Pro #1: Low Risk Of The Deal Falling Apart

There’s a much lower risk of an all-cash arrangement falling apart than the more than 15% of house-sale agreements that do when they’re attempted more traditionally. Our trusted homebuyers don’t need to secure financing and will not back out of cash agreements.

Pro #2: Speedy Sale

Are you looking to sell your house for cash quickly in Durham? Cash transactions typically close much faster than selling through a real estate agent or on your own (FSBO). For example, you could receive an offer within 24 hours and complete the sale in as little as seven days. In contrast, other selling methods might take weeks or even months. One key advantage is that we don’t need to secure financing; we have the cash readily available. Once you sell your house to us and receive your payment, you can use that money as needed—whether to manage debts, ease a divorce, or bridge the gap between jobs.

Pro #3: Avoid Formal Inspections and Appraisals

A third pro important to many Durham homeowners is avoiding the hassles, headaches, and stresses of enduring numerous inspections, appraisals, and, in many cases, open houses. We’ll view your home once, and that’s it. Our simplified approach also allows you to avoid the delays and complications often accompanying needing to showcase your Durham house numerous times before you can sell it, particularly when the latter circumstances lead to drastic changes in your property’s appraised value.

Con #1: You Might Get a Lower Cash Amount

You’ll usually receive more money if you don’t accept an all-cash offer and instead sell your Durham house more traditionally. This amount is often more than 10% higher than the cash alternative. For that reason, those with a house to sell who decide to go with a cash-for-houses company, like Southern Sky Home Buyers, usually do so because they value the ease with which they can sell their house, which makes it more than worth it to them in the big picture.

Con #2: You Might Pay High Hidden Costs

Also keep in mind that some cash home-buying companies add service fees as hidden costs in the contract’s terms, so be wary of those when you go to sell your real estate. They can even exceed 15% of the offered cash price. However, we don’t do this when we buy properties, and we’ll provide proof that the cash amount we initially offer you is exactly what you’ll be handed if you accept it and sell to us.