What You Can Do With Your Louisville Home Needing Expensive Repairs

by Oct 30, 2021

When it’s time to sell your Louisville home for one reason or another, it’s normal to worry about the work that needs to be done to make your house appealing. However, what if you just don’t have the time or money to fix your home in time for the sale? Don’t worry, the experts here at Rylo Homes are ready to help. After going through this article, you’ll find out that you don’t need to invest in a lot of money just to make a sale.

Don’t worry if your Louisville home needs repairs. You can still sell your house without spending a fortune on it by following the tips we’ll share with you below.

How To Sell Your Home In Need Of Expensive Repairs In Louisville, KY

Just because your home might be a fixer-upper doesn’t mean you have to spend a lot of money on it. After reading this article you’ll find out that there are many things you can do with your Louisville home.

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Invest In Your Property’s Curb Appeal

One of the best things you can do to make a good first impression on any buyer is by investing in your property’s curb appeal. You don’t have to spend a lot on landscaping. In fact, by simply making sure your lawn is clean and easy on the eyes can do wonders on your home’s value. According to some studies on real estate, landscaping and curb appeal can directly impact the value of your property by as much as 12%.

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Focus On Minor Cosmetic Fixes

If your home is in dire need of repairs but you don’t want to fork out a lot of cash to have a bigger return on investment, you should at least focus on minor cosmetic fixes that could beautify your property. Minor cosmetic fixes like repainting your entire house, replacing that broken tile, or switching out light fixtures for newer ones might just increase the sale value of your home. These minor cosmetic repairs will go a long way toward improving your property’s appeal to your prospective buyers because it will look “new” instead of boarded-up and dated.

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Sell Your Home in As-Is Condition.

Another way you can still profit off of your property despite it needing a lot of repairs is by selling it in as-is condition. Selling your Louisville house in as-is condition simply means you’re choosing to sell your property without making any repairs. Your buyers know upfront that you won’t be making any major renovations to the property-what the buyers see is what the buyers get. However, just because you’re selling your home in as-is condition doesn’t mean your buyers can’t request for a home inspection. They can, and you are legally required to disclose everything found on the inspection report. Keep in mind that when you’re selling your home in as-is condition, you’re likely going to get a selling price lower than fair market value.

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Market Your Home To The Right Buyers

If you don’t want to make repairs on your property, there’s another way you can make your home more appealing. This is by marketing it to the right buyers. Focus on your property’s strongest selling points. While your home might not be in top condition, it might be situated on a wide piece of land or near school districts and business districts. Use these unique selling points to your advantage and still land a great deal on your fixer-upper.

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Price Your Home Right

Another thing you can do with your home needing expensive repairs is to price it right in order to attract more outright buyers. Before having your home listed for sale on the MLS, you should have done your research regarding home values. Of course, a home below average condition should be priced below fair market value. You should compare your homes with other as-is house listings in the area and price your property accordingly.

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Sell Your Home To A Cash Homebuyer

Of course, if you’d rather not exert all that effort into selling your home yourself, you can always choose to sell it to a cash homebuyer in Louisville, KY. With a cash homebuyer, you can expect a speedy, efficient transaction with cash. For instance, here at Rylo Homes we’ll buy your home regardless of the condition it’s in. You don’t have to worry about hidden fees, realtors, and expensive repairs.

Need More Info?

If you’re looking for a cash home buyer in Louisville, KY and are interested in selling your home, we buy houses here at Rylo Homes. We are a real estate solutions company that specializes in solving your real estate problems for you. You don’t have to worry about repairs, we can handle all that and more for you!

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. For more information about our home buying process, give us a call at (502) 317-8553 today.

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