Halo buys NJ Homes and renovates them like this craftsman style home

Benefits of Selling Directly To An Investor in New Jersey

Benefits of Selling Directly to an Investor in New JerseyIn general, going the traditional route to sell your house – that is, using a real estate agent, going through multiple showings, and waiting for a buyer to secure financing – will often get you a higher sale price. But it takes much longer, and you lose a good chunk of money to fees and commissions. In certain situations, then, the benefits of selling directly to an investor in New Jersey far outweigh the cons.

Cash Payment

Real estate investment companies and many individual investors have the wherewithal to pay cash when they buy a house. So if you sell to an investor, you’ll often receive a full cash payment on the closing date when the dotted lines are signed.

Although a cash payment from an investor may be a little less than what you would receive through the traditional process, it is much faster. You also won’t have the worry of a deal falling through when a buyer can’t secure financing.

“As-Is” Purchase

One of the most attractive of the benefits of selling directly to an investor in New Jersey is that these deals are often “as-is.” An investor is often willing to buy your house in its current condition, and you won’t have to sink a bunch of money in repairs and renovations before you can sell it. Further, you won’t have to endure – or pay for – any inspections. Not only does this speed up the whole process, but it can save you some significant expenses as well.

No Commissions

When you sell directly to an investor, you won’t be using an agent, and so you won’t have to pay the agent’s commission. The amount you are offered for your house is the actual amount you receive at closing. If you need cash fast and need to know exactly how much you’ll receive from the sale of your house, this can be a huge plus.

Fast Closing

As indicated above, another of the benefits of selling directly to an investor in New Jersey is a fast closing. If you sell to an investment company that specializes in cash house purchases, closing can happen in as little as seven days from the time of offer. The sale doesn’t depend on the buyer getting financing or appraised value or inspections. Basically, you bypass all these things that slow down the sale process, and so it is greatly expedited.

Foreclosure Avoidance

For some people, this can be a huge benefit of selling directly to an investor in New Jersey. If for whatever reason – divorce, injury, layoff, medical bills – you’ve been unable to keep up with mortgage payments, the bank may be threatening to repossess your house. So if foreclosure is on the horizon, selling directly to an investor may be a way out for you.

You can avoid ruining your credit and possibly even putting your family on the street. Of course, this may not be the ideal solution, but it can get you out of a seemingly hopeless situation and let you keep your dignity intact. And if you really don’t want to move out of your home, you may not have to. Some investment companies will assume the mortgage and allow you to remain in the house and rent it from them.

Obviously, the benefits of selling directly to an investor in New Jersey are numerous and valuable. The problem is, though, many inexperienced sellers just don’t know how to go about selling to an investor. That’s where we can help.

TO DISCOVER MORE ABOUT SELLING YOUR HOUSE DIRECTLY TO AN INVESTOR, CONTACT US BY PHONE AT (908) 547-0404 OR FILL OUT THIS QUICK FORM.

jfaccone333

Jonathan Faccone is a full-time real estate investor and developer. He is the Managing Member of Halo Homebuyers, a real estate home buying company based in Bridgewater, New Jersey and buying real estate throughout New Jersey and Eastern Pennsylvania.  The Halo team collectively has over 30+ years of experience in real estate development, investment, design, and brokerage. 

Get More Real Estate Market Info... Subscribe Below!

Interested in what Halo is doing? See before and after pictures of our project houses, find resources on market news, buying, selling, and much more! Like us, follow us, connect!

Call Us!