Are You Wondering, “Should I Sell My House To An Investor?”
In the past, people would buy a home to live in it for the rest of their lives. Passing it along generations. Times have changed and things have taken a turn. Many first-time homebuyers are going into it with the attitude that they’ll sell when it’s time for a change. Or know that they won’t be living in a certain area for long. Just thinking of having to sell your home can be frustrating. Perhaps you’ve heard that selling your house to an investor is hassle-free and you get a cash offer. While this is true, it does have its cons; like not getting the retail price for your home. But still, the thought has you thinking, “Should I sell my house to an Investor?”.
Market trends are always shifting. It can be a buyers market then shift to a seller’s market. Both have different conditions when it comes to selling your house. But if you’re looking to sell fast for cash, it doesn’t matter what stage the mean ol’ market is in.
How Does The Process Look Like?
One option that homeowners turn to when needing to sell their house fast is to sell to a real estate investor or a “we buy houses” company like FastFlow Home Buyers LLC to buy your house from you.
These independent investors or companies typically purchase homes, repair them, and then use them to generate income; either as rental units or sell them for a profit. The city you live in may have numerously reputable and trusted real estate investors/companies who will help you sell your home quickly.
Selling your house to an investor is a relatively simple and very straightforward process
You provide him or her with information about your home and personal situation.
The investor will then inspect the home and determine fair value, taking into account necessary repairs, and make an offer. If the offer works for you, you’ll close, and receive the payment for your house in cash. For the most part, closings are set to 30-45 days but can close within 7 days if you want and conditions are right.
How Fast Is The Process When Selling To A Local Investor or Company?
Compared to other traditional methods of selling your home, this process is very quick; often taking just 7-10 days.
If you need to sell your home very quickly, with little hassle, selling to a real estate investor is a great option.
When you work with a real estate investor, there usually aren’t any fees involved. You don’t have to worry about paying an agent commission, and most often, the investor will cover the closing costs.
Real estate investors are often looking to purchase homes at a discount, allowing them to fix up the house if it needs repairs… then sell the home to another homeowner.
Waiting To Sell Your House And Hidden Costs
When holding on to a property, many people don’t consider the hidden costs.
Extra months of mortgage payments, utilities, maintenance costs, and other fees could quickly add up. By selling at a slight discount, you could potentially end up with a larger sum in the long run.
By selling your home to a real estate investor, you’re saving yourself possible months of headache, and you can quickly move on to your new home. You’ll avoid expensive fees, closing costs, and investors will purchase your home as-is, assuming the costs of repairs that you’d have to pay if you were selling via more traditional means.
Hope this answers your question, “should I sell my house to an investor?”
Fill out the form below to get a fast cash offer on your home!