Benefits of Selling a House to an Investor.
There are many ways an individual can use to sell their property. But the two common methods an individual can use to sell their homes include selling directly to an investor and the second option involves listing the house with a real estate agent. It is important to note that the two strategies have benefit and limitations. Listing the property with a real estate ensures that they undertake the whole procedure which include marketing the house, showcasing the house to potential clients and finally overseeing the sale procedure. After they have sold the house, the homeowner pay some fees for the services offered.
The second method of selling the house involves looking for a cash buyer to purchase to purchase the property directly from you without listing it with any real estate agency. This method has gained popularity because it offers many advantages to the homeowner compared to the first procedure where you are required to list your home with a realtor. This article therefore discusses some of the benefits of selling your house directly to a real estate investor.
The first importance of selling of your house directly to a real estate investor is that it provides the quickest method an individual can use to sell the property. When selling your house to an investor, the deal normally takes two days and the money availed in your bank account within twenty four hours. Real estate investor who buy houses from homeowners normally have cash and does not rely on some credit funding in order to buy your property.
Contrary to selling to an investor, when you contract the services of real estate company, the process of selling your house normally takes a period of six months. This is because most buyers who purchase the property using the services of real estate agent normally use mortgage for the purchase. It is important to note that banks needs a of data when processing loan application for people who want mortgage financing. The acceptance is not normally guaranteed and in some cases banks denies people mortgage funding based on different reasons. If this happens during the sale of the house, the real estate agent need to consider looking for a new buyer and start the whole process again. These situation can make your house to be in the market for more than one year. Listing your house with a real estate agency is therefore not recommended when you want money for your home fast to sort out some urgent issues. Therefore when you need money urgently for your property, you need to sell your house to a real estate investor.