Why You Should Sell Your House to d[”an Investor
When thinking of selling a house, people usually immediately consider listing the property with a realtor. However, this isn’t your only option out there. Rather than doing it the conventional way, you can sell your house to an investor and expect many significant advantages.
Selling your house through a realtor can take a lot of time. Even if someone shows interest in the property, they will still probably have to qualify for financing, which only delays the process further. If you plan to sell to a private buyer, the sale can also be contingent on your house passing an extensive inspection, which is isn’t always assured.
On the other hand, real estate investors will buy your house with cash and close the deal immediately. This can be a huge advantage if you’re selling the house to meet an urgent need for cash. Within 24 hours, investors can make a no-obligation cash offer, and you will usually receive your payment in just a few days.
No Repairs or Renovation
Selling a house the traditional way means doing repairs or renovations with the goal of making the property desirable for potential buyers. You may, for instance, have to improve landscaping, repaint your home’s interior and exterior, install a new roof, etc. Worse, you could end up spending a big amount of money without any assurance that you will be able to sell the house at a price that is enough to recoup your investment.
In contrast, real estate investors will buy your house at the current state it’s in. That means you need not spend for any repairs or renovations. The purchase price will understandably be adjusted as necessary.
No Need to Clean
Traditional buyers will want the house to be immaculately clean before they move in, so that is one more thing you have to spend time, energy and even money on if you decide to go this route. If you sell the property to an investor, you don’t have to do that. That means you can save time, energy and money. Whatever you want to take, take it and then leave the rest.
Zero Fees and Commissions
Real estate agents don’t work pro bono. Each time you use their services, they either get a commission (around 6% of the purchase price) or a fixed fee. That is true, regardless of the work that the agent puts into your transaction. If you sell your property to an investor, there is no need for you to make such payments.
These are the general advantages of selling your house to a real estate investor, but remember that not all of these companies are the same. Hence, you need to do some research prior to deciding which of them is the best for you.