Are you a seller debating whether to hire an agent or go it alone? This may be the most significant choice of your life. Selling to a professional buyer is an option that may save you thousands of dollars! Traditional listings expose you to an unknown end date while also exposing you to all the legal risks and costs associated with selling a home. When making any significant decision in life, it is prudent to enter the venture with a realistic understanding of the risks. Particularly when the consequences of being misinformed could leave you deeply in debt at a time when you are already stretched to the limit. Discover four ways that selling your Lexington KY home now will save you money!
Selling Your House As-Is
Additional losses are the last thing you want or need when selling your home. Particularly if the property is older or has significant problems. You may ultimately be responsible for repairs in traditional listings. Even if your home is being sold “as-is.” Listing your home with an agent or on your own can expose you to exorbitant inspection costs. Depending on the nature of the problem discovered, you may be required to pay thousands of dollars in labor and repairs. Additionally, there may be legal ramifications associated with disclosure laws. All of these costs are deducted from the initial purchase price. Not only can this be extremely disheartening, but it also has the potential to completely destroy any plans you have for the future. By collaborating with professional buyers, you can ensure that the offer is a firm price. You can avoid legal complications and retain your funds rather than paying for repairs. By selling your house now in Lexington KY to a professional buyer, you can literally walk away, which is another way that selling your house now saves you money.
Whether you decide to sell your home on your own or with the assistance of an agent, there is simply no way to avoid marketing real estate. Whoever is in charge of your marketing strategy, you will be the one who pays. Depending on the budget allotted, you’ll want to include professional-quality photos, 360-degree and virtual tours, as well as professional drone footage, all of which are now considered standard for online buyers. The majority of real estate agents now include staging costs in their marketing plans, in addition to the cost of bringing your interior and exterior to magazine-quality presentation. This could range from minor cosmetic repairs to complete renovations and modernization of the property to meet the needs of your prospective buyer. Similarly, standing out in search results requires paying to be listed on the major real estate websites. Avoiding all of these costs when selling your Lexington KY house now will save you money.
After successfully navigating the sale, it’s time to sit down and collect your long-awaited funds at the closing table, which, given today’s business models, may be virtual. By avoiding these closing costs by selling your house in Lexington KY now, you will save money. Commissions are the largest deduction from your sale if you work with an agent. Title insurance, which protects the buyer in the event of a title problem, is frequently paid for by the seller as well. Again, you’ll incur additional costs for transfer fees, recording fees, and property taxes, which vary according to the terms of the contract and the day of the month on which the transaction closes. Certain fees will be fixed, but discounts on some transaction-related services and funds transfer can be found by shopping around.
Whether it’s a result of foreclosure or another change in circumstances, the prospect of a looming deadline that could spell personal financial ruin can cause anxiety. If you’ve been forced to vacate the property before the sale is complete, you may now be responsible for the monthly bills and maintenance of two properties. Contracts for traditional listings frequently include contingencies, such as waiting for the buyer’s home to sell before you can close, implying that your sale is not guaranteed. Frequently, inexperienced buyers back out of deals after several weeks due to a lack of financing qualification. By partnering with a professional buyer, you can alleviate the stress associated with the closing process. When selling your house quickly in Lexington KY, having a guaranteed closing date saves you money.
Simply leave everything to our professionals. Consider! No longer will you have to worry about financing your life while you wait for the closing, repairs, marketing, or closing costs. All you have to do is sell your property to Bluegrass Investment Properties LLC; we’ll take care of the rest. Selling your house to Bluegrass Investment Properties LLC in Lexington KY now will save you money. To learn more about the services we provide, send us a message or give us a call today! (859) 321-6618