Homeownership just isn’t what it was in the 1950s.
Previously, most people would purchase a house with the intention of living there for their entire lives, eventually passing it along to the rest of their family. Times have changed quite a bit. Many people buy houses today with the expectation that they will probably move at least a few times throughout their lifetime. After all, the average tenure of American homeownership is less than 10 years! If you’re looking to sell your house fast in Bakersfield, you might find it difficult to compete with so many other properties on the market.
Despite the market trends in Bakersfield slowly shifting, it’s still very much a buyer’s market. With so much property available, you could find yourself waiting months or longer to get a fair offer on your property.
How To Sell Your House To An Investor in Bakersfield
One option that many homeowners are turning to is selling to a real estate investor like Buyers of Bakersfield to buy your house from you. This has become a growing trend in many cities across America, as many consider the speed and convenience of these types of purchases to far outweigh the benefits of listing and waiting several months to sell traditionally.
These independent investors typically buy houses, fix them up, and then find the best use for the renovated property; either as rental units or sell them for a profit. Bakersfield has a few reputable and trusted real estate investors who will help you sell your home quickly.
Selling your house to an investor is relatively simple.
You provide him or her with information about your home and your specific situation. Let them know what needs to be done to the property, how quickly you would like to sell the property, and how they can help make your move easier. When investors ask questions about why you are moving or why you want to sell the property, they are trying to find out how they can make your experience better. They know that the more they can do for you, the better their reputation will become in the community, and the more you will appreciate the experience of working with them.
Typically, the investor will them look at the house to find out all the work that needs to be done, and calculate a fair offer tailored to you and your property. When you work out an agreement that works for both of you, you’ll close on the property and get paid, usually within the week!
How Fast Can You Sell Your House To Local Investor?
This process is extremely quick compared to more traditional methods, often taking just 7-10 days. Listing your house traditionally will often take several months getting it into sellable condition, then another couple months to get an offer under contract, followed by yet another month at least until the escrow officially closes. Best case scenario with listing a property will still take about 3 months if everything goes perfectly well from beginning to end. If you sell your house quickly to an investor, they can often close within the week!
If you need to sell your Bakersfield home very quickly, with little hassle, selling to a Bakersfield real estate investor is a great option.
When you work with a real estate investor… they usually pay any fees involved, as you don’t have to worry about paying an agent commission, and most often, the investor will cover the closing costs.
Real estate investors typically try to add their own value whenever possible. They often buy houses at a discount because they need repairs, so they are not stealing equity for no reason. If you were to pay for all the repairs yourself and list your house and wait, it might very well cost you just as much as it would have to give the initial discount to an investor. This is because investors have crews that they work with on a regular basis that they can hire for cheaper than you can. They also have access to materials that are far cheaper because they order in greater volume. Why not take advantage of someone else’s connections and let them do all the work in the process?
The Hidden Costs Of Waiting To Sell Your Bakersfield House
Many people don’t understand or consider the hidden costs of holding on to a property.
Extra months of mortgage payments, utilities, maintenance costs, and other fees could quickly add up. By selling at a slight discount, you could potentially end up with a larger sum in the long run. More and more people are discovering that selling to an investor is the best route for them to take. These are not just sellers that are in tough situations looking to get out quick, they are also homeowners that are just looking for a simple and quick solution to selling their property fast without any hassle or risk of a huge market change.
By selling your home to a real estate investor, you’re saving yourself possible months of headache, and you can quickly move on to your new home. You’ll avoid expensive fees, closing costs, and investors will purchase your home as-is, assuming the costs of repairs that you’d have to pay if you were selling via more traditional means.
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