So, you are stuck between the decision to fix up your house or list it for sale? You are not alone. Many homeowners out there are also on the verge of making that crucial decision. In case you don’t know, home selling in Ontario is a big deal!
Most people will agree that every home seller is aiming for profits. Thus, it is fair to say that whichever option brings you more gain with less stress is better.
So, which one is better? Should you go ahead and spend your precious time and money updating both the exterior and interior of the house? Or, put the ‘for sale’ tag on the property? Well, you will unveil the answer to your question as you continue reading this blog.
First off, this is where the dilemma lies. Whether to fix your house before a sale or selling it as is depends on your situation. Some homeowners prefer fixing their house before selling because they want to sell at a higher price. While that may not be a bad idea, you might end up selling at a loss or very little profit.
For instance, you might put way too much effort, time, and money into fixing your house before listing it for sale. That’s reasonable. Isn’t it? It is a brilliant business mindset to repair every noticeable flaw that may discourage buyers from purchasing your house.
Unfortunately, having done all that, buyers might never notice your efforts. Or, worse still, decide not to pay extra for it. I didn’t mean to break your heart with sad news. But, it happens.
Selling your home as is
Selling your house in ‘as is’ condition is another alternative. Instead of investing way too much time and money into fixing up your home before sale, you can opt for selling it just the way it is. Especially if you are selling a severely damaged house, fixing it up won’t help.
It looks like the most brilliant move for you now is to price the home low enough to draw multiple offers. Let me prepare your mind. In this case, you shouldn’t expect individual buyers to come around. Only flippers and contractors will make offers.
One of the aids of selling your house in ‘as is’ condition is a quick sale. Since you don’t have repairs to make, nothing is holding you down. Contact a cash house buyer and get an offer in a few days. This option is suitable for those who have to relocate to another region as soon as possible or need money quickly to settle some urgent bills.
What about fixer-upper homes?
Yes. Some home buyers claim they prefer to buy fixer upper houses. However, most of them only want a home that requires minimal cosmetic repairs. Generally, home buyers that seek fixer-upper houses are either those that don’t have the financial capacity to buy expensive houses or want to make profits from repairs.
Selling your house as-is can be a better alternative. It doesn’t require much time and money to make it look appealing to a cash home buyer. More so, you will get much more interested buyers and sell faster if you choose to sell your home in ‘as-is condition.
Do You Need An Ontario Cash House Buyer? I Can Help You…
My name is Michael Lee, and I’m a local real estate investor buying houses as is for cash. If you are in a situation where you would like to sell your house quickly, give our team a call at 1-800-610-6171, or click the button below to submit your contact information. One of our house buying specialists will call you within one business day to begin learning about your property and get an offer ready. It’s that easy – So what are you waiting for? Contact us today!