When a person sells a home due to a divorce, relocation for a new job, illness, or an inheritance, they often think the best way is to work with a traditional real estate agent. However, this often leads to a slow process of waiting for the house to be purchased, which can delay plans for a new life. To avoid this scenario, more and more people are instead choosing to sell their homes to investors, which can offer a number of advantages. If you've made the decision to sell my house
due to various life events, here are some reasons to consider working with investors.
If you want to sell a property fast, selling it "as-is" is a great way to do so. This appeals to investors, since they will likely want to make many renovations anyway. In addition, this also eliminates the need for you to make expensive repairs to your property, letting you instead use that money for other areas of your life.
When selling to an investor, you can often skip such things as appraisals, home inspections, and waiting on financing from lenders. Because of this, closings in these deals can sometimes be done in as little as seven days, and in most cases no more than 30 days. This can be especially appealing to many people, particularly if you are selling a home due to inheritance, divorce, or relocation.
When you work with a traditional real estate agent, you often need to be out of the home as soon as possible. However, when selling to an investor, you can usually stay in your home until you sign the final papers closing the deal. This enables you to take the time you need to prepare for your move, which can be ideal if you're preparing to relocate or are finalizing divorce proceedings. Whatever the case may be, you can even work out a deal for a lease-back agreement, allowing you to use some of your home's equity if necessary to help make the transition a bit easier.
When the decision has been made to sell my house fast
to an investor, numerous payment options are often available. These can include a lump-sum cash payment at closing, as well as the investor taking over existing mortgage payments or arranging pre-scheduled cash payments. By having this flexibility, both the sale and your subsequent move can be made much easier.
While selling a property can be stressful, working with investors can take much of the strain and worry out of the process, enabling you to focus instead on the exciting life that lies ahead of you.