Every year, many Americans are faced with situations that require them to inevitably put their houses on the market. Whether it be a because of job relocation, loss of work, inheritance or any other reason, many people find themselves in circumstances where they have to sell a house fast.
Problem is, as many as there are reasons to sell a house, so are the reasons why a house may take too long to sell.
One common reason why a house may take a long time to sell is if the homeowner wants to get full retail for it. In order to do this, the house needs to be listed by a realtor. And in order for a realtor to list a house, it should be ready to go on the market, that is, all repairs should already be done, back taxes, if there are, should have already been paid, and the house should be ready as it is for occupancy. And even if the house is ready, realtors usually take the location and neighborhood where the house is located into consideration when listing. Obviously, they’d only want to list houses located in good neighborhoods where homebuyers wouldn’t think twice to live in.
For this reason, most sellers prefer to just sell their houses to local investors, especially if they really have to close fast.
While local investors wouldn’t pay full retail for a house, they certainly will buy a house as is, that is, sellers don’t have to spend anything to get the house ready to sell. Local investors also wouldn’t pay much attention to a house’s location or neighborhood. As long as the numbers work, a local investor will be willing to take a house off a seller’s hands. Not to mention, the entire transaction can be over in a matter of days. That means, the seller wouldn’t have to wait too long to see their house converted into cash. This really works for people who inherited a house and they don’t have any plans to live in it.
Another advantage of working with local investors when selling a house is that sellers save a lot of time and money as most local investors are willing to take over houses as is. All repairs, rehab work, renovations, back taxes, liens and others can be worked into the price. It may not be as much as what the house may cost full retail, but considering all the hassle the seller can avoid, it certainly is worth it.
Moreover, most local investors are willing to work on a win-win deal with sellers.
Houston Capital Home Buyers prides itself with looking after the interest of homeowners and sellers as much as they look after their own business. We don’t consider a deal a good one if it does not put a smile of satisfaction on our client’s face. So if you’re looking to sell your house, give us a call at 713-581-9075 and we’ll work something out.
All the best,
Houston Capital Home Buyers
“We Don’t Buy Every House, But We Help Every Client”