Selling your home is a big decision. It is a big transaction involving lots of money. Once you have decided to sell your home, the next important task is to prepare it well for potential buyers. Homes do not sell on the sentiments of buyers but based on what buyers are looking for in the market. If you are facing a financial crunch, it can prove difficult to compete with other sellers in your area. You need to undertake repairs to make your home attractive and desirable for any potential buyer.

 

Repair expenses are the hidden costs of selling through a realtor

No realtor worth his weight in salt will agree to sell your home until you agree to carry out home improvement recommended by him. This is the real cost of listing with an agent where you need money upfront to prepare your home for potential buyers. Of course, you can recover most of the money you spend on renovations by enhancing the value of your house. But you still need the money to carry out these home improvement projects. There are thousands of homeowners who are tempted to sell their homes but resist this temptation knowing they do not have the money for the exercise.

 

It can be very difficult to try and sell your house in as-is condition

What do you do then? Do you put your house on the market and try to sell it as FSBO in a as is condition? Well, it is not as easy as it seems. Homes in poor condition fail to catch the attention of the buyers. You will also come across buyers who will try to take advantage of your financial situation with a low-baller. If you are not ready to sell your house cheaply, it may spend months on the market without selling.

 

Thankfully, there is an easy way out of this situation. Rather than going through the hassle of selling your house through the traditional route, you can sell your house to a cash home buyer. These investors ask no questions about the condition of your house and they readily buy it in a as-is condition. This means you can save your money otherwise spent on repairs and close the deal easily and quickly.

 

Good thing about selling your house to a cash rich investor is that there is no realtor involved in the deal. You save on the commission of the realtor and get a decent offer that is close to your asking price.