There are several circumstances that can force an individual to sell their homes. It can be due to the financial condition or the need to move to a new neighborhood. There are many methods an individual can use to sell their property. But the two most common ways of selling a house involves listing the property with a real estate agent or selling it to cash buyer.
The a house to a real estate investor has become so popular with home sellers because it offers many benefits as opposed to the traditional strategy of listing the home with a realtor. This article, therefore, explains some of the reasons why an individual should sell their homes to a real estate investor directly as opposed to listing the property with a realtor.
The first benefit of selling a house to a cash buyer is that it is fast. It is vital to comprehend that selling a home to cash buyer is the fastest way an individual can use when selling their homes. When selling a house to a cash buyer, they will come and access the house and thereafter provide an offer within twenty-four hours. This is not possible when listing the home with a realtor since the realtor will have to market and advertise the home to different home buyers before getting a suitable a suitable buyer. The realtor will take several months looking for suitable to purchase your property.
The second importance of selling the home to cash buyer is the fact that it guarantees fast cash availability. When selling to a real estate investor and you have agreed on the fair value of the property based on its current condition, you get cash for the property as soon as you are ready to vacate the property. Real estate investors have ready cash and will, therefore, provide you money quickly for the house.
On the other hand, when listing the property with a real estate agent, you will wait for several months before getting money for the house since home buyers use banking funding to pay for the house. Bank funding takes many months because there is a need to verify the credibility of the information provided. The loan process validation makes it impossible to get cash fast when you list your property with a realtor. Hence it is important to understand that selling the house to cash buyer is the best strategy to be used by homeowner who needs money fast or is avoiding the foreclosure of their houses.