If you’re thinking about selling, you’re probably evaluating your options right now and possibly deciding how fast to sell and who you can sell to. Check out this blog post to learn the 3 key advantages of selling to a real estate investor over a traditional buyer in Chesapeake…
So, you are now mulling over how to sell your house in Chesapeake and thinking about your options. One way is to connect to a buyer/investor, another is to use the services of a real estate agent, for a hefty fee. An investor can buy your house the fastest. Here are some details on the advantages to selling to an investor.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Chesapeake: No Repairs
Most houses are not in excellent condition. The houses you see for sale on the main websites online, they have been often fully rehabbed to the latest standards and usually all the work was done in the last 1-3 months. If you house was not fully-rehabbed in the last 3 months, you’ll need to come out of pocket to get the house fixed up properly and then cleaned up perfectly, so it can be sold for the highest retail price. So, what if you still live in it? What if you have tenants? What if you don’t have the time and money to repair it? You can skip all the repairs and cleaning and sell directly to an investor. They buy “as is”, in any condition.
If the repairs will be very expensive, if you do work with an investor, they will be the ones to deal with the contractors. Yes, that will be included in a fee for the investor, because they take on that risk – the repair costs, getting the contractors, hard money loans, etc. The benefits for you are time and no hassle to deal with any repairs, cleaning and showings.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Chesapeake: Speed
If you go to a real estate agent, the sale process will take time. First, you will need to find a good agent. Then they will ask you to sign an agreement with them to authorize them to sell the house so they can start advertising it. You will need to make sure the house is fixed up, pay for all the repairs and cleaning. On the other hand, when you sell to an investor, the sale will be completely finished in a week or two, and… no cleaning and no repairs needed!
And here is a bonus: you won’t have to pay utility bills or taxes while you wait for a buyer to be found if you go the traditional way. This can save you a significant amount of money too!
At Coastal Edge Homebuyers, we can often buy houses in Chesapeake within 7 days. Click here to enter your information and we can get back to you right away to give you more details.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Chesapeake: No Guessing
This one is important. When you are selling through a real estate agent, you will hope to find a buyer quickly, then negotiate to hopefully get the price you want, so this will take time. When you sell to an investor, there is no guessing – you know exactly how much you are going to get and you can even choose the closing date. Sometimes the whole deal is done in a week!
There are several ways to sell your house. Even though selling to an investor may not be the right choice for everyone, it might be the right one for you.