When it comes to selling your home, it seems like the most logical move is to make repairs before putting it on the market. If you put money into repairs on the home, in turn, you’ll raise the value and get more of a return when you go to sell it. Unfortunately, this isn’t always an option- repairs can be costly, and not something all home sellers can afford before listing their property. Read on as we analyze the best option on whether or not you should go forward with investing in repairs on your home prior to selling it.
Circumstances
Before deciding to make repairs on your home, consider your finances. As a home seller, you are responsible for the cost to make repairs. Usually, repairs end up costing more than planned as unforeseen issues with the property become apparent. If you live in the home you’re planning on selling, you’ll also be living in the mess that comes with the construction which can be dreary and stressful. You’ll have to get used to the mess, loud noises, and lack of peace in your home. At Anchorage Home Buyers, we buy homes as is. Not only do you not have to worry about realtor commissions, but you don’t have to worry about the cost of repairs when you make the choice to work with us.
Increased Profits
Your average home buyer isn’t typically looking to buy a property that needs work done to it. Therefore if you can afford it, you should definitely make the repairs necessary for your home. However, there are other things to consider. If the after-repair value of your home is less than or even very close to the cost of repairs, you’ll probably want to sell it as is. This is especially true if you value peace and convenience. You should also of course consider the location of your home, and how modern the features are. Is it completely outdated? Does it need to be fully remodeled in addition to average repairs? If this is the case, the best option for you would be to sell it as is. When you work with us here at Anchorage Home Buyers, you get to work with a full-service in-house team of industry specialists to quickly provide you with reliable numbers. We’ll provide you with all the details of the profits of listing your home the conventional way vs. our offer. We do this because we want to give you an offer you agree is fair so that you can make the best choice for you.
Time
A commonly underestimated factor that plays into the total cost of repairs done to your home, is time. The longer your house is under construction, the longer your home will be listed. You’ll need to have an accurate estimate of the time it will take to complete the repairs to your home. Anchorage Home Buyers will provide you with a timeline for repair work that you can take to the bank. Alternatively, if you’re looking to get things done sooner rather than later, Anchorage Home Buyers can provide you with a closing date, usually within a matter of days. If that’s too soon for you, no worries. We can decide on a closing date most convenient for you.
If you’re still not sure whether you should make the repairs or sell your home as is, talk to one of the specialists here at Anchorage Home Buyers with absolutely no obligation. We will take the time to learn about your situation and help you figure out what the best option is for you. We’re happy to answer any questions that you might have. We’ll never charge a commission, and there are no hidden fees that you’ll need to worry about. Our offer is the amount you’ll have in hand after closing- and you won’t even pay any closing costs!
Call Anchorage Home Buyers at 907-331-4472