We Buy Houses Fast In The Greater Seattle Area
Have you been wondering if a “We Buy Houses” investor in Seattle can help you sell your home quickly and get cash for your equity right away? The answer is “Yes!”
If you want to avoid listing your home, stop waiting for a buyer, and skip paying a real estate commission, you might consider selling your home to a real estate investor.
I have bought many homes from sellers who didn’t feel listing with a traditional agent was a good fit for them. Using “We Buy Houses” signs, sending postcards and letters, networking with professionals, and contacting people in probate and with divorce situations, I have found many people who need to sell quickly without the typical hassles and costs associated with selling a home via a real estate agent. For certain houses and personal situations, selling quickly to a “we buy houses” real estate investor really is a better fit.
How Does Selling To A Real Estate Investor Actually Work?
Typically if you’re selling to an investor, she will offer you a price that is below “retail” that means it’s less than what it would sell for to an owner-occupant if it were in perfect condition.
Of course, that makes sense if your house needs quite a bit of repair work, which is often the case for older homes that have a lot of deferred maintenance, estate sales, incomplete construction/ remodeling and those with fire or water damage.
The investor has to pay for a lot of expenses and take on a significant amount of risk every time she commits to remodeling a property. Some typical real estate investor expenses are: The investor needs to pay to fix the property up, pay for two closings, cover taxes (including our $$ horrible excise tax – which is a sales tax, as well as property taxes ) and lending costs (points, origination fees, high-interest rate loans, etc.), and still have room for a profit at the end of the day.
What If I Don’t Have Enough Equity To Work With A “We Buy Houses” Investor?
If you aren’t able to lower the price of your home enough to acomodate a fast cash offer from a real estate investor, you may be able to sell to the investor on “terms.” What does that mean?
Typically in this scenario, instead of getting a new loan and paying off your mortgage, the investor will make you payments over time for your house. She may take over payments on your loan, rent it with the option to buy in the future, or pay you on a loan via some sort of owner financing – where you carry the mortgage on the property and get paid a little every month and a bigger chunk down the road.
Do You Want To Work With A Real Estate Agent or A Real Estate Investor? Can’t Decide? We Are Able to Provide Both Options, So Let’s Talk Through The Decision Together…
If you have thought about listing with an agent, and thought about selling to an investor and weren’t sure what to do, I am here to help. We do BOTH and can lay out all your options clearly for you, so you can make the best choice.
In general, you will net more money if you sell via a real estate agent. You will have a quicker/easier solution to your house problem if you go with an investor. The convenience of working with an investor comes at a price.