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Updated by elis on Apr 27, 2018
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elis elis
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Top 5 Times You Should Sell Your House to Cash Buyer

Major life-changing moments can happen at any time. As a result you may need to sell your home quickly which can add heaps of stress. It's helpful to know in which scenarios you should sell to an investor.

1

Impending Foreclosure

Impending Foreclosure

In a situation of impending foreclosure, selling your home quickly is a must. Foreclosing has a lot of negative implications on your credit and other factors for years. Selling your home could provide a way out of that mess. But going the traditional route of a realtor could take months or longer, which is time you may not have. In contrast professional cash buyers provide quick offers and can close in a matter of days or weeks.

2

Divorce

Divorce

The process of divorce isn't easy in any way. If you and your spouse decide you don't want to keep your home but sell it instead, things could get even stickier. Oftentimes, it is helpful to have a third party to help you make the hard decisions like pricing your home. A reputable investment firm could be a great option for you in this case. They will make an offer, you can close quickly and move on with your life.

3

Inheritance

Inheritance

Inheriting a home from a loved one could be a wonderful gift or a terrible inconvenience. If the house isn't your cup of tea or it's simply not located where you want to be, your best choice may be to sell. Especially if your inherited home is in another state, trying to sell your home through traditional means can be tricky. You won't be there to fix needed repairs or sell furniture. House investors buy properties AS IS. That means, you don't have to lift a finger. They make an offer and if you accept, they'll take care of the rest.

4

Terrible Tenants

Terrible Tenants

Perhaps you're a landlord and you're finding that you have horrible tenants. Destructive renters can damage a property severely and yet suing them is generally not worth the fight. With so many costs associated with going the legal route, it's probable that your property won't be repaired with the money you receive if you get any out of a settlement. Instead, you can opt to sell to cash buyer. They purchase properties in any condition and fix them up themselves.

5

Costly Repairs

Costly Repairs

If you find yourself with a property that has too many repairs to count, you may become overwhelmed. Perhaps you thought you could be a house flipper but discovered that your DIY skills are decidedly sub par. Don't feel badly, you're not alone. House repairs can be extremely costly and many should be outsourced to professionals so they can be done to code and safely. If you find you don't have the time to fix up a dilapidated property and just need to get the thing off your hands, a professional home investor is a great route. They'll buy the home for cash and you could have that house off your hands in a matter of days.