The Beginners Guide To Property (Chapter 1)

Advantages of Selling a House to an Investor.

When selling a house, there are many options a seller can use to get money for the home. The first one involves listing a house with a realtor. When using the services of realtor, it is important to note that they will undertake the whole process, starting from marketing the house, getting a buyer, showcasing the property to potential buyer and the actual sale procedure. It is imperative to note that this is the oldest method of selling a house that has been used by many people. Apart from this method, there is the modern way a seller can use to sell the house. The new strategy of selling a house involves selling the house to real estate investor directly for cash.
Both this methods, selling to an investor and listing with a realtor have advantages and disadvantages. It is important to note that homeowners nowadays prefer the second method that involves selling the property to a real estate investor instead of listing with a real estate agent. This is because selling to an investor has many benefits compared to listing your property with a realtor. This report therefore discusses some of the benefits of selling the house to a cash buyer instead of listing with a real estate agent.
The first advantage of selling the house to a cash buyer is that it is fairly quick compared to selling listing your home with a real estate agent. It is essential to note that selling the property to a real estate investor is the quickest method you can use to sell your property. If you are selling to an investor, the house will be sold within two days and money availed I your account within twenty-four hours. On the hand deciding to list your house with a real estate agent is slow technique that has many delays and disappointments.
This is because listing a house with the realtor, the buyers who will buy the home normally use mortgage for the purchase. Mortgage takes time before they can be approved by the bank, normally six months. This is because the loan facility will need information about the buyer including their credit ratings before they can approve the loan. It is important to note that in some circumstances, the loan process may be rejected after some months and if this happens, realtor will have to start the whole process again and this may make your property to be in the market for even one year before you get a genuine buyer. It is therefore advisable to sell the house to a cash buyer if you want to sell your urgently.

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