Want to skip the headaches you’ll face as a homeowner when selling your house? If you’re asking yourself, how can I sell my house fast, and you’re not sure whether or not you want to experience the nightmares of selling your own property, we want you to know there is a quick and painless option. Below are five common challenges of listing your house for sale on the MLS. Maybe you’ve been through these before, or maybe this is all new to you, but in either case there’s a simpler way to sell. If you’re ready to learn how to sell your house fast, without making repairs, for cash, then give us a call today at (630) 389-8232 to discuss your unique situation and see if Kendall Partners is a good fit for you!
One of the nightmares homeowners face is spending a great deal of time and money on rehabbing the exterior of the home to increase curb appeal. Most buyers won’t want to stop for a showing if the exterior of the house is in disrepair or if the landscaping is overgrown. The problem is that exterior items can be very costly! A little bit of landscaping may be all it needs, but what if the property needs new roofing, siding, or a driveway replacement? Or if the house is so overgrown with bushes and trees that major cleanup work must be done? Many times curb appeal is necessary to attract buyers’ interest, whether online or in person, but often sellers discover the additional investment isn’t going to bring the return they expected. Sellers just wonder, how can I sell my house fast, and they jump right into making the house MLS ready, before exploring all their options!
Sometimes sellers find themselves facing daunting bills and additional time on the market while they manage the schedules of the professionals making major repairs? This may come before the property is listed based on suggestions an agent has made to be able to list at a desired asking price, or it may come later when a buyer is asking for repairs in order to close the deal. Often sellers find they must negotiate who will pay to make repairs that arise from the buyers’ inspection report. Sometimes the buyers’ repairs require city permits to complete, which also mean additional compliance or approval inspections from the city. Once permits and city inspections are opened up, the city may require MORE work due to issues they see during inspection – such as meeting new energy codes. Sellers might also be surprised to know there are certain repairs the MUST be completed and re-inspected in order for a buyers’ FHA loan to be approved. All these unexpected events mean longer more expensive holding costs for the seller. Buyers and buyers’ inspectors tend to estimate repairs and maintenance costs on the higher end, leaving you with even less profit when you walk away from the negotiating table. Not to mention all of the stress and hassles involved with repair and rehab projects.
Clearing, Cleaning, and De-Cluttering
If a seller has tenants or lives in the house, they’ll also be looking at living in a depersonalized zone for the entire length of time it takes for the home to sell. Depending on what the agent recommends, they may need to put most personal items in storage and professionally stage the house. This adds to listing and marketing expenses, as sellers incur the costs of storing personal property and staging the home for weeks or months. Arrangements must also be made for pets when buyers walk through. Sellers find that keeping a house in constant showing-ready status is very difficult and becomes exhausting after several months on the market. It’s a major stressor to keep a home showing ready at all times and to budget for the extra expenses while the house is on the market. Some families even decide to rent elsewhere, living in a temporary home while waiting for their property to sell. Sellers still are left asking themselves how do I sell my house fast?! Even after all this work, there’s still no guarantee the house will sell in the desired timeframe, or maybe at all!
Dealing with Buyers
Sellers should prepare for buyers who are seeking bargains, and be careful not to be insulted if there is a low offer. Currently, buyers are looking for a good deal on a house and it’s easy as a seller who has invested a lot in a house to take a low offer personally. This can spill over into deal negotiation when the attorneys are discussing terms, the buyers’ inspector gives a less than glowing report and mentions maintenance which was neglected or items that were not up to date, or when the appraiser uses conservative comps rather than only the highest ones. Often sellers are disappointed to find the buyers they have been tied up with in negotiations aren’t even qualified to purchase the property, and sellers are left asking how do I sell my house fast! Then there are buyers who are ‘kicking tires’, or just looking at other properties for ideas on how to sell their own, wasting your precious time. Finding just the right buyer can truly be stressful and aggravating, especially when you are in a time crunch to sell.
Legal Risks – Disclosures
Disclosure, disclosure, disclosure. Lead. Radon. Insurance claims against the property. Material defects. The list goes on. Under most traditional real estate contracts, a seller can be sued by the buyer if they feel they didn’t get all of the information, or if they feel the facts were misconstrued. Most of the time, a seller already knows the condition and history of the property after living there and therefore the seller takes on that risk.
Repairs, upgrades, the hassle of showings and constantly dealing with the antics that arise when dealing with buyers in general and assuming all of the financial and legal risks real estate transactions can bring all can take their toll. If you’ve ever considered selling your house directly, as-is, for cash, give us a call at Kendall Partners. We’ve been buying houses with cash since 2007, and we have a streamlined process which takes the hassle out of selling a house. We know you may need to sell your house quickly, maybe because of a stressful situation like foreclosure, divorce, years of unpaid property taxes, family emergency, or even a job transfer. Our simple, hassle-free homebuying process gives you more control over the sale of your house. We use a simple, one-page contract which clearly states the terms of the sale, and we can buy your house with cash in as little as 14 business days. So give us a call today, at (630) 389-8232 to review the details of your particular real estate situation. You deserve to know your options and how you can sell your house without making repairs, without hiring an agent, without waiting around for the right buyer to make an acceptable offer, and without waiting on inspectors, lenders, and appraisers. Fill out the form below, and we’ll be in touch soon. We can have a cash offer range to you within one business day.