Advantages of Selling Your House to a Real Estate Investor
One of the hardest assets to sale is your house, it is not like selling your car. There are three ways in which one can sell their houses namely, selling through an agent in real estate where they list your house, selling it by yourself and lastly you can sell it directly to a real estate investor. When looking to sell your home, you should consider going for the choice of a real estate investor than the other two options. Read this article to learn some of the reasons why you should sell your house to an investor in real estate.
Selling your house to a real estate investor gives you quick cash. Sometime you may have a dire need for cash to relocate or do other things, in such a time, selling your house to an 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. A cash transaction from the investor in real estate can be used to offset your loans and mortgages and make you free from such liabilities. An investor in real estate can also take over your mortgage from your bank and free you from the liability.
No agency fee is entitled to any agent in real estate. Selling your house through the traditional approach of using a real estate agent, you are going to be liable to pay them some agency fees which is agreed on upfront and also pay some listing fees. When selling your house to an investor, there is no room for commissions or listing fees to be deducted from the value of the house, instead, you receive the agreed value of the house. 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. Finally, you should always keep your interests at heart when selling your house to an investor, fight for your interests.
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