Advantages of Selling a House to a Cash Buyer.
There are several ways an individual can sell their house. The first strategy available for homeowners involves listing the house with a realtor. This is the oldest technique that has been used by many in the past to sell their homes. The second strategy of selling the house involves looking for a real estate investor to buy your cash for cash. This is the modern strategy that is gaining popularity among many current homeowners selling their property. It is imperative to understand that both the techniques have advantages and disadvantages.
Selling the house to a real estate investor is beneficial because you will enjoy the real value of the house without paying expensive fees and commission to real estate agents. This report highlights some of the benefits of selling your house to a cash buyer.
The first benefit of selling a house to a cash buyer is that it is the quickest method available to homeowners. When selling directly to a real estate investor, they will come and view your property and give you a deal within twenty-four hours. After negotiation with a real estate investor, they will be able to provide you cash within three days or when you are ready to move out. It makes selling to an investor the fastest method available to people who need money urgently or are avoiding foreclosure of their houses.
On the other hand, when listing your house with a realtor, you will be required to wait for a minimum duration of six months or even more. This is because buyers who purchase homes from real estate companies use mortgage funding and the process is normally long before the banks approve the loan request. In some cases, your property may remain listed in the market for many years before the real estate agent gets a qualified mortgage buyer to purchase your home. Hence it is beneficial to sell your house to a real estate investor because they have ready cash and does not depend on any loan funding.
The second reason why you need to sell your property to a real estate investor is because they will purchase your house as it is. When disposing the property to a real estate investor for cash, they will bargain with you the fair market value of the house as it is. On the other hand when listing your property with a real estate agent, you be required to undertake various repairs, and home improvements task such as landscaping and roof repair.