If you own a house that is in disarray or in need of repair, don’t fret. There are ways you can sell your house without having to pay for all the required repairs. If you need to sell a damaged house in the Louisville area, our latest post will help you save time and money on the sale of your home.
In order to sell a damaged house in Louisville, you’ll need to be able to get in front of the right buyers. Many buyers are looking for a house they can move in to right away or rent out for extra cash as an investment. The idea of taking on a new property that comes with damages can seem very stressful to many traditional home buyers. Your best bet will likely be finding the right investors who don’t mind taking on damaged property that needs repairs. At Louisville House Buyers LLC, we are very experienced in fixing up damaged and neglected properties and we are happy to help if you need to sell a damaged house in Louisville.
Your Selling Options…
Obviously, if your house is damaged then you can and should fix it, if you can afford to. This is likely going to be your best choice if you want to sell it for a price that is competitive with others on the market. That said, many people don’t want to spend a bunch of time and money on a property they are selling without any guarantee of a return.
Instead of spending time and money on repairs, you can choose to list your house for sale as-is. While you may be offering it at a fair price, if your average buyer sees pictures that make the house look bad, or sees that there are a number of repairs required in your property description, you might have trouble getting enough attention on the property to sell it quickly. As-is properties typically only sell to real estate investors who have the financial ability to purchase without typical bank loan requirements. These investors also have the experience to deal with the contractors needed to put the house back into top shape.
Typically the fastest and easiest way to sell a damaged property is to get it in front of an investor who buys directly, without an agent or a traditional bank loan. If you choose to sell to Louisville House Buyers, we will buy it as-is, potentially saving you thousands of dollars in repairs and holding costs. Since we are able to close very quickly, you can easily sell your damaged home in the Louisville area and move on with your life!
Ask Yourself These Questions…
How Much Do You Want To Spend Upfront?
If you have the cash upfront, you might consider fixing up the house and putting it on the market. This can require a good amount of time and will not come with any guarantees. If you spend a fortune fixing a damaged property in Louisville, there is no guarantee you will get it back.
Who Is Your Ideal Buyer?
Is it realistic to fix up the property and put it on the market? Do you honestly believe that you will be able to find buyers for your damaged property, willing to pay what you need? If so, and if you have the time to wait and find out, consider listing your Louisville house for sale on the MLS with an agent. Or is the damage so severe that your ideal buyer would actually be an investor, with the means to fix up the property? Many investors, such as the team at Louisville House Buyers LLC, thrive on fixing up old homes and helping owners escape their Louisville properties!
Owning damaged, unwanted property can be stressful. The repairs can be expensive and you can be held liable for any injuries that occur on your property. If you are not able to make the needed repairs, it might be time to sell your house as-is. You don’t have to hire an agent. Learn more about selling your house as-is, so you can be rid of your troublesome property once and for all!