Before selling your home on the market, there are things you’ll be required to do. Among the costliest is household repairs. Some homes simply need more work than they’re worth to make them inhabitable again. If you inherited or purchased a property that needs lots of TLC you could now be having second thoughts about the purchase, as the cost to repair the home in preparation for sale is significantly more than first anticipated.
If you decide to try and sell the house as is through traditional means, it could sit empty for months and even years without a single offer. Paying mortgage payments, property tax, and standard upkeep on the property while you live somewhere else can quickly mount up. Even for the most affluent family, it can be a nuisance to pay for a home that no one resides in.
Here are some of the reasons why the experts recommend making repairs before selling your home:
- An inspector is going to point out problem areas to a potential buyer. Fixing the issues becomes inevitable. If you want to sell your home, you’ll have to do so to please the buyers. That, or you’ll be forced to reduce your asking price drastically.
- Many repairs are minor. They add value to the home and are worth completing. For example, ripped screens, cracked plaster, and ceiling stains are among the easier repairs to complete. More costly repairs include replacing a roof, fixing the foundation or repairing sidewalks and driveways. The amount of time that minor repairs take to complete is minimal, making it something to consider before listing your home.
- People will perceive the value of the property to be higher because it doesn’t need a lot of work. Some buyers want their new home to be ‘move-in-ready’. They don’t want to waste a lot of time repairing or renovating. They want to basically bring in their boxes of belongings, unpack them, and get to work putting their things away. If they see that the home has been recently painted or worked on, they’ll be more likely to be interested in buying it.
- The real estate agent that you hire will enjoy showing your impeccable home. You’ll see the realtor work around the clock to get the house sold. They’ll bring in more potential buyers because it’s one of the nicest properties they have to sell. More foot traffic could lead to the home selling faster which means less stress for you.
If you don’t want to be bothered with repairs, realtors, and second payments, you can opt to do what many Floridians do. They sell their homes for fast cash and can close on their home within 7 days. If you don’t have the time or energy to put into repairing your property, it could be the best option for you.
Fast Sale Florida buys homes in any condition. You don’t have to make a single repair to receive a cash offer from us. After a free house inspection, we’ll discuss with you what we think the property is worth. If you agree with our offer, accept it and receive payment right away. Speak to our team today 941-209-5530!