Home ownership just isn’t what it was in the 1950’s in the 1980’s or even the 2000’s. We are in a very weird and backwards market.
In the past, people would buy a home, raise a family and live there for the rest of their lives, eventually they would pass it on to their family. Things have changed, and I mean really changed. Many first-time homebuyers are going into it with the attitude that they’ll sell when it’s time for a change. They change jobs every few years, they get bored with a city and are quick to relocate when they find a better opportunity. They expect houses to be custom designed to their wants and needs. It has to have a modern look and feel. All new flooring and countertops. Even a 100 year old house has to be updated. No one wants to do work.
If you’re looking to sell your house, you could be frustrated by the type of buyer you are seeing.
Despite the market trends in Connecticut slowly shifting, it’s still very much a seller’s market. There are so few properties available that you would expect to get a really high price for your house. But if you haven’t kept up with the trends or done routine maintenance your house is probably going to sit on the market a long time unless you slash the listing price by a lot.
How To Sell Your House To An Investor in Connecticut
One option that many homeowners are turning to is selling to a real estate investor like Next Door Properties to buy your house from you.
These independent investors typically purchase homes, repair them, and then use them to generate income; either as rental units or sell them after doing renovations to home buyers that are looking for updated houses. Connecticut has numerous 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 them with information about your home and personal situation.
The investor will then inspect the home and determine a fair value, taking into account necessary repairs, and make an offer. If the offer works for you, you’ll close, and receive the payment for your house in cash… sometimes within 7 days if you want to close that fast.
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.
If you need to sell your Connecticut home very quickly, with little hassle, selling to a Connecticut real estate investor is a great option.
When you work with a real estate investor… there usually aren’t 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.
While real estate investors are often looking to purchase homes at a discount, allowing them to fix up the house if it needs repairs… then sell the home to another home owner.
The Hidden Costs Of Waiting To Sell Your Connecticut House
Many people don’t consider the hidden costs of holding on to a property.
All those extra months of mortgage payments, utilities, maintenance costs, tax payments, insurance premiums and other fees could quickly add up and keep draining your wallet. By selling at a slight discount, you could potentially end up with more money in the long run. The freedom of not having this house means all the money going to holding on to that house goes right into your pocket.
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 realtor commissions. 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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