Today’s homeowners may remember the 1986 movie, The Money Pit, where Tom Hanks and Shelly Long portray characters Walter Fielding and Anna Crowley who buy a beautiful house from a con artist. The mansion-sized house ends up being anything but a home as the couple struggles with endless repairs and a dilapidated foundation. However, this comic tragedy doesn’t have to become your life if you find yourself in a situation where you need to sell your house but can’t afford to repair it.
You don’t have to be like Anna Crowley and Walter Fielding who end up having more than their house collapse. Instead consider solutions for selling your home fast. You can become a DIY homeowner and cut expenses, work with a realtor or consider a cash offer on your home to get out from under the mounting repairs.
With YouTube and other videos out there covering everything from how to replace a toilet to how to grout tile, you could probably become resourceful and cut costs with do-it-yourself repairs. However, this can be time intensive and can be expensive if you are not already an expert in the project. Plus, you still have to factor in the cost of materials. If your budget allows, this is one way to cut costs on repairs that could get your home back in shape to sell with a realtor who will list and market your house for you.
You could also find a realtor who is willing to take on your house as an “as-is” listing and hope for the best. Many realtors won’t touch a home that requires a lot of repairs because of all the disclosure paperwork needed in the state of Texas. Houses that have repairs needed must disclose them to potential buyers and the buyers will then want their own inspectors to go over the repairs before signing on the dotted line and finalizing your house sale.
Many times this means multiple inspections if your house needs multiple repairs. Getting all the inspections scheduled can be time consuming, and even then there is no guarantee the buyer will move forward. Add in the realtor commission fees, and the fact that potential buyers will use the need for repairs to try to whittle down your asking price and you are still shelling out your hard-earned cash that you don’t have to sell your house in need of repair.
When you are overwhelmed by the need for repairs on your house and just want to unload the burden, working with professionals who have the funds to refurbish a home before placing it on the market can help. We are invested in helping you come up with the best solution for your needs and care about the houses we purchase. We pay cash for houses in an “as-is” state and can help you get out from under a financial crisis while still being respectful of your situation and your home.
Our years of experience in the housing market have taught us the value of working with homeowners who have project homes so they can have cash in pocket fast without the worry of working with contractors or going into further debt to keep a house that has become a money pit. Contact us by phone or through the online contact form and we will be happy to set up an appointment to look at your house and offer cash payment for a quick resolution to your problem.
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