Importance of Selling a Home to a Real Estate Investor
There are many reasons why an individual can decide to sell their home. An individual will need to move from their home for many reasons including if they need a bigger house as the family grows, if they get a job transfer, or if they have a financial emergency that needs urgent attention and selling the home is the only option. There are numerous strategies an individual can use to sell their property. However the two common methods of selling a home involves listing it with a realtor or selling directly to a real estate investor. Many people like selling a home to a real estate investor as opposed to listing the property with a real estate investor. This report explains some of the advantages of selling a home to cash buyer.
The first benefit of selling a home to a real estate investor is that it is quick. All you need to do when selling a home to a cash buyer is to get them to your home to view the property. After examining the property, a real estate investor will give you an offer in less than twenty four hours. However when listing a home with a realtor you will have to wait for many years because there is need to search for a potential buyer. This is because the realtor will have to advertise and showcase the property in order to find a suitable buyer.
The second reason why you need to sell a home to a real estate investor is fast cash availability. After negotiation on the value of the property, a real estate investor will be able to provide cash for the home immediately or on the day of moving out. Real estate investor have ready cash to buy your home and does not rely on mortgage loans to make the purchase. However when listing a home with a real estate agent, you will have to wait for many months for the mortgage loan to be processed. This therefore implies that if you need cash urgently then you need to sell your home to a real estate investor. If you are avoiding foreclosure of your home, the perfect option is selling to a cash buyer.
The third importance of selling a home to a cash buyer is that it does not involve payment of commission. Selling your home through a real estate agent involves payment of a mandatory fee usually ten percent of the total amount. Payment of commission to the realtor implies you incur an extra cost when selling your home.