4 Myths About Selling Your House To An Investor In Sacramento

When you decide to sell your house, you want to get the most money possible for it. You may have heard that selling to an investor is a quick and easy way to do just that, but there are some things you should know before deciding if selling to an investor is the right move for you. Here are four myths about selling your house to an investor in Sacramento.

Myth #1: “I’ll get less money because I’m not working with a real estate agent.”

Many people assume that they will get less money for their house if they sell it to an investor rather than working with a real estate agent. This simply is not true. In most cases, you will actually get more money by selling to an investor. This is because real estate agents typically charge a commission of 6% of the sale price, which can eat into your profits. When you sell to an investor, you won’t have to pay any commissions or fees, so you’ll keep more of the sale price. 

Myth #2: “It will take longer to sell my house to an investor.”

A common misconception is that it will take longer to sell your house to an investor than it would through the traditional real estate market. The opposite is actually true. When you sell your house to an investor, the process is usually much quicker because there is no need for inspections, appraisals, or loan approvals. You can typically expect to close the deal and receive your cash within 7-14 days after agreeing to sell. 

Myth #3: “I won’t be able to negotiate the price.” 

Contrary to popular belief, when you sell your house to an investor, you still have negotiating power. Investors are typically willing to pay up to 70% of the property’s market value, so there is room for negotiation. Remember that the final price will depend on factors such as the condition of the property, location, and recent comparable sales in the area. 

Myth #4: “I won’t be able to choose when I close on the sale.” 

When you work with an investor, you actually have more flexibility when it comes time to close on the sale. Traditional home sales can often fall through if the buyer’s financing falls through or they back out of the deal for other reasons. With an investors sale, however, there is no financing involved so you don’t have to worry about that possibility. Additionally, investors typically let you choose when you want to close on the deal, so you can timing it around other important life events like moving or starting a new job. 

Selling your house doesn’t have tо be a stressful process. If аnу оf thеѕе myths hаvе been holding you back from considering selling tо аn invеѕtоr in thе Sасrаmеntо area, hopefully this article has set yоur mind at ease and given you more insight into thiѕ орtiоn fоr selling yоur hоmе quickly аnd fоr cash.