There are many investors, or investment groups, who purchase homes. These houses, after purchase, often become rental properties. Some are fixed up, placed back on the market, and sold for a profit. Regardless of the reason for buying, or the condition, there are investors who say, “We buy ugly houses in Virginia.” House flipping has become a lucrative business for investors in real estate.
If the house were to be sold by a realtor, or sold privately, the owner would, in most cases, get more for it. Although this is the case, there are many good reasons why homeowners are turning to investors when they need to sell their house fast and sell it for cash.
If you want the best price for your house, you will face a considerable wait, and preparing the house for sale can be expensive. In exchange for a lower offer, property investors can convert your house into cash quickly and efficiently. If you need to sell your house, for cash, selling to a real estate investor is the best way to go about it.
There is no need to “hum and haw” when you sell to a real estate investor. The decision you must make is simple. Will you accept the offer or not? You do not have to decide what repairs are necessary, or what maintenance items must be taken care of. When you accept an investor’s offer, consider the deal done.
No Real Estate Agent Involvement
Just as it takes time to prepare a property for sale, and to find a buyer, it takes time to find a real estate agent who is interested in selling an ugly house. An investor knows up front the condition of your house and makes an offer based on this and it’s location.
Some homeowners attempt to avoid real estate commissions by selling the house privately. This approach takes a lot of work and can be risky, as you must represent yourself throughout a process you may not be familiar with.