Prep A Fixer-Upper For A Quicker Sale
Posted on: 4 May 2017
Selling certain homes is fairly easy. When a property is in wonderful condition and has been remodeled only recently, buyers may be inclined to flock to it and pay top dollar. Those who are stuck with "fixer-upper" properties may find things a bit more complicated. To sell your home when it is in poor condition can be a bit tough, but there are ways to maximize the expediency in which the property is purchased. Properly prepping the home definitely helps the cause of moving a distressed property.
Fixer-Upper Considerations
Investors and home flippers are the usual suspects who purchase distressed properties. These buyers might not be willing to spend too much money on the home and could lowball an offer. The other type of buyer, a buyer who may be willing to pay a little more for the property, would be someone willing to slowly but surely do the renovation work on his/her own. Such buyers do not want to be overwhelmed, though. A home that is already suffering from leaky plumbing and an aged roof brings forth concerns. Sellers should avoid compounded these concerns by doing the following:
- Rip Up The Carpets
If the carpeting is old and worn out, then the new owner is sure to replace it. Ripping out the carpet would make a great with of sense when a hardwood floor exists under the carpet. Double-check to make sure the underside of the old carpeting is not in bad shape. Ripping out the carpet only makes sense if doing so improves visuals.
- Clean Out the House
Old furniture, personal belongings, and other items that contribute to clutter positively must go. Showing an old home that is cluttered is a bad plan. The interior of the home looks smaller and, worse, the potential buyer may assume the clutter is strategically being used to hide serious problems. Hire a cleanout service and empty the interior.
- Tear Out the Old Wallpaper
Crumbling wallpaper is not attractive. It just leaves a bad impression. Maybe removing the wallpaper and painting over what remains would be a good plan. Giving the ceiling a nice new coat of paint could be worth doing as well. The new paint does not need to be expensive. It just has to do the job.
Moving the House
Keeping an old fixer-upper on the market for too long can be troubling. Such properties run into maintenance problems that come with unavoidable expenses. Doing what is necessary to sell the home quickly could make the eventual sale more profitable.
Share