1. It’s Fast! You could be looking to sell your house for many reasons. It could be that you are facing foreclosure and the auction date is only a few weeks away. It could be that you are going through a divorce and need to sell your house as quickly as possible. It could be that your house needs repairs and you can’t afford to pay for the repairs. It could be that you are being relocated or have a job transfer and need to sell fast.
One option is to list your house with a real estate agent. Real estate agents will put a sign in your yard, and submit your house to the multiple listing service (MLS) and then wait for a buyer. When you need to sell your house fast, you do not have time to waste waiting for a buyer to come along. Buyers can choose from an overwhelming amount of the houses on the market. In a typical real estate market, it could take from three to six months for your house to sell.
Real estate investors can give you an offer within 24-48 hours and many times close the transaction in 10 days or less. Investors have access to cash for buying houses and are waiting to make an offer on your house.
2. No commissions. Real estate agent commissions can typically range from 6-7% of the sale price. If you also have to help pay for the buyers closing costs, you could be looking at anywhere from 8-10% of the sale price in commissions and fees.
When you are looking to sell your house fast, you may be willing to lower your asking price to attract buyers that will put in an offer faster. A low asking price plus the 10% in fees and commissions results in a lot less money in your pocket. You don’t have to sacrifice your time and money just to sell your house fast.
3. No repairs. When listing your house for sale on the MLS, your real estate agent will expect that your house is in excellent condition and ready to sell. Your agent may require you to paint, update the flooring, clean up the landscaping, and a professional cleaning. You’re looking to sell your house fast, you do not have the time and money to invest into this house while still waiting for a buyer. A real estate investor does not care about the condition of your house. You do not have to clean up, you do not have to paint and you do not have to make any repairs. Real estate investors are used to buying homes in any condition and can see the potential value in your home without all the unnecessary clean up.
In many cases investors will buy houses that need a complete remodel. This could be caused by fire damage, mold, water damage, or years of defer maintenance. Things like this that will scare your typical buyer away are no problem for a real estate investor.
4. Investors buy houses for any reason. Life happens to everyone and there may come a time when you need to sell for any reason. It could be that you are:
- Behind on Payments
- Need to sell quick
- Moving / Relocating
- Job Transfer
- Divorce
- No Equity / Short Sale
- Facing Foreclosure
- Disability
- Bad Tenants / No Longer want to landlord
- Home needs repairs
- Pre-foreclosure
- Listing Expired
- Inherited Property
It’s important to know that a real estate investor has dealt with all of these situations with professionalism. Investors are interested in providing a service to you. Buying your house and letting you move on with your life can help you relieve stress and put you back on the right track.
5. Offers personalized for your situation. Due to all of the reasons that you may be looking to sell your house quickly, real estate investors are able to provide an offer that is specific to your situation. You may be looking to sell your house and get a lump sum of cash in a hurry. You may be interested in selling your house and getting a monthly payment that will help pay your bills or provide income in retirement. It could be that you are behind on your payments and you need an investor to make up your back payments, pay the fees, and bring your mortgage current. An investor can give you an offer that is customized for your situation and provide the solution that you are looking for.
When selling your house, it’s important that you evaluate all of your options and determine what is best for your situation. If you decide that you would be interested in having a real estate investor make an offer on your house, contact a local we buy houses investor in your area.
Why Should I Sell My House to a We Buy Houses Real Estate Investor
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