Michael Jedd Anjelo Zabalerio Isaac

Why People Sell Homes to Cash-Only Buyers If you have a residential property listed for sale in and near San Antonio, Texas, chances are you either received an offer to purchase your San Antonio home from a real estate investor. Even perhaps you have noticed the abundance of billboards and roadside signs that read, “We Buy Homes!" or "Cash for San Antonio Homes!" According to Forbes (http://www.forbes.com/sites/zillow/2013/10/29/pros-and-cons-of-selling-your-home-to-a-real-estate-investor/#76bf967291fa), the dynamics of the real estate market has changed over the last decade, and it is becoming more and more common for a typical residential property seller to encounter investors. Selling a residential property to a cash-only buyer might seem too good to be true, but the reality is that there are indeed buyers today that only engage in transactions involving cash. Why would you want to sell to these people? Based on an article on Interest.com (http://www.interest.com/mortgage/slide-show/9-ways-crush-cash-buyers/), the reason why someone who offers to buy a residential property with cash is attractive to any property vendor: Cash-based sales and transactions are faster and far more efficient. Once the seller and the buyer reach an agreement, it is all a matter of drafting the papers, signing, and transferring the payment. Much of the hassles and issues that come with selling residential properties — such as dealing with the buyer’s financing—is eliminated and taken out of the whole equation. Moreover, the beauty of some cash-only buyers is that they purchase residential properties with the intent of selling it off or obtaining revenue through other means. However, before they do so, these cash-only buyers usually repair and beautify the property to increase the appeal and value of it, once it hits the market. For some sellers, this can mean to have the option to rent out their previous property. This option quite ideal, most especially if the seller only needs to get rid of the property, but does not want to leave their neighborhood.