Selling to an Investor is Quicker and Easier than through Realtors
Selling a house in today’s market is tough and can be very frustrating. The reality is, there are too many other properties out there for sale, so buyers have other options to choose from. So unless you agree to a price way below what is fair, you might find yourself waiting months before you manage to find someone who will take your property.
Many people think that hiring a real estate agent is the only other option than selling the house themselves. However, both options would not necessarily help you turn over the property quickly. Moreover, these options do not allow you to sell the home in its current condition.
There is a third option for homeowners – to sell to an investor. For many, this is the best way to get rid of their property quickly and without much hassle. Below are the reasons why you should consider this method.
- Different Modes of Payment
When you sell to an investor, you can dictate how you want to be paid. It may be in cash or even by taking over the mortgage.
- No Repairs Necessary
One of the top benefits of selling to an investor is the possibility of selling the home as it is. This saves you a lot of time and money, which not a lot of people can afford. Because investors buy properties with the intention of renovating and reselling it, they will take your home in its current state.
- Quick Resolution
No one wants to take months selling their home, plus properties that remain unsold for a long time have the tendency to depreciate. When you sell to an investor, you will also skip a lot of the usual steps like appraising the property, waiting for approval of the bank, and inspection of the property. In fact, it might even be possible to close the sale in a week.
- Less Time Wasted on Negotiation
Investors will not use up a lot of time trying to negotiate the price. They will make an offer within a few days, so you can quickly get rid of the property. You have the choice between accepting this offer or trying to see if you get a better one.
- Mortgage Takeover
Many homeowners sell due to the inability to continue paying the mortgage, which is part of the reason why they want it sold as soon as possible. Unpaid mortgage payments might force you to declare bankruptcy, which is even worse. Instead, you should seriously consider selling to an investor so you can quickly get out of this mortgage and free yourself from debt.
- Ease of Relocation
One of the biggest reasons why many do not want to be tied down to a property with good public transport connections is to have the freedom to pack up and move to another city. You won’t have to say no to a great job offer somewhere else, and you can sell your house quickly to an investor.
While selling to a real estate investor might also not be the best option for everyone, especially if they are willing to wait awhile before somebody snatches it up, it is still great to have an option of a quick sale. This way, in case of an emergency or simply due to the need to get rid of the property quickly, homeowners have many more possibilities available.