What are some of the key benefits to selling your home in Clearwater to an investor?
When one has a pressing need to sell, speed can be important. A traditional home sale takes from one to two months to finalize. During this period other costs are accumulating.
For example, if the mortgage payment is $1,600 per month two months means a loss of $3,200.
That’s a sizable chunk of revenue for a homeowner in a challenging situation.
In addition, there are typically seller contributions to closing costs that can average 3% of the cost of the home. If a home is priced at around $250000 those contributions would be $7,500.
So the total saved would be $10,700. That’s a substantial amount going back into your pocket.
In my next article, I’ll review other ways that home sellers in Clearwater benefit from working with investors.