Benefits of Selling Your House to a Real Estate Investor
Selling your house is among the difficulty assets to dispose, it can not be compared to selling other assets like vehicle. There are several options in which one can sell their house which includes listing with a realtor, Selling it by yourself and thirdly selling it directly to an investor in real estate. When looking to sell your home, you should consider going for the choice of a real estate investor than the other two options. Here are advantages of selling your house to a real estate investor.
There is an advantage of getting quick money when selling your house directly to an investor in real estate. When you are selling your house to satisfy a need for cash such as for relocation purposes, a real estate investor is the best option to go for. While selling to a buyer brought by a realtor may take time because of waiting for loan approval to buy the house, a real estate investor always has ready cash to buy the house if they have liked it. You are likely to receive your cash for your house in less than 24 hours after you have agreed on the price of the house with the investor.
You have the benefit of getting out of your mortgage or any other house loan you took. Since an investor pays for the house in cash, if you have a mortgage and other loans you could have taken, the cash from the investor will offset the liabilities and make you free. When you have agreed with the investor, besides giving you cash for the house, they can buy your mortgages and other loans to make you free from the liabilities.
There are no real estate agent fees to be paid. When you sell your house with a real estate agent, you are going to pay them some commission and probably some listing fees, these amounts are agreed on upfront. When you sell your house to an investor, you are going to receive the agreed amount without any deductions whatsoever, there are no commission or listing fees. When you sell your house through a realtor, you are likely to receive less money as compared to selling it to an investor in real estate.
Selling your house to an investor gives you the cushion not to move out immediately. While selling your house to a traditional buyer will need the house to be empty after buying it, an investor can buy the house while you’re in the house and give you time to relocate. You should stand firm on your interest when selling your house to an investor in real estate.