How to request a cash offer in Vermont
If you’re looking for a quick and hassle-free way to sell your home, HomeLight’s Simple Sale platform can connect you with the nation’s largest network of pre-approved cash buyers.
By providing a few details about your property, you can receive a no-obligation cash offer in as few as 24 hours. If you decide to move forward, your sale can close in as little as 10 days, and you have the freedom to choose a move-out date that works for you — up to 30 days after closing. There’s no need for repairs, staging, or open houses.
While cash offers are generally lower than those in traditional home sales, sellers should consider the costs associated with listing on the open market. Typical transaction costs range from 9% to 10% of the sale price. Depending on your priorities, selling for cash may save you both time and money.
How much are Vermont cash home buyers willing to pay?
Cash investors and home-buying companies typically purchase homes for less than market value in exchange for a quick and convenient transaction. For instance, property flippers follow the 70% rule, meaning they pay up to 70% of a home’s after-repair value (ARV), factoring in upgrade and repair costs.
Market conditions also affect cash offers. In a hot market, cash offers may approach 80% to 85% of a property’s ARV due to increased competition. However, in a slower market, offers typically trend lower.
Vermont’s real estate market continues to favor sellers, with low inventory and rising home prices, making it an attractive time to consider cash offers. However, with inventory gradually increasing and mortgage rates decreasing, cash buyers may become more selective. Your cash offer will depend on your home’s location, condition, and current market trends in your area.
