Wholesale Real Estate Investing Deals

 

 

 

Recommended Reading:

Sell It Fast Tips
Free Tips to
Sell Your House Fast!

Attention Homeowner:
Save Tens of Thousands of Dollars on Your Mortgage -- Without Extra Payments or Refinancing!

How To Stop Foreclosure
Learn How You Can Challenge the Bank's Legal Authority to Foreclose on Your Home

Property Tax Appeal GuideBook
Learn How to Win a Property Tax Appeal and Lower Your Property Taxes!

How to sell your home in 21 days or less
How To Sell Your Home In 21 Days or Less

Mortgage Cycling Revealed
Learn How To Quickly Build At Least $40,000 Worth Of Home Equity And Pay Your Mortgage Off In 10 Years Or Less

Part 2:
The Benefits of Working
With An Investor

There are a lot of tangible benefits to working with a real estate investor in selling your home, not the least of which is the experience that an investor has. While you may only buy and sell a few houses during the course of your lifetime, a real estate investor may buy four or five – or more – in a month.  As a result of this familiarity, he or she will know of multiple ways of moving your home that will be beneficial to both you and the investor.

By leaving the details to the investor, you're able to get on with your life.  If you want or need to relocate out of state, complete a divorce, buy another property, etc., you can do that without being tied to the house or all the tons of details that go with it.

When you choose to work with a real estate investor, one of the great benefits you get from their expertise is that they have multiple ways of buying and selling houses and they will gather information from you and choose the method that will be best for your particular situation.

If circumstances permit, the investor may make an outright cash offer.  Some situations don't make that possible though, such as when you don't have any equity in your home, so the real estate investor may need to utilize a more creative approach.

One example of an approach an investor could take would be to do a lease option on your house or to buy it subject to the existing financing.  If you're facing foreclosure, then other approaches would be necessary, such as negotiating with the lending bank.  The particular method used is going to be determined primarily by your situation.

If the real estate investor determines that a lease option or buying subject to the existing financing is the way to go for your situation, you have the peace of mind in knowing that the investor is going to be paying you or your mortgage company every month for the house until it sells, which is especially helpful to you if you have existing financing on the house or are relying on income from the house for monthly living expenses.

Basically, the investor takes over the responsibility of finding a buyer for your house (while finding a buyer may seem like a huge hassle for you, investors specialize in this and often have buyers lined up and waiting for houses).  This allows you to move on with your life.

In some situations, an investor will simply pay you cash for your house and will take title to the property right away. This is usually possible if you have a lot of equity in your home and are able to give the investor a steep discount on the price for the house, and in exchange, he or she will pay cash and buy it immediately, frequently with a very quick closing.

This gives you the luxury of being able to completely separate yourself from your property. If you need the cash more than you need your full asking price, this might be a good solution for your problem.  This is not always going to be an option though, especially if you don't have a lot of equity in your house.  But it definitely does happen when the situation calls for it.

If you're facing foreclosure, things have to be handled differently, and very quickly.  If the investor you're working with feels they can help you stop the foreclosure, it is important that you are cooperative and get any information they ask for quickly because foreclosures are a very time-sensitive matter.

As stated previously, there are many different ways of working with an investor. The specific method is going to depend largely on the situation and what the investor believes is the best method for your circumstance.  It's important to realize that because your real estate investor has been around the block so many times, he or she will know what approach is called for based on the specifics of your house.

Recap
To recap, working with a real estate investor beats "going it alone" for a lot of very good reasons. You don't have to worry about marketing your house, advertising or screening tenants or worrying about any of the myriad paperwork details associated with selling a house.

You simply bring in a seasoned veteran who knows the ins and outs of real estate and let them do what they do best:  Find qualified buyers for your property.

The real estate investor will find a buyer for your house by utilizing the method that will work best depending on your own very unique set of circumstances.

Because a real estate investor has ongoing relationships with dozens of real estate agents, brokers, and other professionals around the country, they will be able to find a buyer for your home even if it seems like the market in general is not great for selling houses.

Besides saving you the hassle of trying to figure out a bunch of paperwork and having to do expensive marketing for buyers or paying real estate agent commissions, an investor can often provide help in situations when no one else can.  In many cases, they are your best shot at getting your house sold.

Regardless of your situation, by selling to an investor you can get on with the very serious business of living your life.

Sincerely,

John Smith

 

 

 

 

 

 

 

 

 



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