Reasons For Selling a House to a Cash Buyer
There are many ways of selling a house. The method an individual will use when selling their property will be determined by the urgency for money. For a homeowner who requires money for emergency purposes or who are avoiding foreclosure of the home, selling the house to a home cash buyer is the best alternative compared to listing the property with a realtor. It is important to note that real estate investors have ready money to purchase your home. Home cash buyers have ready cash to purchase your home and don’t depend on mortgage loans that take twelve months to be approved. Apart from fast cash availability, there are many benefits of selling your home to a real estate investor as opposed to listing the house with a real estate agent. This article explains some of the benefits of selling a home to a real estate investor.
The first benefit of selling a home to a real estate investor is that it is fast. Selling a home to a real estate investor is the quickest method a homeowner can use when it comes to disposing of the property. This is because a real estate investor will come to your home and examine the property after that give you an offer within twenty-four hours. If both of you negotiate and agree on the value of the home you will be given cash immediately or on the date of moving.
The second advantage of selling a home to a real estate investor is that they accept the property as it is. If you prefer to list your home with a realtor you are required to do various home repairs to make the property look perfect. It is important to note that home repairs for instance bathroom remodeling and roofing repair need a lot of cash. But when selling the house directly to a cash buyer, it is not a must that you do the home repairs. For homeowners who lack money to undertake repair projects, selling the house as it is to a cash buyer is the ideal method.
The third advantage of selling a home to a real estate investor is that there is no commission payment. When listing your home with a realtor, ten percent of sales value is used as commission payment for the services provided. When selling directly to a real estate investor you don’t need a realtor hence there is no commission payment.
In summary, there are many benefits of selling a home to a cash buyer than listing the property with a realtor.