It is stressful when you are trying to sell a property when you know there are problems with the property that need to be corrected, especially with the inevitable inspection hanging over your head. In addition, selling a run-down property can be costly as days on the market increase the final sales price is typically lower.
However, you can take comfort in knowing that homeowners in the same situation have successfully sold their properties with a bit of guidance from experts. So read on as we explore what homeowners can do about a run-down property in Memphis.
Understand Your Buyers
Unfortunately, run-down properties often linger on the market because most home buyers seek properties in ready-to-move-in condition; however, this does not necessarily mean that you will not have any interested parties contacting you. By understanding the buyers you will likely encounter, homeowners can better prepare to sell a run-down property in Memphis. One type of buyer you may meet are those seeking a ready home but deciding if they can buy your property at a steal; the time, effort, and expense are worth it. Unfortunately, these offers are typically offensively low and not based on actual market values. For a realistic assessment, direct buyers like those at Memphis Home Buyers are fully transparent and up-front with everything so you can make an educated decision about what is best for your circumstances, listing or selling directly.
Homeowners can highlight the positive aspects of a run-down property in Memphis. First, by tidying the landscaping, you can improve the curb appeal. For example, adding a few flowering plants for some bright spots to a freshly weeded flower bed is appealing. Next, you can enhance the appeal of your interior by a deep cleaning of your flooring and carpets, removing worn throw rugs, and decluttering all surfaces. You should also remove oversized furniture, which makes spaces appear smaller. Finally, add a fresh coat of paint and make minor fixes, such as leaky plumbing. You can save by selling to a direct buyer like those at Memphis Home Buyers because we buy houses in as-is condition so that you can forget about the curb appeal, cleaning, or making any repairs.
Homeowners can hire an appraiser so that they know the current fair market value. Setting the price right can help quickly sell a run-down property in Memphis. If you price your property too high, today’s savvy buyers will be fully aware and scroll right on by your listing. You hurt yourself financially by setting the price too low, but buyers may also feel there is something wrong they can’t see and move along to avoid getting into a money pit. You’ll know what you would profit from selling your property on the market vs. the offer from a direct buyer from Memphis Home Buyers, which you will agree is fair. The direct buyers at Memphis Home Buyers never charge commissions, and there are no hidden fees in our straightforward contract.
Making a no-obligation call to Memphis Home Buyers about your run-down property in Memphis is what homeowners can do to make selling quick and easy. You’ll save thousands by selling directly to Memphis Home Buyers; we guarantee the closing date, so you will know when the expenses of holding and maintaining your run-down property will finally end, and you won’t pay closing costs. The amount of the offer from a direct buyer at Memphis Home Buyers is the amount you’ll walk away with from the closing table. Memphis Home Buyers has the flexibility for the closing to be in a few weeks or delayed to the calendar date best suited to your upcoming move. Call Memphis Home Buyers at (901) 828-8419.