There’s no way around it–selling a house takes time. Of course, how long it takes depends on a few different factors, including how prepared you are and who your buyer is. Not all buyers are created equal, especially when it comes to closing the deal on a house. So how long do different buyers take to close?
Traditional Buyers
Traditional buyers usually take the longest time to close. You’re looking at an average of 30-60 days to close if everything goes well, and that’s after spending an average of 3-6 months on the market. While some sellers can afford to take anywhere from 4-8 months to sell their homes, that doesn’t work for everyone. So what are your options if you need to move faster?
Average Cash Buyers
The average cash buyer is a good place to start. Cash buyers pay for the properties they purchase with money they already have–no lender needed! These buyers take an average of 2 weeks to close on a house, a significant decrease from the average time traditional buyers need. This is largely due to the lack of a lender. Cutting out the lender means that all of the closing steps that involve lenders can be avoided, such as credit checks, loan approvals, and sometimes house appraisals (though that’s up to the cash buyer).
Professional Home Buying Companies
“Average” means that some are faster and some are slower. The fastest cash buyers out there are the professional home buying companies (like Need to sell my bama house fast ). These buyers not only don’t need a lender, but they have extensive experience in buying and selling properties compared to your average buyer. They’ve literally made it their business to make selling a house as quick and easy for sellers as possible. Hapa Homebuyer’s finely-tuned methods mean that they can close the deal on your home in 7 days! It’s the perfect solution for someone who needs to sell their home as quickly as possible. If that doesn’t work for your schedule, no worries! You pick the closing date that works best for you and we’ll make it happen.
When deciding how you want to approach selling your home, you should always take time to identify who your ideal buyer is. Different buyers bring different things to the table. If what you need is to sell your home as quickly as possible, no one beats professional home buying companies. We’re the buyer for you!
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