If your property needs repairs, you may have experienced that it is much harder to sell in this market. Sometimes, it can be impossible to find a buyer because lenders will not approve a loan on a property that needs excessive repairs or is not to code.
And more often than not, buyers are simply captious because they have so many properties to choose from if they are qualified to buy.
When you don’t have the means or the time to fix the property before putting it on the market, it can become unmarketable. With lending standards as tight as they are, you may be trying to market the unmarketable if you have even so much as a broken doorknob. In some cases, if the city or county red-tags the house, you can be subject to fines or even lose the property altogether if you don’t take care of the problems.
Selling your home as-is means that the buyer agrees to pay for a property in its current condition. Therefore, the seller will not agree to negotiate any repair or replacement concessions before the closing procedure. It is a great deal for sellers since they can avoid all the costs associated with fixing the house.
If you are in that situation, don’t despair – you are not alone! Let your fixup be our burden. We are in a position to pay cash for your property and deal with any repairs after we close and you get your money. Why not get started today and see if your property can qualify for our buying criteria! You can sell your home to our company as-is, without spending a single dime fixing a thing.
Our team of experts usually encounters older houses that need many replacements and overall fixes. However, this is resolved with cash offers and quick closings.
On the other hand, the most traditional homebuyers that can go ahead and qualify for a mortgage usually want a property that is in good condition or needs minor repair work.
Additionally, mortgage companies mostly lend against the as-is value and often do not provide enough funds for the new homeowner to purchase and fix the house.
At Wyohouses, we buy homes for cash no matter their condition. Your current home may be facing water damage, a rotting deck, exterior damage, or a failing septic system; we are disposed to make a fair and competitive all-cash offer based on your home’s current condition. You won’t have to worry about making any repairs, replacing, or cleaning the property. Just take what you need, and we will take care of the rest.
Accepting our offer will unquestionably save you a lot of time and money since you will avoid the tedious and stressful mortgage approval process. Likewise, you don’t have to spend your money making all the repairs or replacements to sell the house. What a great and fast way to start selling your home!