Last updated on March 17, 2019
Do you own a home in Riverside County you need to sell but also needs work you may not have the time or finances to cover? If so, breathe easy. Rest assured there is a solution to your problem. And if you’re in this situation we put together some helpful tips below to help you sell your home in Riverside when it’s not in the best condition.
Owning a Home that Needs Repairs
If you own property that’s needs work and is sitting, you know it’s costing you more money in the long run to keep it vs. selling it. This doesn’t even speak to the stress involved with it in the first place.
Fortunately for property owners like yourself, there are people out there that are willing to buy homes like this, freeing you from your obligations to it.
The strategy we’ll cover below is a bit different so hopefully these tips for selling your home in Riverside will help you get a great price for your property.
How to Get Your House to Sell if it Needs work
1. Do what you can
The first tip is probably the most common, but always the most useful as the condition of your home will always be most important to buyers. So if there is anything in the home you can do from adding new coats of paint, repairing holes in walls, cleaning carpets or updating fixtures, these can really help.
The exterior of the home is also important as it sets the tone for the first impression a buyer has. If your curb appeal is lacking, you're less likely to even get walkthroughs. If the yard looks like it’s been maintained people will generally assume the inside is also and make them more open to it.
If this isn’t a possibility we highly recommend to consider this next tip...
2. Don’t Limit Your Buyers - Put the Home in front of Cash Buyers & Get a Quote
Most real estate investors won’t flinch when it comes to buying a home in need of repairs. Investors will buy the home at a slightly lower than market value price (price is based on condition minus repairs needed) that allows you to sell it much quicker than listing.
If your time and convenience is more important to you than getting top dollar at the cost of the hassle of listing, this could be a great option for you.
Finding these investors is pretty easy. Companies like ours for example often purchase real estate from home owners that's beyond what they want to invest in the home.
In these cases, we purchase the property from the sellers so they can simply be done with the home and walk away with a fair price in hand. If you’d like to see what an all cash offer for your property would look like, click here to get started.
3. Play up the good features of the house
If there is anywhere in your home that has high appeal value make that be known. It could be the location of the home. Custom features that were added in. Focus on framing the home in the mind of potential buyers in the best light as possible by focusing on the positive aspects of the property and the value that could be had after it’s been fixed.
4. Be honest about the home
It’s important that while you want to do everything you can to make your house look appealing, you don’t want to do it at the cost of being dishonest with others. If there are things wrong with it beyond your ability, let people know.While this may be an issue for traditional buyers, this won’t be for investors.
If you plan on going that route keep that in mind.
Otherwise, without disclosing everything you know, you never know what a buyer will do. It would be terrible for you to end up with a lawsuit for not fully disclosing something that could have broken the deal on the sale of the home.
5. Start Making Calls and Collecting Offers
In 2019 there are hundreds of home buying companies that can help you sell a home that’s not in the best condition. Long gone are the days when owning a property meant you had to list it if you wanted to sell it. No longer do you have to deal with the uncertainty of locating a buyer and whether that buyer will fall out of escrow.
By doing a Google search you can find hundreds of Home Buying companies that can assist you in this type of real estate transaction. Our company for example can provide this service to you at no cost and no-obligation to you. Simply give us a call and we’ll make you an all cash offer for you to consider.