When one is planning to sell their property, the first thing that one probably thinks about is listing their home with a realtor to assist them put it on the market. However, if you take your time to go through the process of listing with a realtor, you will find that they are more costly than when selling it directly to an investor and is also time consuming. However, you can look beyond the realtors and think about selling to an investor for cash.
The the process of working with an investor may be new to you, but it is one that is worth your try especially if you need a quick home sale. There are many advantages that are associated with selling your home for cash. This article looks at some of these benefits.
Listing a house of realtors can be a time-consuming process. Your the house may be sold though ads and open house with an average listing agreement of six months. After a potential buyer has been found; they may have to be eligible for a mortgage which can potentially lead to delays or a collapse of the deal.
It is a different case with the investors as they will buy the property with cash and close the deal right in time. This is an important aspect of these dealers especially if your situation calls for quick cash. Within 24 hours, the investor will have made a cash offer, and within a few days they will be handing your cash over.
Sell Your Home in AS-IS Consition
When it comes to selling your house the traditional way; the chances are that the potential buyer expects that it is well maintained. You may be required to replace the roofing, install a new roof, repaint both the inside and outside, and other things. By doing so you may end up spending a lot of cash with no guarantee that you will sell at a price that can recoup your investment.
Cash home buyers differ in that they buy the home in its current condition saving you from having to spend more money on renovations.
NNo Extra Fees
When selling a home through a realtor, you will be required to pay a flat or commission fee based on the agreed-upon percentage of the selling price. Cash home buyers don’t ask for any commissions and have no 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. The investors or cash home buyers can help you avoid this foreclosure and give you the cash that you need to move on.