The real estate property investment market in Palm Beach County Florida has many opportunities. From interest rate and financial regulations to an economic future that seems very uncertain, home buyers and sellers have a lot of questions and are unsure how to proceed.
The all-cash strategy is a smart strategy that many buyers and sellers are pursuing.
Why Cash is King For Property Sellers
Selling your house through the traditional methods (listing with an agent for a market price) can pose a number of challenges:
First, they have to use up a lot of their own time and money to make their property sale-ready. Many home-sellers do this but a lot of them also lack the time, money and skill to make the necessary changes to their property. So a cash offer, although sometimes slightly lower than a market offer, can relieve the burden for the home-seller.
Second, houses sold at market prices are usually bough by those who can get a mortgage. This, however, can take or weeks. The seller has to wait for an indefinite time period as they wait for the buyer to get the mortgage from the financial institution. But selling for cash is a quick and simple process. Those who are serious about buying will have the cash ready with a few days maximum or even a couple of hours.
Third, you can’t always depend on financial institutions to grant the mortgages that homebuyers think they’ll grant. When homebuyers don’t get the financing they need, deal can fall though pretty quickly. But with cash, home sellers don’t have to wait around for financing.
Cash means a quick and clean purchase. This is why many home sellers love cash deals. They save time and money and sell their house quickly.
If you also want to sell your home and are considering a cash deal, just fill out the form to get started.
Why Cash is King for Buyers in This Property Investment Market in Palm Beach County
Home buyers love cash deals too!
Why, you ask?
First, home buyer can buy properties below the market price of the value provided to the seller of a fast property sale (often “as-is”). Cash deals are quick which assures the seller that the property does not need to go through changes.
Second, cash deals are quick and there is no waiting. Sellers will get their property off their hands quickly and buyers won’t have to wait around for mortgagees.
Third, cash is cost-free. Buying a house with a mortgage, interest payments have to be made – often thousands of dollars more than the original value of the home. But with cash deals, you just have to pay for the house – not a penny more.
Want to learn more about selling or buying with cash? Just fill out this form or give us a call at (561) 370-8335 and we’ll be happy to talk you through the info you need.