Many times I hear from people who are selling a home as is because I'm a real estate investor in the business of buying homes to resell for a profit
. I am the perfect buyer for people who are selling a home as is and I've learned a lot about how it works. In this article you'll learn about it as well.
The first thing that usually happens when you call a real estate agent to list your home is you hear a list of things that need to change. This is perfectly appropriate of course because an agent's job is to help you prepare your home to look its best, to show well and bring the highest selling price. Well, the items on the agent's list may cost time and money that you're not willing or able to spend and so that's when you start to think that selling a home as is sounds better and better. It is certainly one way to avoid the expense of fixing up your home as well as paying a real estate commission at closing.
Selling a house for cash may be a lot easier, too. First, you don't have to do any remodeling or repair work. And second, most real estate investors you call to get an offer on your home will be in a position to pay cash and close quickly. They are usually in a hurry to work on the home and get it sold or leased to tenants so they want to close the transaction with you as soon as possible. If your own circumstances dictate that you need some time to make arrangements to move out you'll find that investors are usually very cooperative with your time schedule. It can be a win-win situation when you find the right investor who is looking for a home like yours when you're ready to sell.
And there's another benefit to selling a home as is. One thing you will totally avoid is the long wait for a buyer to obtain financing these days. Selling to an investor for cash means that your transaction is not subject to financing, a real advantage in the present tight mortgage market. More likely than not, selling your home to an investor means that he will probably be waiting for you to move out rather than you waiting for him to close. Investors usually have a team of professionals lined up to do the title work and prepare the closing documents, meaning they take care of the seller's costs. Selling a home as is to an investor can be a good solution for many homeowners today.