Let me clarify this: When you say “sell your house for cash” it means selling to an investor or a house buying company. You are selling to people who have the spare cash to fix your house up so it can be sold full retail. This means these buyers usually offer less than full retail for your house to make room for improvements, repairs or any other changes they want to make to the house to make it more enticing for a full retail price.
So to answer the question, “Is there any other way to sell your house other than cash?”, yes there is. It’s through conventional means whereby your house is listed by a realtor who sells your house for you in exchange for a commission. The problem with conventional selling is you need to make sure your house is in good condition and ready for occupancy before you get it listed.
There’s nothing that stops you from doing rehabs on your house yourself as long as you know what you’re doing. This is especially true if you want to sell your house full retail. Be warned though that this usually takes a lot of work and very few people who go this route ever make it good the first time around.
Another option you have in selling your house is to convince your lender to accept less than what you owe on the house (this is especially true to houses facing foreclosure) through a short sale. While this is another viable option for some, keep in mind that doing a short sale will impact your credit score. Moreover, if you’re not careful, short sales tend to fall apart at the last minute, thereby putting you in a really bad situation.
Still another way is to rent out your house to a tenant on a lease-to-own or rent-to-own basis. This works if you don’t really need to convert your property to cash quickly.
Needless to say, if you’re looking for less hassles and less headaches when selling your house, you should sell your house for cash to a cash buyer, investor or a house buying company. Not to mention, going this route will allow you to close the transaction faster. This is made possible by the fact that these companies are willing to buy houses as is. More often than not, they even agree to handle closing costs.
Houston Capital Home Buyers is at the forefront of providing quick solutions to all your house selling needs. We have a team of experts ready to assist you in resolving whatever issues attached to your house prior to selling. And with our extensive experience helping homeowners all throughout Houston, we are confident there’s no problem with your house that we can’t handle.
Call us at 713-581-9075. We’ll be more than happy to assist you with your house selling problems.
All the best,
Houston Capital Home Buyers
“We Don’t Buy Every House, But We Help Every Client”