FAQ

A cash home sale is when a buyer purchases a home with cash instead of financing through a mortgage.

The buyer makes an offer on the property and pays for it in cash. The seller then signs over the deed to the property and the sale is complete.

Cash home sales can offer a quicker, hassle-free sale with no need for financing or inspections.

A cash home sale can be completed in as little as 7 to 10 days, depending on the buyer and the complexity of the transaction.

Yes, cash home buyers typically buy homes in any condition, so you can sell your home as-is.

You can search online or ask for referrals from friends, family, or a real estate agent.

No, you can sell your home for cash on your own or work with a real estate agent if you prefer.

Yes, you can negotiate the price with the buyer, but keep in mind that cash home buyers typically offer lower prices than traditional home buyers.

A cash home buyer will also appraise your house to determine its current resale value. It serves as a starting point for how much they offer.

Closing costs are typically lower in a cash home sale, but you may still be responsible for some fees. Some cash home buyers in Cincinnati, Ohio pay 100% of the closing costs.

Yes, selling your home for cash can help you avoid foreclosure and its negative impact on your credit score.

No, cash home buyers typically buy homes as-is, so there is no need for repairs or improvements.

You may be subject to capital gains tax, depending on the amount of profit you make from the sale.

Yes, you can still sell your home for cash if you have a mortgage, but you will need to pay off the mortgage before completing the sale.

Once you have signed a contract, it can be difficult to back out of a cash home sale, so it’s important to carefully consider your options before agreeing to the sale. Make sure you work with a reputable cash home buyer that fully explains the contract and can guide you through the process.