Selling a home in Colorado Springs by way of a conventional real estate listing is time-consuming, stressful and complicated.
- There can be significant costs, fees and requirements involved.
First, it’s necessary to find and work with a real estate agent. While the agents are working for a big commission, they are also eager to get the house sold quickly. They typically repair making upgrades and repairs. These improvements can get expensive. Even a coat of paint on the interior and/or exterior adds up and can put a strain on the budget. It’s also important to stage the home for showings. Walking people through the home is a hassle and doesn’t alway lead to a sale. Once there is a potential buyer, it’s time to schedule a home inspection. These evaluations often turn up a list of issues. They point out everything from outdated plugs and electrical panels to concerns with the life expectancy of the water heater, roof, septic and HVAC system. There can be safety issues such as railings on stairways and porches, fences around the swimming pool and smoke detectors. Either the seller pays for the solutions or the cost is deducted from the sale price. There is also no guarantee the sale will go through. The buyer usually needs to secure a bank loan. The lending institution has stipulations and requirements in place that can undermine the deal. The whole process tends to take months. During that time, the homeowner is responsible for lawn care, home maintenance and taxes. Cash home buyers do things differently. They buy houses in any condition. Regardless of the reason for selling, they provide an as-is offer after nothing more than a quick walk through. They take care of the paperwork, assist with any difficulties and most often manage the closing in a matter of days.