A typical real estate agency sale can take 6 months to a year or
longer in this tough market. Once the house has had an offer made on it,
you might have even more time to wait while the buyers try to qualify
for a loan to make the purchase. It’s rather difficult at this point to
get a loan from a lender so the chances of the deal falling through are
good.
If the deal falls through you must begin the sale process again and continue until someone comes along that loves the house enough to buy it and can get the appropriate financing to pay you for it. Once the house sells, the real estate agent will be expecting a commission on the sale, reducing your profit even further. If your equity is small or you have none, you may have to come to closing with money to spend on commission, taxes, and other closing costs. When you must sell your house for financial reasons, selling this way may not be the wisest option for you.
If you had the extra money you might be using it for mortgage payments and wouldn’t be in this situation in the first place.Real estate agents are good at what they do, generally, but keep in mind that each one will be selling several houses at once. If they are popular agents there could be 20 houses on their list of homes for sale. How much attention could your house be getting in that case?You might be interested in a faster solution.
Sell your house in any
condition to a real estate investor. They are accustomed to buying all
sorts of homes no matter what or where. There can be a use for any type
of property for an investor. With the endless possibilities for making
profit from the purchase of a home, investors are anxious to hear from
you about yours.
CityHomeBuyers.net
is Peter Gauthier, a Real Estate Investor that buys and sells houses
like kids trade baseball cards in Maryland Prince George’s Maryland! If
you have a home that you need to sell, contact us to see how we can buy
your houses in 7 days or less and close when you want!
To see if your house would qualify for our fast home purchase program, please complete our confidential home seller questionnaire on our website at CityHomeBuyers.net