10/14/2019
6 Advantages to Letting an Investor Buy Your House.
When you’re planning to sell your house, you probably first think of listing your home with a Realtor who will help you put it on the market. But this method can be time-consuming and more expensive than you realize. Fortunately it isn’t your only option. Instead, consider selling to a home investor.
Selling The Traditional Way
You may have to make necessary improvements, investing money in repairs and sprucing up the property’s curb appeal. Your home may languish on the market for months. Meanwhile, you still pay for your mortgage, utilities, and home insurance. When you get an offer, your prospective buyer is unlikely to pay your full asking price. He or she will likely ask for an inspection or demand that you make further repairs or improvements. After all this, the deal can still fall through if the buyer experiences financing issues.
The Home Investor Difference
Selling your home to an investor may not be an option you’re very familiar with. However, it is definitely one worth considering, especially if you’re looking to sell quickly.
Below, we list several advantages of selling a house to an investor.
1. Speed.
Listing a home with a realtor can be a time-consuming process. Your home may be marketed through advertising and open houses, with an average listing agreement of 6 months.
Once you finally find a prospective buyer, he or she will probably have to qualify for financing, which can create further delay or even cause the deal to fall through. Private buyers also often make the sale contingent on your home passing an elaborate inspection – which is not always guaranteed, especially if you have a fixer-upper or an older home on your hands.
The Legacy Property Solutions difference:
Legacy Property Solutions is ready to buy with cash and close the deal right away. This can be quite the advantage, especially if you’re in a situation where you need to sell fast. We present you with a no-obligation cash offer for your house within 24 hours, and in many cases sellers walk away with money in the bank only a few days later.
2. No need to put more money into your home.
If you’re selling a home to a traditional buyer, odds are the future owner expects his new home to be in tip-top shape. You may find yourself paying to replace flooring, install a new roof, paint inside and out, improve landscaping, and take care of countless other time-consuming and expensive improvements that you wouldn’t have to worry about if you were selling to a home investor. Worse still, you may be squandering precious dollars with no guarantee that these fixes will result in a sufficiently high sale price so you can recoup your investment.
The Legacy Property Solutions difference:
Legacy Property Solutions will buy your home as-is, in any condition, so you don’t have to spend the time and money on improvements. If repairs are needed, we adjust the purchase price accordingly and take care of getting them done after the sale is complete.
3. No commission fees.
Understandably, a real estate agent doesn’t work for free. When you list your home with an agent, you’ll either pay a flat fee or, more commonly, owe a commission based on an agreed-upon percentage of the selling price – usually 6%. This means that if you’re selling a $200,000 home, your agent stands to make $12,000 from the deal. This percentage holds true whether your real estate agent goes to great lengths on your behalf or seems to have little involvement.
So what about the for-sale-by-owner route? While you may be tempted to try and sell your home to an individual buyer on your own, this can be a complicated undertaking. You’d have to perform market research, create and implement a marketing strategy, vet prospective buyers, and draw up a pretty intimidating stack of paperwork.
The Legacy Property Solutions difference:
We never charge any hidden fees or commissions. Period.
4. Ability to avoid foreclosure.
If you’re behind on your mortgage payments and your lender is threatening to foreclose on your property, you’re in a stressful situation. Sometimes it is possible to negotiate more favorable loan terms with your lender in hopes this will ease the financial burden and you’ll be able to keep the house. A loan modification may not be approved however, and by the time your lender makes this decision, you’ll be even further behind on your mortgage, which in turn increases your risk of foreclosure.
The Legacy Property Solutions difference:
Selling your home to us could help you avoid foreclosure and give you the cash you need to move on.
5. Help with inherited property from home investors.
If you’ve inherited a house and already have a home of your own, you may find yourself needing to sell. If the house remains unoccupied, it can be harder to insure and be vulnerable to theft, vandalism, or damage due to lack of maintenance. This, in turn, may result in depreciation and make the house more difficult to sell when you’re ready.
The Legacy Property Solutions difference:
We can buy your home and even arrange for a moving company to help you clear out the house. Legacy Property Solutions can also assist you in navigating the legal process if you’ve inherited the house without a will and are working through title, lien or tax issues.
6. No need to clean.
Traditional buyers want a home to be immaculate when they move in, meaning hours or even days of cleaning, polishing and scrubbing a house you won’t even live in.
The Legacy Property Solutions difference:
When you sell your house to Legacy Property Solutions, we take care of the nitty-gritty for you. Because we purchase the property as-is, you won’t have to lift a finger unless you want to. You’ll save time and the cost of paying a cleaning service to do the dirty work. Simply take what you’d like to keep, and leave the rest for us to dispose of. Whether you’re dealing with your own home or are faced with sorting through a deceased loved one’s years of accumulation, we make selling your house easy.
Contact Legacy Property Solutions if you are interested in selling to a home investor today and we’ll assess your house within 24 hours. You could receive the fairest cash offer possible on the spot and close within as little as 30 days in most cases less. We’re a local, reputable company with an experienced team who will gladly answer any questions you may have.
Legacy property Solutions is also giving away free vacation trips to your preferred choice of either Las Vegas, NV or Hawaii if you sell your home to us! But you must act now as we are only able to give away this free gift from us for a limited time.
