Now that the coronavirus is taking a toll on our economy, many people wonder how it will affect the housing market. Zillow recently conducted a review on how past pandemics affected home sales. They found that while some house sales dropped significantly during an outbreak, others stayed largely the same. For the most part, pandemics put the housing market on freeze.
While this information is somewhat reassuring, what if time isn’t on your side? If you need to sell a property right now and don’t have time to wait until the pandemic is over, a better option may be to sell your home for fast cash in Las Vegas.
What Does It Mean to Sell My House for Cash in Las Vegas?
When you sell your home for cash, no realtor is involved. A cash home buyer looks at your home, makes an offer and purchases the property for cash. Because they have the capital to do this, no financing is necessary. This eliminates the need for inspections, appraisals and loan approvals. As a result, you can sell your home quickly, usually in one week.
What Are the Benefits of Selling My House Fast in Las Vegas?
During this unprecedented time, many sellers are having to make decisions as to whether to sell their home through a realtor, pull it off the market or sell their home for cash. Here are some benefits to consider if you sell your house for cash in Las Vegas:
- No showings necessary. Many sellers have concerns over showings due to COVID-19. We don’t blame them, as potential buyers could be infected and carry the virus into the home. When you work with our Las Vegas home buyers, there’s only one showing – us. And due to the pandemic, we are taking extra steps to ensure the health and safety of our sellers.
- Quick approvals. Once you accept our offer, we can close in about seven days. If you need to move quickly before things get worse, you can do so. There are also no contingencies as there are with traditional home sales. Our home buyers have the money to purchase your home – our offer is guaranteed.
- Cash in your pocket. This is a scary time for many people right now, especially as more businesses temporarily close their doors. If you have an investment property or inherited property, you can sell it for cash and have a cushion to pay bills.
- Low interest rates. Mortgage rates are always in flux, but we’re seeing exceptionally low rates at the moment. If you want to purchase a new home and take advantage of the low rates – they won’t last long – you can use the money from your cash sale for a down payment.
Get a Free Cash Offer on Your Las Vegas Fixer Upper
We Buy Any Vegas House is continuing to operate at this time. We are taking extra steps to ensure the health and safety of our clients. However, we realize that our services are essential to those who need to sell and move on. If you are interested in selling your Las Vegas home for cash, contact us today. We buy houses in Las Vegas in any condition – and we’d love to buy yours!