When one is planning to sell their property, the first thing that one probably thinks about is listing their home with a realtor to assist them put it on the market. If, you are in dire need of cash, you will realize that this method is time consuming and more costly than you imagined. But this is not your only option, instead, you can consider selling your home to an investor and get quick cash.
Most likely, you may not be familiar with how investors work, but this is something that is worth considering. There are many benefits that are linked with selling a home to an investor. Here are some of the benefits associated with the cash home sales.
Listing your home with a realtor can be a time-consuming process. Your home may be marketed through advertising and open houses with an average listing agreement of six months. Once a potential buyer has been found, he or she may have to qualify for financing which may further cause delays or an end to the deal.
When selling your house to an investor, this will not happen as they will readily buy your house for cash and close the deal right away. This is quite beneficial especially if you are in a situation that requires quick cash. Within 24 hours, the investor will have made a cash offer, and within a few days they will be handing your cash over.
Sell Your House in its Condition
When selling your home through a realtor, the odds are that the potential buyer expects a home that is in good shape. You may be required to replace the roofing, install a new roof, repaint both the inside and outside, and other things. The disadvantage with this is that you might spend a lot of cash with no guarantee that you will sell the house at a price that will recover your investment.
Cash home buyers differ in that they buy the home in its current condition saving you from having to spend more money on renovations.
NNo Extra Fees
By selling through a realtor, you will have to pay a commission charge or flat fee based on the agreed-upon percentage of the selling price. Investors differ in that they don’t ask for any commissions and also don’t have any hidden charges.
If you lagging behind with your mortgage payments and your lender is threatening foreclosure , you may be stressed up and need a quick solution. The investors or cash home buyers can help you avoid this foreclosure and give you the cash that you need to move on.