How to Sell a House that Needs Repairs in Georgia
Are you ready to sell a house that needs repairs in Georgia, but it’s not quite ready for prime time? If you compare your house to homes currently listed on the MLS, it may feel like you have no options. If the house is an eyesore, and you have a list of needed repairs a mile long, you may be wondering, “how on earth can I afford all of this?”
So How Do You Sell a House that Needs Repairs in Georgia?
Houses that need significant rehabilitation can easily cost tens of thousands of dollars (or more) in repair work to get the house sale-ready. For reference, here some of the average prices for some of the most commonly needed home repairs today (as of the time of this post):
- New Roof: $10,000 – $15,000
- New Foundation: $30,000
- Updated Kitchen: $15,000 – $20,000
- Updated Bath: $10,000 – $15,000
- Exterior Paint: $10,000
- Interior Paint: $5,000
- New HVAC System: $10,000
- Refinishing Floors: $7,500
If those numbers make you feel intimidated, you’re not alone. In fact, you may think it’s going to be impossible to sell a home that’s in disrepair. But it’s not.
Even if you don’t have the time or money it would take to update your home, you still have options. The bottom line is this: Even if you can’t afford to fix up your house, you can still sell it.
Selling a house in poor condition or selling a house as-is all comes down to finding the right buyer. The process of selling as-is for cash can be summed up in these four easy steps:
1) Find a Reputable Buyer
Before you commit to selling your home for cash, make sure the company you want to work with is legitimate. You will also want to ensure they have the ability to buy your house.
2) Get a Quote
Once you have found a reputable home buyer, you will receive a quote. Depending on the company, this may be done over the phone, over email, or in-person. However you receive your quote, the company will connect you with one of their representatives who will evaluate the house. The company representative will arrange a time to view home and determine what the selling price should be.
When you sell a house as-is, you can’t expect to get the “full market” value for it, plain and simple. However, make sure you feel like the price is fair before moving forward. (Suggested Reading: Zillow ‘Zestimate’ Not As Accurate As You Think)
3) Sign the Agreement
Once you have looked over the company’s written offer and feel good about the price and conditions, you can move forward with signing an Agreement. If possible have an experienced professional review the agreement with you to ensure that the terms are crystal clear and you’re being treated fairly.
4) Close the Deal
After signing the agreement, you’re ready to close. The company will set a date with you to finalize the sale, and you’ll walk away with cash in hand for a house you were worried you wouldn’t be able to sell.
Congratulations! You have now reached the end of the road with this house and you can move on with life.
Let 855JENNYBUYS Help YOU Sell That House
If your house is in need of significant repairs, and you don’t have the time or the money to complete them before you sell, call 855JENNYBUYS. You may be surprised to see what your house is worth in as-is condition.
At 855JENNYBUYS we buy homes in a variety of conditions. Call us today to get your quote, and stop worrying about a house you can’t afford to fix up. Take this first step toward alleviating yourself of that burden and opening the page on a new chapter of your life.
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