Selling A House In Poor Condition
When homeowners start thinking about selling a house in bad shape, they often feel like they have no good choices. The prospect of making myriad improvements to get the home ready to sell is overwhelming. Sometimes, you simply cannot invest the time or money to make it happen.
Wondering how to sell a house in poor condition? The good news is, there are options — even if you don’t have a dime or an hour to spare on upgrades. Selling to a cash buyer such as Swift Homes allows you to complete the sale faster, without having to haggle over repairs.
Selling an Old House
Homeowners are often surprised by buyers’ expectations. Selling a house in poor condition doesn’t necessarily mean that it is falling apart. In many cases, it just needs a handful of major upgrades, such as the kitchen, bathroom or roof. Homes meticulously kept but hardly updated in 40 years can fall into this category. In other situations, the home sustained serious damage — from wind, heavy rains or fire, for example — and won’t be livable until significant repairs are made.
Sometimes, homeowners try to sell the residence and hope they can find a buyer who is interested in the house without repairs. This can be a complicated and stressful process, as most buyers looking for a home don’t want to take responsibility for all the upgrades. Spending months with a house on the market is a nightmare. Fortunately, there are solutions that can avoid the hassle.
How to Sell an Old House That Needs Work
One way to cut through the stress of a traditional home sale is to sell your house for cash — AS-IS. This process is so different that you might be surprised by the ease and speed. When selling a home to a typical buyer, you probably need to hire an agent to market it for you. Once you get an offer, you might still have to wait for the buyer to get a mortgage or sell his or her existing home. In some cases, sellers have to go through that process several times before they close. There’s a better alternative.
By comparison, selling a house for cash works much faster. You start by providing basic information about your property — e.g., the location, square footage, and number of bedrooms and bathrooms. This helps a cash buyer determine if the property is a good investment. If it meets those requirements, the buyer usually arranges for a home inspection to get a sense for what needs repair. This allows the buyer to determine what the house is worth and make a cash offer. If you agree, you can accept the cash offer and set a closing date. It might take as little as 10 days.
Our Simple Selling Process Gets You Cash Fast
Although there are many people who pay cash for homes, there are several benefits for starting with an expert such as Swift Homes. For example, you can sometimes find cash buyers through the traditional sales routes, but there’s no guarantee that they will buy a house AS-IS.
With our 20 years of experience buying homes, we can usually tell a good purchase much faster than most buyers. Even other companies that buy homes AS-IS can set high standards for location or the property’s overall condition. Since it’s our cash that we use to buy your home, we are not waiting on a buyer to show interest.
With Swift Homes, you can count on our simple process to quickly determine if we can make an offer and remove the stress of handling your home sale. If you think you would have an uphill battle finding another buyer, or you would be buried in work before you could list your home, it’s good to know there is an easier solution to try.
When you’re ready to learn how to sell an old house fast, get your cash offer today.
