Importance of Selling a House to a Cash Buyer.
It is important to note that there are many ways a seller can sell their houses. The first method a homeowner can use involves using the services of real estate company. The realtor will be concerned with whole process organize for the marketing, showcasing and the final sale to a buyer. It is imperative to note that this is the oldest method of selling a house that has been used by many people. Apart from this method, there is the modern way a seller can use to sell the house. The second technique involves looking for a cash buyer.
Both this methods, selling to an investor and listing with a realtor have advantages and disadvantages. There is a current trend that indicates that seller prefer the modern method that involves selling to a real estate investor. It is imperative to note that selling a house to a real estate investor has many advantages than using the services of a real estate company. This article highlights some of the advantages of selling the home to a cash buyer instead of listing the property with a realtor.
The first importance of selling the property a real estate investor is that this strategy is fast compared to selling the using the services of real estate agent. Homeowners who want to sell their property need to realize that selling the house directly to a real estate agent is the fastest method they can use to dispose their property. When selling the house to a cash buyer you will be able to complete the deal in matter of days and the money deposited in your account as fast as possible in some instances within twenty-four hours. Listing the property to a real estate agent on the other hand is a slow procedure that has a lot of disappointments.
This is because listing a house with the realtor, the buyers who will buy the home normally use mortgage for the purchase. The average time the bank will take to process the mortgage is usually six months. This is because the bank will need to get the details of the buyer including their credit ratings before the loan can be approved. In some cases the loan process fails at the last minute, and if this happens, the realtor in charge of your house will have to start the whole process again, this may make your property to be in the market for even a year. It is therefore important for an individual to sell their property to an investor when they need money urgently.