Some background on cash for houses
Investors buying homes for cash and then selling them for a profit is no small venture. The National Association of Realtors estimates that since March 2019, about 21% of residential sales are all-cash transactions, of which 13% were investor transactions.
Selling your house to an investor for cash is a lot like trading in your car to the dealership. If you’re looking to sell your car, you can certainly do it yourself; do some minor repairs, put it up on Craigslist and organize your own test drives. However, it’s easier to just take it to the same dealership you’re buying your next car from and let them deal with it! Same goes with selling your house. Often, there’s repairs to be done and it will add up! A private buyer who is willing to acquire your home “as -is” can be a blessing, In return, they will want some credit to offset projected cost of repairs. At King & Cradle Properties, it’s never the intent to present a low-ball offer; but rather a well calculated purchase price that is fair to the seller.