If you own a house that has fallen into disrepair, don’t worry. There are ways you can sell your house without having to pay for all the necessary repairs. If you need to sell a damaged house in the Myrtle Beach area “as-is”, our latest post will help you save time and money on the sale of your home.
In order to sell a house in need of repairs in Myrtle Beach, you’ll need to find the right types of buyers. Most buyers are looking for a house that’s move-in ready. They don’t want to have to make bunch of repairs themselves before moving in, and many won’t have the time or money to do so. Buying a damaged house “as-is”, is not the ideal situation for many buyers. Your best bet will likely be finding the right investors who don’t mind taking on a property that needs work. At Belle Coast Properties, we are very experienced in fixing up properties and are happy to help if you need to sell a damaged house in Myrtle Beach.
This property was destroyed, but Belle Coast Properties bought this damaged property as-is, for cash. We specialize in buying properties in need of repairs.
Your Selling Options
Fix It First
The most profitable option is typically to fix the house yourself. You can get the most money for your house if it’s been repaired and updated. Just make sure you can handle managing the contractors, and remember to never pay a contractor in full before the job has been completed. Also, make sure they have the proper licenses and insurance, and pull the proper permits. Although this is a good option, many people don’t want to spend a bunch of money on a property they are selling without any guarantee of a return.
List It As-Is
Instead of spending money on repairs, you can choose to list your house as-is. While you may be offering it at a fair price, if your average buyer sees pictures making the house look like a handyman special, or sees that there are a number of repairs required in your property description, you might have some trouble getting enough attention to the property in order to sell it. Not to mention, if the house needs many repairs then the prospective buyer’s bank may not be willing to approve the mortgage. It also may not appraise high enough.
Typically the fastest and easiest way to sell a damaged property is to get it in front of an investor or a direct cash buyer. If you choose to sell to Belle Coast Properties, we will buy as-is, potentially saving you thousands of dollars in repairs and realtor commissions. Plus, we are able to close very quickly so you can easily sell your damaged home in the Myrtle Beach area, and move on with your life!
Ask Yourself These Questions…
How Much Do You Want To Spend Upfront?
If you have the cash upfront, you might consider fixing up the house and putting it on the market. This can require a good amount of time, and will not come with any guarantees. If you spend a fortune fixing a damaged property in Myrtle Beach, there is no guarantee you will get it back.
Who Is Your Ideal Buyer?
Is it realistic 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 what you need? If so, and if you have the time to wait and find out, consider listing your Myrtle Beach house. Or is the damage so severe that your ideal buyer would actually be an investor, with the means to fix up the property? Many investors, such as the team at Belle Coast Properties, thrive on fixing up old homes, and helping owners escape their damaged Myrtle Beach properties!
Owning damaged property can be stressful. The repairs can be expensive and you can be held liable for any injuries that occur. If you are not able to make the needed repairs, it might be time to sell your damaged house. You don’t have to hire an agent. Learn more about selling your house as-is, so can be rid of your troublesome property once and for all!