The world is not the same place it used to be a couple of years back. Back in the day, people used to invest in homes, take residence on the property for the rest of their lives, and in case they pass on, they would leave it behind to a close family member. That’s no longer the case. Today’s home buyers choose to go into it with the mentality that they would return the property to the market if things don’t work out. Unfortunately, trying to sell your house is not as easy as individuals tend to think.
Even though the real estate market in Houston keeps on shifting, the trends are not strong enough to make the market skew towards the seller. In other words, buyers find the market favorable to them. The supply doesn’t match the demand and any seller will quickly find himself or herself in a situation where they would have to wait on months end before getting a fair price on the house.
Pitching to an investor in Houston
Because there are only a limited number of options available, most sellers are now shifting their attention to property investors. You won’t have to jump through a lot of hoops while selling to these companies since they try to make the experience pleasant for both parties. The firms will just purchase your house, make the necessary repairs, and then put them back to use to generate income. And that can only be possible by renting the units or selling the property at a profit. Fortunately for you, the Houston County has several reputable and trusted real estate companies that will purchase your home at a competitively fair rate.
What’s the timeframe when selling to an investor?
Quite frankly, it’s fast in comparison to using the typical route of selling that involves a real estate agent. Under normal circumstances, working with a property investment firm will probably take seven to ten days to seal the deal. Therefore, if the goal is to sell the Houston house fast and with minimum hassle, the best option is to sell to a property investor.
There are so many perks you get to enjoy if you opt to work with such a company. For one, you won’t have to make any payment in the form of a commission, and the investor usually covers most of the closing costs. Aren’t you getting excited already?
The rates offered by these firms are relatively low compared to that of a retail buyer. However, if you factor in the time, energy and money you’d use to repair the property before putting it back on the market you’ll learn that selling to such a company is cheaper considering they don’t expect you to work on any repairs.
The hidden cost of holding onto a house
Some individuals prefer waiting for the market forces to shift and hopefully favor the sellers not knowing that there are costs they will have to incur in the process. These include the annual tax payments, extra mortgage months, maintenance, utilities, and several other expenses.
Sell to an investor now and avoid experiencing migraines for months to come.