The American Dream looks a lot different than it did years ago. The way it used to be, families would buy a home with the intentions of it being their forever home. Often times, it would be passed down to their children or other family members. This just isn’t the case nowadays…
The average length of homeownership in the Myrtle Beach – Conway – North Myrtle Beach area is around 8 years. Many of the millennials are not as grounded as the average American homeowner once was. They prefer flexibility over stability, and would rather be able to pick up and move when it’s time for a change. Often times, they would prefer to rent vs own. If you’re looking to sell your house, you could be frustrated.
Despite the market trends in Myrtle Beach slowly shifting, it’s still very much a buyer’s market. With so much property available, you could find yourself waiting months or longer to get a fair price on your home.
How To Sell Your House To An Investor in Myrtle Beach
One option that many homeowners are turning to is selling to a real estate investor like Belle Coast Properties to buy your house from you.
These independent investors typically purchase homes, repair them, and then either keep them as rentals or try and sell them. Myrtle Beach has numerous reputable and trusted real estate investors who will help you sell your home quickly.
Selling your house to an investor is relatively simple.
You provide him or her with some general information about your home and current situation.
The investor will then inspect the home and determine a fair value, taking into account necessary repairs, and make an offer. If the offer works for you, you’ll close, and receive the payment for your house in cash… usually within 7 days if you want to close that fast.
How Fast Can You Sell Your House To Local Investor?
This process is extremely quick compared to more traditional methods, often taking just 7-10 days.
If you need to sell your Myrtle Beach home very quickly, with little hassle, selling to a Myrtle Beach real estate investor is a great option.
When you work with a real estate investor… there usually aren’t any fees involved, as you don’t have to worry about paying an agent commission, and most often, the investor will cover the closing costs.
While real estate investors are often looking to purchase homes at a discount, they also typically buy “as-is”, with cash, and very little or no contingencies.
The Hidden Costs Of Waiting To Sell Your Myrtle Beach House
Many people don’t consider the hidden costs of holding on to a property.
Extra months of mortgage payments, insurance, property taxes, utilities, maintenance costs, and other fees could quickly add up. By selling at a slight discount, you could potentially end up with a larger sum in the long run. Imagine having to hold onto your house for another 6-12 months. How much in additional holding costs will you incur? If your house is worth $150k, and you have a $500 monthly mortgage payment plus $100 in insurance, $200 in property taxes, $200 in utilities, not to mention any repairs that pop up, you can spend over $1,000 in monthly holding costs! Over $12,000 a year! And don’t forget that realtor commission of $9,000 (6%) if you choose to go that route…
By selling your home to a real estate investor, you’re saving yourself possible months of stress, and you can quickly move on to your new home and leave the burden behind. You’ll avoid expensive fees, closing costs, and investors will purchase your home as-is, assuming the costs of repairs that you’d have to pay if you were selling via more traditional means.
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We’ll evaluate your house, make you a fair all-cash offer, and you can decide if selling your house to us is the best fit for you. We’re here for you, just reach out and lets chat.
We buy local Myrtle Beach SC houses like yours from people who want to sell fast.
Get treated like family with Belle Coast Properties. We simplify the house selling process… check out our testimonials here.