Are you looking to sell a damaged home here in Fountain? Well they can be a nightmare to sell but don’t let that discourage you! If you need to sell a damaged home fast in fountain we could love to give you an offer.
For the most part most buyers are not interested when there is visible damage on a listing they would prefer that homes be in move in ready condition. You would be amazed at home many things would turn people off that seem small on the surface. Like wrong paint color, don’t like the doors, vanity in bathroom and other seemingly small things that are big to buyers want to live in the home.
But its really just important to know your home selling options for people who have money to make repairs and those that don’t. Read on for more of our tips on selling a damaged home in fountain.
Pricing
One of the easiest and quickest ways to sell a damaged home is to list it at the correct price. First of all since we are local cash house buyers here in Fountain we would be able to give you an all cash offer with a close of 7-10 days. But since we are in this business to make money selling to us won’t be the way to get the MOST money possible. It will be the most convenient but not the one that will get you the highest sales price.
If you are looking to get the max sales price it really is better to list your house with a local real estate agent to the Fountain area. If you have the money to do the repairs they suggest that would be the ideal option. However if you do not want to fork over money for repairs make sure you have them price the home to compensate for repairs.
Do Not Hide Anything
When you are selling a damaged home in Fountain there could be some potential legal ramifications if you attempt to hide something or not disclose something. If you are selling to us we would not require you to disclose or sign anything of that nature. We buy as is and we take on all repairs and risk whether we have seen the repair or not.
But if you decide to try and list with a real estate agent it’s a little different. They will basically make you fill out a disclose form. You state all of the repairs that you know about or defects of the property. It might turn some people off but its better to keep yourself safe in case anyone comes back years down the road attempting to sue you for not disclosing something.
Minor Repairs
Now this one really all comes down to if you have the financial means to pay for the labor and materials of making repairs. If you have the financial means your best to get a few bids from a few different people. Make a list of the things you want them to do like paint, carpet, cabinets, etc. Or whatever you want done.
This can be a little bit of a frustrating option if you do not normally deal with workers in the construction industry. If we were to give you a cash offer you obviously wouldn’t have to make any repairs we would just buy it as is.
Nice tip for dealing with handyman and workers is to make sure that you establish a firm deadline on what needs to be done and how long it will take them to finish the job. You also do not want to give more than a 30% down payment to start the work. Another 30% when the job is halfway and the rest when the job is complete.
I wished we lived in a world where you could trust what people say but that is definitely not the case in the construction world. Trust but verify and make sure and hold accountable.
Targeting The Right Market
Doesn’t really matter if you decide to sell to professional cash home buyers here in Fountain or you decide to list it with a realtor on the open market. It’s nice to have a target buyer in mind. So if you decide to sell your house as is to a professional home buying company this is not something you need to worry about.
But if you decide to sell as is on the open market with a realtor you need to just make sure that you can be ok with your house only really appealing to a small group of people. Investors can’t pay retail prices and typically homeowners just don’t want to hassle with any repairs let alone anything extensive. Obviously if you hired a real estate agent they would do all of this for you.
Know Your Options
When selling a damaged house here in Fountain it’s very important to know all of your options. Start out by asking yourself a question. Do I absolutely NEED to sell or do I just want to sell? If you need to sell your best option may be to get as many offers as you can from house buyers and they can all usually close in 7-10 days.
If you do not NEED to sell your house fast then the next question you need to ask yourself is this. Do I have the money to put into some repairs? Bathrooms and kitchens typically make houses sell for max value. So if one of the areas of your damaged home is in the kitchen or the bathroom ask yourself if you have an extra $10,000-$20,000 or more to make needed bathroom and kitchen updates. Prices van vary greatly depending on who you hire as well.
If we were to give you an offer we would not put any sort of timeline on you or anything. So at least you know what we would pay if you were to sell to us. Then maybe you can get a few realtors to come over and give you their assessment as well. Giving yourself the most options is the way for you to make the best decisions possible. But it all comes down to how fast you need to sell, if you have any money to invest, or if you want to list with a real estate agent.
Thanks for reading our post today!