Should I sell my house to house a flipper?
You’ve probably noticed that today’s real estate market is hot right now. It doesn’t matter if you are a homeowner looking to sell your house fast or a seller looking to buy. There are pros and cons to both sides. A question we get asked all the time as a private home buyer is ,”Should I sell my house to a house flipper?” In today’s article we are going to cover a few of the main reasons selling your home to a house flipper could be your best option.
What is a house flipper?
First off, we need to define what a “house flipper” really is. A house flipper is a loose term for professional real estate investing or real estate investors. A house flipper will purchase a house in its original condition, or as-is, at a fair price—not to rent or live in, but to repair, remodel, renovate and then place the house on the MLS and “flip” or sell it to a new buyer for a profit.
We buy houses! As a private home buying company, we are looking to help people who need to sell their homes quickly. We buy these homes at a fair price based on the condition of the home and what the real estate market dictates. We then spend the time and capital to renovate and repair the home. Once our work is finished, we then put the home out to our network of real estate investors and buyers. This is our process for “flipping” houses. Our main goal is to help the original sellers get out of a bad financial situation and into a situation that works better for them.
Should I sell my house to a house flipper?
There are many reasons you might be needing to off-load a house that you own. For example, maybe you’re going through a divorce, you recently inherited a home or you’re looking to sell a home that you rent. The reasons vary but what doesn’t vary is that a private home buyer can help you faster than the traditional way of selling a home.
Here are three main reasons for selling your home to a professional house flipper, also known as a private home buyer.
One - The Ability to Close Quickly
Professional private home buyers offer something that traditional methods simply can’t—a speedy close. House flippers often offer cash or private capital to sellers. This means they are not reliant upon banks or lending institutions. By offering an all-cash offer, house flippers are able to get money into your pocket and close QUICKLY. If you need to sell your house immediately, or on a deadline of your choosing, selling your house to a house flipper might be a great option.
Two- No Need To Repair Or Renovate Your Home
Private home buyers typically are looking for homes that are in need of minor or even major renovations. They can afford to inject capital into the repairs. If you need to sell your home quickly and do not have the money or want to spend the time and money to fix your home, selling to a house flipper is a great option. By not completing the necessary renovations on your own, you save serious money and time PLUS you don’t need to depend on a traditional selling timeline. The normal timeframe can be 30-90 days AFTER you’ve spent the money and effort to get your home market ready. Can you wait that long? Do you have thousands of dollars to spend with the hope you can make it up at the time of the sale? If these sound like scary variables, selling your house to a house flipper might make a lot of sense.
Three- Avoiding the Traditional Listing Process
Let’s face it, the traditional listing process can be a difficult and overwhelming endeavor. By selling to a private home buyer (house flipper,) you’re not going to have to go through the trouble of hiring a realtor, getting your home market ready, hiring a professional photographer and then listing your home on the market. A major pain point for homeowners looking to sell their home is dealing with the unpredictability of walkthroughs. With COVID-19 still taking its toll on the world, a lot of sellers would most likely consider cutting out all the home showings and walkthroughs all together. The traditional listing process takes time and a lot of effort on the part of the seller. If you need to sell your home quickly and want to avoid a lot of the stress that comes with listing traditionally, selling your house to a house flipper is a much shorter and less stressful route.
So, what are the next steps you can take?
If you are interested in learning more about the ease of selling your home to a private home buyer, like us, we encourage you to reach out to us immediately. We are here to help answer any questions you might have. In fact, if you want to know the answers to some of our most frequently asked questions, click here.
Let’s say you need to sell your home in the next 30 days. Here are a few questions to ask yourself:
Is my home market ready?
Do I have the time and money to complete the needed renovations?
Is the traditional listing route the best for me?
Can I actually close the sale of my house in the next 30 days without selling to a house flipper?
If you answered no to any of these questions, we would like to talk to you today. Call us at 905-260-9779 and our team of professional home buyers will walk you through our three step process to buying your home.
In Conclusion
We have been helping people who need to sell their homes fast for over 10 years. It doesn’t matter the condition of your home or how fast you need to close. We are confident that we can help you get out of your current situation and into a better one—FAST! We hope you learned something from this article and, as a reminder, we are here to help you.