If you have been recently considering selling your home, then you are probably going over the many different options for doing so in your head, and you may be looking at the different pros and cons for each type of scenario. In this blog post, we are going to outline the major benefits to selling your property to a real estate investor in Colorado Springs, so please pay close attention to what we are about to say.
There are a variety of different options available to Colorado Springs home owners, such as listing with a local agent or selling directly to a cash buyer such as us here at HBR Colorado. It’s important to familiarize yourself with each of these options, and the benefits that go along with each one. Selling with an agent usually takes up to 6 months, while selling directly to a cash buyer such as us can happen in a matter of days, or whatever timeline you prefer. Here are a list of the main advantages of selling to a private real estate investment firm such as us.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Colorado Springs: Speed
In order to sell to a traditional home buyer in the retail market, that buyer has to be found by the licensed real estate agent who has a listing agreement with this seller… which is a lengthy, drawn out process that can take usually take months to play out. Luckily, when you work with a cash buyer such as us you don’t have to wait that long, as we are purchasing the property with our own cash, and are able to close quickly, on your timeline, whenever you are ready. When you sell to a an cash buyer who operates as a local real estate investor, they can close extremely quickly – often in as a little as a week or two (it varies, depending on the investor). Since they are buyers, and there’s no searching… you already know who they are so you can sell quickly!
And a bonus of this: you don’t have to pay bills and taxes on that property while you’re waiting for a buyer to be found. This can save you hundreds or even thousands of dollars in ongoing bills.
Another benefit to selling your home privately to a real estate investor is that you won’t have to pay the holding costs, such as mortgages and taxes on the property while you are waiting for it to sell. You can simply unload it right now for cash, and avoid all of those expensive fees and holding costs, allowing you to move more flexibly into your next life situation.
At HBR Colorado, we buy houses in Colorado Springs within 7 days. Click here to enter your information and we can get back to you right away to give you more details.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Colorado Springs: No Repairs
Not every house is in perfect condition, and a lot of homes will need some form of repairs to get them ready to sell on the retail market. When you list your home with an agent, you will have to pay out of pocket for those repair costs, making it a much more expensive and time consuming process to actually get the home sold. But when you are dealing with a cash buyer, then can close quickly in as little as 7 days, and you won’t have to worry about making any expensive repairs because that is what the investor is there for. They will run the numbers to determine the repair costs on the property, and compare that with how much the home is worth on the retail market. If there is some wiggle room, and the investor can make a healthy profit on the deal, then they can pay with cash immediately without any further delay.
And if the repairs for the property are really costly, you won’t have to deal with a contractor, either. Yes, the investor may ask for a small discount on the selling price since THEY are covering the repairs instead of you, but this is a small price to pay to sell immediately and without all the hassle.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Colorado Springs: No Guessing
This is perhaps the biggest problem of them all: When you sell to a traditional buyer, you’re guessing and hoping that they’ll pay you the asking price for the house… and if you wait several months and they negotiate a lower price, well, that’s not ideal. But when you sell to an investor, you know exactly what the investor will pay right away. You don’t have to accept their offer but it’s a great first step to help you decide how to move forward.
There are many ways to sell your Colorado Springs house. And although selling to an investor might not be the right choice for everyone, it might be right for you.