Do you want to learn more about how to sell a house with code violations in Beaumont? We can help! Learn more in our latest post!
When you own a house that is in need of a lot of repairs, simply owning it can become time consuming and full of head aches. It may seem like you are making one repair after another, never really being caught up and always having the feeling of what will fall apart next. Owning a house like this is expensive and incredibly stressful! We know. Here are some things that can help.
Calculating Repair Costs
Do you know how much it will cost you to bring your house up to code? Even with your best estimates, and help from professional contractors, you are very likely to go over budget. It happens more then you can believe. It is always safe to pad your renovation and repair budget by at least 20-30%. This way you wont run out of money before all the work is complete. When you own a house that requires many repairs to make it livable, the costs can tend to snowball FAST. Replacing a carpet can lead to the need to replace the flooring, which in turn can lead to fixing a leaky pipe under the house and so on, and so on. There are always hidden cost in a rehab or renovation job. Getting an accurate estimate can be tough and time consuming! Before you dive into your repairs, make sure the value of the end product will be worth all the time and money you put in!
If you decide not to repairs the house, and want to try and sell it as-is. There are two ways of doing this. You can either list it on the MLS with a local Beaumont Real Estate agent or you can sell it outright to an investment company without any additional costs or repairs. The Aida Group is a team of home buyers who will pay you an excellent price for your house no matter what condition it is in. Learn more before you decide what to do with your Beaumont house!
Now listing your house when it needs major repairs will take a lot of time and patience. Many people that are looking for houses in Beaumont will be turned off by the amount of work that is needed to make the house ready to move-in. The thought of making repairs and spending even more money after buying a home simply doesn’t sound appealing to many people. You will need to market the property to the right audience and make sure you are capturing all of the home’s potential in your ads. It is wise to enlist the help of a professional photographer in order to make your pictures stand out. People are very visual, if they see your listing with photos of a dilapidated house, they are likely to skip over it. Even it it is exactly what they are looking for. However, great photos will help peak their interest, which will allow their imagination to start seeing the finish picture. Not a lot of people can see the diamond in the ruff. But those are the people you want.
A Direct Sale
On the other hand a direct sale of your house when it is riddled with repair is often the fastest and simplest way to go. At The Aida Group we purchase properties of all sizes, shapes, and conditions. We have purchased hundreds of homes that are in need of work and we can handle almost anything. We want to create a win-win situation so you can walk away from the property without facing any additional cost or stress. Keep in mind, not all home buyers are the same. Some will ask for certain repairs be made or will make you wait while they find a buyer to assign the home to. This is not the case with us. We are ready to buy your house immediately and can typically close on the property in only a few short days or close when you need to. At The Aida Group we want to make it easy and hassle free for you and us. If you are looking for a fast and fair way to sell a house with code violations in Beaumont, get in touch with us today!