Too Many Repairs? How to Sell a Dallas-Fort Worth House Fast
Stop stressing about costly repairs on your house. You can sell it for cash as-is in Dallas-Fort Worth, TX!
The benefits of selling your fixer-upper to a cash buyer
Selling your home can be mind-boggling. Advertisements, Realtor fees, and home inspections are both time-consuming and costly. If you want to sell a house that requires a lot of work, getting your home back to or better than it used to be might not be worth it financially. In preparation for selling your property, you should ask yourself will you get more money if you fix your house or if you sell it as-is? If you don't have the financial resources and the home requires major repairs, the question becomes how do you sell a house when you have no money to fix it?
Renovations and Frankenhouses with Too Many Repairs
Making your home appealing to potential homebuyers is necessary for a top-dollar sale. Aesthetic issues like wall color, replacing appliances, and damaged floors are cheap and might not hinder a sale. Though, structural defects are costly repairs that must be made. Sometimes, the most major repairs are only revealed after a thorough home inspection. Every house has defects. Some are obvious and some are hidden.
When attempting to sell a house fast with repairs, you need to consider these hard-to-find repairs and what it might mean to a buyer. Most buyers aren’t willing to pay the desired asking price on the assumption that everything they can’t see is in peak condition. In many cases, it’s easier to sell a house fast with repairs. But how do you make structural repairs without bleeding your wallet dry? Some sellers use contractors. Many contractors are equipped to handle minor damage and short renovations. Too many, though, have turned beautiful homes into ugly Frankenhouses.
CNN Money’s staff writer Les Christie says Frankenhouses are homes that feature renovated eyesores. Some of these are “pipes running through living rooms and bedrooms strung together like garlic cloves". They offer the buyer dysfunctional floor plans and finishes. They also offer repulsive color schemes and downright tactless room re-purposing. They’re unappealing to the average home buyer and, thus, stay on the market for longer periods of time.
Using contractors to help sell a house that needs a lot of work may cost you even more. It also comes with a longer transition period between listing and closing. Best case scenario: your contractor does great work within a guaranteed allotted time frame. Do you want to fix those major structural defects like replacing your roof, deck, or septic system? It'll mean spending thousands of dollars before even listing your home. Renovating your home with contractors before selling can also deter potential buyers. When confronting cosmetic and particular major repairs, homeowners are faced with home-altering decisions. A variety of these improvements are highly stylized and require the right individual tastes. These can differ among neighborhoods, regions, and time periods dependent on what’s in-style. A feature that you love could be the deal-breaker for a buyer.
Selling with a Realtor As-Is
So how do you get rid of your fixer-upper? Making repairs is necessary but the thought of hiring contractors and owning a Frankenhouse is undesirable. Many homeowners decide acquiring a Realtor and selling their house without making repairs is the only option. Going the traditional route and using a Realtor to sell a house fast with too many repairs is tough enough; but selling a house that needs repairs, especially major ones, is seemingly impossible for even experienced real estate agents. When selling a house that needs repairs, Realtors often suggest lowering your asking price to reduce your home’s time on the market. In theory, this is great. The more time a house spends on the market, the more time a homeowner spends paying the home’s utilities, taxes, and insurance. However, sometimes, the Realtor is more concerned with selling and receiving payment than selling your home at the top price to the right buyer.
We are real estate professionals as well, but sometimes, using a Realtor means giving up your home’s best chance to sell. Using a Realtor also comes with unexpected fees, commissions, and unwanted advice on how to manage your property. Yahoo! Finance’s Mandi Woodruff estimates that even after paying the buyer’s commission - generally 3% - For Sale By Owners (FSBOs) cut selling costs in half by avoiding their own broker’s commission. With a median household cost, cutting out a Realtor saves thousands!
A Stress-Free Solution
If you’re looking to sell a house fast with repairs by using contractors, you can expect a lot of fees, paperwork, and other hassles. Want to hire a Realtor and sell without making repairs? We are licensed professionals and we can help you with that as well. If you are looking for a simple, no-hassle solution to selling your house without having to make any repairs, consider a cash buyer. Considering a cash buyer might seem unorthodox, but it’s quite common in today’s market. Accepting a cash offer eliminates many struggles sellers face when trying to sell a house fast with too many repairs. We can offer a much quicker close due to our ability to skip the mortgage process completely. By avoiding banks, selling to a cash buyer means closing and receiving payment within a week – as opposed to the typical 30 days. This speed of sale means more money in your pocket faster.
Cash buyers also provide more stability for sellers. They are usually pre-approved before making an offer on your home. So when a cash buyer is interested, there’s a sureness of sell that cannot be matched elsewhere.
One of the main advantages of accepting a cash offer is the cash buyer's ability to buy your home as-is. Homeowners shouldn't worry about fixing major repairs, updating outdated finishes, or appealing to the average buyer. A cash buyer wants your home just how it is and is willing to pay fair market value for it. So how do you sell a house fast when there are too many repairs? Avoid costly renovations and contractors, and seek out cash home buyers. They offer you more security and money without settling for less.
Get a Cash Offer Within 24 Hours
Lucky for you, we buy houses in Dallas, TX. We work fast to get you a no-obligation cash offer for your house within 24 hours. Our customers comment all the time about our soft approach. You won't get a hard sell with us. If you are not completely satisfied with the offer we make to buy your house, you don't have to accept it. No charge. No fees.
We'd love to talk to you today about the house and your situation. We're here to help even if you decide not to sell your house.
Give us a call at (305)930-3945 or fill out the form below to get started. We look forward to talking with you.