Owning a home is one of the best investments; thus it would be difficult to sell your home. Financial crisis can be one of the factors that can trigger your decision to sell a home. Although many prospective buyers may show interest in buying your home, finding a suitable home buyer is a daunting task. The most popular home buyers are either an agent or a real estate investor. You should opt to sell your home to a real estate investor to enjoy the advantages associated with dealing with them. Read on to learn some of the advantages of selling your home to a real estate investor.
Firstly you should take advantage of the fact that a real estate investor pays in cash, making the process convenient. While an agent will only find a buyer, they can’t finance them; hence you are likely to wait longer for a bank loan to be approved. Factors such as the market condition do not influence the decision of a real estate investor, making them suitable in all seasons. While an agent will only be willing to buy your home during off-peak, an investor will buy your home even in a rough market.
The other reason why you should sell your home to a real estate investor is that they buy the home as-is. Agents are known to assess the house the house and the homeowners to repair elements such as the falling roof or the poor floor condition, a real estate investor will buy your home in whichever condition. Similarly, they will buy your home in whichever neighborhood. It is also advantageous to sell your home to a real estate investor considering that they will not ask about elements that would make a neighborhood inhabitable such as crime rate and the noise level.
It is also worth noting that a real estate investor is the real deal when your house is facing foreclosure. By dealing with an investor, you will be able to save your home from foreclosure because they have the means to help you clear with your lender. You will also avoid relisting your home if you are dealing with an investor. If the agreed period elapses, you will be required to relist, to restart the process making it tiresome.
Since there is no complicated paperwork when you deal with an investor, you will enjoy a fast process to help you meet your financial obligations especially if you have an emergency. Selling to an agent will subject you to complicated paperwork, which is not the case with an investor. Apart from commission fees, you will avoid paying closing fees which are requirements when you are dealing with an agent. from the above-discussed reasons, you will enjoy a fast and convenient process if you sell your home to an investor.