Thinking about selling your Chicago house? There are several options that you as a home seller can take when selling a house in the Chicago area. If you arrived at this post you have probably discovered through your research that selling your house as-is directly to an investor is one of your options. In this post we’ll help you further research the option of selling to an investor by taking a looking at a few of the key benefits this option offers you.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Chicago: Speed
In order to sell to a traditional buyer, that buyer has to be found by the agent… which is a process that can take months. Fortunately, you don’t have to wait that long. When you sell to a real estate investor, they can close fast – often in as a little as a week or two (it varies, depending on the investor). Since they are buyers, and there’s no searching… you already know who they are so you can sell quickly!
And a bonus of this: you don’t have to pay bills and taxes on that property while you’re waiting for a buyer to be found. This can save you hundreds or even thousands of dollars in ongoing bills.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Chicago: No Repairs
Not every house is in pristine condition. That’s okay, it happens. But when you sell to a traditional buyer, you’ll probably have to pay out-of-pocket to fix up the property and clean it before a traditional buyer will even look at your house. But most investors buy houses in as-is condition, which means you can save money and time (and hassle!) by skipping the repair and cleaning.
And if the repairs are really extensive, you won’t have to deal with a contractor, either. Yes, the investor may ask for a small discount on the selling price since THEY are covering the repairs instead of you, but this is a small price to pay to sell quickly and without all the hassle.
Key Advantages Of Selling To An Investor Over A Traditional Buyer In Chicago: No Guessing
This is perhaps the biggest problem of them all: When you sell to a traditional buyer, you’re guessing and hoping that they’ll pay you the asking price for the house… and if you wait several months and they negotiate a lower price, well, that’s not ideal. But when you sell to an investor, you know exactly what the investor will pay right away. You don’t have to accept their offer but it’s a great first step to help you decide how to move forward.
Not only are you guessing on the final sale price when you sell to a traditional buyer but you are also guessing on the sale timeline. You never know exactly how long it will take you to find a buyer for your house and when you do eventually find one they will want to close on their time frame and not yours. When you receive an offer from an investor such as Blue Ladder Development you can pick whatever close date works best for you.
There are many ways to sell your house. And although selling to an investor might not be the right choice for everyone, it might be right for you.