Can a cash sale actually close in 7 days? What can cause delays?

Can a cash sale actually close in 7 days? What can cause delays?


Can a cash sale really close in 7 days? What can cause delays? This comes up a lot when we make cash offers. People are sometimes skeptical that they can truly have their house sold within one week and be completely done with it. A recent seller, John, was "done with this house". He wanted to have everything done quickly so that he could get rid of all of the stress the home had caused him due to finding mold in the house. We were able to close within 7 days and he finally got the relief he wanted. He now had the time and energy to be there for his family again. It's not always this fast and easy however. There are some things that will delay a closing. Inheritance issues is probably the biggest delayer of a closing. If a will hasn't yet been probated or there are heirs that have died, things can get delayed while everything is handled by the title company and any needed attorney. Most of the time we can move quickly through an inherited probably with an affidavit of heirship, but other times court approval is needed. Short delays can sometimes be caused by HOA's. If they cannot provide the paperwork necessary for transfer right away. This is not common but does happen and usually only delays by less than a week. Sometimes lenders delay closing because they take longer to provide a payoff for the existing mortgage. This usually is not more than week but can be a couple weeks. We do not get professional inspections or appraisals so those never delay a closing for us. We put together a comparison of a cash sale to Danny Buys Houses versus a traditional sale through an agent that you can find here: https://dannybuyshouses.com/compare

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Avsnitt(20)

Do I need to fix anything before selling my house for cash?

Do I need to fix anything before selling my house for cash?

Do I need to fix anything before selling my house for cash? Short answer is no, absolutely not. Janet C. found Danny Buys Houses online and called about getting a cash offer for her house. She was wor...

5 Okt 4min

Who are the most recommended cash house buyers in San Antonio?

Who are the most recommended cash house buyers in San Antonio?

Let’s breakdown who we are typically competing with here at Danny Buys Houses and why people tend to want to sell to us or one of these competitors.  Yeah, I know you probably figured I would just tal...

29 Sep 4min

Is this cash offer fair, or am I getting lowballed?

Is this cash offer fair, or am I getting lowballed?

Is this cash offer fair, or am I getting lowballed? This question is completely understandable when getting cash offers from house buying companies. When I get these calls at Danny Buys Houses, it is ...

14 Sep 9min

How does selling my house to a cash home buyer work?

How does selling my house to a cash home buyer work?

How does selling my house to a cash home buyer work?I get this question all the time and wanted to share how the process worked for Mike, a seller in California that had a house in San Antonio he want...

9 Sep 5min

The 70% Rule Explained — How Cash House Buyers Actually Calculate Offers

The 70% Rule Explained — How Cash House Buyers Actually Calculate Offers

Get more information about how we value your home for the cash offer we make to you: Danny Buys Houses home valuation methodologyWhen a cash buyer makes an offer on your house, is the number arbitrary...

27 Aug 12min

Danny Buys Houses Case Studies

Danny Buys Houses Case Studies

Episode Summary:Danny talks about 3 of our latest house purchases. Learn about the seller situations and details of any issues with the homes. 50’s Ranch in the Dellview NeighborhoodSeller SituationTh...

8 Apr 11min

The Seller's Survival Guide - Navigating San Antonio's Shifting Market

The Seller's Survival Guide - Navigating San Antonio's Shifting Market

Episode SummarySan Antonio's real estate market has dramatically shifted, and for the first time in years, sellers are facing real challenges. In this episode, Danny Johnson breaks down the current ma...

17 Sep 202510min

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