Need to sell a house in Olathe, KS now but you feel overwhelmed by repairs? Are you out of time? Unable to perform the work or afford the expense of completing the repairs your home needs before you list it on the real estate market? There are other options… learn more about how to sell a house that needs repairs in Olathe.
Sell In Current Condition
To sell a house that needs repairs in Olathe, you could market the property “as-is,’ meaning that no repairs will be made. Naturally, buyers expect a bargain price when they look at homes that need repairs so you must be prepared to factor this into your listing price.
Most buyers will still conduct an inspection, so don’t expect to get away when a large amount of work is required. You may want to have an inspection performed before listing your house for sale to know what you are getting yourself into. If a buyer’s inspection shows more than they thought they were getting themselves into, they may cancel the contract.
Additionally, lenders have standards for homes in order to fund the buyer. If your house does not meet certain standards, it may be qualify for traditional bank financing regardless if it is listed in as-is condition or not. Above all, be honest about everything, disclosure in real estate carries legal risks for you as the seller.
Repair Your Home
Another way to sell a house that needs repairs in Olathe is to actually make the repairs. By doing this you may actually get to (or at least close) to the market value of the house.
You may know many of the repairs and updates that need to be complete, but there is a good chance there are some hidden ones that you don’t know about. Surprises can add thousands of dollars to the process, so keep this in mind when going through your process. Be certain to allow a buffer of 10 percent more than the known work estimate to avoid being caught off guard.
You should also allow a buffer of time when you are making your plans. It is very common for work crew schedules to get off track, causing delays down the line like dominoes. While there may be an average number of days on the market, there is no way to know ahead of time when or if the property will sell, so be certain you can afford to hold the property as well.
Sell Directly To Phenomenal Properties KC
If you are unable to sell your house in “as-in” condition or you are not able to make the repairs yourself, you should consider another option… selling your property to a we buy houses company like Phenomenal Properties KC.
After you have gone through the hassle, headaches, and expenses of making repairs, there is no closing date awaiting you at the end of it all. There isn’t even a guarantee the home will sell. One guaranteed way to sell a house that needs repairs in Olathe, KS is a direct sale. We buy homes in “as-is” condition, you do not even need an inspection. With a fast closing date, as fast as 14 days, and a guaranteed sale, professional buyers like Phenomenal Properties KC help you solve your problems quickly. By making a direct sale to Phenomenal Properties KC, you won’t need to worry about sitting around hoping that your property will sell. Phenomenal Properties KC takes all the risks, letting you forget all about the concerns of disclosures, the headaches of showings, or losing time and money on making repairs.