Do you need to sell a house that needs work? You don’t have to feel stuck or fearful of all the impending expenses! We have put together some great tips to help you sell your Central Valley home… even if it needs some work!
Many people hang on to a house that needs work because they don’t have the time or money to fix it. This inevitably costs more money in the long run, not to mention the stress and hassles that come from a run-down house.
There are many people out there who will buy your house for a great price, freeing you from the property and the burden of making repairs. A traditional buyer may be looking for a fixer-upper or you can sell to a real estate investor who will buy the property in as-is condition. They’ll handle the repairs and get it ready to resell or rent out. The strategy of selling a house that needs a lot of repairs is a bit different, and with our tips, we can help you sell your the Central Valley house quickly and for a great price!
How to Sell a House That Needs Work in the Central Valley
Fix What You Can
There are many things that can be repaired relatively inexpensively while still making a strong impact. A fresh coat of paint can go a long way. Repairing holes in the walls, cleaning the carpets and adding new fixtures are all great ways to fix up the house without breaking the bank. We also recommend repairing the roof and cleaning up the yard. Curb appeal has a major impact on a potential buyers perception of the home. If their initial impression is of a neat and tidy yard, they will have a more open mind when viewing the rest of your home!
Get Your House in Front of Serious Cash Buyers & Investors
It never hurts to contact a local real estate investor and get an offer on your home in as-is condition. You’ll get a quick offer that you can accept or not. And if you are ready to sell the house quickly, the deal could be done in as little as a week compared to the months it will take to sell your property on the open market. Factor in any money it will take to make the necessary repairs, hire a real estate agent, pay closing costs, continue with insurance and mortgage payments until you sell, etc. Sometimes, you can actually save a lot of money with a cash sale.
Play Up What’s Good
If you are going with a more traditional sale of a run-down house, there is bound to be something about it that is appealing! Maybe it’s in a great location or features custom, built-in cabinetry. Focus on the positives and the potential of the property once it has been fixed.
While you want to play up the good features you also need to be 100% honest about what is wrong with the house. By disclosing everything you know, you can address it head-on as opposed to after the inspection has been done. You don’t want to set yourself up for a lawsuit by concealing a potentially deal-breaking fact about the property. Plus, it’s the right thing to do.
Call For Offers and Wait
One strategy many people use is to call for offers and wait. Let it be known that you are widely advertising the property, and will be taking any and all offers into consideration. Set a specific date as to when an offer will be accepted. This will create a sense of urgency and will potentially pit multiple investors against one another in a battle for your home.
Help People Use Their Imagination
No matter what shape the property is in, you can do some things to set the mood. Is it a nice day? Make sure the windows are open to let the breeze come through. Stage the home to the best of your ability and clean up as much as possible. You can even find free interior design or room planning software to show what the potential of the room with a few renovations. Help your potential buyers see what could be!