There are many reasons that homeowners are selling their property, often drastic life changes, such as divorce or death, may leave many homeowners ready to walk away without looking back. With interest rates low, it is a great time for them to find a new place to call home. Many sellers have inherited a property that they either simply do not have the time or money to rehabilitate and no interest in living in the home. Unfortunately, some sellers can no longer afford the upkeep or even their monthly mortgage any longer and are ready to sell the property quickly. In order to avoid going into foreclosure proceedings ahead of ever-looming deadlines from their lender, a quick sale is called for. No matter your reason, we’ll explore how to sell your house in Hampton Roads without sinking any more money into it.
Sell Your House As-Is
By stating that your home is listed in as-is condition is one way to sell your house in Hampton Roads without sinking any more money into it. Many buyers are actively looking for properties being sold as-is, because they realize in most cases it will be an investment of less cash and more elbow grease, to purchase at a lower price. When it comes to real estate, any experienced agent will advise you that you must disclose all known issues with the property. And while you can make this statement, and present the home with this condition, buyers may still request an inspection. Additionally, you are still at legal risk over issues that may appear after the home has sold, even if you weren’t aware of them.
Mention Renovation Loans
Whether you decide to list the house yourself or you have a real estate agent, mentioning renovation loans in your marketing may be available to buyers is very helpful if you are looking to sell your house in Hampton Roads without sinking any more money into it. These programs do have restrictions regarding the borrower’s credit as well as the viability of the projections the rehabilitation will have on the home’s value when completed as opposed to the amount being requested. Be wary of bright-eyed new buyers who aren’t prepared to see the deal through and often end up backing out, many times because their financing falls through.
Lower Asking Price
Another way to sell your house in Hampton Roads without sinking any more money into it is to ask a slightly lower price than similar properties. Often sellers will add in room for bargaining in counteroffers. When you are calculating your numbers, do not forget to include the costs of sitting in your home at a higher price for a longer period of time. Likewise, consider the possibilities of paying for two households if you are selling due to forced relocation. When it comes to the fast pace of today’s market and savvy online buyers, you are better off to skip playing games with the sales price. By starting off with your real asking price, you are very likely to quickly attract more buyers.
We buy houses in Virginia. However we Specialize in local areas. Maybe while you have been driving around you’ve often seen signs posted around that say . .We buy Houses Newport News, We buy Houses Hampton, We buy Houses Portsmouth, We buy Houses Williamsburg, We buy Houses Norfolk, We buy Houses Virginia Beach or We buy Houses Chesapeake. So here’s the thing . . . Those are not our Signs Because we Don’t Post Signs around town.
You can take the risks of selling as-is, lower your listing price, and hope your property does not sit on the market and deal with the headaches of showings, or better yet, you can sell directly to SellYourHouseVA! We are Local and we always pay a fair price, you won’t have to lift a finger, worry about cleaning your house, or be inconvenienced by showings and you can just walk away. SellYourHouseVA provides you with a guaranteed closing date, usually within 30 days or less. Our experts understand all of the risks involved with buying your home as-is, so there is no need to worry about any surprises down the road about disclosure! What’s the best way to sell your house in Hampton Roads without sinking any more money into it? Sell directly to SellyourhouseVA.com. Send us a message or call (757) 346-1116 today to learn more about us and what we can offer you!