Why You Should Sell to Real Estate Investors
Do you want to sell your home fast? That is usually a concern for many homeowners. Traditionally, homeowners turn to realtors whenever they need to sell their homes. Homeowners, however, face frustrations when using realtors. First, the homeowner must list the home and wait until a willing buyer shows up. Because when you would get a buyer is not defined, you stay in uncertainty.
However, investors who buy homes are offering homeowners a better alternative. No list is required and you will be certain on the closing date. This eliminates delays and you will not be in the dark. This is because you just need to submit an online form and the real estate investor will respond within 24 hours.
When you want to sell the house fast, the deal can be closed within a week from the time you accept the offer. However, you can choose your closing date if you need some little time to move out of the house. But you need to ensure the local we buy houses company is a reliable one. Also, there are benefits of selling your home to direct house buyers with cash. Such benefits are as follows.
1. Avoiding foreclosure.
When you purchase a house through a mortgage, the house becomes the collateral for the mortgage. Failure to repay the mortgage will result in foreclosure as the lender seeks to recover the balance. You would lose the entire home even if only small balance is remaining.
However, investors who buy houses will help you stop foreclosure. You can have the deal closed in as little as 7 days. Therefore, you will have enough cash to repay the remaining mortgage. You will also save the balance after repaying the mortgage.
2. No repairs.
When selling with a realtor, repairs will be necessary to attract potential buyers. However, such repairs will not be required when selling to a cash home buyer. A cash house buyer will pay for house irrespective of its condition. Even when the house looks worn out and ugly, a real estate investor will buy it. Since no repairs will be needed, you save time and money that would have been spent of repairs.
3. Sell free of charge.
When you use a realtor, you will be charged a commission for their services. But selling to a real estate investor will not attract any fee or commission. Therefore, the final amount you receive is the one agreed on the offer. The cash house buyer will pay the amount in full.