it is important to note that owning a house is an essential investment that many people make. Hence when you decide to sell your home, you need to look for the best deal available so that you get return on your investment. It is important to note that there are several strategies an individual can use when selling their property. 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. The homeowner will be able to get money quickly without many hustles. This is because real estate investor normally have ready cash to pay for the house. Once you have identified a real estate investor, they will come and view the property and propose a deal 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. It is important to note that when listing your house with a realtor it can take several months before a buyer is obtained. Therefore when you want money urgently, or you are avoiding foreclosure of your house you need sell your house to a real estate investor.
The second advantage of selling your house to a real estate investor is that they will buy the house in its current condition. There is no need to carry out expensive repairs and home improvements activities because the investor will buy your house as it is. When you listing your property the realtor will demand that you do all the necessary repairs so that the house looks perfect.