With cash home sales, the homeowner typically wants to reach an agreement with us very quickly. With the purchase of 1024 Fairmount in the Dogtown neighborhood of St. Louis City, that was no different.
How we helped the owner
The owner had looked at a property we were leasing and mentioned that she wanted to sell her longtime home because she was in her 70s and didn’t want to have to keep maintaining her 100 year old home. She had taken good care of the home, but it was still outdated and needed modernization for today’s buyer. She wanted to avoid listing the property and dealing with all of the showings and fees associated with a traditional home sale. Also, she knew that the home wouldn’t appeal to a lot of buyers because of the dated kitchen and bathroom. In addition, she didn’t want to deal with inspections from the buyer and the city and the repairs that would be required.
Cash Home Sale Process Was Simple
To make the process easy for the seller we coordinated the purchase of her property to occur a couple of weeks after she moved into her new apartment. This allowed her the time she needed to get moved out of her longtime home and get settled into her new place without being rushed. When it came to the price we were able to give her what she wanted for the home in the form of an all cash offer with no repairs, inspections or other contingencies. It only took a day to reach an agreement with her after looking at her home. We don’t drag our feet when working with any of our clients.
Another benefit was the fact that we did no inspections on the property. The home owner just needed to move out and we took care of the rest. She didn’t have to make unnecessary repairs and were able to save thousands of dollars and the headache of dealing with unreliable contractors.
To sum it up, the owner got the price she wanted on the date she wanted. We took care of everything and she walked away from closing with her cash in hand!