Advantages of Selling a House to a Cash Buyer.
There are many ways an individual can sell their homes. They can decide to use the traditional method that involves listing the house with a real estate agent or consider selling the property directly to a cash buyer. It is imperative to note that selling the house to a real estate investor has many benefits compared to listing your house with a real estate agency. When selling your house to an investor you will incur no cost because you will not pay real estate transaction fee. Apart from not incurring transaction fee, there are many reasons why an individual should consider selling their houses to an investor instead of listing their homes with a real estate company. This article therefore discusses some of the benefits of selling your house directly to a real estate investor instead of listing the house with a real estate agency.
The first advantage of selling your house directly to an investor is that they will purchase your property in its current state. It is important to note that real estate investors will buy your house in its current state however old or unmaintained it may look. When selling your house via a real estate company, they will demand that you do various home improvements and repairs to make the house look good. Real estate agents wants the house to be perfect for them to have an easy tie marketing your house to various potential buyers.
In this case, the homeowner will have to incur a lot of costs by hiring various home improvement contractors that may include landscaping contractor, painting contractor and plumbing contractor. All these home improvements activities need a professionals to undertake and are excessively costly. This is the major reason why many people prefer selling to an investor because they will not need any home improvements in order to buy the house. This will ensure that sale process becomes simple to implement and you don’t incur a lot of expenses selling your house which in the long run ensures you enjoy the full value of your house.
The second importance of selling the property to a cash buyer is that it ensures quick sale of the property. Selling directly to an investor provides one of the quickest ways an individual can sell their property. This is because real estate investors normally have a ready cash. Real estate investors don’t rely in bank loan to pay your house. When selling to an investor you will get money for your house within a short period usually two days.