Some parts of the home-selling process can take a long time. You never know how long it will take for a buyer to make you an offer. Once you have an offer, it can sometimes take 1-2 months, or even more, to finish closing. When it comes to closing on your home, who your buyer is can make a huge difference. Cash buyers can often close much faster than traditional buyers. But how fast is much faster?
Average: 2 Weeks
On average, cash buyers take about two weeks to close the deal on a house. That’s a lot faster than the 30-60 days it takes most traditional buyers to close. This is in large part because a true cash buyer already has the money to finance their purchase. That means they don’t have to rely on lenders for financing. Lenders are in the business of making money. Each loan they give out is meant to be an investment. As such, they’ll take the time to make sure the borrower isn’t high risk and the house is worth putting money out for. Avoiding lender involvement means fewer steps are needed to close, saving substantial time.
Not all cash buyers close in as little as two weeks. Some cash buyers don’t mind buying houses without having them inspected or appraised. That doesn’t apply to all of them though. Some will insist on inspections and appraisals to make sure what they’re spending makes sense for what they’re getting. Depending on how busy the inspectors and appraisers are, closing the deal on a home may take more time simply due to how long it takes to make those things happen.
Professional home buying companies like Hapa Homebuyers can sometimes close in less than two weeks. Depending on the situation, the closing could happen in as little as 7 days. This comes down to keeping the steps as minimal as possible. Hapa Homebuyers doesn’t require inspections or appraisals. Our simple, streamlined process means that we’re some of the best in the business when it comes to closing fast.
If you need to sell your home quickly, you don’t have time to waste waiting on a lender. Selling to a cash buyer, specifically a professional home buying company like Hapa Homebuyers, may be the perfect solution. The faster, simpler selling process makes this type of buyer ideal for anyone who needs to sell their home in a hurry.
Do you need a buyer for your Meridianville, AL house who can close fast? Look no further than Hapa Homebuyers! Click here to get started today!