When does it make sense to sell your house to an investor?

There are times when selling your house to a real estate investor makes sense. This blog post is intended to highlight the scenarios when it could be to your advantage. Granted, you could list your house and find a home buyer who will have the cash available to buy your home asap or be able to finance it, but if your home has issues, it might present a problem for your buyer when it comes to financing your home.As-Is Purchase. If your home has structural issues and you don't have the funds to make the repairs yourself, selling your house to an investor might be a good idea. Real estate investors are able to buy homes As-Is and close within a few days to two weeks. If your house has issues with the foundation, plumbing, roof, etc – these are major issues that might cost you over $5,000 to fix. If you don't have that type of cash sitting around or you don't want to go through the hassle of managing those repairs on your own, selling your home to a real estate investor might be a great idea. Speed of Closing and Lack of funds. If you need to sell your home quickly, an investor is the best solution for you. Unless a retail home buyer has cash to buy your house, it takes on average 60 days for a house to close with financing. Real estate investors either use all cash to buy properties or they use hard money lenders who specifically deal with financing real estate investors. On average, it takes a real estate investor between a few days to a max 2 weeks to close on your house. That's at a much faster rate than your typical home buyer.Flexibility. If your home is upside down, meaning you owe more than what your home is worth, a real estate investor might be the perfect answer for you. They can bring solutions to the table that your typical home buyer is not able to do.Keep in mind that there are disadvantages to selling your house to a real estate investor. One of those being the obvious of selling for lower than market value.Tex Realty Buyers is a group of real estate investors who purchase properties at fair value throughout the Greater Houston area. We have been in the Houston market helping home sellers out of their house headache. Contact us today for more information.www.texrealtybuyers.com