Homeowners sell their properties for any number of reasons, and many of these are difficult situations that require you to sell your house in Kansas City with little to no budget. Sometimes sellers have inherited a property that they either simply do not have the time or money to rehabilitate and no interest in living in. Some sellers can no longer afford the upkeep or even their monthly mortgage any longer and are ready to sell the property quickly in order to avoid going into foreclosure proceedings. No matter your reason, we’ll explore how to sell your house without spending money in Kansas City.
Sell Your House As-Is
Listing your home in as-is condition is one way to sell your house without spending money in Kansas City. Many buyers are actively looking for properties being sold as-is, because they realize in most cases it will be an investment of less cash and more elbow grease (often referred to as “sweat equity”), to purchase at a lower price. When it comes to real estate, any experienced agent will advise you that you must disclose all known issues with the property. While you can list with this statement, buyers may still request an inspection which could result in the sale falling through. Additionally, you are still at legal risk over issues that may appear after the home has sold, even if you weren’t aware of them.
Mention Renovation Loans
Whether you decide to list the house yourself or you have a real estate agent, mentioning renovation loans in your marketing may be available to buyers is very helpful if you are looking to sell your house without spending money in Kansas City. These programs do have restrictions regarding the borrower’s credit as well as the viability of the projections the rehabilitation will have on the home’s value when completed as opposed to the amount being requested. Be wary of bright-eyed new buyers who aren’t prepared to see the deal through and often end up backing out, many times because their financing falls through.
Lower Asking Price
Another way to sell your house without spending money in Kansas City is to offer the property for sale at a lower price than similar homes. Sellers will often add in room for bargaining in counteroffers. When you are calculating your numbers, do not forget to include the costs of sitting in your home at a higher price for a longer period of time. When it comes to the fast pace of today’s market and savvy online buyers, you are better off to skip playing games with the sales price. By starting off with your real asking price, you are more likely to attract serious buyers.
Show That House
While it can be a bit discomforting to have strangers strolling through your home, showings are an inevitable part of the listing process. It can be stressful to constantly keep your home ready for a parade of showings, but the day to day effort and inconveniences are well worth it in the long run. Being extremely flexible about the availability of your home for showings is another sure way to sell your house in Kansas City without sinking any more money into it. Your willingness to open your home to potential buyers at a moment’s notice will give you the upper-hand when you are competing with other listings on the market.
Sell Directly to Phenomenal Properties KC
If it the aforementioned tips sound too overwhelming for your situation, you should consider selling directly to Phenomenal Properties KC! We always pay a fair price, and you won’t have to worry about cleaning your house, or be inconvenienced by showings and you can just walk away. Phenomenal Properties KC provides you with a guaranteed closing date of your choice, usually within 30 days or less. We understand all of the risks involved with buying your home as-is, so there is no need to worry about any surprises down the road about disclosure! What’s the best way to sell your house in Kansas City without spending a penny? Sell directly to Phenomenal Properties KC!