Top Reasons Why It’s Smart to Sell Your Home to a Local Investor If you’ve been thinking about exploring the option of selling your home or property to a local investor, then you’re not alone. Well, the reason why selling your home to a cash buyer is rapidly becoming the preference for many sellers is because selling it the old-fashioned way just takes too long and the steps involved can sometimes be overwhelming. The best thing about dealing with investment companies or property investors is that they make it a point for the entire home buying process to be as smooth and straightforward as possible. But if you find yourself torn between working with a real estate agent or selling your home on your own to a local investor, it’s probably better to first read the benefits of the latter we listed below: 1 – When you sell your home to a property investor, you’ll get your money right away.
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If you don’t know it yet, there’s a huge difference between an investment company and a traditional real estate agent because for the former, your property will be bought with literal cash. Obviously, there’s no way you’re getting cash right away if you choose to go the old route.
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2 – You’re not required to pay for commissions. For those who call themselves skeptics of house selling to investors, they believe that the method does not favor the seller for the reason that the property will be sold for a price that’s lower than its real worth in the traditional real estate market. Yes, it’s true that you’ll get higher offers for your property in a traditional sale, but one thing you also must know is that the jacked up price will be offset by the fact that you’re compelled to pay the usual 6% commission for the real estate agent and aside from that, you also expect to cover the expenses for staging and making repairs after the inspection. Working with house buying investors meanwhile means you have the freedom to make and close out a deal on your own and without the help of a realtor and you also don’t have to fix any problems in your home before you can sell it. 3 – You get to avoid the stress and complications of a traditional sale. It’s quite true that the opportunity to get cash is the main reason why most people work with investors to sell their homes, but there’s no denying that others also choose this strategy because they no longer have to worry about going through the hassle of traditional sale. One good example of the convenience of selling the house to an investment company is the fact that you no longer have to wait for the potential buyers to offer you a price since they themselves are still waiting to get approved for a loan; and also, you won’t have to do the repairs and cover the costs because the investor will be taking care of it.