Home ownership has changed demonically in the last 100 years.
In the early days, when people bought or built a house it was until death to them part. They would live in it until they passed away. At that point it would be passed down the their children. Yes, this still happens today but by and large many first-time homebuyers are going into it with the attitude that they’ll sell when they need a change. This opens the window for new ways to sell your house, no matter which way the Salt Lake City market is trending.
Selling Your House To An Investor in Salt Lake City in an Up or Down Market
One option many homeowners are turning to no matter the market, is selling to a real estate investor like Property Seller Solutions.
These independent investors typically purchase homes, repair them, and then use them to generate income; either as a rental, or after all repairs have been completed, they turn around and sell them for a profit. Salt Lake City has numerous reputable and trusted real estate investors who will help you sell your home quickly and smoothly.
It’s very simple to sell your house to an investor.
You provide him or her with information about your home such as square footage, number of bedrooms and bathrooms, condition, or any updates you may have done.
The investor will then inspect the home and determine a fair value, taking into account necessary repairs. He or she will then call you back with an offer. At that point you can either accept or reject it. It really is that simple. If you accept, you’ll close on the date you want to close, and receive the payment for your house in cash. They can close as fast as 7 days if needed, but is more time is needed to move things out they are very flexible and allow you to set the closing date.
How Long Does The Process Take To Sell Your House To An Investor?
The entire process is extremely quick compared to more traditional methods, often as quick as 7-10 days.
The reason real estate investors are able to complete the process so quickly is because they pay with cash, cutting out banks and buying the property as-is. Other benefits when working with a real estate investor include, no commissions, and often times they will cover all closing costs. For these benefits the investor asks in return to purchase your home at a discount, allowing them room to fix up the house if repairs are needed… then sell the home to another home owner.
So, if you need to sell your Salt Lake City home very quickly, with minimal hassle, want to receive cash, and are willing to sell at a discount, then selling to a Salt Lake City real estate investor is a great option for you.
The Hidden Costs Of More Traditional Selling Methods of Selling Your Salt Lake City House
Many people don’t consider or are even aware of the hidden costs associated with holding on to a property.
Just a few of these cost include extra months of mortgage payments, utilities, maintenance costs, and other fees. These all add up very quickly. By selling at a slight discount, you could potentially end up with a larger sum in the long run.
By selling your home to a real estate investor, you’re saving yourself possible months of headache. You would be able to more quickly move on with life in your new home. You’ll avoid expensive fees and closing costs. The investor will purchase your home as-is, assuming all the costs of repairs that you’d have to pay if you were selling via more traditional means.
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