Do you need to sell a house that needs work in Pensacola? Or surrounding areas? 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 a house that needs work in Pensacola… 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. The strategy of selling is a bit different, and with our tips, we can help you sell your Pensacola house quickly and for a great price!
Before we dive deep into how to sell a house that needs work in Pensacola. Let me start by saying you can’t hide any repairs that the house needs. If you’re getting a home buyer who is getting a loan from the bank or a lender. The lender will run a thorough inspections. Like WDO (Wood destroying organism), point 4 inspection to cover the roof, plumbing and electrical.
As you see here there’s a lot to cover for repairs. the older the house is, the more likely needs more repairs. It essential for you as a homeowner to do the inspections yourself before listing your house on the market. I mean hire professionals to do the inspections. It will save you a lot of time down the road. Why am I saying this? This is because if you don’t fix the list on your own and prepare that list yourself. The inspectors that the lenders will hire will do that for you.
Hiding Home Repairs Won’t Work
Think you can get away with hiding home repairs? Any problem will be uncovered during the buyer’s inspection. You have three options for dealing with any issues. Either fix the problem ahead of time when you hire a house inspectors yourself before listing , price the property below market value and list it with an agent. Or simply reach out to a reliable and trusted home buyers like Quality Properties Of Northwest Florida LLC. You can sell your property to us in as-is condition. Also you can get a fair cash offer for the house too with no obligations
Always remember, If you don’t fix the problem in advance, you will be eliminating a lot of home buyers who want a turnkey home. Having your home inspected before listing is a good idea if you want to avoid costly surprises after the home is under contract.
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
You can do this by networking in investment and real estate groups. Get the word out about your home and help people to see the potential value. Run the numbers yourself and let people see what it will cost to repair vs. the value of the home when it is complete. Being able to communicate the value of your house to potential buyers is very important when selling a fixer-upper.
Play Up What’s Good
Even if the house has areas that require major improvements, 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 positive 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!