As the market cools across the USA, homes in Phoenix, AZ, can spend as long as 37 days on the market before they're sold. That's a long time if you're looking to sell a home fast.
If you've inherited an unwanted home, are facing foreclosure, or need to move fast, your best option is to find a cash buyer. That way, you eliminate waiting for mortgage approvals, home appraisals and inspections, and many of the costs associated with selling a home.
Do you have no idea where to start the process? Keep reading for our insider tips on how to find cash buyers for real estate.
Attend a Foreclosure Auction
Buyers at these events must pay cash for their purchases within a very short period of time. Many of the people you meet there will be serious about finding a good cash deal, and they're likely to have the cash available to follow through on their offer.
You can use your time at the auction to approach bidders about your home and exchange numbers if they're interested in it. Be careful to approach them when they have a spare moment and not while they're focused on bidding for a house.
Make Use of Signs
Placing a 'For Sale' sign in your yard could help you attract cash buyers. Make sure it's brightly colored and noticeable from the road, and clearly state that you'll accept cash offers only.
Bandit signs are another useful type of sign that can be useful when you want to sell your home fast. You've probably seen these small signs close to major intersections and freeway offramps.
They're usually brightly colored with wording that says, 'I Buy Houses', or 'I Buy Houses for Cash'. Write down some of these numbers and call the cash investors to ask them if they're interested in your home.
Always check the Better Business Bureau and other review sites to see what previous customers have to say before engaging with one of these buyers.
Find Cash Buyers for Real Estate Online
Try an online search for cash home buyers. There are many of these franchised cash home buyers as well as more personalized, smaller investors who have an online presence.
Most of these cash buyers advertise very swift closing times and offer to pay closing costs on your behalf.
Once again, do your homework by comparing their offers and checking reviews before you engage with them.
Craigslist is another useful tool for finding real estate investors online. You can post an advertisement featuring your home in their real estate section or look for landlords advertising houses for rent in your area.
Very often, these investors buy homes for cash so they can repair them and rent them to tenants.
Your Search for Legitimate Cash Buyers Ends Here
Despite your best efforts, it could still take some time to find qualified cash buyers for real estate, especially those who'll pay a fair price.
Skip all the hassle by reaching out to AZ Homebuyer about selling your home fast in Phoenix, AZ. We have years of experience buying, selling, and renting Arizona real estate.