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An Insight Into Selling Your House to a Real Estate Investor
Posted: Jun 15, 2017
When you put your home for sale, your primary choice is always a family whom you can see settle in your former house happily ever after. However, offers may come from others as well such as – real estate investors, who generally seek out such properties to build up a property portfolio online and offline, both.
Experts suggest that sell a house fast in New Jersey, you should keep your expectations at a moderate scale-point because as with most of the transactions, there are upsides and downsides in selling your property to any one including investors. Thus, make sure that you have all the necessary information before handing out your home to anyone else.
Here are a few glimpses of how selling a property to a real estate investor will benefit you –
The advantages:
- Selling to a regular buyer typically makes you wait for the processing at first, then for the cash. Such delays subsequently slow down the closing, making the deal linger for more than necessary. Real estate investors work on a different mode. They move on the fastest track as their focus is either to put the property for rentals, resale or add to the current property portfolio. While dealing with investors, make sure that your cash is processed within a week to save yourself from a potential foreclosure.
- Second advantage is utterly unavoidable. Many real estate investors take over the owner’s mortgage formalities by offering several flexible arrangements, which is really quite good. Home owners, who are finding it difficult to find a buyer to help a quick sell, must seek out investors.
- Lastly and probably the best, real estate investors save you a lot of dollars as they buy your house ‘as is’ whereas owners often go into insolvency giving their properties the best curb appeal if they are targeting only regular buyers such as families or working individuals.
Just as a coin has two sides, so is the case with real estate. Take a look:
- You don’t really know who will finally be settling in your house as investors are not legally obliged to reveal their plans from the point they buy your house. Like many, you too may wonder if an investor shows interest just because he knows he can flip the house to procure more money or he will actually follow what needs to be followed in the process.
- Some investors bid for only those properties, which are priced below market value. If this is the case, you may lose a chance of getting the asking price from a regular buyer.
- You will have to engage in some rigorous market research just to make sure you are not being scammed by the investor, which could seriously be a daunting task.
Enlightenment –
Time to get real! You won’t normally find an investor, who would actually be interested to sell your house fast in New Jersey, and it’s because investors do prefer properties at cheap prices, but at great locations. Let’s put an example – if your property price is under market value and in the popular area of the town – it is more likely to be sold quicker.
Besides, investors normally find properties through their very own research, but you can of course increase your chances by working with any realtor, who might have worked with an investor before. Note – In this case, you might be charged a decent commission.
How to sell a house fast in New Jersey
- Contact the Turbo Home Solutions directly. They have been into real estate investment for quite a good length of time now, thus vetting their reliability won’t be that hard. Approach Turbo Home Solutions to sell your house fast in New Jersey.
We are here for you if you ever need any advice. Contact us today at info@turbohomesolutions.com or 973-963-7776.