3 Ways Selling Your House to a Cash Buyer Could Save You Money

Did you know that selling your house could cost you money? Sure, you may still make a profit from selling your home by the end of it if your home’s value has risen since you bought it and you can get a good offer for it. Wouldn’t it be better if you could save more money instead of spending it though? Selling your house to a cash buyer could allow you to do exactly that.

Skip Commissions

Commissions are usually paid by the seller for services rendered by the real estate agents (both buyer and seller) involved in the transaction. This typically comes to around 6-7% of the sale price of your house. The average cost of a home in the U.S. is about $428,700. That means you’re looking at closing costs between $25,722-$30,009 for the average home. That’s a lot of money that you don’t get to keep. Not all cash buyers use real estate agents though. Selling to a cash buyer who doesn’t use an agent can save you tens of thousands of dollars, especially if you don’t use one either. Minnesota Home Guys is one such buyer.

Skip Closing Costs

Closing costs are typically split between the buyer and seller. As a seller, you’d usually be responsible for closing costs that amount to an average of 3-4% of the sale price of your home. Exactly how much you’re responsible for would depend on what you negotiate with the buyer. That is unless you sell your home to a cash buyer like Minnesota Home Guys. We cover 100% of the closing costs, which saves you thousands of dollars.

Skip the Wait

Selling a house takes time, and time is money. That saying rings true when it comes to selling real estate. Think about it: the longer you wait to sell your home, the more money you dump into it. You’re still paying for your home’s insurance, utilities, mortgage, and maintenance. Wouldn’t it be better if you could put that money towards your new living arrangements? Selling to a cash buyer means you can do exactly that since they often buy houses faster than traditional buyers do.

Minimizing costs is half of the equation for making money on your home’s sale. It’s easier to do that if you’re smart about who you choose to sell your home to. Selling your house to a cash buyer could save you money. Don’t choose just any cash buyer though. If you want to maximize your savings, choose Minnesota Home Guys. We’re the buyer for you.

Are you ready to sell your home to Minnesota Home Guys? Click here to schedule an appointment with us today!

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