You own a house that needs a lot of repairs? No worries, there are ways you can sell your Baltimore house without having to pay for all the required repairs. If you need to sell a damaged house in the Baltimore area, keep reading to help you save time and money on the sale of your home.
In order to sell a damaged house in Baltimore, you’ll need to be able to get in front of the right buyers. Most buyers are looking for a house they can move in to right away or rent out for investment. Taking on a new property, that comes with damages, can seem very stressful and off-putting to many buyers. Your best bet will likely be finding the right investors who don’t mind taking on damaged property. At KDD Development, we are very experienced in fixing up properties and are happy to help if you need to sell a house in Baltimore that’s damaged.
Your Selling Options
# 1 – Fix It
When possible, if your house is damaged, you can fix it. In most cases this is going to be your best choice if you want to sell it for a price that is competitive with others on the market. That said, many people don’t want to spend a bunch of money on a property they are selling without any guarantee of a return.
#2 – List As-Is
Instead of spending money on repairs, you can choose to list your house as-is with a real estate agent. While you may be offering it at a fair price, most buyers seeing pictures making the house look bad, or seeing that there are a number of repairs required in your property description, you will probably have some trouble getting enough attention to the property in order to sell it for a price your comfortable with.
# 3 – Sell Directly
In most cases the fastest and easiest way to sell a damaged property is to get it in front of an investor or a direct buyer like KDD Development. If you choose to sell to us, we will buy the property as-is, potentially saving you thousands of dollars in repairs. We are able to close very quickly so you can easily sell your damaged home in the Baltimore area, and move on with your life!
First, Ask Yourself These Questions…
How Much Can You Afford To Spend Upfront?
If you have the cash upfront, you actually might consider fixing up the house and putting it on the market. This will likely require a good amount of time, and will not come with any guarantees. If you spend a fortune fixing a damaged property in Baltimore, there is no guarantee you will get it back.
Who Is Your Ideal Buyer?
Is it realistic for you to fix up the property and put it on the market? Do you honestly believe that you will be able to find buyers for your damaged property, willing to pay the price you need? If so, and if you have the time to wait and find out, the best option may be to consider listing your Baltimore house. Is the damage so severe that your best hopes of finding a buyer would actually be an investor, with the means to fix up the property? Many investors, such as the team at KDD Development, thrive on fixing up old homes, and helping owners escape their damaged Baltimore properties!
Owning damaged property can be stressful. The repairs can be expensive and you can be held liable for any injuries that occur from someone entering a dilapidated property. If you are not able to make the needed repairs, it might be time to sell your damaged house. You don’t even have to hire an agent. Learn more about selling your house as-is, so can get rid of your troublesome property once and for all!