Selling Your Kentucky Home With Repairs Needed
Disclaimer: The content and information in this page is meant for guidance and general information. It should not be used as a substitute for professional and/or legal advice. We Buy Property In Kentucky is a local house buying company that can buy your house that needs repaired in Kentucky without requiring you to do a thing.
If you want to sell your Kentucky home, then you’re probably feeling your schedule tighten up. You’re busy as it is, but getting your house ready for sale adds another dimension of stress. It can be overwhelming when you look around and wonder what project to tackle first. It’s also tough to look at your house with an objective eye. After all, it’s your house.
When you get your house ready for market it’s not just about the staging. The bones of the house are actually more important that any decorations that you put up. The bones of the house matter more than anything. If your house a substantial amount of repairs needed or major system issues, it can slow the selling process for you.
It’s important to examine what repairs your house needs and what those repairs entail. Each repair will require time and money (in most cases both). Before you get your hands dirty, you should consider if it’s worth it, or not, in order to sell your house.
We’ll examine what challenges you may face when selling your house in Kentucky that needs repairs.
Buyers are usually looking for a house that meets their needs and satisfy their criteria. Buyers want a house that they can move in and get settled. Typically, they’re not looking to purchase a house with a bunch of headaches. Moving is hard enough. It’s rough moving and then as soon as you get everything sorted, you have to take on renovations. Few people are looking to buy a house that needs extensive repairs.
Common Extensive Repairs Needed:
We’ll take a look at these repairs, what they indicate and possible solutions for these problems…
When buyers drive up to your house, they see your windows. If you have visible damage to your windows this can turn buyers off before they even enter the property. If your windows are broken then they definitely need replaced. If your windows just need repaired then it’s still something worth considering before you sell your house. A house with old windows can cause your energy bill to rise unnecessarily. You can repair or change the gaskets on your windows and avoid replacing your windows. New windows for an entire house can be quite costly. This is a bill that is tough to pay before you sell your house if you don’t have a decent amount of savings lying around.
Drywall Damage: Cracks & Holes
Luckily, drywall is on the inside of your house. If you have cracks or holes in your drywall buyers won’t be able to see this until they enter your house. However, no one wants to see punch or nail holes in drywall. The nice thing is that drywall isn’t too hard to fix. In lieu of calling someone to fix your walls, you can usually patch them up yourself. The size and extent of the damage to your drywall will determine the path you take. Fracture-line cracks or tiny holes are easy to fill in. If you have a very large hole in your drywall then you may need to install an entire new sheet. Drywall issues should be repaired or at the very least, disclosed to buyers rather than covered up when you go to sell your house.
The roof of a house is often overlooked. It’s a very important part of the house, but due to being out of your regular eyesight it can get ignored. The average roof lifetime can vary depending the type of roof and design. Most houses made of fiber cement shingles can last around 25 years. However, storms or adverse weather can quickly decrease that lifetime. Regardless, a house will quickly deteriorate without a proper roof protecting it from the elements. Roof repairs are annoying as they are out of site, but just as important as a cosmetic fix as it protects your house. New buyers will not want to deal with a leaking roof or missing shingles. There are plenty of roof companies that can do repairs or replace the entire roof if needed. This is not a job for an untrained professional to tackle on their own.
Cracks in your basement drywall are a good indication that you have some foundation issues. The issues can vary depending on the width and length of the crack. In some cases, a new house can develop cracks in the drywall as it settles. Houses expand and contract with the fluctuations of weather and season changes. This slow movement bows the drywall in different directions and can cause cracks. On the other hand, if you have a large crack, it could mean that you have a serious foundation issue. When houses are built, they dig out soil to lay the foundation. After the foundation is complete, they fill the dirt back in around the house. This new dirt is less packed than the other dirt on your property and more susceptible to hold moister. As moister builds up, the soil becomes heavier and packs down. As the weather changes and the water freezes, it expands. This can cause additional pressure on your foundation, eventually creating a fracture or crack. It’s best to call a professional in this case to seal it or make repairs as needed. Foundation repairs are a major turnoff to a buyer. Without repairs your basement can leak which opens the door to a entire new set of problems.
If you have missing siding, this is something a buyer will call out as they pull into the driveway. It’s easy to see siding issues from the outside and it’s not a good look. It can be very tough to match the siding color if there isn’t any extra siding around to replace the missing piece. If you have rotting siding, it’s even more troublesome as this could mean that there are other issues with the wood of of your house. Are there structural problems that cannot be seen from the outside? Why is the wood rotting? Were there other parts of the house not finished properly? When you see rotting siding, it needs replaced. It’s best to remove or cut out the rotting pieces so you don’t grow mold or let the moister to spread into the interior of the house.
Selling Your House On The Market With Repairs Needed
If you’re gearing up to sell your house, then the chances are that you know about the issues your house has already. It’s helpful to conduct a tour to determine what needs repaired, replaced and what jobs need a professional to handle. If you know what the issues are, you can point them out to your realtor or yourself if you choose to sell your house by owner.
Almost all home transactions will involve an inspection. Inspections are commonplace during the home selling process. Inspectors are paid to come to the house and uncover issues. It’s best to be upfront with your buyers from the start, rather than letting an inspector find issues.
selling your house in Kentucky will result in a law suit and your liability for all repairs when eventually discovered by the buyer.: Any known repairs that are needed must be disclosed in writing to a buyer. Making quick cosmetic repairs without proper remediation with the intent of concealing the needed repairs for the purpose of
Once the inspections are finished and the buyers know all of the issues, it’s their call (based on your contract). In some cases they may request a price reduction to account for the needed repairs or they could require the repairs to be made prior to closing on the house. Some of the above repairs are quite extensive. The aforementioned repairs can be minor or large. Due to the large variance in price for the repairs, many buyers may not be willing to take on the headache or risk. As the seller, you’re either in a position where you need to spend money in order to get your house sold, or you’ll need to lower your asking price.
Selling your home as-is in Kentucky is one of the fastest ways to sell your house. It doesn’t necessarily matter what issues the house has as long as you sell it at the right price. When you list your property “For Sale As-Is” you’re telling the market that the house has issues, and you’re unwilling to make the repairs. You are up front that there will be repairs needed and anyone that comes to look at the property should come with an open mind. Some buyers enjoy purchasing homes as projects. The repairs needed and the extent of the repairs will still affect your purchase price, but you won’t have to worry about making or paying for repairs yourself.
When you go this route, you should realize that you are more likely to get a lower price for your property. The nice part about this strategy is that you can sell your house fast and you don’t have to deal with the costs, headaches or stress of repairs and maintenance. You also won’t have to go back and forth to convince weary retail buyers. You’ll typically get interest from real estate investors when you sell your Kentucky house as is. This is a great route when you don’t have the luxury of time or money to deal with the repairs. If you’re on a time crunch or you’re just ready to part ways and sell your home in Kentucky then this is an ideal strategy.
We Buy Kentucky Houses With Repairs Needed
We buy houses in Kentucky each month and we close quickly. We pay cash for houses in Kentucky because it’s faster and easier for us both. We don’t have to wait on banks or lenders to approve funding. We buy houses as is and we don’t require you to make costly repairs or pay closing costs. That’s right, we pay all closing costs and we work very quickly. When you sell your house to us, our number one priority is you. Yes, we buy houses in Kentucky, but we do much more than that!
We Buy Property In Kentucky is a top house buyer in Kentucky for a reason. We’ve worked hard to build our reputation. We buy houses in Kentucky and and we have a proven track record. If you reach out to us, we will visit your property and conduct a free consultation. If you choose to sell your house to us, our selling process is incredibly easy. We do all the work so you don’t have to lift a finger. We help people solve challenging real estate problems and we’re ready to help you! Just fill out the form below and see for yourself!