[ad_1]
How to request a cash offer in Dayton
For a straightforward way to secure a cash offer on your house, consider HomeLight’s Simple Sale platform. Simple Sale connects you directly with the nation’s largest network of pre-approved and vetted investors.
By providing a few details about your property, you can receive a no-obligation cash offer in as few as 24 hours. If you choose to proceed, the sale can close in as little as 10 days, with the flexibility to move out up to 30 days after closing. No repairs, staging, or open houses are required.
While cash offers are generally lower than those from traditional buyers, selling on the open market often involves costs totaling 9% to 10% of the sale price. Depending on your priorities, a cash sale could ultimately save you both time and money.
How much are Dayton cash home buyers willing to pay?
Home-buying companies and cash investors typically purchase properties below market value in exchange for a fast, hassle-free transaction. For example, property flippers follow the 70% rule, meaning they pay up to 70% of a home’s after-repair value (ARV) while factoring in renovation costs.
Market conditions also influence cash offers. In a competitive market, offers may reach 80% to 85% of a property’s ARV. In a slower market, cash offers tend to be lower.
In 2024, the Dayton real estate market remained strong, with rising home values and increased sales activity. While December saw a minor seasonal dip, median sale prices were significantly higher than the previous year, reflecting a moderately competitive market.
[ad_2]
Source link
