Selling your home through the traditional route comes with many issues. Not only can it lead to stress, but much of the time the cost of repairs don’t pan out and cause a net financial loss. Also, if you are living in the home while trying to sell it, buyers may be wary of how long the move-out process may take. Finally, instead of putting your house on the market, you may want to look into other options like a short-sale to an investment firm that will yield an immediate cash offer.
Key Takeaways:
- The traditional way of selling your home can be complex and aggravating since sellers tend to make false assumptions.
- Living in your home while trying to sell it can be difficult since potential buyers may think the process will take longer.
- Instead of putting your house on the market, you may want to look at directly selling to an investor to get a quick, hassle-free cash offer.
“Most sellers only earn back 60% to 70% of what they spend on home repairs or renovations. Repairing your home just to sell it could mean losing a great deal of money. It’s unlikely the market will bear any attempt to tack repairs onto the asking price of your home. Remember, those prices are impacted by your neighborhood, the current market, and your home’s sale price history.”
Read more: https://www.iwillbuyhouse.com/blog/5-common-challenges-when-selling-your-home-the-traditional-way/