My name is Jeremy, I am the owner of Frontier Homebuyers. If this article describes your situation, and you are looking for some more information based on our experience, please don’t hesitate to call or text me at 267-459-3025 and I’ll help however I can.
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 Hatfield 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 Hatfield, 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 investment. The idea of taking on a new property, that comes with damages, can seem very stressful and off-putting to many buyers. Your best bet will likely be finding the right investors who don’t mind taking on damaged property. At Frontier Homebuyers LLC, we are very experienced in fixing up properties and are happy to help if you need to sell a damaged house. We’ve seen every type of damage situation, from fire damage, to flood damage, termite infestations, tree damage, you name it. The emotions of a challenging situation like one of these is often the biggest hurdle to thinking clearly and examining all options.
Your Selling Options
Fix It
Quite obviously, if your house is damaged, you can fix it. 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 money on a property they are selling without any guarantee of a return. We recommend talking to a minimum of three qualified contractors who can give quotes with a detailed scope of work. Depending on the type of damage, some contractors may work in conjuction with your homeowner’s insurance to pay for at least some of the needed repairs.
Another consideration is if you are going to spend money on repairs, talk to a real estate agent or qualified real estate professional first to make sure you are making changes and improvements to the house that buyers will be willing to pay a premium for.
List As-Is
Instead of spending money on repairs, you can choose to list your house as-is. While you may be offering it at a fair price, if your average buyer sees pictures making the house look bad, or sees that there are a number of repairs required in your property description, you might have some trouble getting enough attention to the property in order to sell it. Today’s market is extremely competitive and we’ve seen many low priced homes get lots of attention from first time homebuyers who think they have what it takes to buy a fixer upper and bring it back to life. However, many of these buyers tend to get cold feet as they come to terms with the nature of an “as-is” sale, especially if there are larger repairs that surface during an inspection. Many times the deal will simply fall through as the buyer realizes they have neither the expertise or the budget to make all the necessary repairs. This unfortunately can cause lengthy delays and difficulty for the seller.
Sell Directly To A Cash Buyer
Typically the fastest and easiest way to sell a damaged property is to get it in front of an investor or a direct buyer. If you choose to sell to Frontier Homebuyers LLC, we will buy as-is, potentially saving you thousands of dollars in repairs. Plus, we are able to close very quickly so you can easily sell your damaged home in the Hatfield area, and move on with your life! One of the biggest benefits of selling to an investor is we are not spooked by large or difficult repairs, but have the experience and financial backing to fully consider these items before making an offer. That means if you talk to a reputable company such as Frontier Homebuyers, the offer you get is the offer you put in your pocket on closing day. We rarely run into delays due to unaccounted for damages or repairs but take everything into account prior to making a cash offer.
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. We go back to one of the first points of this article: if you do decide to fix up the house, make sure to get multiple quotes and detailed scope of work.
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 Hatfield house 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 Frontier Homebuyers LLC, thrive on fixing up old homes, and helping owners escape their damaged Hatfield properties! You have the opportunity to sell directly to investors such as Frontier Homebuyers, without having to pay realtor commissions or closing costs.
Owning damaged property can be stressful. The repairs can be expensive and you can be held liable for any injuries that occur. If you are not able to make the needed repairs, it might be time to sell your damaged house. You don’t have to hire an agent. Learn more about selling your house as-is, so can be rid of your troublesome property once and for all!