Have you ever considered selling your house without a real estate agent? All too often sellers are overwhelmed with the work, time, and expense of readying their home for sale. You need to do all that an agent would have done: from putting up signs in front yard to advertising on the internet through closing day. While it could save thousands because there is no commission fee when you sell yourself or with an agency license holder; by doing so you will invest more time handling everything than what they normally would if they were acting as your representative.
Curb appeal is a big deal for home buyers, especially those looking on the MLS. But when you’re scrolling through listings online, most people want something to move into right away! So show them why they should spend their time with your property instead of another one – even if it’s just by being witty in an ad or listing description about how easy it will be to walk around and find what they need.
Did you know that there is an easier way to sell your home for a fair price? There are plenty of reasons why you should sell your home to the professionals, including skipping all those headaches and expenses. Life is already hard enough with house showings, repairs and clean ups – it’s time for you to put an end them once in for all!
Read on to learn more about how selling your PA house directly to a professional buyer will save you thousands in repair costs.
With Philly Home Investor we specialize in purchasing properties that need little to A LOT of work done, we even buy vacant land as well! Check out our Google Reviews and see why so many people have trusted us over the last few years to purchase their home “as-is”.
Fluctuations in Supply Costs
Lumber is expensive right now, more than 112 percent higher than last year. With the demand for lumber and other supplies increasing because of homeowners investing in their homes to make repairs they have been putting off or upgrading, buyers are finding that it’s a great time to invest in home ownership with prices so high!
This increase in demand has caused building materials and supply chains to lag in production and adding to the costs that consumers are absorbing. 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 upgrades or repairs, and professional buyers will buy your home as-is, meaning the cost of materials is no longer your problem. It is easy to see why selling your PA house directly to a professional buyer like those at Philly Home Investor will save you from paying for any repair costs, which can quickly add up to tens of thousands of dollars.
The average time it takes to sell a property on the MLS if the property needs a lot of work is anywhere between 45-75 days depending on if it’s priced correctly.
With Philly Home Investor the average time it takes us to close on a property is 14-21 days!
Repair costs can spiral out of control, and this is why experts advise adding 10% to the estimated repair budget. All too often for homeowners with an already limited resources, unseen problems lie hidden until it’s time to complete repairs on a project that has been underway since before they purchased their home – then you have very serious issues like foundation damage which could end up costing tens or hundreds-of-thousands more than originally planned.
Even when you’ve gone to the expense of hiring a professional to inspect your home and contacted at least three pros for repair estimates, surprises are an inevitable part of the repair process, especially in older homes. Suppose you decide to place a home 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, negotiating 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, sellers end up facing legal issues and even more expenses.
When you sell your PA house directly to direct buyers like Philly Home Investor, they take on all of the risks of any potential problems. Selling to a professional buyer could conceivably be saving you from additional hidden repair costs that can increase your repair expenses by tens of thousands of dollars.
At Philly Home Investor, we will handle it all! If you face expensive repairs, now is the perfect time for selling your house directly to Philly Home Investor. When you work with Philly Home Investor, there are no commissions or hidden fees that will be coming off of your cash payment at closing.
Did you know that there are more real estate agents than properties for sale right now? So many new real estate agents you never know what your gonna get!
Talk to the professional buyers at Philly Home Investor about all of the ways that selling your house directly to Philly Home Investor will save you money. Get a free, no-obligation offer from Philly Home Investor and see how easy we make the process! Send us a message or call Philly Home Investor at (215) 422-3288.