Home ownership just isn’t what it was like back in the 1950’s.
In the past, people would buy a home and live there for the rest of their lives, often passing it on to their family. How things have changed now. Many first-time homebuyers are going into it with the frame of mind that they would sell when it’s time for a change. If you’re looking to sell your house, you could be frustrated with the amount of work and money needed to prepare the house for sale.
For home sellers who are looking to sell in a hurry, avoid stressful and costly repairs, or prefer a more convenient selling process, finding a cash buyer might be a great option. Read on to make an informed decision and understand how selling to a real estate investor work.
How To Sell Your House To An Investor in Portland
One option that many homeowners are turning to is selling to a real estate investor such as SCAL Real Estate LLC to buy your house directly from you.
These independent investors typically purchase homes, repair them, and then use them to generate income – either keeping them as rental units or selling them for a profit. Portland has plenty of reputable and trusted real estate investors who are able to help you sell your home quickly.
Selling your house to an investor is relatively simple and straightforward.
First, you provide him or her with information about your home and personal situation.
Then, the investor will inspect the home and determine a fair value by taking into account necessary repairs and upgrades.
Last, he or she will make an offer. If the offer works for you, you will close, and receive the payment for your house in cash… usually within 7 days if you want to close ASAP.
How Fast Can You Sell Your House To A Local Investor?
This process is extremely quick compared to more traditional methods of selling, often taking as little as 7-10 days, thus eliminating the risk of financial delays.
If you need to sell your Portland home very quickly, with as little hassle as possible, selling to a real estate investor is a great option.
When you work with a real estate investor, there usually aren’t any fees involved. You don’t have to worry about paying an agent commission, and more often than not, the investor will cover the closing costs.
Real estate investors are often looking to purchase homes at a discount, allowing them to fix up the house – if it needs repairs – and then sell the home to another home owner.
The Hidden Costs Of Waiting To Sell Your Portland House
Many people don’t consider the hidden costs of holding on to a property.
Extra months of mortgage payments, utilities, maintenance costs, and other fees could quickly add up. By selling at a slight discount, you could potentially end up with a larger sum in the long run.
By selling your home to a real estate investor, you are saving yourself possible months of headache finding, hiring, and overseeing construction crew. You also don’t have to spend repair money that you’d have to pay if you were selling via traditional route. You will avoid expensive fees and closing costs, and investors will purchase your home as-is, and you can quickly move on to your new home.
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