The 10 Best Resources For Investment
When selling a house, there are many options a seller can use to get money for the home. One of the ways a homeowner can use to sell their property is by listing the house with a real estate company. The real estate company will do the whole process plan for the marketing, getting a buyer, showcasing the house and the final sale to a buyer. This is one of the oldest methods that has been used by many people to sell their home. Apart from this method, there is the modern way a seller can use to sell the house. This involves looking for an investor who wants to buy the house for cash.
Both this methods, selling to an investor and listing with a realtor have advantages and disadvantages. It is important to note that homeowners nowadays prefer the second method that involves selling the property to a real estate investor instead of listing with a real estate agent. 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 report therefore discusses some of the benefits of selling the house to a cash buyer instead of listing with a real estate agent.
The first advantage of selling the house to a cash buyer is that it is fairly quick compared to selling listing your home with a real estate agent. It is essential to note that selling the property to a real estate investor is the quickest method you can use to sell your property. This is because, the deal is normally completed within days and you get money in your account. Listing the property to a real estate agent on the other hand is a slow procedure that has a lot of disappointments.
It is important to note that listing your home with a real estate agent is normally because buyers who use this service use mortgage to buy the property. Mortgage takes time before they can be approved by the bank, normally six months. This is because the loan facility will need information about the buyer including their credit ratings before they can approve the loan. It is important to note that in some circumstances, the loan process may be rejected after some months and if this happens, realtor will have to start the whole process again and this may make your property to be in the market for even one year before you get a genuine buyer. It is therefore important for an individual to sell their property to an investor when they need money urgently.