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How do I sell my house in Denver without repairs made?

Posted on: May 22nd, 2017 by ,

sell my house in denver

You’re probably stuck thinking “How am I going to sell my house in Denver without repairs on it?”

“How do I sell my house in Denver” is something that pops in the mind of a home seller every day of the week. Not only that but it happens for many different reasons. “Sell my house in Denver without repairs” is just one of the situations and the hardships of selling can be overwhelming. Sellers with pristine homes spend money and time to attract the ideal buyer; sellers needing to sell their home without making repairs need to spend more to compete. For homeowners looking to sell fast, selling your home without making repairs might be the best option.

Before answering “How do I sell my house in Denver without repairs”, homeowners must weigh their options to determine the most economical solution. Smart sellers will compare the cost of needed improvements to the home’s market value after making the necessary repairs.

“I want to sell my house in Denver without repairs” may not provide a reasonable return on investment, homeowners may decide to sell as-is. Homeowners can effectively resell their fixer-uppers on Denver’s hot seller’s market at a reasonable asking price and skip making major repairs altogether.

Pitfalls of Making Repairs

Serious buyers will create a list of all defects after an initial inspection; if the seller is unwilling to fix them before closing, buyers will demand compensation by siphoning potential profit from the home’s asking price. For sellers with homes needing major repairs, this requirement can be costly and a much-needed home sale will fall through.

Homeowners can often be blindsided by structural home repairs after a buyer’s inspection, causing the seller to fix these unexpected repairs with financial forewarning. While most real estate sales contracts include these clauses, sellers can avoid this unnecessary hassle by selling as-is.

Another common disadvantage of repairing a fixer-upper before selling is the inspection and appraisal process. It’s common for these tools that assess one’s property to favor the buyer. While inspections are necessary to determine the condition of a home, many inspectors hired by buyers will list all infractions a home may have, including questionable, minor repairs.

In addition, any repairs newly discovered during a home’s appraisal must be addressed before closing.

Selling As-Is Without Repairs Made

There are a few key suggestions to consider before signing a closing contract when selling a home without making repairs. When listing your home as-is, be upfront about the home’s condition. Buyers seeking fixer-uppers will be drawn to the home’s potential for remodel while bargain hunters will gobble up the possibility to resell for profit.

This tactic will ensure you receive serious buyers interested in your property and root out buyers who expect an updated and recently remodeled home.

It’s also important to be mindful of the listing price. While neighborhood comps can give the homeowner a general ballpark about the overall value of the home, sellers must consider the cost of repairs when pricing initially. Prices of fixer-uppers should reflect the amount of time and money buyers may need to spend.

Remember, selling a house as-is does not relieve the homeowner from disclosing material facts or other known issues with the property. If a buyer proposes a serious offer, sellers are legally obligated to disclose any and all pertinent information about the home, including necessary repairs.

Cash House Buyers

When selling a house without making repairs, homeowners will most likely hear from two types of buyers: those interested in purchasing the property for themselves and those interested in making a profit at resell. While the former want to mold a worn property into their perfect dream home, the latter sees a fixer-upper as an investment.

Cash house buyers are legitimate people invested in making fair offers at market value to assist homeowners with the selling process. For owners wishing to sell their house without repairs made, companies that buy houses are sometimes the only viable option.

Before outright dismissing the we buy houses companies, homeowners must consider the difficulty involved in selling a home as-is. Homes without repairs can stay on the housing market or months without a single inquiry. Without lowering the home’s price further, sellers must be willing to consider offers from buyers with the financial means to close quickly.

This is a perfect option for home sellers thinking, “I want to sell my house in Denver without paying commissions, without repairs made and without any issues.”

Are you thinking, “I want to sell my house in Denver without repairs made”?

At Adam Buys Houses Company, we will work with you to make selling your house as simple and stress free as possible! All you have to do is call us at 303-997-2045! We can have your house closed on in as soon as 48 hours, and will get cash in your pocket. We look forward to helping you!

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