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 Raymore house if it requires major repairs. (or any house in the Kansas City metro)
You can sell your Raymore house if it requires major repairs. 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. The market is cooling and overpriced listings are sitting. In addition, once you subtract the real estate commissions, the realtor administrative fees if they have them, marketing costs like staging and virtual tours, and all of the hidden costs like repairs requested by the buyers, there may be little to no profit remaining for you at closing. On the other hand, when you work with direct buyers like Kim & Scott at kcmoHomeBuyer, there are no commissions or admin fees, no repairs, no cleaning, no staging. And because they are Realtors, they can 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 Raymore 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 Raymore 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 or how much they need to adjust your listing price to get it sold in a timely fashion Typically, homes in disrepair are considered bargain properties, they will sell right now in today’s hot market, but the price will need to be adjusted to fit the needed repairs. You’ll need this information when you begin to add up your costs to sell the property, pay commissions, admin fees, marketing costs, and still pay your holding costs.
Invest in Repairs and List
To sell your Raymore 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. And right now with the rising cost of materials and the shortage of workers, this could be hard to nail down. Carefully calculate the viability of making the repairs against the property’s value after deducting all expenses, including holding costs. An experienced investor like direct buyers Kim & Scott at kcmoHomeBuyer can help you feel confident about skipping the repairs and selling as is.
Working with kcmoHomeBuyer is the easiest way to sell your Raymore house for the most money if it requires major repairs. You don’t need to clean for showings or touch up the property because Kim & Scott at kcmoHomeBuyer buy homes as-is. Before making an additional investment repairing a property you no longer want, why not consult with an experienced professional from kcmoHomeBuyer. Kim & Scott will go over every number used to develop an offer you agree is fair. Even better, kcmoHomeBuyer can close in a matter of days (about 10 days to 2 weeks) or delay the closing for a date that works for you! To learn more ways kcmoHomeBuyer can help you, send us a message or call kcmoHomeBuyer at (816) 408-3600.]
“Closed on my Schedule”
I loved working with Scott and the team at kcmoHomeBuyer. I was downsizing my house and moving to something smaller. Timing was everything and since I am not handy doing all the little things the realtor wanted me to do was not going to happen. They made an acceptable offer for my house, even took the stuff that I could not move to my new place and closed on my schedule so the timing worked out.