Wondering how to sell a house that needs repairs in California? Good, you’ve come to the right place. Worried the repairs may repel buyers? Well, that’s a valid concern. Repairs do tend to be a turn-off. But don’t fret. Selling your repair-ridden home is entirely possible. Here’s what you can do to get it sold.
Disclose all Needed Repairs
You know the old adage, “Honesty is the best policy.” In this case, it’s not just for moral upkeep. It’s the law. If you don’t disclose all the needed repairs you know of, you could face legal problems down the road. So, disclosing what you know is the best way to go. If you’re not aware of certain issues, be sure to let the potential buyer know you’re not aware.
Again, full transparency is key here.
You want everything in the house to be as accessible and as visible as possible for potential buyers. So clear away any junk that might be hiding behind walls, closets, bathrooms, etc.
If you don’t, buyers may assume you’re hiding damage behind the clutter and lower their asking price – even if there isn’t actually damage.
If you can afford to do so, hire professionals to do the repairs. Don’t do it yourself or hire someone who doesn’t know what they’re doing to do it for you.
If the work isn’t done right, it can cause greater problems when you go to sell.
For instance, if an inspector spots shoddy work, you’ll have to pay more to have the repair work done properly. You may also lose the buyer’s trust, which means they may decide to back out.
If you can’t afford to have repair work done, it’s a good idea to get bids so you can figure out how much the repair work would hypothetically cost.
Once you do that, provide the buyer with a detailed list of all the needed repairs and the costs. Providing a list of contractors and specialists they can call is even better. That way, the repair work will seem like an easier undertaking, and buyers will feel more comfortable making an accurate offer.
Selling to a pro home buyer is a good alternative because they buy houses as-is and handle all the repairs. They also pay in cash and can typically close as quick as seven days, so you don’t have to wait on banks. And there are zero fees.
They can also typically give you an offer close to what you would net if selling your home the traditional way – without all the hassle.
Want to learn more about how selling a house that needs repairs to a pro home buyer works? Click here or fill out the form below.