Find An Investor To Buy Your Home For Cash
One of the joys of selling a house as is might surprise you because more often than not you will be selling to an investor for cash
. Why do I make this bold assumption? Well, the reason is simple. I am a real estate investor and I pay cash for homes quite often, and I've been doing that same thing for over 30 years.
In my business I've developed a system for how to sell a home for cash that works for me, and since I've shared my system with other investors and brokers I know it works for them, too. It involves handling the legal work associated with purchasing a home and closing the sale. Of course I don't do any legal work myself since I'm not a lawyer, and for the most part the other investors I've trained are not lawyers either. But we all know how to put together a real estate transaction so that it closes quickly and easily for everyone involved.
When you are thinking about selling a home as is you might begin wondering what happens after you locate an interested buyer. Finding your buyer is just part of the process and what comes after that can be more time-consuming and tedious. It can also be expensive. Maybe you recall the closing costs you paid when you purchased your home, or at least you've heard about closing costs and how they are skyrocketing now in this difficult mortgage market.
People in the business of mortgage financing have to earn a living and in order to do so sometimes there are various fees added to a borrower's closing costs. These costs are supposed to be disclosed at the inception of the mortgage application process, but I have noticed that sometimes it doesn't work that way. Sometimes there are fees on the closing statement that take everyone by surprise. By the time you reach the closing table there is very little that can be done to change the situation. The time to deal with extra fees is to simply make sure there is no chance you will be charged closing costs in advance.
So, how do you eliminate closing costs altogether? One way that I know from experience is available to homeowners selling by owner to professional buyers known as real estate investors. More often than not a real estate investor will pick up all the costs of closing the transaction because he or she has a system of professionals in place to handle the legal work. This means you don't have to be responsible for any of it, and that's a good thing!
by: Leo Kingston
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