Benefits Associated With Selling a Home to a Real Estate Investor
The decision to sell your house can be triggered by several factors such as the need of money for emergencies. Apart from a realtor, you can also sell your house to a real estate investor. Note that selling your house to a real estate investor has a lot of advantages over a realtor. Read on to learn some of the advantages of selling your home to a real estate investor.
The condition of the house does not matter when you are selling your home to a real estate investor. Other facilities that require the real estate investor will handle the repair. The other benefit associated with selling a house to a real estate investor is that you will not have to relist, which is a requirement with an agent in case your house is not sold within an agreed duration.
Another benefit associated with selling a house to a real estate investor is that they will buy the house irrespective of the market. While a realtor will prefer to buy your home in a stable market, a real estate investor will buy the house when the market is rough and make it attractive to sell when the market stabilizes. Besides, a real estate investor does not care about the neighborhood; high crime rate or loud noise.
You can also rely on a real estate investor when your house is facing foreclosure. They will help you clear with your creditor even if you will still have a bad credit score. Also, a real estate investor pays in cash making the process quick and convenient. Once a realtor find you a potential buyer, it will still take long because they may not have the money to buy the house at the moment. Mostly, the buyer may be willing to pay through a bank loan which is likely to take a long time for the loan request to be approved.
Selling your home to a real estate investor is also advantageous because it does not involve complicated paperwork. By selling to a real estate investor, the deal will be between the two of you, so no third parties involved. While an agent will need you to pay commission fees, a real estate investor does not charge you any amount. Similarly, you will not be required to pay closing costs; hence you get the full value of your house. It goes without mentioning that selling a home to a real estate investor is advantageous and beneficial in several ways.