When you need to sell a home quickly — and we mean quickly, as in days or weeks, not the months it can take today in many areas — consider selling it to property investors. These are the folks whom you see advertising in your town or city with an ad that goes something similar to: “We’ll, pay cash for your house immediately, no matter the condition.” This is a great way to get quick cash for a home.
Most people automatically think they must sign up with a real estate agent to sell their home. This whole process can take weeks, if not months. You must interview different agents, you need to get comparables (the prices of homes sold recently in your neighborhood so that you can get decide on a starting listing price for your home). Your agent probably will recommend that you fix up your property, inside and out and hold open houses. You’ll then more than likely wait (and wait and wait!) for an offer, then negotiate the sales price, complete the legal paperwork, and much more.And then, don’t forget, home sales often do end up falling through (your buyers couldn’t sell their house, they couldn’t get approved for a home loan, they change their mind right before closing escrow) and so you’ll have to go through the whole process again!
Selling your home to a property investor is a simple and easy way to get quick cash for a home. Property investors will offer to purchase your home fast, regardless of its condition (which can save you a ton right off the bat because you won’t have to spend money on new paint, carpeting, grass, etc.).
This can really be a great deal for both you and the property investment company.You get cash for your home in mere days and the company that gives you quick cash for a home buys the house at a discount.
The only possible downside to selling your home for cash to a property investor is that you might get less for your home than you would if you sold it the “traditional” way, with a real estate agent. However, considering the amount of money you’ll lose in Realtor commissions, the price you get with a quick cash for home buyer may not be that much different than the amount you’d receive after paying your agent his or her commission.
Obviously, the better shape your home is in, the more money a property investor will pay. In addition, depending on the reason you need to sell a home quickly — you’re in danger of going into foreclosure, or you need to move to another state fast in order to take advantage of a new job or job promotion — an investor has several purchasing plans to help you. The company can give you a lump sum, quick cash for home payment; it can take over your mortgage payments; it can give you an upfront payment and then pay you the remainder of any equity you may have in payments when it resells your home; among other plans.
You needn’t be “afraid” of selling your home without a real estate. Instead, doing so can be one of the smartest financial moves you could make if you need to sell a home quickly.
Rodney West is the owner of Sell Homes in AZ, cash for home buyer in Arizona. Rodney’s experience in selling homes for cash in Arizona comes as a valuable asset for homeowners looking to sell homes quickly.