{"id":30297,"date":"2022-03-23T11:37:06","date_gmt":"2022-03-23T18:37:06","guid":{"rendered":"https:\/\/www.homelight.com\/blog\/?p=30297"},"modified":"2024-03-21T10:22:29","modified_gmt":"2024-03-21T17:22:29","slug":"agent-cash-offer-sacramento-house","status":"publish","type":"post","link":"https:\/\/www.homelight.com\/blog\/agent-cash-offer-sacramento-house\/","title":{"rendered":"How HomeLight Cash Offer Helped These Sacramento Buyers Win Their First Home With Their First Offer"},"content":{"rendered":"

When Spencer Smitherman and his wife, Holly, had their first child, it didn\u2019t take long for the couple to realize they would need more space than their one-bedroom apartment in Orange County could offer.<\/p>\n

Since the Smithermans wanted to live near friends in Sacramento and they knew a four-bedroom home would better accommodate both their family and their work-from-home lifestyle, they decided it was time to think about relocation.<\/p>\n

Of course, this is often easier in theory than in practice.<\/p>\n

\u201cIt\u2019s expensive to fly up to Sacramento every time we wanted to look at homes, so I was scoping things out online,\u201d says Smitherman, recalling the initial challenges of house-hunting. \u201cWe were also kind of wavering between wanting something that was a bit more of a fixer-upper, or already renovated.\u201d<\/p>\n

Between the distance and their uncertainty over which type of home to pursue, the Smithermans needed help \u2014 especially if they wanted to compete in Sacramento\u2019s hot market.<\/p>\n

\"A<\/a>
<\/a> Source: (Kim Carlsen of Team Navigate<\/a>)<\/figcaption><\/figure>\n

The first offer is a winner with HomeLight Cash Offer<\/h2>\n

Fortunately, they were working with Kim Carlsen, an expert real estate agent who was ready to introduce HomeLight Cash Offer<\/a>.<\/p>\n

HomeLight Cash Offer turns any qualified buyer into an all-cash buyer. By eliminating the financing contingency and allowing for a fast close, buyers and their agents can write an ultra-competitive offer that sellers find irresistible.<\/p>\n

Now with the power of cash on their side, the Smithermans decided to focus on finding a renovated home with a minimum of 2,000 square feet.<\/p>\n

\u201cSince we both work from home and the baby is here with the nanny, it\u2019s just not very conducive to working in a construction site,\u201d says Smitherman.<\/p>\n

Feeling confident in their ability to buy, when the Smithermans found the perfect four-bedroom, two-and-a-half-bath, comfortably updated Sacramento home, they were ready to make an offer.<\/p>\n

But they weren\u2019t alone with their interest in the property. The Smithermans were up against more than a dozen other offers on the home.<\/p>\n

\u201cI want to say there were 15 to 20 offers,\u201d Smitherman says. \u201cThe seller selected the top three \u2014 ours and two others \u2014 and ultimately kicked it back to everyone asking that we rebid at a higher price. I think we ended up winning by $1,200.\u201d<\/p>\n

Smitherman credits the HomeLight Cash Offer program for their successful bid.<\/p>\n

\u201cThe beauty of the all-cash offer is that we ended up getting the very first home we put an offer on, and we actually won,\u201d he says. \u201cI don\u2019t think that happens for everybody, and I think the cash offer was critical to us getting the offer accepted.\u201d<\/p>\n

\"A<\/a>
<\/a> Source: (Kim Carlsen of Team Navigate<\/a>)<\/figcaption><\/figure>\n

A fast close sweetens a strong cash offer<\/h2>\n

For sellers, not having to wait for (and worry about) their intended buyer having to secure financing is a huge advantage.<\/p>\n

And a fast close makes a great deal even better.<\/p>\n

\u201cThe sellers gave us the specifications of what they cared about the most, and they said all-cash offers are attractive, and fast closing dates are attractive,\u201d Smitherman explains.<\/p>\n

As it turned out, the Smithermans\u2019 original offer to close in just seven days was too<\/i> fast for the sellers.<\/p>\n

\u201cThey still needed to move all their stuff out, so I think we had a 10- or 15-day close,\u201d recalls Smitherman. [Ed. note: He\u2019s right! It was an 11-day close.]<\/p>\n

The Smitherman family is now happily settled into their new home, with plenty of space for work, play, and daily life. And the couple is still grateful for their experience with HomeLight Cash Offer in making it all possible.<\/p>\n

\u201cThe financing offers are really great, but it\u2019s the communication and partnership components that tie everything together,\u201d says Smitherman. \u201cThis is our first home together, so I don\u2019t have many points of reference, but I just hear horror stories of people wanting to put an offer on a home and all of a sudden the mortgage brokers are just MIA, you can\u2019t get ahold of them, it\u2019s like, \u2018Hey, we\u2019re trying to get this done and you\u2019re not around, do you actually want to have our business?\u2019<\/p>\n

\u201cHomeLight partnered with our agent and just made the experience fantastic. The communication loop is really short, there\u2019s not a lot of lag time between sending emails and texts and so forth. Overall, amazing turnaround time.\u201d<\/p>\n

Header Image Source: (Craig Pattenaude \/ Unsplash)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

In today\u2019s real estate market, many buyers write multiple offers on several homes before they go under contract. But in Sacramento, HomeLight Cash Offer recently helped one couple buy their first home together on the first offer they wrote.<\/p>\n","protected":false},"author":140,"featured_media":30306,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"cybocfi_hide_featured_image":"","footnotes":""},"categories":[193],"tags":[],"class_list":["post-30297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-for-agents"],"acf":[],"yoast_head":"\nHow HomeLight Cash Offer Helped These Sacramento Buyers Win Their First Home With Their First Offer<\/title>\n<meta name=\"description\" content=\"In today\u2019s real estate market, many buyers write multiple offers on several homes before they go under contract. 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