"When you're selling your home to an investor, you're working with an individual or company that wants to purchase your property as a business investment rather than as a place to live. Investors approach the transaction with profit in mind, unlike traditional homebuyers who fall in love with a kitchen backsplash or envision their family in the backyard. An investor may plan to renovate and resell your home, rent it out for income, or hold it until its value appreciates."
"Selling your home to an investor makes the most sense in specific situations. Here are the most common situations: You need to sell urgently within days or weeks rather than months. Your home is in poor condition , requiring extensive repairs, or has structural issues and code violations that make traditional financing difficult. You're facing financial distress or foreclosure. You are dealing with an inherited out-of-state property. You're buying and selling simultaneously. You are selling an"
Selling a home to an investor involves transferring ownership to an individual or company that purchases the property as a business investment rather than for personal occupancy. Investors evaluate properties for profit and commonly plan to renovate and resell, rent for income, or hold until appreciation. The process tends to move faster and be more straightforward than a traditional sale, typically involving research, consultation, an offer, negotiation, due diligence, and closing. Common reasons to sell to an investor include urgent timelines, significant repair needs, structural or code issues, foreclosure risk, inherited out-of-state properties, and simultaneous buying and selling. Sellers should balance speed and convenience against potentially lower sale prices.
Read at Redfin | Real Estate Tips for Home Buying, Selling & More
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