If you need to sell your home fast but have a limited time to do so, consider the benefits of home selling to an investor. Below are the top 5 benefits of selling your home to a real estate investor:
1. Investors Pay Cash
Real estate investors have the finances to pay you cash for your home flat out. If you accept the offer an investment company makes to buy your home, you will receive cash (or check payment) on the date of closing. Upon signing on the dotted line and selling your home to them, you will receive your payment. This is ideal for those who are struggling financially, need money to move, or for other expenses, you might be struggling to pay off.
2. Investors Buy Your Home “as-is”
If you are the type of homeowner who simply doesn’t want to do work on the house, doesn’t have time, doesn’t have the financial resources, or would otherwise like to skip this process, a real estate investor is the route to go when selling your home. One of the greatest benefits of choosing an investor is that they’ll buy your home “as-is”. “As-is” truly means they are going to buy the property as it is, on the date that you agree to the terms and offer which they make on the property to you.
3. Promise of a Quick Sell
When you sell to an investor, you receive an offer generally within 24 hours of your request. No waiting around, hoping that an open house or some other marketing will help get your home sold. Simply call the investment company you’re interested in, have them come to the home and assess it, and an offer can offer is can oftentimes be made on the spot. From there, you can choose to accept, make a counter-offer, or decline. It’s up to you. But, you will receive a fast offer, meaning no waiting around for long periods of time.
4. Avoid Foreclosure
Have you been receiving foreclosure notices? Is the bank threatening to repossess your home? If so, selling to a real estate investment company might be the solution you have been looking for. Not only do they buy homes as-is, but they will also pay cash once you sign the offer acceptance sheet. In many cases, the real estate investment company can take over your mortgage, and allow you to rent the property from them if you want to remain in the home.
It’s a great way to avoid having a foreclosure hit your credit score hard and putting your family at risk. If you simply can’t sell it quickly enough or don’t have the money to come up with if you are behind on mortgage payments, this is an option for you to consider as a homeowner who is struggling to make ends meet. It might not be the ideal situation, but it can get you out of a difficult situation you may currently be in.
5. No Commission Costs
When selling to an investor, you forego the commission check you would otherwise have to hand over to your realtor. The company does not charge a fee for its services. The offer which is made to you for the property is the amount you are going to receive on the date of closing on the home’s sale.
Most motivated sellers or “Distressed Home Sellers” should consider the benefits of home selling to an investor for a quick, stress-free, instant cash, home sale turnaround.