Like most things, the real estate business has changed considerably over the last few years. In the past, when you wanted to sell your home, you either listed it with a real estate agency or attempted to sell it yourself. Today there is a third way. It is quite common to sell a home to a property investor. Selling to cash home buyers in Sacramento is somewhat new. Many homeowners may not have encountered these groups before.
Why Sell to an Investor?
Not everyone has the luxury of time. Some people take a new out-of-state job, others are struggling with cash flow problems, while still others may be going through a divorce. There are many reasons that people need to sell quickly. For these people, selling their house fast, for cash, will often solve their immediate problems.
There are other reasons why selling to an investor may be in your best interest.
- Flexible Payment Options: The most frequently used method is to purchase the property for cash. However, other payment methods are available to suit the needs of the seller. The buyer may be in a position to assume the current mortgage. The buyer can arrange long-term, pre-scheduled payments that may be an ideal solution for new retirees.
- Sell the House in “as is” Condition: If the house is not in the best condition, a conventional realtor will want you to make any necessary repairs or modifications. To a realtor, a house must be in pristine condition. Property investors do not have this concern. Investors buy properties in any condition, knowing in advance that they plan to remodel the house for resale.
For most people, selling to a property investor gives them quick access to cash. Most sales can close within a week or two. Because the sale is cash, there is no need for the involvement of banks, inspectors, or appraisers.