Selling Your House for Cash: Things that can Potentially Delay the Process

Selling Your House for Cash: Things that can Potentially Delay the Process

Usually, people decide to sell their properties for cash because they are in tight situations like divorce, foreclosure, illness, death of a loved one, cash urgency, etc. Here at Detroit Cash For Homes, we have seen homeowners getting all the repairs and improvements done before listing their properties on the market. The primary reason to do this is to walk away with a sale price at the earliest time possible.

Unfortunately, listing homes do not come with guaranteed sales. Even if they find a buyer within a few days, the process may not go smoothly. If you are wondering how to “sell my house fast in Oakland County, it is vital to know what can delay your home selling process. In most cases, the following have delayed the process for weeks. As a result, the needs of homeowners failed to be fulfilled. Below, we have listed issues that can slow down your home sale. Let us get started.

Inspection – In the traditional home selling route, the buyer hires a home inspector to inspect the property before purchasing. Often, during this examination, the home inspector may find some unexpected issues in your home. Dealing with a last-minute inspection can delay the process.

Credit – When it comes to the credit report of buyers, it may change anytime from qualifying status to non-qualifying. For example, your prospective buyer has a pre-approved loan by their lender. But due to various reasons, especially once the mortgage approval process begins, it delays your home sale in Oakland County. This happens because your buyer might have increased their debt-to-income ratio.

Appraisal – Another thing that can cause a delay in your home sale process is the appraisal. Appraisers are the professionals that access the monetary value of the property. If the appraisal value is low, it can lead to loan denial. In some cases, the only way to increase appraisal is to get repairs done before closing. It does nothing but makes your home sale process complicated.

Open permits – Even if the work on your property completed years ago, Open Building permits can still cause a delay. You may not know about any Open permits until you list your house on the market. If you ever find yourself in such situations, you need to be patient. Dealing with this process can take a lot of time and result in delays. 

Apart from this, things like meeting deadlines for document submission, title issues, staging, 

and showings can also cause hindrance to your home selling process. 

Sell your home as-is 

The best way to speed up your home sale process is to hire reliable real estate cash buyers in Oakland County like Detroit Cash For Homes. We buy houses in Oakland County as-is without inspection, repairs, and renovations, appraisal, listing, etc. Additionally, you can save a lot of money because we do not charge any fees, closing costs, and commissions. With Detroit Cash For Homes, you save both money and time while receiving a fair cash offer. 

If you want to sell your house fast and hassle-free in Oakland County, get in touch with Detroit Cash For Homes. We buy houses in any condition in Oakland County without prior improvements, documentation, and any charges.