Real Estate Market Softening Montgomery County
The signs were already there and it has finally happened. The real estate market in Montgomery County is showing signs of softening.
The number of listed properties on the market has almost doubled over the last month as buyers have suddenly become more wary. Also, there is this growing talk about a looming recession.
All these things combined have brought the activity in Montgomery County real estate market to a lull. Experts now expect houses to remain on the market for much longer. Even then, there is no guarantee that sellers will be able to make a sale.
If you are planning to sell a property, it would be best for you to sell it to a cash house buying company such as Homecashguys.com . Home Cash Guys has been active in the real estate industry since 2006 and have been buying houses in the greater Philadelphia area and surrounding counties since then.
Since they buy homes directly and pay cash, they have the ability to close quickly. On the other hand, a traditional real estate sale requires you to wait for at least 8 to 10 weeks.
Today, you would have to wait even longer with the real estate market softening Montgomery County.
Home Cash Guys has bought hundreds of properties for cash. They work on a one-to-one basis with sellers and offer the right real estate solutions.
Here are a few reasons you should seriously consider selling your property to a cash house buying company such as HomeCashGuys.com:
1. Quick Sale
If there is one reason you should sell your house for cash, it is that you won’t have to wait long to get your money. If you want to make a quick sale, there is nothing better than a cash home buying company.
Generally, people have to wait for anywhere from 8 to 10 weeks before a sale closes. A lot can happen in those 8 to 10 weeks. Buyers may discover something while inspecting the property or their mortgage proposal may fall through or something else could happen.
With cash home buyers, you don’t need to worry about such issues as the sale can be closed within 7 to 10 business days.
2. You Don’t Need to Actively Sell Your Property
With a traditional sale, you need to stage a house and keep it spick-and-span. Also, your real estate agent might force you to spend money on repairs and general upkeep, including a fresh coat of paint (it’s not cheap). Generally, you have to work hard to make your house look pretty for potential buyers.
With Cash house buyers, you don’t need to worry about actively selling your property. They buy properties in as-is condition. They don’t want you to spend money on repairs, staging or any other thing you generally have to do with traditional real estate sales.
Needless to say, it saves a lot of time and money.
3. Save Money on Fees
In general, home sellers have to set aside 10% to 15% of the final selling price as various fees. These include closing costs, attorney fees, real estate agent commission and so on.
With cash house buying companies, you get to keep all the money as they take care of all the fees. There is no commission to pay and you obviously don’t have to make repairs or spend money on staging.
4. Avoid Disappointment
What most people don’t know is that a good number of real estate deals fall through even after a contract is signed. In many cases, it happens due to buyers not being able to get approved for a mortgage or them discovering something during house inspection or offer being made by non-serious buyers.
Imagine being in a situation where you expect money within the next 2 to 3 months as you have to buy a new property and getting disappointed as the sale falls through.
You won’t face any such issues with cash home buyers.
Final Thoughts
Overall, the real estate market in Montgomery County, PA, is witnessing a downturn and the number of listed houses on the market has doubled compared to the last month. It has already become more difficult to sell a house, especially at the price you want.
This is why smart homeowners are choosing to sell to cash home buyers such as Home Cash Guys Cash buyers offer almost instant sales without the fear of sales falling through.
You also get to save money and avoid the hassle associated with selling a property through a real estate agent.
So, don’t worry about the real estate market softening Montgomery County and We Buy Houses Montgomery County so get in touch with a reliable cash home buying company such as HomeCashGuys.com to sell your property quickly.
