Selling your home to a real estate investor can be efficient, simple, and profitable when you get ready to sell your Minneapolis property. This post discusses how it works, what to expect, and how to determine if it is the right selling method for you.
When people initially decide to sell a house in Minneapolis, their first thought may not be about finding a real estate investor. Invariably, the right investor can save a property owner thousands of dollars and valuable time. Working with a buyer such as the team at Fast Cash Homes MN allows you to avoid traditional selling costs, shorten the amount of time it takes to sell, and give you the peace of mind in knowing that once an offer has been accepted, you can consider the house sold.
Read on for some information you should know about selling your house to a real estate investor in Minneapolis:
Preparing Your Property
The beauty of working with a direct buyer or property investor is that there is usually very little if any prep work that needs to be done before selling a Minneapolis home. Most buyers will purchase the property as is. You save time and effort it traditionally takes to get a home ready for a sale. With a listing, it is important the property be kept clean at all times for those unpredictable showing requests from potential homebuyers. By selling directly, you won’t have to worry about strangers traipsing through your house or keeping the property in showcase condition at all times.
Your Costs
One of the major perks about working with a direct buyer when selling your Minneapolis house, is all the cash you’ll be able to save. There aren’t usually any costs when you work with a professional investor. The house is typically purchased as-is, not requiring any repairs or maintenance before it is sold. There is no need to clean, stage, or even market the house which can ultimately save thousands.
With a traditional listing, the costs continue after a buyer has been found. Following the appraisal and inspection, you may be faced with more repairs. When the property eventually closes, there are commissions, agent fees, and other costs that must be paid. When you choose a direct sale, commissions and agent costs are non-existent. You’ll be able to keep more money in your pocket when all is said and done.
The Timeframe
When you work with a direct buyer, the amount of time saved can sometimes be shocking. It is not uncommon for houses to stay on the MLS for months at a time. With a direct sale, the process is usually completed in only a matter of days. We make things easy and efficient so you can sell your house quickly and move on.
A fast sale helps you to avoid any more holding costs for the property. Instead of officially selling your house months down the road, selling right away saves you money on your property taxes, homeowners insurance, monthly utility bills, and the costs of regular, routine maintenance.
Not All Buyers Are The Same
When discussing direct buyers and real estate investors in Minneapolis, it’s important to note that not all of them are the same. The points above are true for the team at Fast Cash Homes MN. With any other buyer, make sure you find out how their process works. Some buyers may require repairs be made, that you pay for the closing costs, or that you wait to close until they have found a new buyer for your home within their network. Before selling, make sure you are asking all of the right questions so you know what to expect. When working with any company, you’ll receive a fast closing and an excellent price.
Investors Aren’t Bad Guys
We simply have a passion for real estate and make our living fixing up properties in the neighborhoods and towns we love most. It’s not about making the highest profit possible. It’s about helping local homeowners while restoring and revitalizing the Minneapolis area. A common misconception is that a real estate investor will only be out for themselves or that everything involving real estate investors is about gentrification. When you get in touch with us at Fast Cash Homes MN, you’ll quickly find that’s not our direction. We love real estate, we love the Minneapolis area, and above all else, we love the people who live in the area, and we want to do all we can to help.