Should You Make Repairs Or Clean Your House?
It might sound like an obvious answer here… but you should know that it is not always required to clean or make repairs. It is going to depend a lot on your situation, how fast you want to sell, and how much you want to sell your house for. If you want to sell your house fast in Dover, you might just choose to sell it to a Professional House Buyer in your area. If you want to get top dollar for your house, it might be better to make the repairs and list it. Lets dive a little deeper into this.
You will likely find yourself asking these questions. Do I want to sell my house fast? Do I need to clean and make repairs in order to do this? The answer is a hard NO. If you want to get rid of your property and still get a fair offer on it, you might be eligible to get a cash offer on it. This is only one way to sell your home in Dover. You can also choose, if you have the money, time and desire, to list it on the market with a Realtor. This is going to solely depend on your situation, time, and money you have available. Just know that making repairs is not always required to sell your home.
Higher Profits If I Do Make Repairs?
More often than not traditional buyers are looking for houses that are ready to move in. Updated kitchens, bathrooms etc. The houses that sell in Dover DE for top dollar are typically the ones that have been updated within the last several years. Not to say you cannot sell your house as-is, but if you do expect offers below market value. While this may sound like a bad thing it may not be. Say you could sell your house as-is right now for 150k, the market in your area is 195k, but your house needs almost 45k in updates and repairs. Is it worth it to put 45k into the property just to sell your property at the market value, and not make anymore than you would if you just sold it as is without making repairs? This is something you must evaluate to determine if it is worth putting the work in.
More important than money is your time. How much time will it take to make the repairs on your house? Do you have a good contractor? Can you make the repairs yourself? It is very important to consider the time it takes to even just list your house on the market, even when its in A+ condition. From listing it, showing it, considering offers… In a best case scenario we are talking at minimum 2 months. One must also consider the amount of time it takes to actually make the repairs and how much more it will cost you in the long run to make mortgage payments, pay taxes and pay utility bills. All this will add up fast and will effect your overall profit in the end.
Know Your Options
Before making any decision on selling your home you should know your options. You Should talk to a Real Estate Professional who is not only a house buyer but also a licensed Agent in Delaware. They can go over your options selling as-is vs listing on the market and allow you to make a decision based on facts. Most Agents are only interested in locking you into a long listing contract, with hopes of selling and getting cut a commission. They will inflate the price your house could sell for, just to lock you down. Dynamic Property Solutions does the opposite. A local professional will sit down with you and go over realistic numbers and ultimately let you make the decision that works best for your situation.