Top 7 Questions to Ask a Cash Home Buyer in Las Vegas
If you’re thinking about selling your Las Vegas home, you may be wondering if a cash home buyer is the right option for you. Cash home buyers offer a number of advantages, including a quick closing, no commissions and no need for financing. However, it’s important to do your research and ask the right questions before making a decision.
Any reputable real estate investor will provide you with a free, no obligation cash offer on your property. They will also give you time to make a decision. At We Buy Any Vegas House, we want our home sellers to make an informed decision that’s right for them. This is why we’re always happy to meet with potential sellers, answer their questions and give them a fair offer.
Here are the top questions we recommend asking cash home buyers in Las Vegas.
- What is your offer price?
The main reason why you’re meeting with a cash home buyer is to get an offer on your property and potentially move forward with a sale. So it would only make sense that the first question you would ask is, “What is your cash offer?”
Local, reputable real estate investors will be knowledgeable about your area and what other properties are selling for. They will make you a fair cash offer on your property based on its condition, location and other factors. If you feel that the offer isn’t fair, you can ask how they determined the numbers.
- What are your closing costs?
If you move forward with the sale, you’ll need to close just like you would on any property. Average closing costs in Las Vegas are between 2 and 5 percent of your home’s sale price. This can add up to a lot! The good news is that most cash home buyers don’t charge closing costs, which can save you a significant amount of money.
- How quickly can you close?
Cash home buyers in Las Vegas can often close on a house much faster than traditional buyers, which is a major advantage if you want to sell quickly. Typically, it takes about 30 to 45 days to close once an offer is accepted. At We Buy Any Vegas House, we’re usually able to close in just two weeks or less.
- Do I have to make any repairs?
Another huge advantage to selling your Las Vegas house for cash is that you don’t have to make any repairs or improvements. Cash buyers typically buy homes in as-is condition, as they plan to make renovations and then either sell or rent out the home. Therefore, holes in the doors, stains on the carpet and even mold are generally not a concern.
- Are there any contingencies to be aware of?
A cash home buyer has far less contingencies than a traditional buyer – if any. They don’t have a financing contingency because they are using their own money, and they don’t have another property to sell. Also, since they are buying your home as-is, they probably won’t ask for an inspection. This gives you peace of mind that your sale is likely to go through.
- When do I have to move out?
Even though cash buyers can typically close in a couple of weeks or less, they’re still flexible with the closing timeline. They’re not moving in right away, so they’re often willing to wait a little longer, if you need it. And, you may even be able to take what you want and leave the rest, so ask about this as well.
- When will I receive my money?
You should receive your money in the form of a cashier’s check or wire transfer after the closing. How long this will take depends on how long it takes for the money to go from the distributor to your bank. Wire transfers are typically faster, in about 24 to 48 hours, while a cashier’s check may take up to 10 days.
Sell Your Las Vegas home Fast For Cash
These are some of the best questions to ask a cash home buyer when you’re thinking you need to sell my house fast Las Vegas. For a free cash offer on your Las Vegas property, contact We Buy Any Vegas House today.