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. As old as it is, the method of selling homes through realtors is often time consuming and expensive, but not the only choice you have. People have different reasons for selling their homes, but regardless of your reason, you should consider doing business with a real estate investor, although it might still be a new concept to you. If you are planning to sell your house, you should consider selling to a real estate investor for the following reasons.
Instead of listing your house on the market for up to six months waiting on a buy, a real estate agent is ready to close the deal within twenty-four hours at most. Selling to a real estate investor favors you since it is fast and saves you a lot of valuable time. Unlike selling through realtors where clients have to apply for loans from banks which might take time or might not come through, a real estate investor pays with cash.
If you are selling your home through a realtor, he or she will not list it on the market if it is in a poor condition, you will have to carter for the repair expenses before it can be listed. If your house needs repairs, the purchase price will be adjusted accordingly by a real estate investor and will offer what they feel is the value of your home in its current 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. If you are under foreclosure, you will need to sell quick which makes selling to a real estate investor a god option for you. Real estate investors are buying properties with the goal of renovating and then reselling them, they don’t care where he house is located, they will buy it.
However, a real estate agent will buy your inherited home regardless of its condition, and might even arrange moving services for you. Selling your home to a real estate investor favors you because you will not have to lift a finger doing any cleaning, they will buy the house the way it is. If you are looking to sell your house fast without all the complicated paperwork, it is beneficial you consider a real estate investor.