Flipping houses in bay area is never an easy task for almost any homeowner. This is why listing your home with a realtor often seem like the easiest thing to do when you’re ready to sell. This is mostly true if you’re a first-time home seller.
But listing with a realtor comes with several downsides. That include paying commissions, being just one of many clients, having to deal with at least one middleman, being at the mercy of your realtor’s timeline, not being able to get your payment in cash and then you’ll have to wait for several days, weeks or even months just to find the right buyer. In many cases, most homeowners don’t even realize they’ve hired the wrong real estate agent until it is almost too late.
But there’s a better option; selling your home to a flipper/investor. But why exactly should you consider selling your house to a flipper?
Here are benefits of selling your home to investors flipping houses in Bay Area
While a realtor can find you potential buyers for your property, they don’t have the financial power to fund the buyers. Only banks can boast of the financial strength to do that. Most buyers don’t purchase homes completely in cash. It’s no longer news that they’ll need a loan approval from a financial institution in order to be able to buy your property. In some cases, the buyer will be denied the loan and all efforts will be wasted.
But if you sell our home to investors flipping houses in Bay Area, they can pay for your property completely in cash. They have their own money and don’t need any loan approval. You’ll be paid exactly what they offer you. You don’t have to bother about escrow processes or hang ups, you’ll get your entire payment in cash.
Realtors have bills to pay too so they don’t expect them to work for free. Most realtor will take up to 6% commission for helping you to sell your property. In several cases, this is above $10,000. So when a realtor names a high price for your home, don think you’re going to get all the money. Some of it will go to your realtor and buyer’s agent if they have one.
When you sell to investors flipping houses in the bay area, you don’t have to bother about paying any commission. Flippers don’t need a cut of your home sale. You name your price, they pay for the property and everyone walks away happily. You keep 100% of your money.
When you list your home with a realtor, you’ll have to deal with several different boring paperwork when it’s time to sell. This is because you’re not only doing business with your realtor, but you’re also dealing with your buyer and their agents. Everyone involved in the deal has stipulations and dues. You’re end up reading lots of documents and signing on several dotted lines.
However, when you sell to investors flipping houses in Bay Area, they buy your property directly from you without a third party to satisfy. You’ll end up transferring your property directly to a new owner. This significantly reduce the amount of time to close the deal and the amount of paperwork involved. Whatever paperwork is left is handled by the investor.
If your property is not physically appealing because it requires several repairs, some listing agents will never work with you. And even if they do, they’ll either draw up an offer that reflect what they’ll have to spend in repair cost. Or ask you to do the repairs to boost the property’s curb appeal before listing.
However, investors flipping houses in bay area aren’t concerned about the extent of damage in your property. Investors will buy your home as is. This means they won’t ask you to make any repair or spend money on any cosmetic work like painting.
Investors will buy your property exactly as it is and pay you exactly what you want. Many investors have contractors who handle home repairs and improvement. So they are not bothered about the state of your property before buying.
Investors flipping houses in bay area are familiar with the process of buying homes in foreclosure. They can work with you and your lender to organize a short sale and close the deal before the end of the foreclosure period. If you’re facing a foreclosure, you might not be able to come up with a quick solution, but investors have helped out several people. So they have the experience to set up the plate for you.
Closing a home deal can rack up lots of expenses. You’ll have to deal with several paperwork and fees. If you sell to an investor flipping houses in bay area, you’ll have to skip the closing costs and fees. The closing process and whatever is involved becomes a part of the investor’s responsibilities. Also, they’ll pay for whatever is involved during that period. So don’t have to bother about closing costs, fees, or paperwork once you sell your property to an investor.
If you decide to sell your home to an investor, you’ll never have to relist your property. Also, if your home is in a bad neighborhood an investor will buy it right away. An investor won’t wait for a favorable market before buying at the right price. The closing process will be quick too because there are no third parties involved and no loan applications or approvals.
Bottom line
If you’re planning to sell your property to investors flipping houses in bay area, JJW Homes LLC is a reputable and reliable investor that will buy your property right away. You’ll get the perfect chance to enjoy all the benefits mentioned in this article and more.