If you’re looking for answers on how to sell your house if it requires major repairs then you’re on the right page! One of the biggest hurdles homeowners may face is the need to sell while being aware of the need for major repairs. As a result, you may feel defeated, wondering who will buy your home in this condition or how much they might offer. Stop worrying. Read on to discover how to sell your house if it requires major repairs in Northern Kentucky.
You can sell your house if it requires major repairs in Northern Kentucky. But, don’t forget, when you list your property, whether on your own or with a traditional real estate agent, there is no guarantee of when or if the agent will sell the property. And don’t count on the asking price being your final sales price; bargain listings usually receive rock bottom offers, which often leaves homeowners feeling insulted. In addition, once you subtract the commissions, fees, marketing, and all of the hidden costs that accompany working with real estate agents, there may be little to no profit remaining for you at closing. On the other hand, when you work with the direct buyers at We Buy NKY Houses, there are no commissions. They will outline what you would receive with a direct sale or if you decide to work with an agent so that you can make an informed decision.
Touch Up and List
Another relatively inexpensive way to sell your Northern Kentucky house is to do a cosmetic makeover making it more attractive to buyers. Some quick and easy updates with reasonably little money will freshen the overall curb appeal to show the potential. People looking for homes may be more willing to become buyers for your Northern Kentucky house if it requires major repairs. Because it costs money to hold onto the home, such as any mortgage payment, taxes, and monthly utilities, your best option is to ask your agent their average time for a home that needs repairs to be on the market. Typically, homes in disrepair are considered bargain properties, tending to remain on the Northern Kentucky real estate market longer than ready to move into properties. You’ll need this information when you begin to add up your costs to sell the property, pay commissions and fees to your agent, market the home, and pay holding costs.
Invest in Repairs and List
To sell your Northern Kentucky house if it requires major repairs, you could complete the repairs and sell the house for full market value. However, your estimates for the costs must be realistic, and it is prudent to attain at least three estimates from professionals for the repairs. If an unforeseen issue comes to light, you should have additional funds above the total estimate available. You also need to know the time to complete all repairs. Carefully calculate the viability of making the repairs against the property’s value after deducting all expenses, including holding costs. An experienced investor like the direct buyers at We Buy NKY Houses can help you feel confident about moving forward with the repairs.
Sell Your House to We Buy NKY Houses As-Is
Working with We Buy NKY Houses makes selling easy from start to finish. The professional buyers at We Buy NKY Houses understand that it can be very stressful when you’re trying to sell your Northern Kentucky house in a hot market. If you prefer to skip all of the headaches of listing, forget all about making repairs and renovations, or if you have no interest in living in a home while renovations and repairs are happening, We Buy NKY Houses is your answer.
If you have questions like: Can you sell a house with problems? What should you not fix when selling a house? Then reach out to us! When you call, we listen. We want to find out what is causing you stress, how fast you need to sell, and how we can help you.
Why worry another day? We Buy NKY Houses is here to help you solve your problems. Are you ready to end your sleepless nights worrying about your property? Contact We Buy NKY Houses today for a no-obligation consultation at (859) 412-1940.