You may have heard about the all cash buy policies in the real estate. For those of you who haven’t, well there is a new kind of buying procedure wherein your house, land or building is bought by cash and not subject to mortgage like in a traditional real estate sale. Now, many of you who have heard also do not have a clear idea about how exactly the system works. Does all cash buy means you will get a bag or briefcase full of cash at the closing? Well, that is not exactly the case. Then what is it?
How does it work?
When you are selling your home or building to someone who is planning on taking a mortgage you depend on third party decisions (The lender and appraisal). However, in the case of an all cash deal the completion of the deal is guaranteed by the buyer. In most cases all cash deal means the buyer is paying you with their own money and that is why there is no risk involved. As the money is their own, that is why they can pay you with full guarantee and without any kind of hassle. They are not borrowing any kind of money and thus you can be assured that your payment will be safe. Now let’s make it clear, an “All Cash Deal” does not necessarily mean that the property buyer will show up at the closing with a briefcase full of cash; money will be handed to you in certified check or corporate check.
How is it helpful?
As already pointed out it is an effective way by which you can get guaranteed payment without any kind of problem. Other than that the main advantage of this process is that you get to wrap up the deal pretty quickly. It merely takes 15 to 30 days to deal with the whole process. Also, your “selling” expenses will be cut dramatically simply because you are selling your real estate property “As Is” and there are no broker fees to pay.
It’s Quick and Efficient
This new process of all cash has changed the whole scenario of the real estate market. It has made the selling of the house quicker and efficient. Due to the facility of the all cash buyer now a day’s more and more people are interested in selling their houses, buildings land and more. That has no doubt enhanced the activity in the real estate market. In other words it can be said that an all cash buyers such as GoAllCash.com is fuelling the quick selling of houses and other real estate properties. And, if you are one among those who is willing to quick and without a hassle then visit www.GoAllCash.com or call (855)GoAllCash (855)462-5522.
