subject: Other Options For Selling A Home Without A Realtor [print this page] Maybe you are finding yourself in a situation where you need to sell your house fast and you need to find a cash buyer. Lots of people are in that situation these days. Even though it can be a challenge to find a cash buyer, it is not impossible. I usually look for a cash buyer when I want to sell my house fast because that way I don't have to wait weeks and weeks for my buyer to get financing approval.
I'm assuming that you borrowed money when you bought your house and that you are familiar with the mortgage application process. But in case you have not applied for a mortgage in the last couple years, you might be very surprised how much the application process has changed. There was a lot more latitude in the past, prior to the last couple years, and now federal and state regulations placed on lenders are much more strict. It's easy to see why lending requirements have had to change when you look at our national economy. Over the past decade loose lending practices and adjustable rate mortgages that have contributed to huge problems in our economy. Those are the same problems that have made it more difficult to obtain mortgages today. Even borrowers with good credit find themselves having challenges getting a mortgage today.
So, I suggest looking for a cash buyer if you want to sell your house quickly. Investors who buy houses regularly to resell them or to lease them out as a business are in the business of paying cash for houses. I am a real estate investor myself, but in the course of my business I also buy worth with other real estate investors, too. We all work with each other on occasion when we need capital a different type of property in our inventory for some reason. So I often call other real estate investors when I want to sell my house fast and avoid having to wait on anybody's financing approval.
You can locate investors on billboard ads and in the classified ad sections of local newspapers. Another good way to locate real estate investors is by making note of phone numbers on For Rent signs you see in your neighborhood. More times than not, you will discover that those houses are owned by investors who often pay cash for houses like yours. That's one way I've met other investors so that I'd have more options when I want to sell my house fast.
