Should I Sell Fast Because the Market is Crashing?

One of the most common reasons we see homeowners selling fast for all cash offers in San Diego is because their home is in need of major repairs. Often times, these repairs include large home improvements items such as roofing, foundation, structural, electrical and plumbing issues and the homeowners either simply can’t afford the repairs or doesn’t want to pay for them. 

If your home needs major updating primarily in the kitchens and bathrooms and you aren’t interested in hiring a contractor, paying for the renovations, and trying to decide and design what new buyers will want then looking at an all cash offer for a fast sale might make sense. 

When someone passes away often times we see these home sell fast all cash to investors. Selling a home through probate in San Diego is already a lengthy process and using a cash offer that can close in as little as 7 days with no contingencies can help speed up the process. The home are usually dilapidated and the heirs are uninterested in keeping the home or trying to update it just to later down the line sell it. 

Going through a divorce is stressful and challenging so many couples opt for an off market more confidential method for selling. This usually involved a fast cash offer where the home is sold before it ever comes to the MLS. 

A job offer could be waiting in another state, or another pertinent deadlines fast approaching that simply requires the home to be sold in a fast and timely manner. Maybe you are planning on traveling out of the country or you have other bills or debt that you are relying on the cash for and a quick close of escrow. Selling cash if often the fastest way to close escrow because you typically don’t have a lender slowing down the process. 

One of the most common reasons buyers fall out of escrow is contingencies and financing. Accepting an all cash offer in San Diego allows sellers to move forward with the peace-of-mind in knowing their home is going to close successfully.