According to a study completed in September 2023, more than thirty-four percent of home purchases in this country were all-cash transactions.This is the highest number of cash home sales since 2014.
The number has been steadily increasing for the last couple of years and shows no signs of slowing down. Homeowners are turning to cash buyers because of the speed and simplicity of the closing process. For anyone looking to get out from under the burden of a property quickly and painlessly, a cash home buyer is an advantageous opportunity. Rather than list with a real estate agent and deal with stagings, showings and months of uncertainty, a cash sale eliminates risk and stress. Getting started is as easy as filling out an online form. From the comfort of home, at any time of the day or night, the form is available and requires only minutes to complete. Once some basic information is provided, an offer can be expected within twenty-four hours. With a reputable cash buyer, there is no obligation. There is no concern over the selling of leads and aggressive, high-pressure tactics. The homeowner can choose to decline or accept the offer. Once the offer is agreed upon, the closing is typically handled in under two weeks. The homeowner can schedule a convenient time for the closing. There is no worry over code violations, home inspections, lending falling through or repairs. The cash home buyer has the liquid funds to pay in full immediately. The seller is able to walk away without dealing with realtor fees, bank requirements or financing difficulties. For homeowners in Arizona, there are reputable companies who offer reasonable offers and straightforward solutions.