Category Archives: Finance

The Pros and Cons of Selling Your House to a Fort Worth Investment Company

When it comes to selling an old or ugly house as fast as possible, your options may be limited at best. The truth is that even with help from the best realtors, your home may not sell in a few months, and the more it stays on the market, the less likely it is that you’ll get a good offer on it.

 

With the help of investment companies that promote “sell my house fast  Fort Worth” deals, you can get your home sold in a fair time span – sometimes less than a month. But how does the process actually work, and will it be worth it pertaining to your own unique situation?

 

Understanding How It Really Works

 

So I want to sell my house fast in Fort Worth, and I’ve found a good investor to help me. What’s the next step? Ideally, local investors are easy to contact either by phone or online, and they can provide you with information on how they do business as long as you schedule an appointment with them.

 

Once you’ve had your first appointment, either by phone or in person, they will want to schedule a visit to your house. A walkthrough of the home is essential, since it will determine the amount of money they are willing to invest in buying the property.

 

The offer will be made for the house to be bought “as-is,” with no modifications or repairs whatsoever. Also, you’ll get a cash offer, which means the full amount will be provided on closing as cash money. You have the right to refuse the offer and talk to other investors. Once you determine which offer is best, you can accept it and start the proceedings.

 

The Main Advantages

 

  • You can sell your house fast and get cash money that you can then use to repair your financial situation. If you have credit card debts to pay, medical bills to support or loan payments to catch up on, the amount will come in really handy.
  • There are no restrictions and no constraints involved. You are never required to accept a deal, so you can make up your mind on which investor’s offer to accept.
  • Selling your house will result in fewer monthly expenses on taxes and maintenance bills that could cost you thousands of dollars in the long run.
  • In most cases the amount you are offered will help you pay for a smaller piece of property, or even allow you to invest in a profitable business.
  • You don’t have to renovate, paint or even tidy your house before selling it. The investors will buy it regardless of its condition, and they will also support the closing costs.

 

The Disadvantages

 

  • The offer will not help you if you want to sell the house at or above its regular market value.
  • If your house is still in good enough condition that it might sell through the normal channels, it may be best to try that avenue first.

 

What’s the Bottom Line?

 

Selling to investors is an excellent option if you have a house that can no longer be sold by regular means. If you already tried to hire a real estate agent, but failed to get any relevant offers, your best course of action is to consider contacting a local Fort Worth investor for a complete appraisal of the property.