The reasons for selling your house to a real estate investor instead of in the traditional fashion are numerous.
South Carolina House Buyers – We Buy Houses: Anything that’s new or different gets a healthy dose of skepticism, and with good reason. The traditional way to sell a house, for example, is the tried and accepted way of doing things. Get someone to help you sell it, fix up the house, make repairs, remodel if you must to attract more buyers, and go through the lengthy process of escrow and paperwork, hoping the buyer qualifies for a loan. At closing you might need to bring some money along to pay for the costs that fall under your scope of responsibility in this traditional sale. Anything that doesn’t involve any of those steps must be suspect, right?
Not exactly! You have other options. One of the very best options, in fact, is to sell your house to a real estate investor. You will skip several steps that are within the accepted way of doing things in the real estate world. You won’t have to fix, replace, repair, or remodel anything, for example. That’s a step you probably won’t mind skipping.
The biggest reason to sell to an Investor is that you will save time,
which saves you a good deal of money as well.
The paperwork will be done in most cases by the investor, as they do this often and know what to file, how to fill it out, and the timeline for the county filings. The legal aspects are then taken care of without you tearing your hair out trying to sort it all out.
As far as your buyer qualifying for the house loan to buy your property, that shouldn’t be any problem at all. In fact, most real estate investors roll with either cash accounts from which to do business or they have lines of credit that they can use when they want to. That means they won’t have to qualify for a loan, leaving you in the lurch at the last minute to start the sale all over again like you would in a traditional sale scenario.
The sale to an investor should take somewhere in the neighborhood of one week if there are no unusual complications. All of these features of a sale to an investor will save you money and lots of it. No more mortgage to pay while the house is on the market, no more taxes or insurance, no fixing or repairing, no maintaining, no utility bills to pay, and best of all, you won’t be paying anyone commission as real estate investors don’t charge you anything for their services.
Like this post? Subscribe to my RSS feed and get loads more!