Selling your home is never easy. The unease could be for sentimental reasons, or you lack the knowledge of how to go about selling your home. The process of selling your home can be quite complex, which makes it time-consuming and tedious. Imagine you want to sell your home in New Jersey, how do you go about it? Your first thought would be, “I’ll just use Google to find a real estate agent,” right? But, things aren’t often that straightforward.
Let’s add a bit of an extra twist to make this more interesting. What if your home is burnt or in foreclosure. How do you find a buyer? Very dicey situation you have here. Many people would even argue a house in such a condition is unsellable. But, this is not entirely true. You can sell your house to a real estate investor, no matter the condition or circumstance.
However, the traditional way of selling a house on your own or with the help of a realtor is slow, stresses you out, and often requires you to invest your money. Again, take for instance, your house is burnt or damaged; there is hardly a way you can sell it traditionally, without making total renovations, which will cost you a lot.
On the other hand, selling to investors clears out these challenges and more. And, in this article you’ll find out the top five reasons why you sell your house to a real estate investor.
1. Sell Your House Fast for Cash
This might be the most appealing factor for selling your house to an investor instead of using the traditional method. The real estate investor is ready to buy at a moment’s notice. There is no need to spend months or weeks delaying. As a matter of fact, the only two major sources of delay are the negotiating and the legal documentation processes. Aside from these two factors, the sale is almost instant, which helps you keep up with your plans or simply get rid of the house faster. The whole process does not exceed fourteen days, and most times, it takes less.
2. Escape Foreclosure
If you are about to lose your house because you are behind on some payments, selling to a real estate investor is the answer to your problem. Research shows that it will take at least three months to sell a house traditionally. This is a problem because of two things. Firstly, you may not have three months to spare. And secondly, if you do have the time, you most likely don’t have the finances to make repairs or updates that can sell the house (if you do, the house wouldn’t even be in foreclosure).
3. Incur No Additional Financial Cost
Real estate investors purchase the house as it is, without requiring repairs or updates to any section of the house. This means that you do not have to spend a dime on renovations. The cost of materials rising and the real estate market in flux makes it wiser to sell to an investor and save money. An individual interested in buying your house will definitely require repairs to match their requirements of the house. These repairs are usually time-consuming, and within that time frame, your home’s market price might drop due to the volatility of the market. So, you end up losing the money spent on repairs.
4. Avoid Third-Party Hassles and Commissions
If you have ever hired a realtor or happen to know one, you will agree that they are all about their commissions. It is their driving force and secondary objective after selling your property, of course. In contrast, selling to an investor ensures that all your money goes to you. While a realtor will charge any amount above 5%, with an investor, there are absolutely no fees or extra charges.
5. Location and Market Value Do Not Matter
Everybody knows that one of the key determinants of the market value of a home is the location. Houses in rough neighborhoods are valued less than houses in better or calm neighborhoods. That means a house in Kendall Park, New Jersey, is more expensive than a house in Camden or Atlantic City. However, this is not the case when you sell to a real estate investor. An investor’s plan is to make your less desirable home into a hot deal. Real estate investors like Quick Easy Offer always buy at a reasonable price. So no matter the location, your house is valuable to a real estate investor. The money you get will be mostly determined by your negotiation skills, not the location.
With these reasons, it’s evident that selling your house to a real estate investor is the fastest way to sell your house. However, you should be cautious when choosing the investor to sell your home too, as there are numerous scams out there.
If you’re looking to sell your house, Quick Easy Offers is a reliable real estate investor you can trust. When you contact us today, we will pay cash for your house fast!
