Home ownership just isn’t what it was in the 1950’s.
In the past, people would buy a home and live there for the rest of their lives, often passing it on to their family. Things have changed. Many first-time homebuyers are going into it with different attitude. Maybe they will sell when it’s time for a change, while some will keep that first property as an investment and begin building a rental portfolio. If you’re looking to sell your house, you could be frustrated. There are a lot of logistics when you are trying to sell one and buy another. How do you work out moving out of the house you are selling “by closing” but wait to move into your next property “after closing”. When you sell to an investor they are not looking to move in the minute it closes and are usually more willing to work with you on a post-closing possession. Be upfront about your need when you talk with the investor, or even an agent if you are working with an agent. We can all do a better job for you when we know what you need beforehand.
Despite the market trends in Central Mississippi slowly shifting, it’s still very much a buyer’s market. With more properties available, you could find yourself waiting months or longer to get a fair price on your home, especially when the competition shows better than
How To Sell Your House To An Investor in Central Mississippi
One option that many homeowners are turning to is selling to a real estate investor like IM, LLC to buy your house from you.
These independent investors typically purchase homes, repair them, and then use them to generate income; either as rental units or sell them for a profit. Central Mississippi has numerous reputable and trusted real estate investors who will help you sell your home quickly.
Selling your house to an investor is relatively simple.
You provide him or her with information about your home and personal situation.
The investor will then inspect the home and determine a fair value, taking into account necessary repairs, and make an offer. If the offer works for you, you’ll close, and receive the payment for your house in cash… usually within 7 days if you want to close that fast. If you need more time, most investors will work with you and not rush you out of your property. Be careful of an investor that tries to rush you out of your home though. Most ethical investors are willing to work with you on your timeframe. If they push for a quick close, ask why.
How Fast Can You Sell Your House To Local Investor?
This process is extremely quick compared to more traditional methods, often taking just 7-10 days. Generally, we will make an initial offer when we meet with you. This offer will usually be contingent on our contractor viewing the property to make sure we didn’t miss anything. We are not looking for you to make any repairs, we are looking so we know what we are buying.
If you need to sell your Central Mississippi home very quickly, with little hassle, selling to a Central Mississippi real estate investor is a great option.
When you work with a real estate investor… there usually aren’t any fees involved, as you don’t have to worry about paying an agent commission, and most often, the investor will cover the closing costs. We have even covered unexpected expenses in some cases.
While real estate investors are often looking to purchase homes at a discount, allowing them to fix up the house if it needs repairs… then sell the home to another homeowner, owner occupants are more often looking for move in ready. Some mortgage types will even require repairs be made before they will finance the property. This is not an issue when you sell for cash to an investor buyer.
The Hidden Costs Of Waiting To Sell Your Central Mississippi House
Many people don’t consider the hidden costs of holding on to a property.
Extra months of mortgage payments, utilities, maintenance costs, and other fees could quickly add up. By selling at a slight discount, you could potentially end up with a larger sum in the long run.
By selling your home to a real estate investor, you’re saving yourself possible months of headache, and you can quickly move on to your new home. You’ll avoid expensive fees, closing costs, and investors will purchase your home as-is, assuming the costs of repairs that you’d have to pay if you were selling via more traditional means.
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