Not all homeowners sell their home to a retail buyer. Here are a few instances in which selling to an investor is the better move.
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Today I’m here to answer the question, “How long does it take to sell a house to an investor?”
One of the benefits of selling to an investor versus selling to a retail buyer is that investors aren’t buying it to live in it, so they can be very flexible on timing. That can help you as a seller, especially if you’re relocating and want to time your move.
We worked with a client recently who did just this. We were able to line up the closing of their current home to their new home on the same day. They were able to get the money wired to their new home and it worked out perfectly for them. They wouldn’t have had that much control if they wouldn’t have sold to an investor.
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Another client we worked with was looking to sell her house and move into senior housing. Her main concern was whether she should sell her home first or find a new place first. She wasn’t able to figure that out for a few years, but then called us up.
We agreed on a price, put a “floating” closing date on there, and made the purchase agreement contingent upon her being able to find a new place. She was getting skipped over by communities because of the home sale, but once we got the home under contract, she went out that week and found a place. We were also able to time this closing so that the sale and the purchase happened on the same day.
If you or someone you know is going through a situation like this and need help or if you have any other real estate-related questions, don’t hesitate to give me a call or send me an email. I would love to hear from you.