Reasons Why You Should Sell Your Home to a Real Estate Investor.
There are many methods a person can use to dispose of their property. The first strategy involves listing the home with a realtor while the second method entails selling the property directly to a real estate investor. This article highlights some of the reasons why you should sell your home to a real estate investor.
. When selling your home directly to a real estate investor, you will get a deal within twenty-four hours. A real estate investor will come to your home and access the property and table a proposal for the home. But when listing the home with a relator an individual will have to wait for several months for the real estate agent to market and advertise the property the home to get a suitable home buyer.
The second benefit of selling a house to a cash buyer is that you get money fast. It is important to note that after offering you the deal, you will agree on the fair valuation of the property at it is with the cash buyer. After you have come to an understanding, a cash buyer will be able to give you money immediately for the home or wait for you to move either of which you will be the one to decide. This is because real estate investor have ready cash to buy your home and does not depend on mortgage loans.
However when listing your home with a real estate agent, after a buyer has been obtained you have to wait for anther extra six months to get cash for your home. This is because many home buyers who buy listed property depend on mortgage loans and this requires time as the bank needs to verify the credibility of the individual before issuing the loan. For this reason selling a home directly to a real estate investor is the best strategy to be used by a homeowner who is avoiding foreclosure of their property or who needs money urgently.
The third advantage of selling a home to cash buyer is that it helps a homeowner avoid payment of huge commission fees. When listing the home with a real estate agent, you will be required to pay massive commission that usually accumulates to more than ten percent the value of the home. Payment of substantial commission fees have an effect of reducing your return on investment.
In conclusion, it is advisable for a homeowner to sell their home directly to a real estate investor as opposed to listing the property with a realtor because of the reasons explained in this article.