If you have decided to sell your home, then you have come across roadside signs stating “We buy homes for cash” or sometimes you have got an offer from a realtor to buy your house. The real estate industry has encountered huge changes in recent times and you can come across several investors for your home. But if you are dealing the investor for the first time, then you must understand the benefits and drawbacks of investors.
If you come across signs stating that “we buy houses in Columbus, Ohio and pay cash” in roads or newspaper ads, then you can speak to professionals working in the company and check whether they are interested in buying your home.
The recent article by http://forbes.com/ states that many sellers choose cash buyer for their home and the number of cash sale of the home is higher than the traditional selling method last year inUS.
First, find below the advantages in selling your home to the realtors.
Investors may provide several payment options like cash, certified funds, pre-scheduled cash payments. Since they have plenty of financing options, you can choose the favorable option based on your requirement. Some investors are ready to make cash payment for the home and this is the best option and you can get the payment in short time without many financial restrictions. Fast closing is the type of home selling process where the realtors sell your home less than seven days by avoiding all the crucial steps for selling the home
Some of the disadvantages in selling your home to realtors are listed below. Investors don’t require a license to purchase the home and you don’t know anything about them and the reason for the purchase. There are many fake agents claiming them as real estate agent and there is the risk of fraudulent financial transactions.