The idea of selling a home quickly for cash to an investor seemed ludicrous and cheap back in the day. It is one thing to get a payday loan, visit the pawn shop, rent to own furniture and even pay 30 years on a home. It is a completely different story to sell your largest investment for thousands of dollars less than you could, or is it? Could it now be a good idea for Houston homeowners?
A changing industry points to yes in some instances, but what do the numbers say? You can get ballpark ideas when it comes to the numbers, but the truth of the matter is that they are individual to the situation. The cash offer you receive on your home is a unique offer just for you, and the only way you’re going to find out is if you call the investors after searching buy my house Houston companies.
That being said, the best thing to do then is to look at what specifics are available first. You can definitely take a close look at both the advantages and disadvantages of selling your home to these groups of investors. One of the first advantages that sellers recognize is that the cash offer that is made is for the home ‘as is,’ meaning that they don’t have to repair or even touch up anything. All you have to do is get out of the home with all of your belongings and leave it clean. They take care of the rest and give you cash.
It may sound like it’s too quick and easy of a deal. There are going to be things to do and sign, but the process is incredibly simplified. That is one of the biggest advantages. Not only do you get a cash offer, but you have more payment options in general, on top of the fact you get your money now. Now it’s time to look at the disadvantages though.
For example, here is a big one. Yes there are people out there that are running scam operations. Make sure they have a license, as it is mandatory. The last disadvantage that you need to know about is the fact that you are going to sell your home for less. You have already guessed that most likely, and the only thing you need to face is the fact that it means under the value of your home, most likely. If you can make financial sense if that after searching buy my house Houston companies and weighing out the advantages and disadvantages, including the savings for not calling a real estate agent, then maybe it’s time to make the call for an offer.