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How To Sell a Fixer-Upper House

If you work on your home's curb appeal, you might attract potential real estate investors
  • By My Tennessee Home Solution
  • 15 Aug, 2023

If you’re a homeowner wondering how to sell a fixer-upper house fast – that is, a property that needs some TLC – you’re in the right place. Selling a fixer-upper house can seem overwhelming, but with the right guidance and expertise, you can turn it into a rewarding venture.

If you’re looking for an easy solution to sell your house fast and without stress, look no further. Take the first step towards a hassle-free sale by contacting My Tennessee Home Solution today. Let us handle the complexities while you focus on what matters most to you. Together, we’ll transform your fixer-upper property into an opportunity for a fresh start.

Issues with Living in a Fixer-Upper House

Fixer-upper houses generally demand more extensive and frequent maintenance than well-maintained homes.

Living in a fixer-upper house can present a myriad of challenges and issues that homeowners must contend with on a daily basis. While these properties may have the potential for transformation and increased value, the journey towards achieving a dream home can be riddled with difficulties and inconveniences. Here are some of the primary issues faced by those residing in fixer-upper houses:

Lack of Comfort and Functionality

Fixer-upper houses often lack the basic comforts and functionality that modern homes offer. Outdated or faulty plumbing, electrical systems, and heating/cooling can lead to discomfort and inconvenience for residents. Living with these issues can take a toll on one’s peace of mind and overall well-being.

Ongoing Projects and Disruptions

Owning a fixer-upper means never really escaping the construction zone. Home improvement projects are seldom completed overnight, leaving homeowners in a constant state of renovation. The noise, dust, and disruptions from ongoing projects can make it challenging to find tranquility and relaxation within the home.

Safety Concerns

Many fixer-upper houses have hidden safety hazards that may not be immediately apparent. Structural issues, faulty wiring, or deteriorating materials can pose serious risks to the occupants’ safety. Addressing these concerns may require significant time and investment.

Higher Maintenance Costs

Fixer-upper houses generally demand more extensive and frequent maintenance than well-maintained homes. Homeowners may find themselves continuously investing in repairs, which can strain their financial resources.

Resale Value Concerns

The challenges of how to sell a fixer-upper house can be daunting. The property’s condition may limit the pool of potential buyers, and many buyers may be hesitant to take on extensive renovation projects. As a result, homeowners may struggle to achieve a favorable resale value.

Time-Consuming Renovations

DIY renovation projects can be time-consuming, especially for homeowners who lack experience or the necessary skills. Hiring contractors can expedite the process, but it also adds to the overall cost of the project.

Potential Budget Overruns

Fixer-upper renovations often come with unexpected surprises that can lead to budget overruns. Dealing with unforeseen issues can be financially taxing and may prolong the completion of the renovations.

Can I Repair My Fixer Upper House?

While repairing a fixer upper house is possible, it’s important to acknowledge that it can be an expensive, time-consuming, and skill-intensive process. Many homeowners find themselves ill-equipped to handle such extensive renovations.

Can I Sell My Fixer-Upper House?

Selling a fixer-upper house on the market is possible, although mind you, it presents its own set of challenges. Traditional real estate agents may be expensive, and preparing the home for market sale can require significant investment and time. Furthermore, fewer buyers may be attracted to a property in need of extensive repairs, making it a longer and more uncertain selling process.

Choosing to sell with an experienced real estate agent may help with a successful sale, but you will still have to do any major repairs.

When selling your fixer-upper, you have several options, each with its advantages and disadvantages. One option is to sell directly to a cash home buying company like My Tennessee Home Solution. This option offers a hassle-free and quick sale, without the need for major repairs or renovations. However, the sale price might be slightly lower than the market value due to the convenience offered.

It’s an option to choose to sell with a real estate agent, but you would still have to do major repairs yourself or risk selling for a much lower price than would be ideal. There would also be fewer interested prospective buyers if there is still damage to the house and this could prolong the selling process.

A third option is selling your fixer-upper yourself (FSBO). This approach gives you more control over the process and allows you to save on agent commissions. However, it requires a significant time investment, marketing skills, and negotiation expertise as well as fixing up any major repairs yourself.

How to Sell a Fixer Upper House to a Cash Buyer

As specialists in purchasing properties in need of repairs, cash buyers generally understand the unique challenges you may face when selling such a home. A good cash buyer’s goal is to simplify the process for you, allowing you to avoid the traditional listing and lengthy waiting period associated with selling through conventional means.

If you’re wondering how to sell a house with foundation issues effortlessly and stress-free, selling to a cash home buyer like My Tennessee Home Solution is an excellent option. Here’s a step-by-step guide to how the process works:

1) Get in Touch

Start by reaching out to our professionals to initiate the process. During this initial contact, we’ll discuss your goals and the current condition of your property, including any foundation issues. Together, we’ll create a plan to move forward.

2) Site Visit

Our team will schedule a convenient time to visit your property for a thorough assessment. This on-site visit allows us to understand the true potential of your home, taking into consideration the condition of your property and other relevant factors.

3) Get a Fair Offer in Writing

After conducting the site visit and evaluation, we’ll provide you with a fair cash offer for your house, considering its as-is condition, including any ongoing projects.

4) Pick the Closing Date and Get Cash in Hand

If you accept our offer, you’ll have the freedom to choose a closing date that aligns with your schedule. On the agreed-upon day, we’ll close the deal, and My Tennessee Home Solution will provide you with the cash, ensuring a successful and seamless transaction for our valued clients.

Conclusion

Skip the hassle of having to attract buyers, and work with a cash buyer to get a fair price.

If you’re looking for a quick and hassle-free sale, consider selling your fixer-upper to My Tennessee Home Solution. We purchase houses for cash, as-is, and we’re committed to providing fair offers and a smooth selling process.

By choosing My Tennessee Home Solution as your cash buyer, you can sell your fixer-upper house with foundation issues effortlessly and without unnecessary stress. Our dedicated team is here to guide you through the entire process, making sure you get a fair deal and a hassle-free experience. Contact us today to explore the possibilities and take the first step toward a stress-free sale!