Your house is probably the biggest or one of the biggest assets you’ll ever sell. So the sale of a house is a big deal in more ways than one. You may think of lawn signs and long processions of would-be buyers. Closing these deals can take months, lead to false starts, failed offers and an inability to get mortgages. If the house lacks permits, has an old kitchen, bathroom or siding, that can create problems. What if you could wave a wand and solve all those problems? While there is no wand, there is a way to sell a house that’s quicker, saving time, money and trouble. You may want to reach out to or at least consider a sale to a real estate investment company that funds the purchase and can offer you a hassle-free home sale far quicker and, for many who pursue it, at a higher price.
While most people sell to residents, real estate investment companies can give sellers a viable option to sell for cash. Since investors fund purchases, that takes the uncertainty of a mortgage out of the equation. When we buy houses in Long Island NY the sales can close in days or weeks instead of many months, saving carrying costs such as taxes and utilities. If a house has issues – tenants not paying rent, tax trouble, environmental concerns, damage or other difficulties – a real estate investment company is designed to be able to deal with those. Can’t get a mortgage for some reason? No problem. A real estate investor doesn’t need one. An investment company like Handsome Homebuyer, the company I lead, has people on staff to solve most problems if you need to “sell my house fast for cash”. While selling to residents can be a great option, it makes sense to know the pros and cons of selling to a real estate investor for cash and whether, when and why it can work for you.