Tuesday, August 29, 2017

What is a real estate investor?

So everyone at some point has to live somewhere. People either live in apartments, a house, a condo, a town house or something that you can live in and abide in. You usually have to pay money to live there, and if you don't, someone is paying for it for you because nothing is free.
So when you rent a house, you are paying a landlord rent money for you to live in that house. You have to sign a lease, which secures that right for you to live there. But who are you paying that money to? Well, most of the time you're paying that money to an investor. But what exactly, or who, is am investor?
A real estate investor typically buys real estate property fast for cash as-is. So that means that no matter the condition or situation of the home, they'll pay cash for it. In all situations, that may not be your best choice, but it still can be something you could look into for sure.
The investor will pay you cash for your house, they will pay all your closing costs, no matter what! You pay no fees whatsoever, which is pretty fantastic!
I work with a company in Tennessee called Favor Home Solutions, and they exemplify this standard of paying cash for homes all over the state of Tennessee. They even buy houses in some different areas as well, which is pretty sweet because they truly are the best. If you haven't worked with them yet, I suggest you do here very soon!

Saturday, August 26, 2017

What is the best way to sell your inherited house?

So everyone at some point has to live in a house, whether you rent or you own that property is another question. For those of you who buy a house or piece of property, you typically have to put down a certain percentage, which gives you equity in your house, which is a wonderful thing to have. But at some point, what happens to a house that you inherited from a family member who passed away? You can't live in two house, so you either have to rent that house or sell your inherited house fast because it can get costly paying to keep up with two separate houses.
So who can buy my inherited house fast? Well I'm glad you asked! So there are tons of different companies out there that can buy houses, or at least say that they will. You have to make sure that you do your research. What does their website say? What do they stand by as a company? What are their reviews? If they have poor reviews, that could be your sign that you shouldn't go with them. But you have to actually read the reviews, don't just look at the star rating. How much work does your inherited house need? If it needs a ton of work, then you might have problems selling it with a realtor, which means you might need to bring on the investors in your local area to help you!
What can I search to find one? Simple! Just search up something like this, who will buy my inherited property for cash quickly. That'll bring up some people who can help you!