Every homeowner will agree that it is hard to let their houses go considering that they are attached to it. However, due to various financial situations, it could be your only option. Apart from listing with a realtor, you may consider selling directly to a home buyer. In fact, today, many homeowners prefer dealing with investors over realtors. Here is a detailed discussion on the advantages of selling a home to a real estate investor compared to dealing with a realtor.
Real estate investors buy houses in cash, making the process fast. Imagine dealing with someone ready to pay the full value of your house the moment you both agree. With a realtor, they only act as a link between you and a potential buyer. You may find a potential buyer who is only interested in the house but doesn’t have the money to close the deal. Apart from the fact that a loan process can take long, there is also no guarantee that their request will be approved.
You can sell your house to an investor without considering its current state. The floors maybe are broken or roof falling off. It is better than dealing with a realtor because you will not spend more money on repairs. After the deal, it is their duty to check the damages and find a way of fixing them.
You don’t have to worry about the neighborhood. Sometimes, the neighborhood may be known for a bad record in the crime rate or even loud noise. A realtor will definitely not show interest in dealing with you. You can be sure that an investor will still buy your house. Also, they buy any house regardless of the foreclosure status. Remember that if you are not careful, you will lose your property so don’t hesitate to call a real estate investor.
Dealing with a real estate investor is also advantageous because you will not have to dig deeper into your pockets to facilitate the process. While a realtor will need you to pay both closing costs and commission fees, that isn’t applicable if you are selling to a real estate investor. Lastly, the status of the market does not affect the operation of a real estate investor. A real estate investor will buy your house in a rough market and wait for the market to become favorable.