Although owning a home is a big achievement, certain situations might force you to cash in the house. Some of the reasons that might force you to sell your home are such as divorce, relocating, or to other cash requirements. It could, however, be stressful when selling a house. Traditionally, homeowners have used realtors to sell their homes. Their main shortcoming is that you remain in uncertainty and there is usually delay.
To sell with a real estate agent, you will need to list your home first. Once you have listed your house, you will have to wait to find an interested buyer. The main problem is that the process can take weeks or months before the house is sold. You will also remain in the dark since there is no specified time-frame when your house would be sold. To avoid such delays and uncertainty, home investors have become the better alternative for homeowners.
Cash house buyers usually buy houses for cash which make their transactions fast. They are cash sufficient and, therefore, all their transactions are by cash. Unlike buyers who use realtors, home investors do not look for mortgages. This eliminates fall-through risk. However, you need a reputable home investor like Crowne Properties Inc.
Selling a house does not have to be stressful and frustrating. With home investors, however, the process is hassle-free and fast. You just submit an online application and you receive an offer in 24-hours. The transaction would be done within 7 days after accepting the offer.
There are several reasons that make it great to sell to home investors. The first reason is that they buy foreclosed homes in Honolulu Hawaii. This makes it possible to avoid a foreclosure if you can no longer service your mortgage. Since the transaction can be completed within a week, you will have enough time to repay the mortgage balance. Unlike when the lender repossesses the house, you could keep the remainder after clearing the mortgage.
There is also no commission charged when selling to home investors. When selling with a realtor, you will have to pay a commission and other fees. Once you sell to a cash buyer, the amount you receive is the one agreed during the offer.
There are no repairs needed when dealing with a cash house buyer. You just sell the house as-is. Even when your house looks old and worn out, home investors buy the house as-is. Because of this, you will not waste time on repairs or incur repairs costs.