How to work with an investor
If you are planning to sell your house fast, perhaps you’re weighing your options among available choices i.e. traditional, FSBO and investor. Though each of these can be beneficial for you, what works the best would solely depend on your situation. If you need to sell home fast, knocking the door of an investor would probably be your best bet. Let’s have a look at the benefits of working with an investor.
- When you have an investor by your side, you normally start receiving offers within 24 hours. You don’t have to wait for an open house that helps you sell your house. You just have to call your preferred investment company, let them assess your home and often, an offer is made on the spot. Then you can accept the offer, decline it or propose a counter-offer. But you’ll quickly get an offer, thus eliminating the need to wait for long.
- Your home will be purchased on as-is condition and this is one of the greatest advantages of working with an investor. Your home might have its foundation a little shaky or the roof might be in a real bad condition but when you’re working with an investor, you don’t have to spend money for these repairs before selling of your home. Simply put, you can sell house without repairs. Additionally, if you want to sell your house without the help of an investor, you’ve to get your home inspected by a professional inspection company and needless to say, you’ll have to pay their fees.
- When you’re selling your home to an investor, you don’t have to pay any type of commission, which you might have to pay otherwise in case you work with agents. Investors don’t charge any fee for the services. The offer, which is finalized for your property, is the amount you’ll get on the closing date of your home’s sale. Most importantly, closing of sales typically happens quickly. For most cases, it generally takes a maximum of 10 days and you can receive your check within that period. The check would be of full offer price that has been made by the investor to you. Conversely, with conventional processes, your house can stay on the market looking for prospective buyer for weeks, months and in worst scenarios, more than a year.
If you belong to the league of owners who want to sell house quickly, or don’t want to perform repair work on home, or don’t have the financial resources required to sell home fast, working with an investor can be the most efficient way to achieve your objective of selling your home quickly.