Are you ready to sell your home and don’t know where to start? You may be asking yourself, “Do I need a Realtor or real estate agent?” The sales process of a home can be long, confusing, and expensive. If you sell a home for home $200,000, you could be paying $12,000 in real estate commissions. This doesn’t even include home repairs, inspection fees, home staging costs, mortgage payoffs, and more fees. When it is all said and done, the sale of a home can leave a deep hole in your wallet.
If you are looking to cut the costs of selling your home, you can sell it as-is for cash to a real estate investor. “As is” sales of home means that you are selling a property in its current state with an understanding that no repairs or improvements will be made. The home is sold with all of its faults and issues.
The Pros of Selling Your Home to an Investor
As-Is Purchase
When a home is sold as-is, the seller does none of the home repairs before closing. If you need to sell your home quickly and don’t want to make repairs to the property, selling as-is would be a great option. This type of sale generally results in less money for the seller, but it comes with some major benefits. Here are some benefits:
- Low upfront expenses
- Little work required
- Homes can quickly be placed on the market
- Avoiding home inspections
Reasons to sell as-is includes:
- You can’t afford the repairs.
- You don’t want to handle the stress of a home sale.
- You are in financial distress.
- You need to sell your property as fast as possible.
Foreclosure Assistance
When your home is in foreclosure, there is not a lot of time to sell your home to avoid the foreclosure from being completed. This period is typically less than 90 days. If you are unable to settle your debts, you will need to sell your property quickly. Time-sensitive home sales make working with a real estate investor logical. You likely will not have the time needed to find a realtor and finish the sale based on their home selling process. Additionally, most realtors will not take on your home sale with the time constraint of a foreclosure.
Real estate investors frequently purchase homes in foreclosure, so they can help you navigate the process.
No Prep Work
The traditional home sale process is time-consuming and laborsome. Cleaning, repairing, staging, and other prep work goes into home sales with a real estate agent. Not to mention, the home staging process can become quite pricey – painting rooms, repairing walls, carpet cleaning, landscaping, etc.
Real estate investors can more about the financials of the home than the looks. The goal of an investor is likely to turn around and sell the home quickly or renovate after the deal.
Low Risk
The majority of real estate investors pay for properties with cash. This will eliminate the uncertainty from a buyer applying for a mortgage. Even if a buyer has been preapproved for a loan, the lender can refuse to issue the funds if the buyer fails their credit check.
No Financing Delays
The majority of home buyers finance their home purchase, which adds time and complexity to a home sale. Even if the financing process goes smoothly, it takes on average 45 days to close a purchase loan. Working with real estate investors will speed up the process by eliminating financial delays. Investors typically pay cash, which means that you can have cash in your pocket within days.
Sell Your Pittsburgh Home To Investors
Are you looking to sell your own home? If you are looking to sell your home fast or would like to not go through the hassles of a traditional home sale, you should consider using a real estate investor. They will pay cash for your home and the closing process will be quick.
If you are located in the Greater Pittsburgh Area and want to sell your home, contact 3Rivers Property Group today. We help homeowners by providing simple, fast solutions for their home selling problems. We understand that selling your house can be a difficult and stressful experience. Our goal is to take some of that burden off your back. Contact us today!
