So you’ve suddenly inherited a fixer-upper in Louisville. Or, perhaps, you’re dealing with death in the family and now the home located in Louisville is in probate and left under your name. Whatever the reason may be, you now have a spare Louisville property which you don’t know how to deal with.
Don’t worry, because you’re on the right page. Here at Rylo Homes, we seek to help homeowners like you solve their real estate problems. Here’s everything you can do with your extra Louisville property.
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Renovate your property
One thing you can do with your extra Louisville property is to renovate it. Whether you decide to live in it, rent it out, or sell it, having it renovated is a logical first step. If you’re worried about finances, keep in mind that you don’t have to spend a lot of money on renovations. Even just investing in an overall paint job can do wonders to the physical appeal of your property. Your home renovation should be aligned with your plans for the property. If you’re planning to sell it or have it rented out, you would benefit more if you decided to renovate your home according to the most popular home improvement trends in the neighborhood. Some ideas for renovation that you should look into: bed and bath, basement, and amenities.
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Remodel your property
Another way you can change things up with your extra Louisville property is by remodeling it. Now, you may ask, how is this different from renovating your property? Well, remodeling entails some changes to the structural foundation of the home. For instance, if your home used to be a bungalow, remodeling it would mean having a first floor installed. This move is done best if you’re planning to live in the home or envisioning it to be your vacation home.
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Rent out your property
If you’re thinking along the lines of profit, then renting out your extra Louisville property might be the best move for you. After a few tweaks and cosmetic upgrades here and there, you should prepare to advertise your home online. Make sure to highlight your home’s selling points to attract a sizable number of possible tenants. Before you go down this route, however, make sure to do your due diligence when it comes to laws involving landlords and tenants. Hire a lawyer to draft a contract if you have to.
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Sell your property through FSBO
Another thing you can do is sell your property yourself. On MLS (multiple listing service) sites, this is known as FSBO or for-sale-by-owner. This label is placed on properties where the owners themselves are selling the home. This tells potential buyers that they usually won’t have to deal with a real estate agent throughout the entire buying process. However, one downside of selling through FSBO is that you will be in charge of literally all the responsibilities involving selling your home. This includes open houses, holding shows, talking to clients, and preparing paperwork.
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Sell your property to a professional home buyer
One of the fastests ways to dispose of a property you don’t want is by selling it to a professional home buyer. When you sell to a direct buyer, you don’t have to worry about making your home presentable enough for showings. You don’t have to shell out money for open houses and pay for other showing-related expenses. Cash homebuyers buy your home as-is. You don’t have to do any repairs to improve the condition of your home before you sell it. Selling directly to a homebuyer usually means a faster selling process. This is because you’re eliminating the variables of waiting for offers to come in and negotiating the price with your potential buyers.
Convinced that selling your property is the next best thing to do? You’re in luck! Because here at Rylo Homes, we buy houses for cash in Louisville, KY, regardless of its condition. You don’t have to worry about how your home will fare against other properties in the neighborhood. In Louisville, KY, we buy ugly houses, beautiful houses, probate houses, and abandoned houses for a competitive price!
READY TO SELL? BOOK A CALL WITH US TODAY
If you live in Louisville, Kentucky and are interested in selling your home, we can help here at Rylo Homes. Rylo Homes is a cash homebuyer in Louisville, Kentucky. We are a real estate solutions company that specializes in solving your real estate problems for you. We buy houses in Louisville, KY, and will act as your personal guide during your home selling process.
Our goal at Rylo Homes is to improve the overall quality of housing for the residents at Louisville, KY. We buy houses in just about any condition and situation, including foreclosure, late mortgage payments, or fair market value. When you choose to sell to us, you don’t have to wait weeks and months just to get good offers. We’re direct buyers and we pay in cash to arrange a quick close. For more information about our home buying process, give us a call at (502) 513-4430 today.
