Investment in the U.S. housing market is at 11.3 percent, with small-time investors being responsible for the increase in home buying. The number of investors looking to purchase houses in the U.S is at an all-time high due to the rising demand for flipping homes.
If you want to sell a house, you can avoid the stress of dealing with a realtor by directly selling your house to an investor. A home investor can be an individual or a home buying company that purchases properties in bulk to either keep, flip, or rent out.
But why should you sell your house to an investor?
1. The Process is Fast
Whenever you list your home for sale with a realtor, you have to bear with the long and often frustrating process. Even after you find a potential buyer, they may not have the required credit standing to receive financing.
However, investors can buy property within a short time. Some offer a no-obligation cash offer, where you receive your funds in 24 hours or within a few days.
2. You Do Not Need to Re-invest in Your House.
When selling a house to a traditional buyer, you need to make sure that everything is in the right shape. If there is any damage, you should facilitate the repairs before placing the house in the market.
The process is time-consuming and can be quite costly. More importantly, you do not have any guarantee that the property will sell in the market.
When dealing with an investor, you can sell the house as it is without having to spend any of your money on repairs.
3. There Is No Agent Commission
Listing a house with an agent requires you to pay a commission to the agent. The agent fees is usually an agreed percentage of the selling price.
After spending your money doing repairs, having to deal with another expense can drain your pocket. You do not need an agent to sell your house to an investor. Therefore, you do not have to pay any fees.
4. You Can Avoid Foreclosure
When you are behind on clearing your mortgage, you may need a quick source of money to prevent the foreclosure of your property.
By selling your home to an investor, you can avoid foreclosure and get the cash you need.
5. Disposing of Inherited Property
When you inherit a house from a family member, you may find yourself wanting to sell it. You do not want it to remain vacant for long.
An unoccupied house is vulnerable to vandalism, theft, and damage, all which may depreciate the value of the home. You can sell the property to an investor as they can also help you navigate the legal process of inheritance.
6. You do Not Need to Clean
Since investors buy houses as they are, you do not need to spend any amount on getting a cleaning service to clean after you move.
Therefore, you not only save money on unnecessary expenses, but you also save on time.
Selling to a Home Buying Company
If you are in dire need of money or you are planning to move out, you should consider selling your house to a home buying company.
Not only do you avoid expensive agent fees, but you also get cash quickly without having to do anything. Do you want to sell your home at a reasonable price?
Get an offer today on your property.