Importance of Selling a House to an Investor.
There are many techniques a homeowner can use to sell their home. The major strategies an individual can use when they are selling their homes include selling directly to a real estate investor or listing their home with a real estate agency. The two methods have their advantages and disadvantages. It is important to note that when you are selling your home through a real estate company they will normally undertake all the activities regarding the sale process. After they have sold the house, the homeowner pay some fees for the services offered.
The next method you can use when selling your home involves searching for a real estate investor to purchase the property directly from you. This method has gained popularity because it offers many advantages to the homeowner compared to the first procedure where you are required to list your home with a realtor. This article therefore discusses some of the benefits of selling your house directly to a real estate investor.
The first benefit of selling a house to an investor is that is quick. When selling your house to an investor, the deal normally takes two days and the money availed in your bank account within twenty four hours. This is because investors who buy houses have cash and does not depend on any loan for the purchase.
When listing your house with a real estate agency the process normally takes a minimum of six months. It is important to note that many clients who buy house via real estate company normally use mortgage as their main source of funding. It is important to note that banks needs a of data when processing loan application for people who want mortgage financing. In some instances individuals are denied mortgage funding after making the application based on several factors. If this happens during the sale of the house, the real estate agent need to consider looking for a new buyer and start the whole process again. Such circumstances can make your to be in the market for more than one year. Selling your house through a real estate agent is therefore not recommended to people who want money urgently for their homes. Therefore if the homeowner needs cash urgently then they need to sell their house to a real estate investor.