It is quite a challenge for many homeowners who have never sold their home, to do so for the first time. They find it challenging since there are so many real estate companies that handle buying and sale of houses. However, for those who want to sell their houses with no much technicalities, the best option is dealing with a real estate investment company. Apart from this, there are many more advantages of selling your house to a real estate investor as discussed below in his article.
One of the best reasons to sell a house to an investor is that the house owner is not required to repair the house in order to sell the house. The house is usually bought “as is”. The real estate investment company takes up the responsibility of repairing the home. Nevertheless, the value of your house will decrease because of its state. As a homeowner, you will be exempted from the tedious work of renovating the house.
For the homeowner, selling the house to an investor is very convenient because the process is fast. Compared to the time taken to conclude a sale in the multiple listing services, selling a house to an investor takes a very short time. If a seller takes their house for listing services, they have to keep checking if it has found a potential buyer from time to time which makes it costly. Thus, the homeowner enjoys convenience, and also gets to save a lot.
When selling your house to an investor, you get paid in cash. This would be a huge advantage especially if you had an urgent need for cash to stop foreclosure. Once you give an investor your proposal to sell the house, they will immediately make a visit to assess the condition of the house. You will be given an offer for the house shortly after assessment. If the offer is agreeable, documents will be prepared to finalize the sale.
When dealing with an investor, there are no middlemen involved in the sale. By doing this, the house seller is able to save a lot of money that would have been paid to the middlemen as their commission. The seller can, therefore, save some money which would have been paid as commission to do other things. It is normally calculated as a percentage of the sale price of the house. If the house has a high value, the seller will have saved a lot of money in terms of commission. It is also a good thing when one does not have middlemen since some of them are unscrupulous. However, it is vital for the house seller to ensure that the investor is genuine to avoid problems.