Too Many Repairs? How to Sell a North Metro Atlanta House Fast

Stop stressing about making too many costly and time constraining repairs on your house. You can sell your house as-is for cash in North Metro Atlanta, GA!

The benefits of selling your fixer-upper to a cash buyer

Selling your home can be a headache-inducing ordeal. Advertisements, Realtor fees, and home inspections are both time-consuming and costly. Not to mention the pre-qualification of potential buyers and then only to find out the contract falls apart at the last minute. If you’re attempting to sell a house that needs a lot of work, getting your home in showroom condition might not be worth it financially and could take you months.

In preparation of selling your property, you must be able to answer this question: will I receive more money once I fix the house up or sell it as-is? If finances are lacking and major repairs are necessary, the question becomes how do you sell a house when you cannot afford to fix it?

Renovations and Frankenhouses with Too Many Repairs

Making your home attractive to potential homebuyers is necessary for a top-dollar sale. Cosmetic issues like wall color, replacing appliances, and chipped floors are cheap and might not hinder a sale. Yet, structural defects, whole house current trend updates are expensive repairs that still must be made. These are such things as bathroom updates, new kitchen updates, granite, hard wood floors, new energy efficient windows, new roof, new HVAC and the list can, and often times goes on. We can help.

Sometimes, the most major repairs are only identified after a thorough home inspection. And then, if you sell the traditional way, you are stuck haggling with a potential buyer on lowering your price to make the deal work and then still paying the agent thousands of dollars in commissions. Not us, our offer takes all this into account on the front end. No surprises. Clean, fast and efficient.

"Every house has defects," Jack M. Guttentag, Professor of Finance at the University of Pennsylvania states. "Some obvious and some hidden."

When attempting to sell a house fast with repairs, you need to consider these hard-to-find repairs and what it might mean to a buyer. Most buyers aren’t willing to pay the desired asking price on the assumption that everything they can’t see is in peak condition.

In many cases, it’s easier to sell a house fast with repairs. But how do you make structural repairs without bleeding your wallet dry? Some sellers utilize contractors. Many contractors are equipped to handle minor damage and short renovations. Too many, though, have transformed beautiful homes into ugly Frankenhouses.

CNN Money’s staff writer Les Christie says Frankenhouses are homes that feature renovated eyesores. Some of these are "pipes running through living rooms and bedrooms strung together like garlic cloves".

They offer the buyer dysfunctional floor plans and finishes. They also offer awful color schemes and downright thoughtless room repurposing. They’re unappealing to the average homebuyer and, thus, stay on the market for longer periods of time and ultimately drive your price lower.

Using contractors to help sell a house that needs a lot of work comes with a steeper price tag. It also comes with a longer transition period between listing and closing. Best case scenario: your contractor does exceptional work within a guaranteed allotted timeframe.

Do you want to fix those major structural defects like replacing your roof, deck, or septic system? It'l mean shelling out thousands of dollars before even listing your home.

Renovating your home with contractors before selling can also deter potential buyers. When confronting cosmetic and particular major repairs, homeowners are faced with home-altering decisions.

A variety of these improvements are highly stylized and require the right individual tastes. These can differ among neighborhoods, regions, and time periods dependent on what’s in-style. A feature that you love could be the deal-breaker for a buyer.

Selling with a Realtor As-Is

So how do you sell your fixer-upper? Making repairs is necessary, but the thought of hiring contractors and owning a Frankenhouse is unsavory. Many homeowners decide acquiring a Realtor and selling their house without making repairs is the only option. When in fact there are many realtors that wont even list your home because it needs too much work. That is why we say "Don't List Your House....Sell YOUR House!!"

Going the traditional route and using a Realtor to sell a house fast with too many repairs is tough enough; but selling a house that needs repairs, especially major ones, is seemingly impossible for even experienced real estate agents. As the 2016 housing market steadily grows, as projected by Jonathan Smoke, Chief Economist for Realtor.com, buyers have become more selective with a plethora of homes for sale.

Mr. Smoke predicts that six million homes will be sold this year alone, the highest amount of homes sold in a decade. With that kind of supply, sellers must expect more time on the market and fiercer competition. It becomes more of a buyers market - and they get picky.

When selling a house that needs repairs, Realtors often suggest lowering your asking price to shorten your home’s time on market. In theory, this is great. The more time a house spends on the market, the more time a homeowner spends paying the home’s utilities, taxes, and insurance. Why wait all the extra time on the market when we will offer a fair offer right out of the gate?

However, your Realtor is more concerned with selling and receiving payment than selling your home at top price to the right buyer. Sometimes, using a Realtor means giving up your home’s best chance to sell.

Using a Realtor also comes with unexpected fees, commissions, and unwanted advice on how to manage your property. Yahoo! Finance’s Mandi Woodruff estimates that even after paying the buyer’s commission - generally 3% - For Sale By Owners (FSBOs) cut selling costs in half, even using services like Duffy Realty, by avoiding their own broker’s commission. With a median household cost, cutting out a Realtor saves thousands!

A Stress-Free Solution

If you’re looking to sell a house fast with repairs by using contractors, expect heavy fees, paperwork, and other hassles. Want to hire a Realtor and sell without making repairs? Expect even heavier fees, a longer time on market and other complications due to third-party involvement.

But if you desire a simple, stress-free solution to selling your house with too many repairs, consider a cash buyer.

Considering a cash buyer might seem unorthodox, but it’s quite common in today’s market. 2012’s Investment Issue of Forbes Magazine says about 30 percent of homebuyers used 100 percent cash when purchasing. Some estimate that percentage even higher today.

Accepting a cash offer eliminates many struggles sellers face when trying to sell a house fast with too many repairs. Cash buyers offer a much quicker close. This is due to their ability to skip the mortgage process completely. By avoiding banks, selling to a cash buyer means closing and receiving payment within a week – as opposed to the typical 30 days. This speed of sell means more money in your pocket sooner.

Cash buyers also provide more stability for sellers. They are usually pre-approved before making an offer on your home. So when a cash buyer is interested, there’s a sureness of sell that cannot be matched elsewhere.

Arguably the best advantage to accepting a cash buyer is their desire to buy your home as-is. Homeowners needn’t worry about fixing major repairs, updating outdated finishes, or appealing to the average buyer. A cash buyer wants your home just the way it is, and is willing to pay fair market value for it.

So how do you sell a house fast when there are too many repairs? Avoid costly renovations and contractors, skip the Realtor and their associated fees, and seek out cash home buyers. They offer you more security and money without settling for less.

Get a Cash Offer Within 24 Hours

Lucky for you, we buy houses in North Metro Atlanta. We work fast to get you a no-obligation cash offer for you house within 24 hours. We buy houses in Lawrenceville, Gwinnett County, Suwanee, Buford, Sugar Hill, Flowery Branch, Gainesville, Oakwood, Hoschton, Braselton, Jefferson, Winder, Grayson and other Hall County and Jefferson County towns.

Our customers comment all the time about our soft approach. You won't get a hard sell with us. If you are not completely satisfied with the offer we make to buy your house, you don't have to accept it. No charge. No fees.

We'd love to talk to you today about the house and your situation. We're here to help even if you decide not to sell your house.

Give us a call at 678-478-2230 or fill out the form below to get started. We look forward to speaking with you.

sell a North Metro Atlanta house fast even if it needs too many repairs

Sell a house fast even if it needs repairs

  • Average Kitchen Remodel $15,000
  • Average Master Bath Remodel $9,200
  • Whole house Interior flooring and painting rehab $12,000

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