Selling a house is not always that easy, especially if it is your first time. The traditional route of selling includes a large to-do checklist. Then you might have to wait for weeks or even months hoping to sell your home, even with the aid of a professional real estate agent.
If You Don’t Have the Luxury of Time or Money to Sell Your House the Conventional Way, if You Need Quick Cash for Your House, or Are on the Brink of Foreclosure, Selling Your Home Fast to an Investor Might Be the Best Option. Here Are Some Reasons Why:
1. Provides Flexibility in Payment Arrangements
Some real estate investors, if not all, are willing to take over your mortgage loan regardless of your situation. This is very helpful for homeowners as many are trying to sell because of a financial roadblock. Payment options include instant cash payments, certified funds, pre-scheduled cash payments, etc.
2. Real Estate Investors Usually Pay Cash
Many real estate investors will pay in cash, which means that you can experience an instant deal closing. Mortgage loan applications can take a long time- even if you are already pre-approved. Closing will still take 30-60 days or more in traditional financed deals. With a cash offer, homeowners can be sure that they’re getting what they asked for and that the deal will be closed quickly. This can be beneficial to those homeowners who want to sell and get cash in hand quickly. With today’s emerging problem of low appraisals coupled with financial restrictions, the option to sell your home fast to an investor becomes more appealing than other traditional routes.
3. Eliminates Hurdles in Closing
Hurdles in a traditional sale include inspection processes, appraisals, mortgage loan applications, and other state laws mandatory prior to selling a house, i.e. home inspections. Bypassing all these traditional selling processes will lessen the timeframe for closing the deal.
Many real estate investors aren’t looking for new, updated/upgraded houses; they are willing to buy motivated sellers’ houses in an “as-is” condition, without needing you to fix or repair anything on your house. This can be extremely helpful for sellers who can’t afford fixes or need to get out quickly.
4. Sell Your House on “as-is” Condition
This is one of the best benefits or advantages when you sell your home fast to an investor, you don’t need to spend hundreds and thousands of dollars to make repairs for your home. Investors are willing to buy your home in “as-is” condition. They won’t even require you to ask for a professional home inspector for your home as the investors will take care of that as well.
When we say “as-is”, it truly means “as-is”! You do not need to do anything on your part.
5. Less Stress
Let’s be honest, selling a home can be stressful, even if you’ve done it multiple times! For homeowners who sell to a real estate investor, you won’t need to worry about negotiating on price with multiple buyers. Real estate investors will quickly decide the worth of your home and how much they’re willing to pay. The process can be much quicker and more straightforward than negotiations with other home buyers.
6. Best Way to Avoid Foreclosure
If you are behind on mortgage payments and are facing eviction due to foreclosure, selling your house to an investor can be the best solution available to you and your family. Once you’ve entered foreclosure, the negative impact will last for a long time and your credit score will suffer. You can avoid the possible consequences of foreclosure by selling your house fast.
Most motivated sellers or “Distressed Home Sellers” should consider a real estate investor for a quick, stress-free, instant cash, home sale turnaround.
CPD Homes, LLC is here if you need help in selling your home fast to an investor. We are a part of a national network of real estate investors and see no situation as unsolvable. We’ve worked with sellers dealing with inherited properties, divorce, mortgage problems, major repairs, and more!