It can be stressful trying to determine if you should make repairs to your Dallas house prior to selling it. By making these repairs, it could potentially increase your final sales price. But on the other hand, you could do no repairs and sell it as-is. Which is the best way to sell? Let’s find out if you should make repairs to your Dallas house before selling it or not.
Circumstances
If homeowners are wanting to make repairs to their home prior to selling, they must bear the costs of making those repairs to their Dallas home before actually selling it and collecting the profits from the sale. Unfortunately, in some cases, it does cost money to make money, and repairs may not be an option for sellers without some sort of funding. Additionally, living in a property while the contractors are roaming through and making the repairs would not be ideal or maybe even impossible depending on the extent. You have the headache of searching and vetting the contractors on top of dealing with the mess and noise during the actual repair process.
If you feel like coming up with the money and dealing with the hassle of the repairs and contractors isn’t the ideal situation for you, then maybe selling as-is would be ideal for you. Professional buyers like those at North Texas Cash For Homes have the power of cash backing their purchases, so we buy houses as-is. When you sell directly to professional buyers at North Texas Cash For Homes, you can leave all the worries about selling and passing the inspection behind.
Increased Profits
When a home is listed with a real estate agent on the MLS, the buyers they are attracting will be buyers looking to purchase a property to live in. With that being said, these buyers are seeking properties ready to move into with no repairs needed. This is why it’s important to make the repairs prior to listing it for sale otherwise buyers won’t be interested. So it may be worth making repairs to your Dallas house before selling it if that’s the route you want to take to get top dollar for your home.
Before you determine if you should make repairs to your home and if that’s the best scenario for you, it’s important to consider both options. Start with calling contractors to get quotes for the work that needs to be done to your home. Once you have an estimate on the amount of money it will cost, make sure you have an estimated time frame on how long it will take. Then speak with a real estate agent to see what your home would potentially sell for once you make all of those repairs and how long they think it would take to sell your home. Once you have all of that, figure out how much you think you would walk away with after you pay the real estate agent, pay the contractors, pay for the repairs, and pay off your mortgage. Also, take into consideration how many months or years this could take before finally walking away with your profits. If you feel like that effort, time, and money is worth that final number you’re looking at then I think you have your answer on the direction you should go.
If going that route doesn’t seem worth it to you, then selling your home as-is now would probably be the better option before you make repairs. Professional buyers like those at North Texas Cash For Homes work with a full-service in-house team of industry specialists to quickly provide you with reliable numbers. The professional buyers at North Texas Cash For Homes will outline details of what you could walk away with if you accept our cash offer.
Time
Time is money, so to truly understand the costs you face, you need to consider the costs of holding the property while professionals complete the repairs and during the listing period. You must have a reliable estimate of the time to make repairs to your Dallas house before selling it. And to be honest, contractors never finish things when they say they do so I would add an additional 2 to 4 weeks to the time frame they provide you.
Professional buyers like those at North Texas Cash For Homes and their team will provide you with a timeline for the repair work you can take to the bank. On the other hand, if time is not on your side, the professional buyers at North Texas Cash For Homes can provide you with a guaranteed closing date, often within a matter of days. You have the flexibility to choose your own closing date so if you feel like closing in a matter of days is too fast, then you let them know a better date that works for you. It can even be several months from now if that’s what you prefer.
Talk to the professional buyers at North Texas Cash For Homes about whether or not you should make repairs to your Dallas house before selling it, with no obligation. At North Texas Cash For Homes, our professional buyers will stop everything and take the time to listen to you and your wants and needs. We understand that you have important questions and concerns and we are happy to help provide the answers. To save you even more money, the professional buyers at North Texas Cash For Homes never charge commissions, and there are no hidden fees to surprise you at closing. Why not see the difference working with North Texas Cash For Homes can make for you? Call North Texas Cash For Homes at 214-761-3150.