When planning to sell a home, the first thing that comes in mind is listing the property with a realtor to have it put on the market. If, you are in dire need of cash, you will realize that this method is time consuming and more costly than you imagined. But the good thing is that doesn’t have to be your only option as you can sell your home fast to an investor and get cash for it within a short time.
You may not be familiar with the process of selling your home to an investor, but it is worth considering especially if you are looking for a quick sale. The benefits of selling a home to an investor are many. Here are some of the benefits associated with the cash home sales.
Listing a house of realtors can be a time-consuming process. Your home may be marketed through advertising and open houses with an average listing agreement of six months. Once a potential buyer has been found, he or she may have to qualify for financing which may further cause delays or an end to the deal.
Investoprs are different and will offer you a quick cash sale for your property and will close the deal right away. This is an important aspect of these dealers especially if your situation calls for quick cash. The buyers will make a cash offer within 24 hours, and after a few days, your cash will be ready.
Sell Your House in its Condition
When selling your home through a realtor, the odds are that the potential buyer expects a home that is in good shape. You may be required to replace the roofing, install a new roof, repaint both the inside and outside, and other things. You might do all these things and end spending huge amiounts of money with no guarantee that you will sell it at a price that will recoup your investment.
This is not the case with the cash home buyers as they buy the house in its current condition so you won’t have to spend money on repairs.
When selling through the traditional real estate agents process, a flat fee or a commission must be paid based on the agreed-upon percentage of the selling price. Investors have no commission charges and no any other hidden charges.
If you happen to be behind with your mortgage payments and the lender is threatening to foreclose your home, you may end up in a dilemma. With the investors, you are guaranteed of getting quick cash that you can settle the mortgage and move on.