Buying house is one of the major investment decisions that an individual can make.Therefore when selling the house, you need to obtain the best deal possible to ensure you get value for your money. There are many ways a person can sell their homes. An individual can decide to use the conventional method where you list the property with a real estate agent. Also a person can decide to sell directly to a real estate investor.
Many people prefer selling their homes directly to real estate investor than listing their property with a real estate agent. There are many advantages of selling your house to cash buyer compared to listing it with a realtor. This report highlights some of the benefits of selling your property to a cash buyer instead of listing it with a real estate agent.
The first advantage of selling your house to a real estate investor is the fact that it is the fastest method available in the market today. The homeowner will be able to get money quickly without many hustles. This is due to the reason that cash home buyers normally have ready money to purchase your property. Once you have identified a real estate investor, they will come and view the property and propose a deal within twenty-four hours. After negotiation and you have settled on the price of the house, the real estate investor will provide you with money for your house on the day of moving out usually less than seven days.
This is not possible when listing your house with a real estate agent. It is important to note that individuals who buy listed properties normally use loan financing as a means of payment. Banks normally take several months to process mortgage applications. In some cases the process may not be successful in which case the real estate agent starts the whole process again looking for another buyer. The process will continue until a potential buyer is obtained in which case your home may remain listed for several months or even years before you get cash. Thus when you need money urgently or you are avoiding foreclosure of your house, you need to sell your house to a real estate investor.
The second reason why you need to sell your house to a cash buyer is that they will purchase the property in its current state. You will not be required to undertake home improvement or repairs that are normally very expensive. When listing your house with a realtor, you will be required to make the house look new.