The steps to selling a house by traditional way involving real estate agents and open house showings can be a stressful experience. It can also be particularly stressful if you are having financial difficulties or the house you are living in is damaged or not in good condition.
Some homeowners are at a loss at what to do when their home becomes more of a burden than a dwelling, and in these circumstances, real estate investors can be a good source of help. You can hire real estate agents if you need to sell your house.
Here are a few reasons why selling a house to an investor may be the right choice for you.
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The average time the house stays on the market from its listing date to the date of sale is about three months, depending on the local market. Many homeowners do not have three months to wait for a sale, and during slow seasons or a buyer's market, the spin time for a sale may be longer months.
A quick house sale can be also hampered by legal proceedings. An offer of the buyer may include certain conditions such as waiting for the buyer to be approved for the loan or conditional rate mortgage insured by the buyer.
In any case, if the homeowner does not care, even when a seller receives an offer, the offer may involve some conditional measures that will leave the house on the market for the week than expected.
Since investors are looking to make a profit from home usually they go looking at a house in need of repairs because it usually has the best profit potential.