There are many ways to sell a house these days.
One that is becoming more and more popular is to sell it to a Real Estate Investment Group. This is especially true for people that want to sell a house quickly. What exactly does that mean? And if you’re interested, how do you do it?
In this video, we’ll take a look at the reasons and the process to sell your house to a Real Estate a Real Estate Investor
QUICK CASH W/O COMMISSION
Real Estate Investment Groups have the capital to pay you immediately for your house. And this turns into a speedy transaction, which is perfect for sellers looking to get money fast. You also don’t have to pay a commission. Real estate agents typically take a 5-6% cut of the sale price. Sometimes it’s higher. But, if you sell a house fast with a Real Estate Investment Group, you can forego that painful percentage cut. Let’s help you visualize what that 5-6% actually means. Let’s assume your house is worth a $250,000. 6% of $250,000 is $15,000. And if your house is worth $500,000, 6% is $30,000. You could buy your child a brand new car for that amount! Getting rid of that 6% commission will certainly put more money in your pocket at closing time.
When you sell your house through an agent, buyers will certainly want to inspect the house. This often results in costly repairs on your end. But some investors will buy your house without any inspections, meaning you might sell even faster because you avoid repairs. Home inspectors get busy. You could be put on a waiting list. And the inspector might take a whole month to get to your house. If you have the opportunity to sell to an investor without waiting for an inspection, go for it. You will definitely sell your house faster.
SPEED W/O MIDDLEMAN
Have you ever tried to speak to someone through a translator? It’s time-consuming and can quickly get annoying. When you use an agent to sell your house, you have a long line of middlemen you have to go through before 1 / 3 Video Report For Order # 389992 selling your property. If you want to sell a house fast, don’t go that route. You will only get bogged down in a domino chain of middlemen that are glued to the table. On average closing on a house can take up to 45 days in NY, NJ, and CT. If you sell a house fast by selling to a Real Estate Investment Group, you can shorten the closing time to seven days. That’s an 84% reduction in the time between when you decide to sell and when you have cash in your pocket!
If you’ve hit a particularly bad stretch and can’t pay your mortgage anymore, you should consider selling your house to a Real Estate Investment Group. While it won’t get you your house back, it will help you avoid foreclosure by the bank. Foreclosure will destroy your credit score and put your family at risk. If you let this happen, you will have a much harder time getting a mortgage for your next house. But, if you sell a house fast through a Real Estate Investment Group, however painful it might be in the moment, you save your credit score. You can use whatever is left over after the mortgage to put down on a smaller house. Or you could rent for a while until you rebuild your finances again.
If any of the above benefits of selling to a Real Estate Investment Group appeal to you, then you’ve come to the right place.
Sell your home fast in NY, NJ, and CT through Sell Now Homebuyers. It’s quick, easy and free. If you’re looking for a cash offer on your New York Tri-State area house we can help. We’ll present you with a fair no-obligation offer and we’ll get you in contact with a local and reputable attorney and title company. Also, if you enjoyed this video, don’t forget to like, comment and subscribe!