Should I Sell to a Home Investor?

Should I Sell to a Home Investor

If you are planning to sell your home, you are probably thinking of working with a realtor, who will help you put your property on the market and find potential buyers. However, not everyone has a positive experience when working with a realtor. The good news is that there are other ways to sell a home, and one of the most popular and efficient ways is selling it to a real estate investment company. If you have never sold your property this way and wonder whether it is a good idea, here is a list of benefits of selling your property to a home investor:

You Can Avoid Foreclosure

If you are late on your mortgage payments, you are considered delinquent and are likely facing foreclosure. If your home is in foreclosure, it is important to sell it as soon as possible before the foreclosure is completed. Otherwise, your credit score will be negatively affected and you’ll lose any potential profit you could have made from a sale. In most cases, the duration of a foreclosure process is around 90 days, which is not enough to find a realtor and sell your property the traditional way. Therefore, the best and the fastest solution will be selling  your home to a home investor. Home investors are familiar with the foreclosure process and know exactly what needs to be done. 

Your Home Sale Will Be Quick

If you’ve decided to sell your property to a home investor, you will most likely receive an offer within 24 hours. You do not have to wait around twirling your thumbs or hold open houses and hope that at least one of them will be successful. All you need to do is to contact a home investment company, schedule a tour around your property, and receive a cash offer after that. From there, you can either accept an offer, make a counteroffer, or reject the offer. 

You Can Sell Your Home As-Is

One of the main reasons why many home sellers choose to work with home investors is because they can sell their property as-is. This means that they do not have to do any repairs or renovations, which helps them save money. Home investors do not care about the condition of a home because they are going to fix and renovate it anyway. If you do not have time to work on your home or do not have financial resources for repairing and renovating it, selling your property to a home investor is definitely the right route to go. 

There Is Not a Lot of Paperwork

It is not a secret that selling your home the traditional way involves a lot of paperwork. You will have to sign dozens and dozens of papers and documents before your home is finally sold. Working with a home investor is much easier. There is almost no paperwork, which makes the whole process shorter and less stressful for you. 

You Can Avoid Realtor and Closing Fees

One of the main disadvantages of working with a realtor is that they charge you fees. The commission of a realtor can be as high as 6%. This means that if you sell a house for $300,000, you will have to pay $18,000 to a realtor. In some cases, a realtor may also charge you extra for advertising and listing a property. However, you can avoid all these unnecessary expenses if you decide to sell your home to a cash buyer. 

No Cleaning or Staging Is Necessary

If you decide to sell your property with the help of a realtor, there are a lot of things you will have to do before showing your property to potential buyers. Among them are cleaning and staging, which require additional money, effort, and time. If you do not feel doing all of this, sell your house to a home investor. You do not have to worry about making your property clean and perfect because an investor will purchase it anyway. 

Sell Your Home Fast With Frank Buys Houses

If you own a property in Stockton, CA, and you want to sell it quickly, easily, and without hassle, Frank Buys Houses, a home investment company, is ready to help you. We are ready to buy you home in its current condition and will provide you with a fair cash offer. You do not have to worry about realtor or closing fees, repairs, renovations, or cleaning. We will make the home-sale process as straightforward as possible. Do not hesitate to contact us today to receive your cash offer tomorrow.