If you own a house that is in complete disarray or in need of repair, don’t fret. There are ways you can sell your house without having to pay for all or make any of the required repairs. If you need to sell a damaged house in the Reno area, this article will help you save time and money on the sale of your home.
First things first, in order to sell a damaged house in the Reno area, you’ll need to be able to get in front of prospective buyers. The vast majority of buyers right now are looking for a house they can move in to right away or rent out for investment. The idea of taking on a new property, especially that comes with damages or in need of major repair, can seem very stressful and off-putting to a lot of those buyers. Your best bet will likely be finding the right kind of investors who don’t mind taking on damaged property. At Envy Property Solutions, LLC, this is our bread and butter, we enjoy fixing up properties and are happy to help if you need to sell a damaged house in the Reno area.
Your Selling Options
You Could Make The Needed Repairs
This one is quite obviously, if your house is damaged, you can fix it. Say you want to sell the home, you will want to fix the damages to have a chance at a competitive price with others on the market. However, many people don’t want to spend a bunch of money on a property they are selling without any guarantee of a return.
Maybe List As-Is?
Instead of spending money on repairs, you can simply choose to list your house as-is. Even though you may be offering it at a price you might think is fair, if your average buyer sees pictures making the house look bad, or sees that there are a number of repairs required in your property description, you might have some trouble getting enough attention to the property in order to sell it. And no we are not advocating that you try to hide what is wrong with the home, it’s always best to disclose things even if it turns off the potential buyer.
Or Just Sell Directly
Typically the fastest and easiest way to sell a damaged property is to get it in front of an investor or a direct buyer. We’re not the only home buying company in the Reno area, but if you choose to sell to Envy Property Solutions, LLC, we may not be the highest offer in town, but we can guarantee that we will close on it. And of course, we will buy as-is, potentially saving you thousands of dollars in repairs. Plus, we are able to close very quickly or on your time frame so you can easily sell your damaged home in the Reno area, and move on with your life!
So Ask Yourself These Questions…
“How Much Do You Want To Spend Upfront?”
If you have the cash upfront, this would be the best option. You may consider fixing up the house yourself or hiring a contractor and putting it on the market with an agent. This can require a good amount of time, and will not come with any guarantees. If you spend a fortune fixing a damaged property in Reno, there is no guarantee you will get it back.
And “Who Is Your Ideal Buyer?”
Is it realistic to fix up the property and put it on the market? Do you honestly believe that you will be able to find buyers for your damaged property, willing to pay what you need? If so, and if you have the time to wait and find out, consider listing your Reno area house. If you need an agent to help you do this, we know many of them that can help you. Or is the damage so severe that your ideal buyer would actually be an investor, with the means to fix up the property? Many investors, such as the team at Envy Property Solutions, LLC, thrive on fixing up old homes, and helping owners escape their damaged Reno area properties!
Owning damaged property can be stressful. The repairs can be expensive and you can be held liable for any injuries that occur. If you are not able to make the needed repairs, it might be time to sell your damaged house. You don’t have to hire an agent. Learn more about selling your house as-is, so can be rid of your troublesome property once and for all!