The majority of homebuyers make contingent offers! This allows them to withdraw if an appraisal comes in too low.
They can also back out if their financing falls through.
They have an escape route if the home inspection reveals several problems. These contingencies slow down the selling process & add complications, however home inspections can result in frustrating negotiations & long delays, then financing contingencies are the number one reason transactions are completed! One of the several benefits of a currency home client is the significant reduction of risk! Cash home buyers don’t rely on a mortgage. They have the resources to eliminate financing & appraisal contingencies! Most currency home buyers in the Jacksonville area are open to buying properties in “as-is” condition. They don’t require an inspection from a licensed professional. Their inspection is strictly to gather information. Cash home buyers don’t haggle, demand repairs or back out because of code violations. This streamlined process provides greater certainty & a quicker turnaround, and selling a home in its up-to-date condition takes the burden off the shoulders of the homeowner. Storm harm, foundation harm, an aging roof, outdated electrical system, concerning plumbing system, termites & assorted problems aren’t going to undermine completion of the deal. Cash offers deliver fair market value without subtracting realtor fees, closing costs or any other hidden expenses. The seller walks away with the full amount… It is correct for currency sales to close in under two weeks. That’s much faster than waiting weeks or even months for a client to get financing approval. For anyone looking to walk away from a house as painlessly as possible, a currency home client is the answer.