Categories: Blog

Can I Sell A House that Needs Repairs?

It’s a tough situation: you need to sell your house, but it’s not in good shape. Maybe you haven’t been able to keep up on repairs since you’ve gotten older, or maybe you simply don’t have the money to fix the problems that have been cropping up. But you know that no one wants to buy a new home with problems… right? If you’ve been asking “Can I sell a house that needs repairs?” here are your options.

Repair the Home

If your home needs repairs and you want to sell your home in the traditional way, through a realtor, you may choose to make those repairs. Depending on the cost and extent of the repairs, you may be able to do this yourself or have to hire a contractor. Replacing an old water heater or countertops might not be too big of a repair to have done yourself before a sale, but replacing the whole roof might be another story.

 

While traditional sale of your home might result in the greatest price for your home, doing the necessary repairs can have some downsides. If the repairs are extensive, you may be out a lot of money, which you may or may not recoup in the sale. Also, these repairs can take a lot of time, which you may not have to wait.

Sell the House As-Is

Selling a home as-is is exactly what it sounds like: you sell the home in the condition it’s in, regardless of any issues or repairs needed. While you might not get the same price you would if your house was in perfect condition, you don’t have to worry about the expense and time of making repairs yourself. If you need to get out of your house ASAP, for instance, in a foreclosure or divorce, you may not have the time or funds to complete a repair.

 

Selling as-is means that the buyer accepts whatever issues the home has and will pay for the repairs themselves. If this buyer is a real estate investor or house flipper, they likely have the resources to complete these repairs for less than it would cost an average homeowner, meaning that they might even pay more for your house than you would have gotten in a traditional sale, after you subtract your expenses for the repairs. 

 

Plus, selling as-is expedites the sale process. Since the buyer is accepting that there are issues with the house, there aren’t the same kinds of inspections and evaluations that happen with a traditional sale. Additionally, these buyers are motivated to close sales quickly, so that they can flip the house and start making money themselves.

 

Hometown Development purchases properties in any condition. It doesn’t matter what repairs your home needs if you’re looking to move on, we can help you. Contact us today online, or by phone at 616-379-3077, for more information about your cash offer. 

Hometown Development

Recent Posts

Inherited a House? Don’t Miss These Smart Next Steps

Inherited a House? Here’s What You Can Do With It Inheriting a house can bring…

4 days ago

Can You Sell a House in Foreclosure ? Yes—Here’s How

If you're going through a difficult financial time and have fallen behind on your mortgage,…

6 days ago

Sell your House Fast in Michigan – The Stress-Free Way That Actually Works

Thinking about selling your house but don’t want to wait months for the right buyer?…

3 weeks ago

How to Put a House on Sale the Right Way (Most Homeowners Get This Wrong)

Selling a home can feel overwhelming, especially if it’s your first time. You may be…

3 weeks ago

7 Questions You Should Ask Yourself When Selling a Home That Needs Minor Work

Selling a home that needs minor work can be a challenging decision. You may be…

2 years ago

8 Moving Tips That’ll Make Your Transition Easier

Moving out of your home can be a daunting and stressful task, especially if you've…

2 years ago