There are many methods a homeowner can use to sell their home. The first strategy involves selling to a cash buyer. The second method of selling your house is by listing it with a realtor. It is important to note that listing a house with a realtor has been used by many homeowners because it is the oldest strategy of selling a house. But it is important to note that selling to a cash buyer is the current trend that many homeowners are using when selling their homes.
There are many reasons why many home sellers prefer selling directly to a real estate investor instead of listing their houses with a real estate company. This article explains some of the advantages of selling to a real estate investor instead of listing the property with a realtor.
The primary advantage of selling to a cash buyer is the fact that it is quick when compared to listing the home with a real estate agent. When you are selling directly to a real estate investor, they will come and view your property and provide you with a proposal price immediately. Real estate investors have the cash to buy your home. Therefore they will provide you with the cash after negotiation.
When listing the house with a real estate company, your property can be stalled in the market for many years before the realtor gets a buyer. Even after finding a prospective buyer who is interested in buying your house, you will have to wait for six months before getting cash for the house.
This is because buyers who purchase homes from realtors normally use mortgage loans to pay for the house. Mortgage take six months for banks to process fully. In some instances, the banks fail to give the buyer the loan forcing the realtor to begin the whole procedure again looking for a new buyer. This can make your home to be listed for many years before you can finally get the cash.
, therefore, it is more prudent for an individual who needs money urgently to sell to a cash buyer. This method is also perfect for individuals who want to foreclosure of the property because it enables to easily sell their quickly before the banks come for the house.
The second importance of selling your house directly to an investor is that they will purchase the house in its current state. There is no need to undertake expensive repairs ad home improvements which you will be required to undertake when listing the property.