Omaha home purchasing

Home purchasing in Omaha tips. .

Unlike other methods of selling a property, when a cash offer is accepted on a house, the sale is almost guaranteed to go ahead. By cutting out the middle man – the bank in this instance – you are taking away a great source of uncertainty as, according to research by the HomeOwners Alliance, just under a third of collapsed sales occurred as a result of the buyer’s finances not being in order. As a result, accepting a cash offer can considerably reduce the amount of stress of the financial transaction, where you may otherwise be worrying whether the seller can raise the correct funds by the completion date. “If a homeowner has found their dream property and has been given an ultimatum, for example that they have to be able to buy in the next three months – they may ask for cash buyers for their existing property to make sure the process goes quickly, and they don’t lose the property they want to purchase.”

But all of these home value increasing options cost time and money. Maybe you want to move on with your life? There are real estate firms that are specialized in buying houses as they are, at a fair value, so the former owner can move on. Where you can move? Elkhorn, Nebraska, offers upscale living within a short commute of the Omaha metropolitan area. Originally founded in 1865, Elkhorn retains its proud history as a small farming and railroad community. The downtown area features many historic buildings, and the annual Elkhorn Days Festival brings the whole community together each summer for food, fireworks and fun. Elkhorn’s small town charm and rural atmosphere provides a welcome escape for families seeking a refuge from big-city living. Elkhorn provides all the amenities of a larger community, including outstanding schools and public services, while retaining its own unique rustic sensibility.

Because many cash buyers intend to repair and resell such properties, you might be able to cut a short-term lease-back deal to remain in the home if that’s suitable for you and give the new owner an income stream while he or she tends to repairs or other projects. As a group, cash buyers by definition are individuals or entities that buy your house outright and all at once, without lender financing. In general, selling your home to a cash buyer allows you to skip the home prep, showings, and staging hassles and arrange a more flexible closing timeline to coordinate with the purchase of your next residence. See more details on House buying in Omaha.