Selling your house is a big decision and there are multiple factors that you need to take into account. One of the most important considerations is who you are going to sell your house to – a home buyer or a real estate investor. Most sellers aren’t even aware that selling your house for cash Washington DC is an option.
Let’s take a closer look at We buy houses Washington DC and the benefits of selling your house to them:
Who Are We Buy Houses Washington DC?
A real estate investor purchases properties with the aim to make a profit from the property. There are two ways they can do this. They can rent the property or they can renovate and resell the property for more than they purchased it for.
In most cases, a real estate investor is looking to resell a property they have purchased for a profit. We Buy Houses Washington DC is therefore buying your house from you and not looking for another buyer like a real estate agent would.
What Types Of Properties Do We Buy Houses Washington DC Buy?
The type of property that an investor will buy depends largely on the type of investor. Some investors are only interested in commercial properties whereas others only purchase residential homes.
In the case of residential properties where the investor is interested in the resale value of the home, they will make offers to buy a property no matter what condition it is in. We buy houses Washington DC will make any repairs or renovations that are necessary to increase the value of the property. They are even willing to make offers on houses that have been condemned.
This benefits you because you don’t have to waste time or money making repairs and renovations to get it into a condition to sell fast and to get the highest price for your property.
What Do Real Estate Investors Charge?
Real estate investors do not charge anything to buy your house. They are not real estate agents and therefore aren’t providing you with any services like a property valuation or listing and marketing your property. A real investor won’t even charge for evaluating your home so that they can make you an offer. They want to buy your house as quickly and easily as possible and will even cover the closing costs of the sale.
Most real estate investors will buy your house for cash. This is another reason why property sales to investors are so much faster. There is no need to wait for finance approval from a bank or other financial institution.
Plus they will cover any costs involved in the sales transaction like the closing costs. This will save you even more money. The offer that a real estate investor makes is the amount that you will receive in your bank account.
What Type of Offer Can You Expect From We Buy Houses Washington?
Real estate investors generally base their offers on the current market value of your home. Factors like the location of the property will play a role. They will also take into consideration the cost of renovating the home. Remember they are buying your home in order to resell it for a profit. They therefore need to make an offer that is lower than what they can expect to sell your home for after the cost of renovations.
How Long Will The Process Take?
From the moment you accept the offer, it can take as little as 7 days to close the sale. However, in some cases, there may be some obstacles that can extend the process by a few days. If you need to sell your house urgently for any reason, a real estate investor is definitely the way to go.
However, it is ultimately up to you how long the process takes. The sooner you accept the offer, the sooner the investor can get started on the paperwork and the sooner the sale can be finalized. This said, you choose when you want to close. If you need time to find a new home or move out, you can set the closing date for when it is more convenient for you.
What Are The Disadvantages Of Selling To Washington Real Estate Investors?
There is really only one disadvantage to selling your house to a real estate investor – you aren’t going to get your asking price. However, this doesn’t mean that there is no room for negotiation. If you feel that the offer isn’t fair, you can negotiate to get a better offer within reason.
You also need to take into consideration the savings on commission, repairs and renovations and closing costs that you will be making. This can make a significant dent in the profits that you may be expecting to make if you sold your house to a regular home buyer. Also remember that you will benefit from the quick sale of your house and be receiving cash at the end of the process.
When taking into consideration all the benefits of selling to a real estate investor, there really are no disadvantages at all.
Contact samedaydchomeoffers.com today to make you an obligation-free offer to buy your home.