Chances are, you know exactly what we are referring to after having seen signs saying, “We buy homes fast!” Tax delinquency lists are published and are public record, so it’s common for people in delinquency status to receive offers for their houses from real estate investors. You might have even received one or more offers from investors on your own property sale. The question is, should you consider selling your home to an investor if you’re pressured by your financial situation into making a fast sale? Is it worth it? There is much to say about selling to real estate investors, as this subject has been highly debated and widely considered controversial. Let’s review the pros and cons of selling your house to an investor. The potential benefits of selling your property to a real estate investor include: • a fast sale, which can go as fast as seven days to closure • flexible payment options; a professional real estate investor might give the owner the possibility of choosing cash, certified funds, or even go as far as to take over the mortgage completely. • An “as-is” sale—the investor might offer to buy the house without even visiting or inspecting the property. That can spare the owner significant costs in repairs.
There are downside potentials of selling to a real estate investor.
• In such sales, homeowners tend to sell their homes well below current market value, thus losing a considerable amount of equity and money. Real estate investors are interested in underpriced homes located in great renting
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