When you are planning to sell your home, the first thing that comes to mind is listing with a realtor who will help you put it on the market. However, this method can be expensive and time consuming than you realize, but it is not your only option. Selling your home to a real estate investor might be an option you are not well familiar with but one that you should strongly consider. Selling your home to a real estate investor comes with the benefits discussed below.
If you are dealing with a real estate agent, they are ready to pay you cash and close the deal fast, which is convenient for you, especially if you are looking to sell fast. A person looking to buy your home through an agent will probably have to apply and qualify for a loan, which only consumes more time, while the inspection procedure has to happen too. A real estate investor will present you with a no-obligatory cash for your house within twenty-fours and you will walk away with the cash immediately the deal is closed.
The new owner of your home will need it in a good condition, which means you will have to pay for repair expense if you are selling through a realtor. Real estate investors will make you an offer they feel matches your house in its current condition and will bear the expenses of upgrading the house to a good condition. Selling to a real estate investor is advantageous because they are direct buyers and do not require commission for their services, unlike realtors.
If you list your home on the market through a realtor, it might take up to six months to sell which will not work in your favor if your lender is threatening you with foreclosure, which is usually in three months. Instead of wasting the little time you have listing your home on the market through a realtor, sell it a real estate investor and get the cash to enable you move on. Since real estate investors do not stay in the houses they buy, its location mean very little to them, they will buy your house regardless of its location, pay you in cash and then renovate it with the objective if reselling.
If you have inherited a house and already have a home, you may find yourself needing to sell, but if it remains vacant, if will be difficult to insure and be vulnerable to vandalism, which contributes to depreciation in its value. If you are selling through a realtor, you will be needed to clean the house thoroughly before the new owner moves in. If you are interested in selling your, a real estate investor should be your first priority because of the reasons discussed above.