Owing a house is one of the lifetime investments plan that many people make. Hence when you decide to sell your home, you need to look for the best deal available so that you get return on your investment. There are many ways a person can sell their homes. First is the traditional method, where you list the property with a realtor. The second method involves selling the house directly to a real estate investor.
Many people prefer selling their homes directly to real estate investor than listing their property with a real estate agent. This is because selling the house directly to a real estate investors has many advantages compared to listing the property with a real estate agent. This report highlights some of the benefits of selling your property to a cash buyer instead of listing it with a real estate agent.
The first benefit of selling the house to real estate investor is the fact the process is fast. You will be able to get the money fast and easily with minimal hustle. This is due to the reason that cash home buyers normally have ready money to purchase your property. Once you have come into contact with a real estate investor, they will first examine the property and put a deal on the table within twenty-four hours. After negotiation and you have settled on the price of the house, the real estate investor will provide you with money for your house on the day of moving out usually less than seven days.
This is not possible when listing your house with a real estate agent. It is important to note that individuals who buy listed properties normally use loan financing as a means of payment. Banks normally take several months to process mortgage applications. It is important to note that in some instances the house buyer may not qualify for the mortgage funding making the real estate agent to start looking for a new buyer. This process of getting a buyer when your house is listed may go on for several months. Hence when you want to sell your house quickly or you need the cash urgently you need to consider selling your house to a real estate investor.
The second reason why you need to sell your house to a cash buyer is that they will purchase the property in its current state. There is no need to carry out expensive repairs and home improvements activities because the investor will buy your house as it is. When listing your house with a realtor, you will be required to make the house look new.