Importance of Selling a Home to a Real Estate Investor
There are many reasons why an individual can decide to sell their home. An individual will need to move from their home for many reasons including if they need a bigger house as the family grows, if they get a job transfer, or if they have a financial emergency that needs urgent attention and selling the home is the only option. There are many ways of selling a home. But the two commonly used methods involves selling a home directly to a real estate investor or listing the property with a real estate investor. Currently many homeowners like selling their homes directly to a real estate investor as opposed to listing it to a realtor. This report explains some of the advantages of selling a home to cash buyer.
The first advantage of selling a home to a real estate investor is that it fast. All you need to do when selling a home to a cash buyer is to get them to your home to view the property. It is important to note that cash buyers provide homeowners with a deal for the house within twenty four hours after seeing the home. However when listing a home with a realtor you will have to wait for many years because there is need to search for a potential buyer. This is because the realtor will have to advertise and showcase the property in order to find a suitable buyer.
The second benefit of selling a home to a real estate investor is that it offers first cash availability. It is important to note that a real estate investor will be able offer money for the house immediately you have both agreed on fair valuation of the home. Real estate investors have cash to buy your home and do not depend on bank loans. On the hand when listing your home with a realtor you will have to wait for several months for the loan to be processed usually six months. For a homeowner who needs money urgently the best alternative to use to sell their home is selling to a real estate investor. If you are avoiding foreclosure of your home, the perfect option is selling to a cash buyer.
The third advantage of selling a home to a real estate investor is that it does not involve payment of commission. When listing a home with a real estate agent you will be required to pay a ten percent commission for the services offered. This reduces your return on investment and you don’t get the full value of the home.