Have you ever considered selling your house directly to a professional house buyer? Sellers facing the reality of repair costs are all too often overwhelmed with the cost and time involved with getting their home for a traditional listing. Selling on your own or with a licensed real estate agent entails much of the same process. While you’ll potentially save thousands in commissions by making the repairs yourself, you’ll invest more time handling everything that your agent would have, from the time a sign is up in the yard and listed on the internet through to closing day.
Curb appeal plays a significant role in the marketability of a house, especially when listed on the MLS and other online sites where buyers scroll through quickly. Because most buyers are looking for homes that they can move into immediately, you must compete for them to take the time to view your property.
Wouldn’t it be nice to skip all of the headaches and expenses of repairs, along with the added pressures of constantly cleaning and rescheduling your family life around showings and open houses? A professional buyer handles everything for you in one meeting, walking you step by step through the process.
Read on to learn more about how selling your Kansas City house directly to a professional buyer will save you thousands in repair costs.
Supply Costs Rising
Lumber is crazy expensive right now. Costs are double or triple of what they were last year. Other home improvement products such as gypsum (used to make drywall), glass and paint are all seeing hikes in price to either higher demand or a shortage of supply.
Demand has increased because more buyers seek the advantages of having a home of their own. Many homeowners have chosen to invest in their homes, making repairs they have been putting off and upgrades for home offices, schooling, and more family-based activities. This increase in demand has caused building materials and supply chains to lag in production and adding to the costs that consumers are absorbing.
When you contact a professional for an estimate on repairs because of the fluctuations in supply costs, you shouldn’t be surprised when you see a time limit on the cost estimate or even an allowance for changes in actual costs. This lag time in materials will eat away at your profits in holding costs as you continue to pay the mortgage and all of the other monthly expenditures as the project lingers on.
When you sell directly to Phenomenal Properties KC, we buy your home in as-is condition, meaning the cost of materials is no longer your problem. It is easy to see why selling your Kansas City house directly to a professional buyer like us will save you from paying for any repair costs, which can quickly add up to tens of thousands of dollars.
Repair costs can spiral out of control, and this is why experts recommend adding 10 percent to the estimated repair budget. All too often, unseen problems lie hidden, discovered when the project is midway through completion. These discoveries are all too often very serious, such as with the foundation of a building. Depending on your financial situation, failing to plan for all contingencies could bring everything to a screeching halt.
Even when you’ve gone to the expense of hiring a professional to inspect your home and contacted at least three pros for repair estimates, surprises are an inevitable part of the repair process, particularly in older homes.
In some cases, even if you’re unaware of a serious flaw with the home, sellers end up facing legal issues and even more expenses. When you sell your Kansas City house directly to direct buyers like Phenomenal Properties KC, they take on all of the risks of any potential problems. Selling to a professional buyer could conceivably be saving you from additional hidden repair costs that can increase your repair expenses by tens of thousands of dollars.
At Phenomenal Properties KC, we will handle it all! If you face expensive repairs, now is the perfect time for selling your house directly to Phenomenal Properties KC. When you work with us there are no commissions or hidden fees that will be coming off of your cash payment at closing. Talk to the professional buyers at Phenomenal Properties KC about all of the ways that selling your house directly to Phenomenal Properties KC will save you money. Get a free, no-obligation offer from Phenomenal Properties KC and see how easy we make the process!
Send us a message or call/text us at 913-912-6262.