Selling a home traditionally is no easy task. Luckily, there are real estate investors who like fast home deals, and they just might be perfect for your situation.
Here are some reasons why you may want to use we buy houses fast investors.
The Process is Quick
There are several reasons why you may want to sell your home as quickly as possible.
You may be facing foreclosure, and the auction date is less that a month away.
It could be that your house needs repairs, but you cannot afford to pay for them, or you may be facing a divorce and need to sell the house as fast as possible.
Selling your home through a real estate agent is often considered to be the best option, but the problem is that it’s not a fast process.
A real estate agent will submit your home to the MLS and then wait for a buyer.
If you are facing any of the mentioned situations, you don’t have the comfort to sit around and wait for a buyer to come along.
In fact, it takes an average of three to six months for a home in good condition to sell.
On the other hand, we buy houses companies can give you an offer within 24 hours and tend to close the transaction in a week or less. These real estate investors have access to cash for buying houses and are always waiting to make an offer on your house.
When listing your house on the MLS, your realtor expects your house to be in excellent condition. They may need you to repaint, clean up the landscaping, update the flooring, install a new drywall and new home fixtures.
If you are looking to sell your house fast, you certainly don’t have the money or time to invest into your home while still waiting for a buyer. Real estate investors don’t care about the condition of the house.
They are used to purchasing homes in any condition and see the potential value in a house without all the unnecessary repairs.
Real estate agents charge a commission of 6 to 7 percent of the home sale price. If you have to cover the closing costs, you could be looking at 8 to 10 percent of the sale price in fees and commission.
Well, if you are looking to sell quick, you may have to lower your asking price to attract potential home buyers. The 8 to 10 % in commissions and fees plus a lower asking price only leaves you with a lot less money.
With a real estate investor, you don’t have to sacrifice your money and time just to sell your home quickly.
When selling your property, it is advisable to assess all your options and choose the best depending on your situation. If you decide that selling to a real estate investor is the best option, contact a we buy houses fast company located in your area.