Due to the current down market, more and more people are looking for alternate, non-traditional ways to sell their home. The days of sticking a FSBO (For Sale By Owner) sign in the yard or simply listing it with the Realtor that your friend at work used, just isn’t having much effect these days. Depending on your selling situation, selling your home to a professional home buyer can be the right selling decision. As with other home selling options, selling your home to a real estate investor has benefits.
Working with an experienced investor can really simplify and expedite the process. Some of the great benefits of selling your house to a professional property buyer are: you are able to sell your house fast, “as is” on the date or your choice, you do not have to pay large real estate commissions to a Realtor, you do not have to spend your time, energy and money updating and making repairs and you only have to have one showing.
You may want to consider selling your house to a real estate investor if you are in any of the following selling situations…
- You’re behind on monthly mortgage payments and need to sell fast.
- You’re moving and can’t afford two mortgage payments.
- You’re going through a divorce and need to sell.
- You’re in foreclosure.
- You’re home is in pre-foreclosure.
- You’re in Bankruptcy.
- You’re home needs lots of repairs but you don’t have the time/money to fix it up.
- You’re home is 100% financed and you don’t have enough equity to list it with a Realtor.
- You’re tired of being a landlord and dealing with tenants.
- Someone in the family has health problems and can’t work.
- It’s an investment property and you want to “cash out.”
- You’re home has been on the market with a listing agent for several months and the listing contract expired.
- You inherited a property and want to sell it quickly with someone who knows about estate sales and the probate process
As you can see there are many reasons why you should consider selling your home to a professional home buyer. Listing your home with a Realtor or trying to sell your home FSBO costs you money and time, but generally doesn’t get you offers within just a few hours or days. If you don’t have the time and/or the money, or simply don’t want to deal with the hassles of selling your home, then sell it to a real estate investor. You may be happily surprised by the offer you get.
Beware. Don’t call some random number on the side of the road off one of those “We Buy Houses” signs. It’s important to make sure you know who you’re dealing with. Unfortunately, there are some unethical investors and currently the real estate market is a prime target. Thanks to the Internet it is relatively easy to locate information about a legitimate business. In many states, a business is required to register with the Secretary of State. Also, the Attorney General’s office and the Better Business Bureau handles consumer complaints. Realtors and brokers are licensed through the state’s Real Estate Commission. These agencies can help to ensure you are working with a licensed, legitimate, complaint-free business or real estate investor.
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