Selling a house directly to an investor comes with many misconceptions, usually based on stories heard or read about. Don’t worry, the fact is most real estate investors are wonderful people and passionate about what they do. This post discusses four common myths about selling homes to investors.
Some people like sewing. Some people like selling products. Others love designing houses, and other people love buying and selling them. At Fast Cash Homes MN we love to help homeowners while restoring run-down properties. Real estate is our passion, as is helping homeowners in the Minneapolis area! Below are four myths we would like to clear up about selling your house to an investor in Minneapolis!
You Won’t Get A Good Price
You might have the idea that you aren’t going to get a fair price for your home if you sell to an investor. While we can’t speak for all investment buyers in the area, when you sell your Minneapolis house to Fast Cash Homes MN, you will always receive a fair and honest price for your property. Our offers are based on current market conditions. We are very transparent about how we determine our offer prices. We’ll take into account recent area sales and the amount of work that needs to be done to make the property comparable to others on the market. We will happily make you an offer, leaving the ball in your court. There is never any obligation, we want to make sure that selling directly to us is the right decision for you!
Investors Are Con Artists
This is far from the truth as well. Many “investment” buyers are families looking to invest in a rental, or people looking to flip properties because fixing up homes is what they love to do. Of course, there are some investors out there to watch out for, but that is true in any industry. If a real estate investor is interested in buying your home, hear them out. They might be able to offer you an excellent solution and save you all of the costs of a middle man. Working with the right investor will ultimately save you time and money on the sale of your Minneapolis house! Ideally, you will be able to find a solution in which everyone wins!
You’ll Be Hit With Hidden Fees And Costs
Again, we can’t speak for every real estate investor out there, but the majority operate openly and directly. This is how business gets done, and how everyone is able to save money on the deal. A fast, efficient, and straightforward process is the norm for most investors. When you work with Fast Cash Homes MN, you’ll never be blindsided with any additional costs or hoops to jump through. We’re direct buyers, ready to cover all the costs so you can sell quickly and with peace of mind. We lay it all out there from day one, so you’ll never have to worry about any surprises. Our goal is to ensure you are incredibly happy with your selling decision, hitting you with hidden fees is the last thing we would ever do!
The Closing Will Take Longer Than Promised
When you work with an investment buyer such as Fast Cash Homes MN, a closing date is never promised until the offer has been accepted. Once we have a fully executed contract, we will be able to run the title right away and close on the property as quickly as possible. Of course, if issues like back taxes or liens need to be resolved, we will do what needs to be done in order to move on with the closing as planned. You will never have to wait while we find a buyer for your home. We are not assigning contracts, we are direct buyers with the ability to close on your property right away.
At the end of the day, working with an investor might be the best way for you to reach your goals. Investors will know how to work with the title company to get things handled quickly. The entire selling process can be completed in just a few days as opposed to the traditional process of hiring an agent, listing on the MLS, waiting for a buyer, and going through the escrow process. Avoiding the escrow process saves you time and money! The escrow process allows time for buyers to complete inspections and appraisals, two things that typically aren’t required with a sale to a Minneapolis real estate investor, at least when you are working with Fast Cash Homes MN, we buy as-is!