Questions About Sales You Must Know the Answers To
Importance of Selling a House to an Investor.
There are several techniques you can use when you are selling your house. The major strategies an individual can use when they are selling their homes include selling directly to a real estate investor or listing their home with a real estate agency. The two methods have their advantages and disadvantages. When you list your home with a real estate company, they will be able to undertake all the sales activities. After the all process is done, the homeowner is required to pay some fees to the real estate company for the services provided.
The second method of selling the house involves looking for a cash buyer to purchase to purchase the property directly from you without listing it with any real estate agency. This method has gained popularity because it offers many advantages to the homeowner compared to the first procedure where you are required to list your home with a realtor. 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 benefit of selling a house to an investor is that is quick. It is important to note that when you are selling your house to a cash buyer, the deal is completed within two days and the money deposited to your account within twenty four hours. Real estate investor who buy houses from homeowners normally have cash and does not rely on some credit funding in order to buy your property.
When listing your house with a real estate agency the process normally takes a minimum of six months. Many clients who buy houses using realtor services normally use mortgage to purchase their homes. It is important to note that banks needs a of data when processing loan application for people who want mortgage financing. It is important to note that once you have applied for the loan, it is not automatic that you will get the mortgage loan, in some cases banks denies individuals loans for 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. Therefore when you need money urgently for your property, you need to sell your house to a real estate investor.