Most certainly, there are several ways to sell your house, but not all of these options are going to be available to you anytime. When in a rush to find a buyer, for example, listing the property with a realtor will be hardly smart. But selling it to a real estate investor sure is.
Here are the specific reasons you should consider a real estate investor when planning to sell your home:
Among the major benefits of selling your house to a real estate investing company is the fast cash you get. After you get in touch with them and they have seen your home, you can get an offer within 24 hours, which is impossible with the traditional method. You need not wait for offers days, weeks or months down the road. And right on the closing date, you receive your cash. No waiting for the buyer to fix their financing or other issues that stall payment.
No Extra Costs
If you sell your home to a real estate investment company, there will be no agent commissions to pay. As we mentioned earlier, after the investor has examined your home, they will offer you the exact price that you will be receiving at the time of closing. That means no hidden charges whatsoever.
No Renovation Expenses
Unlike selling your house to a direct buyer or via a realtor, you need not spend for renovation or repairs if you sell your property to an investor. Your house can be sold “as is” and its price will be adjusted by the investor as needed.
Because of the fast process, selling your house to a real estate investor is often the best way to avoid foreclosures. Apparently, the typical method will not be effective in this situation.
If you sell your house using a real estate agent’s services, you could be looking at a minimum of three months and this can even go up to a year, depending on location and current conditions in the market. Delays cause costs to build up, such as months of property taxes, mortgage payments, insurance, property taxes, etc. Therefore, aside fro time, selling directly to a real estate investor even allows you to save money .
By now, it should be clear that selling your house to an investor is your best option if time is not on your side. Provided you’ve done your homework, this will prove to be a wise one. There are many companies or individuals who can buy your property for cash, but you always have the freedom to choose.