What Is The Asking Price?

The housing market in the United States has been in a constant state of flux over the last several years, and as a result homeowners have a myriad of questions about selling their homes in such an uncertain financial climate. Many homeowners in Austin and around Central Texas wonder if it is worth selling a home that needs extensive repairs or has other significant expenses. The answer is simple for you as the seller, however it is a tougher question for the buyer when it comes to a house that is in need of repairs or refurbishing. Either way, there are a number of factors that should be carefully considered when selling or looking to buy a house that comes with extensive expenses.

What Is The Extent Of The Attached Expenses?

For all intents and purposes there are two primary types of repairs that a house typically needs – structural and cosmetic. If cosmetic repairs are all that is needed, it may be easier to sell the home than if structural work is required. In fact, in most cases the seller elects to do cosmetic repairs before putting the house on the market because they are relatively easy and inexpensive. On the other hand, if there is work that needs to be done on the structural components of the home, it may cause potential buyers to look elsewhere unless the price is well below market and they can land a great deal. Any repairs that can be done or expenses that can be taken care of before putting the house on the market can help convince potential buyers that they will have less to do once they take ownership. This becomes an ideal selling point if the house does indeed need work.

Austin Home Needs Repair

Choose The Right Agent

The right real estate agent can make all the difference in the world when selling a home with expenses attached. Agents should be able to offer input about what kind of work is needed on the home and ways to go about selling it if it does in fact need work. Agents can also offer counsel on the likelihood that a house will sell based on the current market climate and the condition of the home. Choosing an agent that has experience selling homes in need of repair work can make the difference in not only getting the home sold but getting the price for which you are asking.

Do I Need An Agent Or Do I Have Other Options?

Typically in this situation, your agent will target investors like us to purchase your property in this condition. Why pay them a commission when you can easily have a written offer directly from us.  This will put more cash in your pocket and you will be well on your way to selling your Austin house. If you’d like more information about how we can help you sell your home quickly for cash, please contact Tally Two Investment Group by calling 512-763-0883 today.