The Financial Benefits of Selling Your House for Cash

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 Benefits of Selling Your House for Cash
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About us
Meet the Property Twins of Cincinnati Born and
raised in Cincinnati, Ohio, Mitch Painter learned
the real estate business from his dad, an owner
of a local construction company. The basics of
building provided a solid foundation and Mitch
launched his own business rehabilitating homes
while enrolled at the University of
Cincinnati.
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The Financial Benefits of Selling Your House for
Cash
Many homeowners are opting to sell their houses
for cash. According to the National Association
of REALTORS, cash home sales accounted for 32 of
home sales in January, which is the highest rate
since 2014. More people are discovering the
advantages of a cash home sale.
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Avoiding Agent Fees
Getting rid of agent fees is considered to be one
of the top benefits of selling your house for
cash. In a traditional home sale transaction, you
will need to pay a commission to a real estate
agent, which usually ranges from 5 to 6 of the
sale price. This fee can quickly add up,
especially on higher-value homes.
Skipping Costly Repairs
Another financial advantage of a cash sale is
that you can skip costly repairs and renovations.
With a traditional home sale, buyers often
request repairs or improvements as part of the
sale process. Repairs are usually not just
expensive but also time-consuming, eating into
the profit from your sale.
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Eliminating Holding Costs
Holding costs are the ongoing expenses that come
with owning a property while its on the market,
including mortgage payments, property taxes,
insurance, utilities, and maintenance. When a
home sits unsold, these expenses continue to
accumulate, potentially eroding your financial
gains from the sale.
Avoiding Potential Deal Breakers
In traditional sales, buyers often come with
contingencies that can be dealbreakers. Common
contingencies include financing approvals, home
inspections, and appraisals. Any issues that
arise during this process can lead to not only
delays but can even cause the deal to fall
through entirely. Cash sales eliminate all the
common issues that can derail a deal. Since cash
buyers do not need mortgage approvals, the
transaction process is usually smoother and more
reliable. This can prevent unexpected delays as
well as the costs involved in re-listing your
home or finding new buyers.
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Conclusion
Some homeowners are wary about accepting a cash
offer, thinking they would lose money. But in
most cases, selling your house for cash can offer
several financial benefits that can lead to
better net proceeds. By avoiding agent fees,
skipping repairs, and eliminating holding costs,
you can maximize your profit and simplify the
selling process. 
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Thank you

• Cincinnati House Buyers
• 513-445-2274 
• matt_at_cincypropertytwins.com
• www.thecincyhousebuyer.com