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Benefits of Selling Your Home to a Home Investor
Selling to home investors has become a trend in the real estate market in the past few years. Once you look at the reason, you’ll understand why.
- A home investor buys your home as is: You don’t need to repair or renovate your home. A home investor takes care of the repairing and renovating. This saves you a lot of money and trouble. When you sell through the traditional process, you may have to spend a hefty sum on repairs and renovations.
- A home investor pays you fully in cash: Home investors typically do not use a mortgage. They will pay you fully in cash on the closing date. In contrast, when you sell through a real estate agent, you will have to wait until the buyer gets his or her mortgage approval, which can take weeks.
- It’s the best way to avoid foreclosure: If you have received a foreclosure notice from your bank, then the best way to avoid foreclosure is to sell your house to a home investor. The traditional real estate process can take months, often too long to avoid foreclosure.
- No need to pay fees and commission: When you sell your home to a home investor, there are no realtor’s commissions or other hidden fees.
- It’s the quickest way to sell your house: Selling your home to a real investor is the quickest way to sell your home. Once the investor agrees to buy your house, the deal will be closed within days. Using the traditional method takes at least a month.