Do you own a run-down, damaged, or unlivable house that you want to sell really fast? Here you can learn about how to sell your house with code violations in West Palm Beach!
If you own or have inherited a run-down or damaged property in West Palm Beach, you may feel stuck or obligated to a property that really isn’t doing anything for you. Or is actually stressing you out quite a bit. Maybe you think nobody would want to buy the property or that one day you will finally get all the repairs done to make the house desirable. However, there comes a point in time when you have to decide if the money you are putting into the house with code violations is even worth it. Adding up all the repairs, taxes, vacancy costs, and other routine maintenance, owning an unoccupied home can be very expensive. If this sounds like your situation, it’s important to consider a different option for the property. Maybe we can even help.
Finding Just The Right Buyer
Selling the house will free you from the property and the stress that comes along with it. But not every buyer is up for the challenge of repairing your house with code violations in West Palm Beach. You have to find the right buyer who will pay you a fair price and who is up for the challenging work involved. This often means working with an investor who will see the potential in the property and have the ability to fix it up at a more economical price than your average buyer would be able to. By selling in this manner, you will be able to sell quickly, without sinking any more money into the property than you have to.
Set Your Expectations Clearly
When selling a damaged or distressed property you have to realize that it is not going to demand the same prices as the houses you see for sale on the MLS. There is work that needs to be done, and someone has to pay the bill. Once again, by working with an experienced professional buyer, you will be able to sell to someone who is able to fix it up at a more economical price, giving you the potential to receive a higher offer. Keep in mind that when you work with a direct buyer, you won’t be spending money on commissions either. Commissions can run about 6% of the sale price when working with a West Palm Beach real estate agent. Without commissions or agents fees, you will be able to keep thousands of dollars in your pocket.
Disclose Everything Clearly
Not doing so can get you in some hot water down the road if something should go wrong. Did you know that there were hidden issues? You need to be upfront about all you know in regards to the property, even if the damages cannot be seen. If you fail to disclose something that becomes a problem in the future, you could find yourself paying for even more repairs or having to deal with lawsuits or court battles. It is never ok to hide damages or problems with a property, either ethically or legally. If necessary, create a checklist so you can easily identify different problems with the property, ensuring you have reviewed the house from top to bottom.
Make It Look Really Nice
Even if there is a portion of the house that needs major repairs that you aren’t prepared to deal with, you can still make the rest of the house look as appealing as possible. Highlight the positive features of the property and use items to stage the house if necessary. The goal is to show people what the house truly can be once the repairs are made. Show them that there is more to property than just the needed repairs. You can also spend some time on the yard. Great curb appeal will have an effect on your potential buyer’s first impression, thus making them more likely to make an offer despite the needed repairs.
Do Not Sell Yourself Short
Just because the house is older, or ugly, or even run-down and distressed, doesn’t mean you have to give it away. The right buyer will see the beauty and potential of your house. They will be able to fix it up at an affordable price, creating a winning situation for all parties involved. If you want to sell your house with code violations in West Palm Beach, take a look at all of the options available to you. You might be surprised at how many people are looking for a property just like yours!
Selling your house with code violations in West Palm Beach may seem impossible, but it can, in fact, be done. Knowing how to market the property, who to market it to, and what to expect will make the transaction a quick and easy one. Clearly Home Buyers specializes in helping West Palm Beach homeowners sell their properties with code violations or many other problems. If you own a house in need of major repairs, we would love to talk to you!