insurance, taxes, and mortgage. A cash closing will prevent this from happening. By selling the house “as-is”, you will be able to leave all the unwanted stuff in the house. Everything you don’t want in your new home can be left in the old one, and the investor will buy the whole package.
CONS
• The one con is what you are going to receive for your house. Investors profit from reselling the property. For them to succeed in this, they will always try to buy the house for the lowest price possible. You can almost be certain that an investor’s offer will be less than the actual value of the house. There is almost no chance you’ll get full value for your home in this situation. • It’s not suggested to sell to an investor unless you are in a dire situation.
FOR SALE BY OWNER
There is a reason that one of the best sources for “pulling leads” for real estate agents and brokers is FSBO (For Sale by Owner) listings. After a home seller has attempted the enormous and complicated task of selling a home, they are fertile ground for hiring a real estate agent. The most unreliable and riskiest house-selling on this short list is For Sale by Owner, meaning that you sell your inherited property by yourself without the help of real estate agents, lawyers, or other professionals. This means that you won’t be hiring a licensed real estate agent, which, in most cases, proves to be a mistake.
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