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Selling your home is a hard enough process, but when your property is also in need of household repairs, the task can seem almost impossible. A million questions can run through your head. How much will it cost to repair my home? How long will it take? The biggest question to ask, however, is: how can I still make a profit?

Interior of a house.

Three main routes you can take

When trying to sell your unmaintained home, there are three main routes most people take. First, you can choose to make the repairs before selling your home. Second, you can try to sell on the market without fixing the property. And third, you can sell “as is” directly to a cash house buyer. We’ll go over these options in a moment, but first, take a look at two initial steps you should take.

Make a list of all household repairs needed

Before making any decisions, scour your home and make a list of all repairs needed. You can view a common list of household repairs here. By taking note of everything wrong with your home, you can then assess the overall damage. This helps you produce a general cost and repair timeline.

Decide whether you can still make a profit

Based on the list of repairs you made, do you think you can still gain profit if you fix them before selling your house? If you have a real estate agent, ask them for their honest professional opinion. Look at other property asking prices in your area and assess whether the costs of your repairs outweighs the average selling figures.

If you can still make a profit, hiring a contractor to make household repairs is a doable option. Otherwise, you should try your hand at selling “as is”.

Three men doing construction on a house.

First route: hire a contractor

When fixing up one’s property, many homeowners hire a contractor or handyman. These workers specialize in household repair. You can search for contractors or handymen in your area on the Homeadvisor website.

While making repairs seems like the obvious choice, there are a few inherent setbacks. Firstly, you have to dish out money. If your goal in selling your home is to make the highest profit, this can be a financial drain. Another setback is that the work put on your property can take anywhere from weeks to years. Hiring a contractor to make household repairs is the most costly and time-consuming option you can take.

Second route: sell “as is” with a realtor

The second common option homeowners take is selling through realtors without repairing one’s home. Beforehand, a few considerations need to be made. You should consult with your agent whether it’s viable to sell “as is”. They are usually knowledgeable about the neighborhood and can make honest opinions on whether your “as is” home can snag bids. In addition, you should visit other open houses in the area to get a grasp on average selling prices.

If you’re selling your property “as is”, your agent will likely request you lower its asking price. Frankly, when a home requires household repairs, it can be harder to sell. Buyers aren’t particularly keen on purchasing homes with problems, so you may have to wait a bit longer for bids. That said, lowering your asking price may shorten the time your property stays on the market. This, however, can leave you with a smaller margin of profit.

Third route: sell “as is” to a cash house buyer

The final option you can take is to sell your home directly to a cash house buyer. Cash house buyers are house-flipping companies that are eager to purchase your home, household repairs included. Just dial the number and they’ll survey your property, offer you a fair cash price, and boom – the process is done.

If you’re interested in working with a cash house buyer, consider connecting with us! We purchase homes in the Oakland and Macomb Counties. Feel free to explore our website for more info, and be sure to reach out for a fair cash offer of your home! You can also call us for any inquiries at 586-200-1710.

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There are countless reasons why you may be selling your Michigan home. Perhaps you’re relocating for work. Maybe your family is growing. In any case, many homeowners suddenly find themselves in the situation of trying to sell their home, and fast. Generally, when you sell your home, your first thought is to hire a real estate agent and get your house on the market. While the traditional route is tried and true, there are common problems with this method. In this article, we will compare the process of selling your home through an agency versus to an investor (ie. cash house buyer).

Aerial view of a neighborhood.

Why should you sell your home a cash house buyer?

Whether you call them cash house buyers, house-buying companies, or investors, these businesses want to buy your home quickly and painlessly. Here’s a few reasons you might want to deal with an investor over a real estate agent:

  • The process is shorter. Cash house buyers are just a phone call away. Once you contact them, they’ll set a date to view your home and offer you a fair cash price. Following this, it’s up to you to decide whether you accept the price and want to move forward. There’s no tricks or additional fees.

    Consequently, when hiring a real estate agent, you’re in for a lengthy process of appraisal, staging the home, and waiting for bites. Unlike the traditional route, which can take months or years, cash house buyers can close the sale within a week.

  • The profit is straightforward. When you go the traditional route, your real estate agent takes a slice of the sale. In addition to this, you have to pay closing costs out of pocket. This doesn’t even include the repairs and upgrades you may have to pay to ensure the home is marketable.

    In contrast, cash house buyers offer you a fair cash price before you make business with them. It’s completely up to you to accept or deny this price. No percentage of that goes to the investor, and you won’t have to pay hidden fees. It’s a simple, straightforward transaction.

  • It’s more convenient. The most frustrating part of selling your home through an agency is marketing the property and catering to potential buyers. At any moment, your agent can enter your home short-notice to showcase the house. This doesn’t even include the inconvenience of doling out cash on repairs and upgrades to make it seem more presentable.

    Why go through the hassle? Cash house buyers won’t put you through this trying process. Instead, you agree on a price, sign paperwork by the title’s owner, and can resume your life.

Contact us!

If you want to sell your home fast and hassle-free, consider doing business with us! We buy houses in the Oakland and Macomb Counties. That said, be sure to explore our website for more information and contact us for a fair cash offer.

Interested in learning more about cash house buyers? Our blog has you covered! If you have any inquiries, please don’t hesitate to call us at (586) 200-1710.

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Image of a calculator, notepad, and stack of money.

Selling your home sounds simple in theory, but many homeowners can attest that it’s a daunting process. From hiring a real estate agent to making repairs to finding a bidder, selling your property can be lengthy, time-consuming, and expensive. Want to skip the hassle? Consider doing business with a cash house buyer. In this article, we’ll go over the benefits of selling your property directly to a house-buying company.

Already familiar with the benefits? Take the next step! Check out our article on how to find a quality cash house buyer. You can also scroll to the bottom to find out how to do business with us!

What is a cash house buyer?

Cash house buyers, or house-buying companies, purchase your home “as is” for a fair cash price. This allows you to sell your home quickly and painlessly. You won’t have to deal with costly repairs or greedy agencies. Rather, you can grab your profit and be on your way in no time at all. All that said, how exactly can you benefit from selling to a cash house buyer?

You will save time

Selling your home to a cash house buyer can take just a matter of days. In fact, the entire process can be done within a week. Additionally, you save time by foregoing on lengthy repairs or updates. When selling a house on the market, homeowners often need to consider property reparations, real estate agents, house staging, and other time-consuming formalities. Alternatively, with a cash house buyer, you can exchange your keys for an agreed-upon price and be on your merry way in no time.

You’re guaranteed a safe transaction

When selling your home to an individual, you may encounter unexpected problems. For example, the buyer might have to finance the home or take out loans. In this situation, you’re not always guaranteed the money straight away. When dealing with a cash house buyer, however, you receive the payment upfront with no tricks or lags. The process is quick and straightforward, saving you time and earning you profit.

You will save money

One of the biggest unwelcome surprises you’ll likely encounter when selling a home is the costs involved. People often don’t realize that repairs are necessary for staging their house. In addition, real estate agencies take a percentage of the house’s sale as commission. This means you don’t receive the full selling cost.

When dealing with a cash house buyer, you receive 100% of the offer made to you, and repairs or updates are unneeded. This is because cash house buyers do what’s called “flip houses”, where they take old, lived-in homes and fix it up for sale later. By dealing directly with cash house buyers, you are skipping the lengthy process of listing your home and waiting for a buyer.

Contact us!

If everything you just read works for you, consider doing business with us! We buy houses in the Oakland and Macomb Counties for a fair cash price. Forego the closing costs, complicated paperwork, and time-consuming procedure. For more information, explore our website and blog. Head to our home page for a fair cash offer of your property. For any questions, feel free to reach out!

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