Should you take a cash offer for your Bakersfield house?
Not always.
I’ll tell you how to sell any property for cash, some reasons to refuse a cash offer – and when you shouldn’t say no.
Selling Your House for Cash in Bakersfield
If you’re selling a property in Bakersfield to an end buyer (the person who will ultimately live in the home), chances are good it won’t be bought with cash.
Most transactions close with a bank loan, because most buyers don’t have the amount of cash just sitting in their bank account ready to buy a house.
This isn’t news.
Even most investors don’t close transactions with cash. It’s easy to let a bank share the risk, even if you have the money – most investors spread themselves too thin.
At Buyers of Bakersfield we don’t spread ourselves too thin, because our primary goal is to build stable communities around Bakersfield. It’s hard to create stability by adding more risk into a situation. This is what happened in 2008, when too many people bought more than they could afford using debt, and couldn’t make the payments on it.
In most cases, we’ll pay cash for your Bakersfield California property. This means we are only risking our own money, as opposed to risking not being able to make payments on an additional loan.
The Benefits Of An All Cash Sale Of Your House
The benefits of a cash sale are real:
- fast money
- when you need it the most
You don’t have to deal with the hassles of waiting months for a buyer to get a mortgage, only to be informed that the lender can no longer provide the program for the buyer. This is one of the most disappointing, and unfortunately most common, problems that occur in real estate transactions.
You don’t have to list your house with a real estate agent and pay a huge commission. This will often save you thousands, if not tens of thousands of dollars, depending on the value of your property.
You don’t have to deal with a lot of people just “kicking the tires” and checking out your property for fun. Yes, there are many people that will “window shop” your home, just to, “see what the neighbor’s house looks like inside,” or see what they might want in the future when they can afford a house of their own. This means that you have to take precious time out of your days to meet with people that never had any intention of actually making an offer on your property.
You don’t need to paint, make repairs, or even clean up. We take properties just as they are. You won’t waste money on junk haulers or contractors, which many traditional buyers will ask you to do before closing. Most people do not want to purchase a new home, just to get right to work on chores. They want to enjoy a fresh start on their new journey of homeownership, which means you foot the bill and the time to make it happen. At Buyers of Bakersfield, we add value to you by making those repairs ourselves and saving you the time and hassle of dealing with maintenance and remodeling that most buyers want in this buyer’s market.
You don’t need to deal with any paperwork. We have it all covered.
Working With A Reputable Bakersfield House Buyer / Investor
Always make sure that your cash buyer is reputable. At Buyers of Bakersfield, we offer great references of past sellers we’ve helped, we can show you examples of some of the latest projects we’ve worked on, and we’ll be happy to answer any questions you have so you feel comfortable. We know that while we buy houses all the time, you many not have the experience of selling multiple houses. That is why we work to be a great resource for everyone that needs to sell their house. Feel free to call and ask about our process, or even for referrals to some other great companies in town for other services that you may need.
We pride ourselves on being a strong part of the Bakersfield community. Our local mission is to help local Bakersfield California homeowners who need to sell your Bakersfield house fast do it quickly, at a price fair to you, and to help improve the beauty of neighborhoods one house at a time.
If you’re wondering about selling your house for cash in Bakersfield or just need to sell a property near Bakersfield, we can help you.
We buy properties like yours from people who need to sell fast.