Benefits of Selling a House to a Real Estate Investor.
There are many ways a person can use to dispose of the house. The first method an individual can use when selling a house involves listing the property with a real estate company. It is important to note that he is the oldest strategy that has been by many people to sell their homes. The second strategy of selling the house involves looking for a real estate investor to buy your cash for cash. Selling the house to a cash buyer is the current method used by homeowners when selling their property. Both these methods have their advantages and limitation.
When you sell your house to a cash buyer you will be able to eliminate the commission you have to pay when using the services of a realtor this guarantees that you get the full value of the house. This article explains some of the advantages of selling your home to a real estate investor instead of listing the house with a realtor.
The first reason why you need to sell your house to a cash buyer is the fact that it is the fastest strategy for getting cash for your house. It is important to note that selling to a cash buyer simple because they will come and look at your house and provide you’re an offer within a day. After negotiation with a real estate investor, they will be able to provide you cash within three days or when you are ready to move out. Selling a house directly to a cash buyer is the best option for homeowners who need cash urgently or are avoiding foreclosure of their houses.
On the other hand, when listing your house with a realtor, you will be required to wait for a minimum duration of six months or even more. Realtors usually sell the house to buyers who depend on loan funding to purchase the house, the banks need time to process the loan, and this usually takes a minimum duration of six months. In some cases, your property may remain listed in the market for many years before the real estate agent gets a qualified mortgage buyer to purchase your home. Therefore it is important to sell directly to a real estate investor because they have ready cash and does not rely on any loan funding.
The second reason why you need to sell your property to a real estate investor is because they will purchase your house as it is. It is important to note that when you are selling to a cash buyer they will bargain with you the value of the house based on its current condition. When listing your property with a realtor, they will require you to conduct all the repairs and home improvements projects to make the house look perfect.