Do you want to sell your house but it needs a ton of repairs? Distressed properties can be an expensive problem for owners who are trying to sell. If you are in a situation where you need to sell a property like this, we will share with you how to get the most money for your run-down house in Little Rock.
Do Not Allow Contingencies
If you are selling your houses that is in bad condition on the MLS or FSBO, you will likely receive offers that have contingencies. For example, repair contingencies are common and allow the buyer to back out of the purchase if you don’t make repairs. Other contingencies that are common will include an extension of time between the purchase and sale (buyer may need to sell previous property to purchase yours etc..). If you were to sell directly to a house buying company like Sunny Day Homes LLC, you can get cash for your house in as-is condition and close on your chosen timeframe. This ensures you are getting the most money for your run-down house in Little Rock.
Most direct home buyers buy houses in their as-is condition which means there are typically no professional inspections done. When you hire a house buyer like Sunny Day Homes LLC, you are working with an experienced real estate investment company that provides solutions to distressed property owners and ensures a fair and honest transaction. A direct sale will get you the most money for your run-down house in Little Rock.
Say No To Bank Financing
When selling to traditional retail buyers, bank financing is another delay to deal with. We advise not to deal with any buyers who want to finance the purchase through bank lending. This will add on unnecessary time to the sale and at the end of the day there is no guarantee the buyer will be approved. On top of this, a bank will not approve lending on a property that needs repairs – they will want their borrower to have an approved inspection on the property. Buyers like this are just not the right fit for your situation. Because a direct sale to a professional buyer like Sunny Day Homes LLC is a cash purchase, you will not have to deal with the extra work and delays. You will get the most money for your run-down house in Little Rock!
Avoid Sitting on the Market
It is no surprise that a property that needs repairs will more than likely sit on the market longer. The longer your property sits on the market the less desirable it becomes. Picture a buyer looking at the listings and see’s that your properties DOM (days on market) is longer than the average. This will create concern and caution in buyers when considering your property. As a seller, this is not good because this will increase your holding cost the longer your house sits on the market. Selling to a direct home buyer like Sunny Day Homes LLC can save you tons of money in holding cost and the best part is, no listing on the market! This will help you get the most money for your run-down house in Little Rock.
Work With Sunny Day Homes LLC
To get the most money for your run-down house in Little Rock, sell it directly to Sunny Day Homes LLC. You won’t have to spend a single dime on repairs and we will purchase the property on your timeline, with all cash! We are happy to answer any questions you may have and help you determine what solution is best for your specific situation. Reach out to us at Sunny Day Homes LLC anytime! Ready to learn more? Send us a message or call us at (501) 400-0505 today to learn more!