Importance of Selling a House to an Investor.
There are many ways an individual can use to sell their property. The two main popular methods that people normally use involve selling the house to a real estate investor or listing the house with a real estate company. The two methods have their advantages and disadvantages. It is important to note that when you are selling your home through a real estate company they will normally undertake all the activities regarding the sale process. After all this is done and the house is sold, the homeowner pays some commission to the real estate agent.
The next method you can use when selling your home involves searching for a real estate investor to purchase the property directly from you. It is important to note that many homeowners like selling their homes to a cash buyer because it offers many advantages compared to selling via a real estate company. This article highlights some of the benefits of selling your property directly to an investor compared to listing your house with a real estate agent.
The first importance of selling of your house directly to a real estate investor is that it provides the quickest method an individual can use to sell the property. When selling your house to an investor, the deal normally takes two days and the money availed in your bank account within twenty four hours. This is because investors who buy houses have cash and does not depend on any loan for the purchase.
When listing your house with a real estate agency the process normally takes a minimum of six months. It is important to note that many clients who buy house via real estate company normally use mortgage as their main source of funding. Mortgage takes time to process because the bank need to verify the credit ratings of an individual before they provide the funding. The acceptance is not normally guaranteed and in some cases banks denies people mortgage funding based on different reasons. If this happens, then the real estate agent need to start the whole process again by looking for another new buyer who can buy the property. It is important to note that situations like this where the bank denies an individual a loan can make your property to be listed for more than one year. Selling your house through a real estate agent is therefore not recommended to people who want money urgently for their homes. It is therefore important to note that when you need money urgently you should consider selling your home directly to a real estate agent.