Do you own an old, run-down house in Memphis that you no longer want to own? Just because the house needs some work, doesn’t mean that you have to feel stuck with it for any longer. You can sell your house in Memphis, and receive a great price for it! Learn how to sell your house with code violations in our latest post!
If your property is in need of major repairs, it can be difficult to know how to sell it. Your pool of potential buyers will inevitably be much smaller so finding the right buyer can take longer than a house that is move-in ready. However, just because your house needs some work that you don’t wish to do, doesn’t mean that you should have to sacrifice on price or feel as if you are giving the house away. Below are some of our best tips for selling your house with code violations in Memphis!
Estimating Repair Costs
If your house needs a lot of work, you’ll want to do some estimates so you know what you’re working with before attempting to sell your property in Memphis. Do you know how much it will cost to make the house livable for your potential buyers? If you don’t know these numbers, it will be impossible to correctly price the house for sale or negotiate when it comes to selling your house with code violations in Memphis. If you can’t do the estimations yourself, hire a contractor to help you determine the true cost of your code violations.
Finding The Right Buyers
Not everyone is in the market for a fixer-upper property, especially when there are major repairs required. Finding the right buyers can take some time, especially when you choose to list your property with a Memphis real estate agent. When trying to sell a house with code violations in Memphis, your best bet will likely be to work with a real estate investor or direct buyer.
Price The House To Sell
If you are trying to sell a house with code violations to a traditional buyer in Memphis, it will need to be priced to sell. If the problems with the property are severe, many lenders won’t finance a loan for the property, so you may need to accept cash offers only. Before you list the property or begin the process of selling it on your own, find out what we can offer you! Our background and experience allow up to economically fix up houses, typically at a lower price than if you were to do it on your own. This ultimately saves everyone money in the long run.
Fix The Smaller Things
Even if your house has major code violations you aren’t able to fix, taking some time to fix the smaller things can have a huge impact on a property’s perceived value. You can fix holes in the wall, chipped paint and cracked tiles to instantly make the house look more presentable.
Have The House Cleaned
It may feel silly having the house cleaned if there are code violations throughout the home. However, doing so will make the property more appealing to your potential buyers. Being surrounded by filth can give the property a horrible first impression. Hire a professional cleaning company to make sure no spot is left unturned. It there is dirt in your home, it may very well be overlooked by those who want to buy.
Emphasize The Good
You will be surprised by what some organization and a fresh coat of paint can do for a property. Of course, you will still need to disclose everything going on with the house, but by putting your best foot forward, you can help people to see the potential in the property. Consider hiring a professional cleaning company, stager, and photographer to help make sure the property is being seen in it’s the best light. You can also offer schematics to help your potential buyer imagine what the property could become with a little work. This will also help your buyer get a better idea of what will be required to make the home what they want it to be.
Why You Should Sell Your House Directly
By keeping your house off of the MLS, you won’t have to deal with property showings, marketing, staging, or the continued upkeep. You won’t have to wait around, not knowing when your house will sell or what you will be offered. You won’t have to pay agent commissions, fees, or closing costs. Our selling process is simple, helping you to sell your house fast without any further aggravation… no matter what condition the property it in! Learn more about what you can do to sell your house with code violations in Memphis, you might be surprised at how simple selling your house can be!
Get in touch with us today to learn more about how to sell your house with code violations in Memphis!