There are various options for selling a house. these ways are usually dependent on certain factors such as time, costs to be incurred. A homeowner may consider a real estate investor if he is in a hurry to sell the house. Furthermore, selling the house to a real estate investor may be the best option if the homeowner does not want to do any renovations to the house.
To begin with, selling a house to a real estate investor is time-saving. this is because once an investor is contacted, the investor takes a look at the house to be sold. Agreement on cash is made on the spot considering the quality of the house. This is done within a period of 24 hours. Listing with a realtor is slower as compared to selling to a real estate investor. Costs may increase as selling time of the house increases, for example, realtor’s commission. Hold-ups may be experienced when listing with a realtor since the house has to be refurbished. There is no need to wait for cash by the homeowner as payments are made on the closing date.
A homeowner may save on costs when selling a house to a real estate investor. There is no need for repairs when selling the house to a real estate investor. The investor examines the house state and sells it as it is. Selling of your house to a real estate investor is different from listing to a realtor since the house has to be repaired first to better its state. Furthermore, the realtor has to be paid a commission as opposed to the investor who does not charge for the services. Since here are no delays, there are no extra costs that arise such as house maintenance.
The homeowner may get fast cash by selling his house to a real estate investor. The investor inspects the house of the homeowner and an offer is made there and then. It may take months when a homeowner decides to mortgage a house. Mortgaging may take longer because it has to be inspected by the bank for damages before payment approvals.
Selling your house to a real estate investor results to fast closure. A fast closure may be as a result of no renovation and repair requirements. The fast closing of the house is as a result of offers being made instantly. As a result, fast closure is experienced by homeowners due to no delays. All in all, selling your house to a real estate investor now is advantageous in circumstances where the homeowner wants fast cash and fast house sale.