Advantages of Selling a Home to a Real Estate Investor
When it comes to selling a home, there are many methods an individual can use. When selling your home, the choice on the option to use will be determined by how fast you need the cash. If you need cash urgently or you are voiding foreclosure of the home, you need to sell your property to a real estate investor as opposed to listing the home with a real estate agent. This is because unlike home buyers, real estate investors have ready cash to buy your home. They don’t rely on mortgage loans that can even take one year to mature. Besides quick availability of money, there are multiple reasons for choosing a cash buyer when selling your home than listing it with a realtor. This article explains some of the benefits of selling a home to a real estate investor.
The major reason why many homeowners prefer selling their homes to a real estate investor to listing their property with a realtor is that it is simple and fast. It is important to note that selling a house to a cash buyer is the fastest method you can use . Home cash buyers will give you a real within twenty-four hours after looking at your home. When selling to a real estate investor, they will give you cash for the home after successful negotiation process on the value of the house or on the date of moving out.
The second reason why you should sell your home to a cash buyer is that they will buy the property in its current condition. If you prefer to list your home with a realtor you are required to do various home repairs to make the property look perfect. Home repair projects such as remodeling and roof repairs require a lot of money. Real estate investors will buy your home regardless of the current condition. For homeowners who lack money to undertake repair projects, selling the house as it is to a cash buyer is the ideal method.
The third reason why you should sell your house to a cash buyer is that there zero commission fee. It is important to note that real estate agents take a minimum of ten percent of the total amount of the money received by the homeowner when he or she lists the house with the realtor. However, when selling a home to cash, no realtor is involved. Hence you are not obligated to pay any commission.
In summary, there are many benefits of selling a home to a cash buyer than listing the property with a realtor.