Do you need to sell a house right now in Raleigh NC? In this post, we will offer tips to help you sell your unwanted house, quickly getting you the cash you need in less time than you might think!
With a global pandemic, massive unemployment, and civil unrest, many people are trying to figure out the best way to sell a house right now in Raleigh. While it may seem challenging to sell your house in a few days, it can be done! Savvy homeowners know that there are multiple solutions to a given problem and that a traditional listing isn’t always the right option. Below, we offer some tips to help you sell your Raleigh house quickly and easily.
Sell To A Local Direct Buyer
Working with a local direct buyer is the quickest and easiest way to sell your house in Raleigh or any other part of North Carolina for that matter. That said, you will want to work with a buyer that is local (not a national company), reputable (accredited testimonials online), and professional. Not all buyers are the same, and NOT all buyers treat homeowners fairly. When you work with a direct buyer to sell your house in Raleigh -Durham, make sure you are working with someone who you can trust. Do they have ample testimonials on Google? What about the Better Business Bureau? How about Facebook? These sources allow you to see the reviews but also the reviewer. Don’t settle for “So and so is the best company we’ve ever worked with.” Jim S. with no link to the reviewer. These are FALSE testimonials!
At Mike Buys Houses, we value transparency and a current, accredited member of the Better Business Bureau with an A+ rating. We will never make any false promises or put you under any obligation to sell. Working with Mike Buys Houses will give you the peace of mind you need when selling your house directly in Raleigh Durham! There is never any obligation when receiving an offer, plus it can be a great insight into the true value of your home!
The best way to sell a house that needs work is an ‘as-is’ sale, meaning you are offering it ‘as it is’, in its current condition, and will not be making any repairs. This is the most straightforward way to handle the transaction and avoid repair concessions during the process. Whether you sell your house to a direct buyer, or with an agent on the MLS, an ‘as-is’ sale is the best way to set correct expectations, save money on costly repairs, and save on repair concessions.
Disclosures and Inspections
According to North Carolina law, all sellers must fill out a Residential Property Disclosure Form. If you are selling a house that needs repair it is best to select ‘no representation’ regarding the condition of the home. Older houses that have deferred maintenance can have many malfunctioning systems that the homeowner is unaware of. Misrepresenting something as working, when it is found to be defective can expose you to tremendous liability.
The inspection process is the point in the sale when the homeowner is most vulnerable. Inspectors always return laundry lists of repairs needed for a home. We know because we buy and sell dozens of houses per year so we have seen hundreds of reports. This is why it is best to declare upfront that you will be doing an ‘as-is’ sale.
At Mike Buys Houses, we never ask our client’s fo fix anything. Often, we do not do a home inspection while you are living there. As professional buyers, we are comfortable taking the risk of not knowing the exact condition of a house upon purchase.
If you are selling a house that needs work in Raleigh NC you need to set a firm date on closing. If a buyer comes with an offer and they are willing to buy your house ‘as-is’ they need to be able to close by a certain date. The closing date should address your needs. If you need time to pack up a lot of inherited property may need a flexible closing date. Or if you need to sell quickly for financial reasons a cash buyer should be able to close within one to two weeks.
As a seller, you’ll want to get a purchase agreement with the attorney as soon as possible. It is very common for homes to have judgments against them that will have to be paid off to deliver clear title. Open judgments and claims can delay closing because of the paperwork and formalities involved so it is crucial to get things moving as soon as possible.
Price To Sell
Selling a house that needs work requires the seller to be competitive to attract the right buyer. Too often, sellers try and push prices aggressively only to have buyers back out of the sale at the last minute. This leaves the seller stuck holding the bag after having wasted valuable time. Buyers need incentive to take the risk of a renovation upon purchase. Especially when the extent of the repairs is unknown. Take a look at homes within a quarter-mile of yours that are in similar condition. What have they sold for and how long did it take for them to find a buyer? To get the attention of buyers, you’ll need to list your house for a lower price than the others on the market. Lowering your price in addition to paying out commissions and other miscellaneous fees associated with the listing can really cost you. Keep in mind, that with a direct sale to Mike Buys Houses, there are no commissions or fees. We offer a fair price and a fast closing.
At Mike Buys Houses, we help homeowners who need to sell their homes quickly and without any costs or hiccups. We will buy your property directly, closing quickly on the day we say we will. You will never have to worry about getting stuck with a Raleigh NC house that you no longer want!