it is important to note that owning a house is an essential investment that many people make.Therefore when selling the house, you need to obtain the best deal possible to ensure you get value for your money. There are many strategies an individual can use when selling their house. An individual can decide to use the conventional method where you list the property with a real estate agent. The second method involves selling the house directly to a real estate investor.
The two strategies have their unique advantages and disadvantages however many homeowners prefer the second method than the first method. This is because selling the house directly to a real estate investors has many advantages compared to listing the property with a real estate agent. This article therefore explains some of the advantages of selling the house to a real estate investor as opposed to listing your house with a real estate company.
The primary reason why you need to consider selling your house to real estate investor is the fact that it is the quickest strategy an individual can use to dispose their property. You will be able to get the money fast and easily with minimal hustle. This is due to the reason that cash home buyers normally have ready money to purchase your property. Once you have come into contact with a real estate investor, they will first examine the property and put a deal on the table within twenty-four hours. You will negotiate with the cash buyer and after you both have agreed on the price you will have money in your account within seven days.
It is important to note that this quick sale procedure is not possible when listing your house with a real estate company. Buyers who buy listed properties normally use mortgage financing to provide payment. The bank can take several months processing the mortgage application before it finally offers the loan to an individual. In some cases the process may not be successful in which case the real estate agent starts the whole process again looking for another buyer. This process of getting a buyer when your house is listed may go on for several months. Thus when you need money urgently or you are avoiding foreclosure of your house, you need to sell your house to a real estate investor.
The second reason why you need to sell your house to a cash buyer is that they will purchase the property in its current state. It is important to note that cash buyer will buy the house as it no need to incur expensive repair costs. When listing the house you will be required to make it look perfect.