You might think that selling a house that needs repairs will be difficult. However, buying fixer-uppers is our specialty! Learn more about what we can do for you in our latest post!
If you want to sell a run-down, Fredericksburg Area house, one of the last things you will likely want to do is spend money to make it look nice. It doesn’t always make sense to repair a house before selling it. There are no guarantees that you will see a return on your investment, so in essence, you could be throwing your money away for nothing. It the repairs are cosmetic, you could repair with your style in mind, completely alienating someone with different tastes. All your hard work could actually be what causes someone to pass over your property! Don’t make repairs until you are 100% certain they will be worth it!
How Much Will It Cost To Fix?
Don’t try to price it all out yourself, contact a few contractors to get estimates on the needed work. Some sellers will choose to have a home inspection done before selling. This lets you know the exact condition of your house before sellers buyers start doing inspections of their own. This will give you better negotiation power and let sellers know that you aren’t trying to hide anything.
Which Repairs Are Critical?
People are more inclined to buy a Fredericksburg fixer-upper property if the repairs are more cosmetic. If you want to find a broader range of buyers, make sure that a person could at least live in the house is they chose to, making repairs while living there. It can be a bit more difficult to find a buyer for an uninhabitable house.
Consider Your Selling Options
There are a few things you can do:
- You can pay to fix and list the house
- You can sell it directly to a fixer-upper specialist, such as Home Investors of America
- You could try to list it as is, and pray for the best
If you decide to fix and list, make sure you know how much you will have to pay out of pocket. Aside from the repair costs, listing your house will require marketing, cleaning, and commissions all be paid.
Home Investors of America is very interested in buying Fredericksburg properties. We love to make the repairs and revitalize the house for new buyers. There is never any obligation or hassle when you receive an offer, learn more about what a direct sale can do. It might be the solution you have been waiting for!
Trying to list a run-down property can be difficult. When people see a photo of a damaged house, they are very quick to move on to the next listing. Not everyone is comfortable with spending a fortune on a house, only to have to spend more time getting it ready. When trying to sell your Fredericksburg, VA fixer-upper property, one of the best decisions you can make is to sell it to a professional investor directly.