Sell a House Fast to Real Estate Investor
If you have your house listed for sale, then there is a great chance that you have noticed signs saying that we buy house fast or you have already received several offers from real estate investor. The real estate market has drastically changed for the past several years and now, it is all more common for average sellers to talk to investors. On the other hand, this may possibly be the first time that you have talked to an investor.
So what basically are the benefits and drawbacks of selling house as is to a real estate investor.
Let us focus first on the advantages.
Number 1. Flexible payment option – investors may be offering several payment methods similar to cash, certified funds, pre scheduled cash payments or even take over the existing mortgage. With several available options, sellers can find a solution that fits their needs.
Number 2. Cash offers – it has now become a more appealing option to talk to real estate investors because they are willing oftentimes to pay the house in cash given the fact that today, there are stricter regulations for applying on financial assistance.
Number 3. Sell house as is – investors are typically offering to buy the house as is. As a home seller, this lets you to steer clear of expensive repairs that normally are considered your responsibility.
Number 4. Fast deals – there are many investors who care capable of closing a deal in as fast as 7 days. For sure, you have doubts on how this one becomes possible. The reason for this is fairly simple, the sale of the property doesn’t depend on any inspections, waiting for a financing approval, appraised values or whatever that comes with traditional sell of the house.
While it seems to be really beneficial to sell house as is to a real estate investor, this means that the seller know nothing on the entity/person that offers to buy your house. There are investors who are actually corporations but others are private individuals who also happen to be real estate agents. Doing a background research first on the buyer prior to proceeding on the transaction is the best thing that you can do in ensuring that the investor is legitimately making an offer. You may want to learn more about how long they have been in the business, successful transactions they have made, about their client’s feedback and so on.
You have to learn about these things to ensure that you are making the right decision in every step you take.