Home ownership just isn’t what it was in the 1950’s.
In the past, people would buy a home and live there for the rest of their lives, often passing it on to their family. Things have changed. Many first-time homebuyers are going into it with the attitude that they’ll sell when it’s time for a change. If you’re looking to sell your house, you could be frustrated.
Despite the market trends in Florida shifting, it’s very much a seller’s market. However, you could be frustrated knowing that a large portion of your earned equity will be spent on agent fees, repairs needed to get top dollar, buyer’s negotiated discounts and closing costs.
The Hidden Costs Of Waiting To Sell Your Florida House:
Many people don’t consider the hidden costs of holding on to a property. In fact – it can cost you 18% to 22% or more to sell your house through traditional channels.
In a recent article, “How Much Does It Cost to Sell Your House”, published on June 6, 2018, by Bankrate and written by Bridget Sielicki; https://www.bankrate.com/finance/real-estate/how-much-does-it-cost-to-sell-house.aspx, stated that the cost of selling a house can “…eat up about 10 percent of the sales price of the home”. It goes on to say that “The real estate commission is usually the biggest fee a seller pays — 5 percent to 6 percent of the sale price”. For example, a price of $250,000 could cost you $25,000 in fees, of which realtor fees could represent as much as $15,000.
How To Sell Your House To An Investor in Florida:
One option that many homeowners are turning to is selling to a real estate investor like GoodBuy House, Inc.
These independent investors typically purchase homes, repair them, and then use them to generate income; either as rental units or sell them for a profit. Florida has numerous reputable and trusted real estate investors who will help you sell your home quickly.
Selling your house to an investor is simple.
You provide him or her with information about your home and personal situation.
The investor will then inspect the home and determine a fair value, taking into account necessary repairs, and make an offer. If the offer works for you, you’ll close, on a date of your choosing or in as little as 10 days if you want to close that fast. Often time the investor will pay for all closing costs.
How Fast Can You Sell Your House To Local Investor?
This process is extremely quick compared to more traditional methods, often taking just 7-10 days.
If you need to sell your Florida home very quickly, with little hassle, selling to a Florida based real estate investor is a great option.
When you work with a real estate investor… there usually aren’t any fees involved, as you don’t have to worry about paying an agent commission, and most often, the investor will cover the closing costs.
While real estate investors are often looking to purchase homes at a discount, allowing them to fix up the house if it needs repairs… then sell the home to another home owner.
By selling your home to a real estate investor, you’re saving yourself possible months of headache, and you can quickly move on to your new home. You’ll avoid expensive fees, closing costs, and investors will purchase your home as-is, assuming the costs of repairs that you’d have to pay if you were selling via more traditional means.
At GoodBuy House Inc, we can help you avoid the traditional selling costs and fees that come with selling your house through an agent or broker. We hope this article is helpful in explaining how to Sell Your House to an Investor in Florida
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