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Top 3 Advantages Of Selling Your House To An Investor

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Top 3 Advantages Of Selling Your House To An Investor

When it comes to selling a house, a lot of people rely on the services of professional realtors-it has always been the norm. Realtors are well-trained individuals who are capable of bringing out results but not every seller finds it profitable disposing their homes by listing with a realtor. Basically, the process of getting to sell your home with a realtor is sometimes complicated. If you are looking to avoid this and probably earn more on the sale, it’s best you sell to an investor. These are some of the reasons.

Purchasing As-Is

The real estate term “buying As-Is” is used when we imply that an investor is ready to purchase a house in its present condition. The seller doesn’t need to make repairs or offer potential cash for any possible repairs as in the case of listing with a realtor. Say your house is in an ugly state, it is possible that a realtor will decline to work with you until necessary repairs are made on the property.

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When an investor is making an offer, they understand the house needs fixing, they make an offer that reflects what they need to spend on repairs. Naturally, Investors are never concerned about the ugly state of the property.

“The beauty is that we (Investors) don’t really care, the condition is not that important, what’s important is that we work with the seller and sell the house at the right price” – Viktor Rybachuk, a certified real estate investor in Seattle and cofounder of Iwillbuyhouse

Getting Quick Cash is Certain

Realtors are good at helping you get a buyer for your house, the problem, however, is that they don’t get to fund that buyer. A good number of these buyers do not have the financial strength purchase the house in cash even after they enter the sale process. Hence, they apply for a loan in a financial institution. The mortgage bank may find them not eligible to get a loan making them back out at the last minute of the sale process.

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Investors save you all that by providing quick cash for the property. They have their own money for business and need not seek funds from financial institutions.

Get Rid of Commission Fees And Closing Costs

You won’t be getting the services of a realtor for free- The buyer doesn’t pay them, you do. The standard practice is that 5-6 percent of the house purchase goes to your agent and the seller’s agent. You don’t go through all of that with an investor- nobody needs a cut from the sale. The Investor sees the house, offer cash, papers are signed and that’s all.

The closing process usually takes away a good amount of cash. If you are listing with a realtor, you bear the closing cost but an investor takes care of all of that. They are offering you cash for the house As-Is, therefore, they understand they have to take care of all of that.

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