Home ownership just isn’t what it was in the 1950’s.
In the past, people would buy a home and live there for the rest of their lives, often passing it on to their family. Things have changed. Many first-time buyers are going into it with the attitude that they’ll sell when it’s time for a change. If you’re looking to sell your condo, you could be frustrated.
Despite the market trends in Orange County 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 condo.
How To Sell Your Condo To An Investor in Orange County
One option that many condo owners are turning to is selling to a real estate investor like Fast Condo Buyers to buy your condo from you.
These independent investors typically purchase properties, repair them, and then use them to generate income; either as rental units or sell them for a profit. Orange County has numerous reputable and trusted real estate investors who will help you sell your property quickly, though Fast Condo Buyers is the only one who specializes in condos.
Selling your condo to an investor is relatively simple.
You provide him or her with information about your condo and personal situation.
The investor will then research the condo (and comparable ones surrounding it) to 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 condo in cash… usually within 7 days if you want to close that fast!
How Fast Can You Sell Your Condo 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 Orange County condo very quickly, with little hassle, selling to a Orange County 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.
Real estate investors are often looking to purchase properties at a discount, allowing them to fix up the condo if it needs repairs… then sell the condo to another owner.
The Hidden Costs Of Waiting To Sell Your Orange County Condo
Many people don’t consider the hidden costs of holding on to a property.
Extra months of mortgage payments, HOA fees, utilities, maintenance costs, and other fees can quickly add up. By selling at a slight discount, you could potentially end up with a larger sum in the long run.
By selling your condo to a real estate investor, you’re saving yourself possible months of headache, and you can quickly move on to your new home. You’ll avoid expensive fees, closing costs, and investors will purchase your condo as-is, assuming the costs of repairs that you’d have to pay if you were selling via more traditional means.
Fill out the form below to get a fast cash offer on your condo!