Should I Sell My Home To An Investor?
When you sell your home to a home investor, you aren’t working with a real estate agent, meaning your home will not be listed on the MLS. You can think of selling a home in Nevada to a home investor like selling a car all by yourself.
You can list you car on a wide variety of selling platforms and base the price on similar makes and models, though if your car requires repairs, you may need to lower the price. You might be able to repair it before selling it or take it to the dealership so that they can buy and repair it, leaving you with less to worry about.
In many ways, selling your home to a home investor is similar to selling your car to a dealership.
Why You Should Sell Your Home to an Investor
There are a few reasons why you might consider selling your home to an investor. Here are a few of the most popular reasons:
- Foreclosure: You may need to sell your home quickly if you are facing foreclosure or are in financial need.
- Inheritance: If you inherited a home from a family member and you don’t want to deal with the capital gains you may have to pay from it remaining vacant, you might want to sell your home quickly.
- Need To Move: If you need to be flexible with your move, you might want the added flexibility that comes with investor negotiations.
- Major Repairs Needed: You may have a home that is outdated or repairs that are too expensive for you to make on your own.
Home Investors – What Are They?
Home investors are individuals, groups, or companies, that are in the business of buying and selling home properties for profit. They will buy homes in cash to either rent or flip, sometimes purchasing homes in bulk.
The buying and selling process is very different compared to the traditional process, meaning the negotiations will often be different.
Top Reasons You Might Sell To An Investor
If you are tight on money or time, selling your home to an investor could be extremely beneficial. You would likely have to prepare your home for buyers if you were to sell your home using traditional methods, which might include painting, decluttering, gardening, professional photography, staging, open house scheduling, etc.
All of this could add up to thousands of dollars spent, which you otherwise could save by selling as-is to an investor.
Of course, one of the main downsides of selling to an investor is the price, as you will likely not get top dollar for your property when you sell to an investor, especially if your home is in disrepair and needs a lot of work.
While we provide homeowners with fair market value prices here at National Cash Offer, we must also take into account the costs of getting a home ready for resale.
If you’re interested in learning more about the process of selling with an investor, make sure to get in contact with us here at National Cash Offer.