So you’ve made the decision: You’re ready to sell your house in Jacksonville and move on to the next phase of your life. Now comes the part where you consider how you’ll proceed with the sale. From normal wear and tear to more substantial issues, when a house is truly lived in, it’s bound to need some repairs and upgrades.
If you choose to go through traditional real estate channels, prepare for a process that may drag out for a while. You’ll be looking at costs and fees for things such as inspections and commissions, and that’s on top of the costs of making necessary repairs.
If you’re not willing or able to make the repairs yourself before putting the house on the market, you always have the option of selling it “as is.” Be aware, however, of all the baggage that can come along with that distinction.
A Real Fixer-Upper
This is not to say that buyers won’t be interested in a house that needs work. Many people—especially first-time homebuyers—are looking for entry-level properties and are willing to roll up their sleeves and do some work to get one. They will expect, however, to score a great deal on the price if they’re required to handle repairs themselves.
Additionally, even those buyers willing to purchase a fixer home will shy away from those needing major repairs. A little cosmetic work here and there or upgrading an outdated bathroom is one thing; remediating severe water damage or addressing structural issues such as foundation repair is something else entirely.
Buyers may also run into issues qualifying for financing on homes that need significant work, so there is always the chance they won’t have the funds to make the purchase. With these stumbling blocks in place, selling your Jacksonville house fast for cash might be a better option for you.
Selling for cash allows you to bypass the red tape of the traditional real estate process. It eliminates the need for costly repairs on your end and guarantees that you’ll have the money in your pocket quickly and be on your way to your next adventure. But it’s important to do some research before making the leap.
Bypassing working with an agent and doing a sale-by-owner might seem appealing, but there are definite pitfalls. You don’t want to be taken advantage of by a company that’s looking to pay you peanuts and flip your house for a profit. Always research any direct buying company to ensure that they are reputable and well-reviewed.
Beyond that, make sure to know the true value of your home before setting a price or considering any offers. It’s worth it to have a professional appraisal done, as well as research the sale prices of similar properties in your area that have sold recently. Just because you want to sell your house quickly for cash doesn’t mean you want to settle for anything less than the best you can get, right?
The Buy Guys are a trusted local source for direct buying, regardless of your home’s condition. We buy homes in Jacksonville and the surrounding areas. If you’re ready to sell your house for cash now, call our team today, and we’ll get you a cash offer over the phone in minutes.