Perhaps you are in the process of selling off your home. The biggest issue you need to address in early days is who will be buying your house. In most cases, the choice of buyer will be split between 3 parties: property investors, realtors or individual buyers. Nevertheless, don’t fret as we have you covered. Probably you have been trying to convince your friends that property investors are the way to go with no avail, but this article will aid your argument. Incidences of foreclosure or divorce can heavily affect your choice of whom you sell your house to. For instance, you may be in a hurry to relocate and thus want your home to be gone fast.
Firstly, the transaction, in which a property investor is a part of, is known to be timesaving. Property investors will be quick to evaluate your home’s worth the instance you get them in on the act. Occasionally, you will get prompt proposals although in most cases it takes a day for the offer to be made. This process here will undoubtedly be less lengthy than a sale overseen by a conventional realtor. If you consult a realtor, then it is a roll of the dice since many stages will be involved yet no guarantee will be given that the deal will be seen out. For the personal buyers, they will want a standard home inspection done, which may be tough to pass especially if you have an older house.
You must also understand the issue of repairs plays a role in your selection process. For the property investor, you don’t have to go out of your way to make repairs. Individual buyers will require nothing less than a home that is in a supreme state with all repairs done. Therefore, you will have to dig into your pocket to remodel your home. This step may involve painting the house all over, installing a new roof, door, and windows, changing the floor and getting some landscaping work done. The challenge here is, you might not get back what you invested since there is no assurance that you will get back the money you pumped into the remodelling works. However, if you work with a property investor, you are confident that repairs won’t feature anywhere.
Again, there are no hidden charges when dealing with property investors. For the real estate agents where commissions are part of the game, hidden fees will pop up every once in a while.