How does the house cash sale process work?

by | Apr 3, 2023 | Buying and Selling

Selling a house can be daunting — especially when you need to sell it quickly. One option that’s gaining popularity among homeowners is a cash sale. But how does the process work? In this blog post, we’ll take a closer look at the house cash sale process and provide you with all the information you need before you start.

Cash sales vs. the traditional way

There are many advantages to selling your property to a trustworthy cash buyer instead of through an agent.

Selling your Portland home the traditional way can be a time-consuming process. If you work with a typical buyer who is financing the purchase with a mortgage, closing the deal can take quite some time. Many steps are involved in the traditional way of selling a house, including appraisals, inspections, and securing financing. Plus, you have to pay a commission once the sale is completed.

A cash buyer, on the other hand, doesn’t need to secure financing to purchase your home. A reputable cash buyer can make a cash offer within 24 hours of visiting your home. Once you accept, you can close in as little as 2-3 days. This is because cash sales involve fewer steps and less paperwork than traditional sales, making the process much faster and more efficient — no commissions or fees involved!

The process of selling your house for cash in Oregon

Sell a house without realtor Columbia Developement OR
Overall, the process of selling your house for cash is typically faster and more straightforward than the traditional way of selling a house. If you’re looking for a quick and hassle-free sale, selling your house to a real estate investor like Columbia Redevelopment may be the perfect option for you.

Here are the steps you can expect:

1. Choose a reputable cash buyer

Many companies and individuals claim to be cash buyers, but it’s essential to do your research and work with a trustworthy buyer who has a proven track record of successful transactions.

At Columbia Redevelopment, we’ve been helping hundreds of homeowners across the Portland area. Find out what makes us different from other real estate investors in Oregon.

2. Contact the home investor

Once you’ve found a reputable cash buyer, contact them to express your interest in selling your house for cash.

The home investor will visit and evaluate the property. A reputable cash buyer will typically schedule a visit to your property to evaluate its condition and determine a fair market value.

3. The investor will make a cash offer

With our company, you can expect a cash offer within 24 hours of the visit. This offer is based on the current market value of the property.

4. Choose a closing date

If you accept the offer, you’ll decide on a closing date. With us, closing takes 2-3 days and there are never any closing fees, hidden costs, or agent commissions. This means you’ll receive the full cash offer amount without any deductions

The benefits of selling your Portland house for cash

  • Working with us, you’ll receive an earnest money deposit of $10,000.
  • Selling your Portland property to a real estate investor like Columbia Redevelopment is much faster than selling it the traditional way. With our company, you can expect a cash offer within 24 hours of the visit and a closing timeline of just 2-3 days.
  • Unlike traditional sales where you’ll have to pay commission fees to real estate agents, selling your house for cash to us involves no commission fees. This means you’ll receive the full cash offer amount without any deductions.
  • No need to make repairs. With cash sales, buyers are typically willing to purchase the property as-is. This means you won’t have to spend time or money on making repairs or renovations to prepare your home for sale.
  • Similarly, since buyers are willing to purchase the property as-is, you won’t have to spend money on cleaning or staging your home for potential buyers.
  • Cash sales offer a fast and flexible closing timeline that can be tailored to your needs.

Reach out to us for a free analysis

At Columbia Redevelopment, we pride ourselves on providing our clients with a hassle-free and transparent selling experience. When you contact us, we’ll schedule a visit to your property and make you a cash offer within 24 hours. To show our commitment, we’ll also deposit $10,000 earnest money into your account.

Once you’ve accepted our offer, we’ll handle all the paperwork and draft the sales documents for you to review. This means you won’t have to worry about dealing with complicated legal documents or spending extra money on legal fees.

Finally, you’ll pick the closing date that works best for you, and we’ll pay you in cash at closing. With our fast and flexible closing timeline, you can have your cash in hand in a matter of days (not weeks or months!). Give us a call at (503) 200-8730 or contact us online for a no-obligation property analysis and cash offer.