4 Tips for selling distressed properties in Houston. Selling a home in the best of conditions is difficult enough, but when you add in the aspect of a distressed property, the troubles grow. If you find yourself in this situation, preparing yourself for the reality of the market will help you avoid the pitfalls and shocks of selling a house in less-than-perfect condition while achieving the best potential value for your property.
Furthermore, buyers searching the MLS are usually looking for a home that is ready to move into. This desire might make putting a distressed home on the market a nightmare; there aren’t going to be a lot of prospective buyers. Those few purchasers who show interest often expect to receive a great deal, and they don’t care if you’re offended by their low bids. However, a longer number of days on the market will only help to diminish the property’s value in the eyes of purchasers, and the bills will continue to pile up while you hold the property, draining even more money from your pocket.
We’ve gathered the top four tips for selling distressed properties in Houston.
Value
Owners selling distressed properties in Houston should take steps to determine the current market value in order to be assured that the offer they’ve received is reasonable. To begin, look at the recently sold residences in your area that are most similar to the size and attributes of your home, such as a two-car garage or the number of bedrooms. Second, consider engaging a professional appraiser for the most accurate appraisal if the property is in the early stages of crisis.
Inspection
Owners should hire a professional inspector to get an accurate image of the worth of selling distressed properties in Houston. You’ll have the numbers in hand to deduct from the current market value of homes in move-in condition, giving you a realistic number to aim for as your asking price.
Potential Buyers
It’s critical to comprehend the kind of buyers that will be drawn to distressed properties in Houston. While you might get some interest in the house from first-time buyers looking to save money by doing some work on it, you’re more likely to run into investors who make a living improving houses. These buyers buy houses for cash in almost any condition, putting in time and effort to renovate them, and then reselling them for a profit. You have every right to demand financial records as proof of the buyer’s financial ability to purchase your property.
Big Tex Buys Houses
Last but not least, Big Tex Buys Houses is the finest option for selling distressed properties in Houston that have troubled houses. Because we want you to feel good about dealing with Big Tex Buys Houses even after the deal is closed, Big Tex Buys Houses has spent years assembling a team of the industry’s most renowned specialists. The direct purchasers at Big Tex Buys Houses are your neighbors, and they’re proud of what they’re doing to make life better for everyone in Houston, one home at a time. In terms of value, the experts at Big Tex Buys Houses will clarify every step of the process used to arrive at the figures because we want you to agree that our offer is reasonable.
Big Tex Buys Houses can close in as little as seven days if it has enough cash! Isn’t that a little early? Because [business] isn’t moving in, you’re welcome to stay as long as you want; we’ll schedule the assured closing date on the calendar day that works best for you! Why not let [firm] assist you in resolving your issues with your foreclosed property right now? Call Big Tex Buys Houses at (713) 866-4000 right now!