When the thought of selling your house appears, the first thing that comes into your mind is to list your home with a realtor who will help you to ensure that it is marketed. According to Roofstock review, if you don’t get the right one, it might be time-consuming and even expensive than you think. But the good thing is that that is not the only option you have as you can decide to sell it through a home investor.
Using The Traditional Way To Sell
You might have made the necessary improvements, investing money doing repairs and making the value of your property to go up. This might make your home to stay on the market for quite a long time and you will still be paying utilities, mortgage, and home insurance.
When finally you get a buyer, they are unlikely going to pay the full price that you are asking for. They are likely going for an inspection or even demand that you make more improvements and repairs. After doing all this, it is possible that the deal might not go through, especially if the buyer is facing financial difficulties. You can find more information on myrealestateteam.net
The Difference With A Home Investor
When you get an investor to buy your home, it might be an option which you are familiar with but it is worth considering especially if you want a quick sale. The advantages of doing so include:
- Speed: When you list a property with a realtor, it might be time-consuming. Your home is likely going to be marketed through open houses and advertising, with an average of 6 months on the listing. Once you get a prospective buyer, they will have to qualify for financing which might create extra delays or cause the deal to collapse. Buyers who do it privately might make a sale contingent on your home for an inspection which is elaborate. Know more about documentation to buy a house see here.
With a home investor, they will be able to buy with cash and close the deal immediately. This can be a great advantage especially if you are looking for a fast sale. They will be able to present you with a no-obligation cash offer for your house within 24 hours and in many instances, you might walk away with money in the bank within a few days.
- No Need To Put Money In Your Home: If you are selling a home to a traditional buyer, chances are that the new buyer will expect some renovations. You might be forced to replace the flooring, roofing, paint the exterior and interior, an improvement on the landscape and ensure that you take a lot of time-consuming and improvements which are expensive.
All these are things which you will not have to worry when it comes to a home investor. The traditional way might make you spend so much with no guarantee that the buyer is going to purchase the house at the end of the day. A home investor will purchase your house the way it is.