5 Reasons Why Selling Your House To An Investor Is a Good Idea

If you’re planning to sell a house, you have three options: sell the property yourself, list it with a local real estate agent and place the house on the open market, or sell it to a local real estate investor. These days, sellers commonly receive offers on their properties from investors, who rehab and resale them or rent them out for a profit. Cash investors can be ideal for home sellers.

Here are five reasons why selling your house to an investor is a good idea.

1. Hassle Free

When you list a property with a real estate agency, you must prepare your home by cleaning, repairing, and decluttering to take photos and staging. On average, you can expect to spend $7,000 prepping your home for sale. This includes hiring companies for carpet cleaning, gardening, painting, and house staging.

Investors are typically more concerned about the numbers and not the property’s appearance. After closing the deal, they’re willing to renovate the home.

2. Risk-Free

Usually, investors have money to pay for homes in cash, so you avoid the risk of a buyer having to apply for a mortgage. Sometimes a buyer can be pre-approved for a loan, but the lender can determine the buyer isn’t a good candidate for the credit and deny the funds to buy your property.

3. Quicker Transaction

Selling your property to an investor is excellent when you need to move quickly. Whether you have a new job in another place or an emergency, picking up and leaving is possible without waiting for financing delays, renovations, or buyer’s indecision.

Investors are more flexible than average buyers. Often they allow you to choose the closing date, whether that involves selling immediately or right before the closing of your new house.

Also, sometimes it’s possible to leave things you don’t need in the property, which most of the time isn’t an alternative with traditional buyers.

4. Options

These days it’s easy to search for local real estate investors to determine who is your best

option. There are national and local, smaller companies to choose from. When you meet different investors, you can decide if you want to go with the highest offer you receive or if you prefer to close the deal with someone you trust and connect with. Having options gives you a voice in the dealing.

5. No Additional Costs

When you list your property with a real estate agency, you often need to pay approximately 6% of the total home sale when you sell your home. Since investors purchase the house directly, you don’t have to incur additional costs.

A lot of investors offer to pay all closing costs and other fees associated with the sale. 

Finding the Right Investor

If you decide that an investor is worth a shot, you must find one who wants to work with you. Most investors are constantly searching for houses they can buy in areas that will let them make a profit.

Usually, an investor will contact you if you list your home. Also, you can check for a home-buying company like American Dream Home & Investments LLC to get a reasonable cash offer for your property.