How to Find Cash Home Buyers in Sacramento for a Hassle-Free Home Sale

Inside the Sacramento cash home buyers market

Cash home buyers come from all kinds of backgrounds, each with their own reasons for skipping traditional financing. Many are investors, flippers, or individuals simply looking for a fast and simple purchase. Knowing who typically pays cash for homes can help you attract the right buyers and close your sale more efficiently. Here’s a look at buyers who will pay cash for your Sacramento property:

New residents

Sacramento’s fastest-growing companies are defying economic headwinds, posting impressive triple-digit revenue growth. This steady business momentum could be the reason some people are compelled to move to the area. These newcomers are often willing to pay cash and move in quickly, particularly as mortgage rates increase and Sacramento home prices rise.

Baby Boomers

Baby boomers make up a large share of cash home buyers. Thanks to substantial equity and long-term savings, many in this group are opting to buy homes outright.

According to recent data from the National Association of Realtors (NAR), about half of older boomers and two out of five younger boomers nationwide are paying for their homes entirely in cash, skipping traditional financing.

In your listing description, focus on features like a first-floor primary suite, low-maintenance outdoor spaces, or wide doorways and hallways to attract Baby Boomer buyers.

Property investors

Homeowners in Sacramento are more likely to find success selling to property investors rather than traditional buyers paying cash. These investors include institutional buyers, house flippers, buy-and-hold landlords, wholesale operators, and iBuyers. Sacramento’s housing market attracts a large number of real estate investors, making it easier for homeowners to secure cash offers.

Pros of working with a Sacramento cash home buyer

Cash offers come with their own set of benefits. Here are some of the main reasons to sell your property for cash, rather than seek a traditional buyer:

How to request a cash offer in Sacramento

If you’re looking for an easier way to secure a cash offer for your home, HomeLight’s Simple Sale platform can connect you with the largest network of vetted and pre-approved investors in the U.S. After answering a few basic questions about your home, you’ll receive a no-obligation, all-cash offer within 24 hours. If you accept the offer, you can close the sale in as few as 7 days.

You can skip the repairs, prep work, and endless showings and choose a move-out date that works for you, up to 30 days from closing. House-buying companies usually pay less than what you might get on the open market, but selling the traditional way comes with fees that can take 9% to 10% of your sale price. So, depending on your needs, a cash buyer could still save you money in the long run.

How much are Sacramento cash home buyers willing to pay?

In exchange for speed and convenience, cash sellers often receive below-market value, as house-buying companies follow the 70% rule. This means buyers only offer 70% of the home’s after-repair value (ARV) minus repair costs to ensure a profitable resale. You will never receive market value for your home if you sell for cash, though the process is generally much faster.

In a hot seller’s market, offers tend to be closer to market value when demand is high. However, in a slower market, expect cash offers to be lower.

What’s the process of selling to a Sacramento cash home buyer?

If you’re looking for speed and simplicity, a cash home sale may be right for you. Here’s a breakdown of how the process generally works:

Complete any required disclosure statements

When selling your home in Sacramento, you are required to disclose certain information about the property’s condition through the California Transfer Disclosure Statement. This document includes details about the structure, systems, and any known defects, ensuring transparency and protecting both parties during the transaction.

If you’re working with a Sacramento “We Buy Houses” company, they will likely prepare all necessary documents for you, including this one. However, you can speed up the process by filling it out beforehand.

Let the buyer run a title search on the property

The cash buyer will verify the property’s title to ensure you have legal ownership and to check for any liens or claims that could prevent a smooth sale. Title issues can include boundary disputes, unknown easements, undisclosed heirs, public record errors, and forgery.

Pay any associated fees

A cash sale typically has fewer closing costs than a traditional home sale, but sellers may still have to cover some expenses. These can include transfer taxes, title insurance, escrow costs, and attorney fees.

In California, the transfer tax is 0.11%, or $1.10 per $1,000 of the home’s selling price. If you’re looking to avoid these expenses altogether, “We Buy Houses” companies often pay closing costs in exchange for an offer that’s below market value.

Deciding to sell to Sacramento cash home buyers

Remember, selling for cash means getting a lower offer for your home than the traditional market. The trade-off is that your home can sell in less than a week rather than several months.

Homeowners have a good chance of selling for cash, as Sacramento remains a popular city for real estate investment. Whether you decide to compare buyers yourself, enlist the help of a real estate agent, or request an offer from Simple Sale, HomeLight can connect you with top professionals and valuable resources.

Editor’s note: This blog post is for educational purposes only, not legal or tax advice. HomeLight always encourages you to reach out to your own advisor.

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