Real Estate Investors: Why Sell to One?

 

Real Estate Investors: Why Sell to One?

Real estate investors are a great option to sell your home quickly or in distressed situations. Typically, how investors work is they offer a lower price in exchange for a quick sale, and the purchase of a property “as-is” saving the seller time and the struggle of dealing with a real estate agents, fees, and repairs.

When selling a property, you are not limited to just selling the traditional way. In fact, selling the traditional way isn’t always the best choice. When selling your home, the traditional way you oversee paying for repairs and sprucing up the property for curb appeal, before placing it on the market for months while you still pay the mortgage, utilities, and other costs of just owning the home! Then when a buyer finally does come around they offer less than the market value, request an inspector and more repairs, then the deal falls through because the buyer experienced financial woes.

Because of this many people also consider alternative ways of selling their homes. If you are wondering if selling to an investor would be a good option for you, look below for reasons why selling to an investor may be your best choice.

1.    Speed

Selling to a real estate investor allows you to quickly sell and is especially helpful if facing foreclosure or currently in pre-foreclosure. When selling your house with an agent, your home must be marketed and advertised. Open houses are held, and flyers distributed but this can be a very long and time-consuming. The average listing agreement being six months. Once a buyer is found also they must qualify for financing which may also cause a delay or even worse, cause the entire deal to fall through. In some cases, the buyer may even ask for an inspection further delaying the process and can lead to more costly repairs.

When selling to an investor though, like us at 407Foreclosure Help, we can quickly offer you a quote within 24 hours and in many cases the seller walks away with cash in the bank!

2.    Selling “As Is”

When selling a home to an investor, the investor will purchase the property “as is” and will take on the responsibility of repairing the home. In exchange for the time and struggle saved of having to pay out of pocket for repairs, the investor typically offers a lower buying price then current market price. Though if you are facing foreclosure, in a situation you need to quickly move and sell, or do not have the funds to repair your home selling your home to an investor might be a great choice. At 407Foreclosure Help we buy properties of all conditions!

3.    No Commission Fees

Real estate agents need to get paid of course and in real estate transactions they make their money through a fee, typically a percentage ranging from 3-6%. This is true whether your real estate agent went to great lengths to sell your home or had little involvement. Using a commission fee of 5%, a home sold at $250,000 would net that agent $12,500 of the profit. To avoid having to deal with fees some homeowners elect to sell their home by owner. While this can avoid having to pay fees many homeowners struggle heavily trying to get their home on the market, advertise, deal with buyers and financial companies, and still get a fair price. Working with us there are never any fees or hidden charges. Period.

4.    Ability to Avoid Foreclosure

At 407Foreclosure Help this is our specialty! We strive to help homeowners facing foreclosure by making sure they are informed of their options, including the option to sell to us! Foreclosure is a stressful situation and once you begin to fall behind on your mortgage payments the process can be very quick and surprising. Once your lender starts threating to foreclose the property you may not know what your options are. You can try to do a loan modification to help ease the financial burdens, but a loan modification isn’t always approved. If you are not approved and had to wait to hear back from the lender you may even be farther in debt and have a greater chance of foreclosure. That is why selling to an investor may be your best choice to be able to quickly sell and move on.

5.    Fast Closings

There are some investors who can close a deal within a week. This is possible because the sale of the property doesn’t depend on finance approval, appraised values, or home inspections. Selling to an investor is a great way to quickly cash out or get out of a situation such as foreclosure. 407Foreclosure Helps strive to do each deal as quickly and efficiently as possible so that both parties are satisfied.

6.    Help with Other Properties

In certain cases, some people may find themselves with two homes under their possession. Could have been inherited from a deceased family member or loved one, or possibly you had moved before getting to sell your first property. Whatever reason it may be selling a home to an investor can help alleviate any issues that arise from having too many properties such as paying for mortgage, insurance and other costs for a home you aren’t living in. Also, when a home is unoccupied it leads to much higher rates of theft, and vandalism further adding to the cost.

Selling to an investor can be a great option for many people who need to sell quickly, need cash, or need to get out of an unfortunate situation. We buy houses in any condition and want to make an offer on your home. If you are in pre-foreclosure or facing foreclosure we also want to help! We specialize in helping people know their options when it comes to foreclosure and navigate the difficulties of selling your home while in pre-foreclosure. Fill out the form below and a foreclosure expert will get into contact with you in 24 hours or call us to speak now! (321) 430-1412