If you have a property that is old and defective, you’re probably thinking twice about putting it on the market. First, will buyers even look at it? Second, will it sell at a decent price? Well the good news is, it is very possible to sell a defective house. Here are some of your options:
1. Consider repairing and renovating your house.
Many home buyers prefer turn-key homes. This is completely understandable, as one would normally want a house that does not need too many repairs when they move in.
Fixing your home and making it move-in ready make it more appealing to prospective buyers, and will help increase its value as well. However, if you do decide to take on some home improvement projects, be ready to spend time and money.
As to what home improvement projects to do to make your house look more desirable in the eyes of the prospective buyers, there is no black and white rule. However, here are some of the common areas to look into:
- Front yard
- House exterior
- Windows and doors
- Hardware
- Plumbing
- Heating and cooling systems
- Lighting fixtures
- Flooring
- Kitchen cabinetry
Additionally, remember to clean and get rid of clutter. It’s also advised that you remove non-essential personal stuff so it’s easy for the prospective buyers to envision themselves living in the house.
Now repairs and renovation sound like a great way to sell your used-to-be-defective house at a great price. But what if you are tight on budget? Here’s another option.
2. You can skip the repairs and renovation, but sell it for a much lower price and wait for a buyer.
If you do not have the budget to fix your house, you can still sell it. However, expect much lower offers and a longer wait time.
Buying a defective house means the buyers will have to do a lot of repairs themselves, so do not be surprised if they negotiate the price. In this case, you may have to settle for less than the amount you expected for your home.
Further, move-in ready houses are usually the ones that grab the attention of the buyers first, so if your house is on the other side of the spectrum, your house might sit on the market longer.
If you decide to go this route, be sure to hire the best real estate agent who can help you. The agent will know how to market your house properly in such a way that its positive aspects are focused on instead.
But what if you don’t have the time to wait for your house to sell? Here’s another option.
3. Sell your house as-is for cash.
Selling your house as-is for cash is the fastest and most practical way to get rid of your defective home. With this method, the advantages are countless:
There is no need for repairs and renovation when you sell your house as-is for cash. Cash buyers like We Buy Any House Fast buy houses in ANY condition.
There is no need to stage your house. You do not need to make your house look good (in person and in photographs) to a cash buyer. You do not need to rearrange your furniture, add indoor live plants, or have professional photographs taken of your home.
You can skip the cleaning or decluttering. It does not matter if you don’t have the time to clean or declutter your house because it is an as-is sale.
There is no need to hire a real estate inspector. The sale can be done even without an inspection because the state of your house is immaterial.
There is no need to wait for months for a buyer. When you sell your house for cash, you do not need to put it on the market and wait for a buyer to take interest in your property. The process is quick and easy.
The sale is guaranteed. Perhaps one of the biggest pros of selling your house for cash is that the sale is guaranteed. You don’t have to worry about not getting offers or not getting requests for showings.
You don’t have to worry about real estate agent commission fees. The commission is roughly 5% to 6% of the sale price, and that’s a huge chunk of the sale proceeds. When you sell your house for cash, you keep the total amount of proceeds because you do not need to hire a real estate agent.
If you are ready to sell your home for cash fast, contact We Buy Any House Fast at 800-976-SOLD to speak to one of our real estate experts or visit https://www.webuyanyhousefast.com/ to price check your property now!