The Coronavirus pandemic has left the economies of countries around the globe in shock. With millions of people losing their jobs, it has become nearly impossible for some homeowners to pay their mortgage payments on time.
If you are planning on selling your house as a last resort to avoid foreclosure, we suggest that you opt for a real estate investor instead of a realtor. Here is why a real estate investor is your best choice;
Selling a house through a realtor at present could take months. Whereas an investor or an investment company, on the other hand, would offer you a fast and hassle-free cash sale. Need our help to sell your property fast? Give us a call and we will give you a fast, no obligation offer to purchase your property.
Typically, a realtor takes around 5-6% of the sale price as commission. Opting for an investor helps you avoid the realtor’s commission and gives you a few extra thousand dollars worth of profit.
The best thing about selling a house to an investor is that you don’t need to spend any of your hard-earned money on repair and maintenance of a property that you don’t wish to keep any longer. Real-estate investors buy your property in “as-is” condition and adjust the price accordingly.
It can often take years to sell a distressed or disputed property. Traditional homeowners don’t wish to invest in properties that come with additional baggage. But investors, on the other hand, focus on investing in distressed, damaged, or dilipidated homes to restore properties to the former glory.
In the event of an impending foreclosure, you don’t have the time to wait for an interested buyer. Under current economic conditions, it may be difficult to find a retail buyer within 90 days. So opt for an investor who would help you get out of debt immediately with a quick and easy sale of your home.