling out the money for those costs or taking it out of the money you get from selling your home, sell your house to Hapa Homebuyers and take advantage of the opportunity to save that money instead.
Do you have other questions about selling your house for cash? Hapa Homebuyers has answers! Click here to see the answers to some of the most commonly asked questions.