Why You Should Sell Your Home to a Real Estate Investor

As a seller, you have probably hesitated when you hear the word “investor”. An automatic reaction is to feel that you will not be treated fairly and that investors are money hungry, corporate suits who are only looking out for themselves. We can’t deny that this may be the case in some situations, but we are also confident that there are many companies who genuinely want what is best for your property. At Magnolia Design Properties, we believe that informed decisions are the best decisions!

Pros

Financing

When you sell to an investor, one of the many perks is that they oftentimes have cash funding. They are not at the mercy of a financial institution and can, therefore, offer you an immediate closing date. They are also much more apt to be of help should your house be underwater or in another tricky mortgage situation. They have the ability to quickly clear titles and anything else that may be holding a private buyer back in purchasing your home.

Condition

Investors will also be much more apt to take your house “as is”. They have a vast number of resources and aren’t afraid of getting into a messy situation. It can be extremely helpful if you don’t have the time or finances required to get into a big renovation project. They can also offer services to clean out your home; ideal if you are trying to get out of a house that was previously inhabited by a hoarder or “collector”. You leave behind everything you don’t want, and we clear it out for you.

Selling As Is

You also have the option of not moving out before your home is sold. One of the biggest hassles that sellers discover when trying to move a property, is that often people need to see the potential before they buy. They want the bare bones of your house. They want to be able to see every nook and cranny, and keeping your house show ready can be a huge headache. Real Estate Investors, however, do not require such organizational commitment. They need to know about the structural integrity of the house and the overall condition. They don’t need the grout in the kitchen to be spotless.

Cons

Flipping

When an investor takes over your home, they often have one of two things in mind. They are either going to buy your home, renovate it, and resell it quickly or hold it as a rental property. This can be challenging for people who have strong emotional attachments to a home. Ultimately, you want your house to be loved and inhabited by people who enjoy it the way that you did. And it can be a very emotional journey; seeing your home thrown into a stack of investments.

Below Market Value

You may be shocked at the low dollar amount an investor throws your way when they make an offer on your home. It is often below market value, and they will rarely budge. They can and do offer such a low amount because not only are they paying you cash, but they are also the ones liable for closing costs, repairs, holding costs and so much more.

Here are Magnolia Design Properties, we want to help you find the best solutions for your home. And we realize that sometimes we aren’t the answer. But we are committed to finding the right fit for you. And if we need to find you another solution, we promise to dig deep into our pool of contacts and connections to help you sell your house and feel confident about your decision. We are real people, with a passion for revitalization and the renewal of our city, towns, neighborhoods and communities we work and live in.

If you need to sell your home fast, Magnolia Design Properties, LLC is here to help. We are real estate investors who work with sellers who are facing all types of situations such as bankruptcy, foreclosures, inherited properties, divorce, re-locations, behind on property taxes and many other scenarios. We work with each person, each family at a time to help bring the best real estate solutions to them. We buy houses in all conditions and in all price ranges.