On Properties: My Thoughts Explained

Sell Your House To A Real Estate Investor Or Realtor?

Say for example that you are a bit puzzled whether to sell your house with the help of a real estate investor or real estate agent, then reading the whole content of this article is going to give you valuable info that can help you come up with valuable decision.

Step number 1. Determine how fast you want to sell your house – for sure, you’ve gone through the traditional process of home buying. With the help of a real estate agent, they will find us a house that suit our preferences and interests, have our inspections as well as appraisals performed, get approved for financing and then, negotiate with the seller. The entire process will likely take 30 to 45 days and it could be both exciting and stressful at the same time. For numerous people, this is only part of the process and with this in mind, they are expecting it to happen.

The question that many are wondering is, what if you’ve got to sell the house fast? This is where a real estate investor will come to the picture as they can buy houses a lot faster compared to the traditional sales for few reasons like investors are working directly with you and these investors are also self-financed meaning, they don’t need approval from the bank to make a purchase.
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Step number 2. Know what repairs the house needs – many expect that buyers are going to make some updates and modifications here and there when searching homes in older neighborhood. Typically, mortgage companies are fine with this so long as everything’s in working order. In case that your house is in good repair but requires few updates, then you will not have much trouble in selling it to a real estate agent.
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On the other hand, what if your house needs remodeling and repair? You better contact a real estate investor in regards to this because they’re willing to buy houses no matter what its condition. They’re basically specializing in buying houses in “as-is” condition with full understanding that there’s probability that the property have serious issues.

Step number 3. Be aware of the actual costs associated in selling your house – there are some costs associated with the conventional real estate sale and some of these are commissions from the real estate agent, closing costs, negotiations as well as soft costs. All of these things are being handled and explained to you by your real estate agent.

Otherwise, if you are talking to a real estate agent, they’ll not apply any charges but buy the house for a lower price than its market value.