Have you ever considered selling your house directly to a buyer? Sellers facing the reality of repair costs are all too often overwhelmed with the work, time, and expense of readying their home for a traditional listing. Selling on your own or with a licensed real estate agent entails much of the same process. While you’ll potentially save thousands in commissions by making the repairs yourself, you’ll invest more time handling everything that your agent would have, from the time a sign is placed in the yard and listed on the internet all the way through to closing day.
Curb appeal plays a significant role in the marketability of a house, especially when listed on the MLS and other online sites where buyers are scrolling through quickly. Because most buyers are looking for homes that they can move into immediately, you must compete for them to take the time to view your property.
Did you know that there is an easier way to sell your home for a fair price? Wouldn’t you like to skip all the headaches and expenses of having to make repairs, along with the added pressures of constantly cleaning and rescheduling your family life around showings and open houses? A professional buyer like Jamie Buys Houses handles everything for you in one meeting, walking you step by step through the entire process.
Read on to learn more about how selling your Dallas house directly to a professional buyer will save you thousands in repair costs.
Fluctuations in Supply Costs
Lumber is expensive right now, more than 112 percent higher than last year, as well as other home improvement products such as drywall, roofing and siding. Demand for lumber and other supplies has increased because more people are having improvements made to their current homes and more builders are building. Many homeowners have chosen to invest in their homes, making repairs they have been putting off for years and also upgrading their home offices, home schooling spaces, and areas of their home for more family-based activities. This increase in demand has caused building materials and supply chains to lag in production and are adding to the costs that consumers now have to absorb. When you contact a professional for an estimate on repairs because of the fluctuations in supply costs, you shouldn’t be surprised when you see a time limit on the cost estimate or even an allowance for changes in actual costs. This lag time in materials will eat away at your profits in holding costs as you continue to pay the mortgage and all of the other monthly expenditures as the project lingers on. When you sell directly, you can stop stressing because you don’t need to worry about any upgrades or repairs, because professional buyers will buy your home as-is, meaning the cost of materials is no longer your problem, it’s theirs. It is easy to see why selling your Dallas house directly to a professional buyer like those at Jamie Buys Houses will save you from paying for any repair costs, which can quickly add up to tens of thousands of dollars.
Surprises
Repair costs can spiral out of control, and this is why experts recommend adding 10 percent to the estimated repair budget. All too often, unseen problems lie hidden, only to be discovered when the project is midway through completion. These discoveries are often very serious, such as with the foundation of a building or a roof that may not be leaking, but is on its last leg. Depending on your financial situation, failing to plan for all types of contingencies could bring everything to a screeching halt when it comes to selling your home. Even when you’ve gone to the expense of hiring a professional to inspect your home and have contacted at least three pros for repair estimates, surprises are an inevitably part of the repair process, especially with older homes. Suppose you decide to place a home that’s in a state of disrepair on the market. In that case, you can expect excruciatingly low offers from buyers who will be expecting an unrealistic discount to buy your problems and do the work. Most likely they’ll want to negotiate with you to lower your asking price with an inflated estimate for the repairs. In some cases, even if you’re unaware of a serious flaw with the home, as a seller you may end up facing legal issues and even more expenses because of those flaws. When you sell your Dallas house directly to direct buyers like Jamie Buys Houses, they take on all of the risks of any potential problems. Selling to a professional buyer could conceivably save you from additional hidden repair costs that can increase your repair expenses by tens of thousands of dollars.
At Jamie Buys Houses, we will handle it all! If you face expensive repairs, now is the perfect time for selling your house directly to Jamie Buys Houses. When you work with Jamie Buys Houses, there are no commissions or hidden fees that will be coming off of your cash payment at closing. Talk to the professional buyers at Jamie Buys Houses about all of the ways that selling your house directly will save you money. Get a free, no-obligation offer from Jamie Buys Houses and see how easy we make the process! Send us a message or call Jamie Buys Houses at 972-318-9500.