on your own property sale. The question is, should you consider selling your home to an investor if you’re pressured by your financial situation into making a fast sale? Is it worth it? There is much to say about selling to real estate investors, as this subject has been highly debated and widely considered controversial. Let’s review the pros and cons of selling your house to an investor. The potential benefits of selling your property to a real estate investor include: • a fast sale, which can go as fast as seven days to closure • flexible payment options; a professional real estate investor might give the owner the possibility of choosing cash, certified funds, or even go as far as to take over the mortgage completely. • An “as-is” sale—the investor might offer to buy the house without even visiting or inspecting the property. That can spare the owner significant costs in repairs.
There are downside potentials of selling to a real estate investor.
• In such sales, homeowners tend to sell their homes well below current market value, thus losing a considerable amount of equity and money. Real estate investors are interested in underpriced homes located in great renting areas. This is a business for them. • Real estate investors aren’t obliged to have a license to buy. • The buyer’s agent is also not obliged to tell you who is investing in the property. That means you have little to no information about who is offering to buy your home. This
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