Let’s be honest how many times have you said “Thank Goodness 2020 is over”??? Yeah…Me Too!
2020 has proven to be a challenging time during the Covid Pandemic but real estate still moves on. And it also showed us that things will change and change FAST!
Real estate has not been unaffected by the global pandemic, adjustments have had to be made which have complicated the process. When emotions are already running at an all-time high among the population and relationships are being strained, the additional requirements in the traditional process of real estate sales can be extremely overwhelming.
We will explore why more people are choosing to sell their homes directly in Philadelphia during Covid-19.
Time is of the Essence
Because direct buyers like Philly Home Investor typically close faster than traditional home buyers, more people are choosing to sell their homes directly in Philadelphia during Covid-19. No matter if a property is listed with an agent or by the owner, traditional home purchases usually require qualifications from banks, mortgage underwriting time, property inspection time and the buyer may not end up qualifying in the end. All of these steps gobble up precious time and in the end, a traditional listing carries no guarantee of when, or if, your house will ever sell.
The time to sell is now, as more and more people are moving towards purchasing their own homes during the pandemic. If your need to sell is due to a relocation for work or personal reasons, unless you sell quickly, you will likely be carrying the financial burden for two homes.
In addition to the stress and expenses of holding two properties, you will either be required to do a great deal of traveling or hire a caretaker for the property you have listed.
Showings Can Be Difficult
For many people, just the thought of dealing with the hassles of showing their property when it is listed on the market is extremely stressful and can truly be a nightmare. This reason alone is why more people are choosing to sell their homes directly in Philadelphia during Covid-19.
With Philly Home Investor we can provide you an offer right over the phone without even seeing the property. We also accept videos and pictures if the quality is good. We do our best to make everything convenient for you.
By selling directly to a company like Philly Home Investor, you can eliminate all of the frustrating phone calls asking if your house is available right now to show your home. When you sell directly to Philly Home Investor, you won’t have to worry about leaving your home spotless every day before heading to work, just in case there is a showing while you’re gone.
We literally but the property “As-Is”, you can leave whatever you want in the property, we will dispose of it all.
There is also no chance of the discomfort of possibly running into a buyer’s agent or their clients or dealing with rude buyers asking you questions directly. When you work with us here at Philly Home Investor there will be no more buyers arguing with you over which furniture you are taking and what you are leaving.
People in Your House
One thing we have learned during the pandemic is that it is risky to have multiple strangers from different households, possibly different cities or states coming into your home wandering about.
If you aren’t working with a real estate agent that has grown accustomed to the new steps for self-protection, you will have to educate yourself on all of the necessary steps to protect yourself and be certain you have strict management of visitors in your home. This risk is why more people are choosing to sell their homes directly in Philadelphia during Covid-19.
“He lifted a big weight off our family shoulders.”
“After my mother got sick we had no choice but to sell her house to pay for her medical expenses. If we couldn’t sell the property and get the money we needed in less than 30 days we would have had to remove her from her care. But not only did David come through on his promise but he was able to close in less than 21 days. He lifted a big weight off our family shoulders.”
No Repairs Needed
Professional home buyers like Philly Home Investor in Philadelphia usually do not require inspections which makes it a truly as-is transaction. As a seller, this means you do not have to worry about repairs before closing or any other additional expenses you were not planning on.
The average repair or renovation in Philadelphia can be anywhere from $10,000 to-40,000 depending on the job.
Professional home buyers like Philly Home Investor, already know the state of the property, and they are willing to take on that risk, in turn, this makes the process even quicker. At Philly Home Investor we work with you, laying out every step of the process and usually have shortened, very clear contracts that are simple as-is purchase agreements.
This is another reason that more people are choosing to sell their homes directly in Philadelphia during Covid-19.
By working with Philly Home Investor, you will also have lessened exposure to any legal risks. You won’t have to worry about the buyer finding something you simply did not know about, and therefore didn’t disclose or suddenly discover something they don’t like about the home or the neighborhood.
Under most traditional real estate contracts, there is a potential for the buyer to sue you if they feel they did not get all of the information, or if they feel the facts were misconstrued. This is a big reason more people are choosing to sell their homes directly in Philadelphia during Covid-19.
While we can’t cover all of the reasons selling directly may be one of the best precautions you can take to protect yourself and your family here, at Philly Home Investor, we completely understand your concerns. At Philly Home Investor, we will stop and take the time to listen and we’re more than happy to answer any questions you may have. Please send us a message or call Philly Home Investor today at (215) 422-3288.
We not only buy properties all over the Philadelphia region but also the surrounding Counties. Be sure to check out all the other areas we are currently looking to buy in.