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What Happens After You Sell to a Cash Buyer?

The process of selling your home to a cash buyer is quite simple. However, if you have never sold to a cash buyer before, you might not know what happens after you decide on an offer. How long should you expect to wait before receiving the money? What will your relationship with the cash buyer look like after the transaction?

Receive the Money

The first thing that happens after accepting an offer from a cash buyer is receiving the payment. One of the promises of reputable cash buying companies is that they can securely transfer the offer money in full to your bank account in just a few weeks.  

Confirm the Correct Amount Received

Even if you are working with a reputable cash buying company, you should still confirm that the amount you receive is the correct and full amount that was offered. Your home is extremely valuable, so you should make sure you are getting the correct amount for the sale. Legitimate cash buyers and cash buying companies are not looking to scam you, so they will be very willing to communicate with you about any discrepancies in payment or questions you may have about the amount you receive. 

Rent Your House Back

In some cases, you may want to sell your home but not necessarily move out. There can be lots of stressors that come with owning a home—like mortgage payments, dealing with problematic tenants, or having the responsibility of completing major repairs—that you don’t have to deal with when you sell your home to a cash buyer. However, depending on the terms of your agreement, you can still live in your home without experiencing these stressors when you sell to a company like Simply Sold. Simply Sold allows sellers to continue living in their home and paying rent after selling the property.

Of course, the first order of business after selling your home to a cash buyer is making sure you receive the right amount. Selling your home isn’t always just about money though. There are often many emotions and memories associated with your home that can be hard to let go of when you sell your home.

To sell your home to a company that you know will value your home just as much as you do, contact Simply Sold here today. When you sell to Simply Sold, you can even choose to rent your house from them if you are not yet ready to let it go.

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jecelyn

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