- Inheritance: When faced with an inherited property, homeowners often prefer to sell quickly rather than go through the complexities of managing or maintaining an additional house.
- Costly Repairs: Properties requiring extensive repairs or renovations can be overwhelming for homeowners, prompting them to seek a swift sale to investors who can take on the responsibility.
- High Mortgage Debt: Some homeowners find themselves in a situation where they owe more on their mortgage than the current market value of their home, leading them to explore alternative options like selling to an investor.
- Foreclosure: When homeowners are at risk of foreclosure, a quick sale can help them avoid the detrimental consequences and financial implications.