If you want to sell a damaged home in Atlanta, it can be a nightmare. Most buyers are not interested when there is visible damage on a listing, preferring homes ready for immediate occupancy. However, if they have the time, inclination, and finances to take on a project, some buyers may take a chance and toss an insultingly low number out to see if it sticks, which can be rather disheartening for sellers. The longer a listing lingers, the more likely the sellers will realize a lower final sales price. One main reason being is that the longer the property sits around and isn’t purchased, the more the owner is paying in holding costs every day via utilities, taxes, insurance, and the mortgage.
If you’ve got a damaged home and want to make the sales process less stressful while earning the most profit, read on as we explore six smart tips to help you sell a damaged home in Atlanta.
Pricing
One of the easiest ways to sell a home is to list it at the right price. Professional buyers like those at ATL Cash Home Buyers can help you understand your current market value. Our professional buyers are happy to help you determine the right price to sell a damaged home in Atlanta. At ATL Cash Home Buyers, our professional buyers are local investors who know the Atlanta real estate market and can help you understand your competition, which plays a role in determining the price. Every city, county and even neighborhood fetch different prices. So, it’s very important to know your area to set realistic expectations on what price you may be able to get for your home.
Don’t Hide Anything
Remembering the legalities of disclosure laws is our next tip to help you sell a damaged home in Atlanta. In Georgia, just like most states in America, it is the legal responsibility of the seller to disclose all material facts to the buyer. Material facts are those that could sway a person to purchase or not purchase a property. So, a leaky roof, a rotten staircase, hail-damaged siding, or your failing HVAC are all material facts that would have to be laid out for the potential buyer. If you know about them and don’t disclose them, you could face legal ramfications.
Fixing any or all of the damages in your home can be very costly and it’s very likely you won’t know all of that information. Professional buyers like those at ATL Cash Home Buyers can help you understand the potential expenses and timeline to correct any areas of concern. Our professional buyers work with a team of skilled tradespeople and professionals to provide reliable data for their offer. At ATL Cash Home Buyers, we practice total transparency and lay every detail on the table for sellers. We want to be upfront and honest with you so that you can make the best decisions possible for you and your family.
Minor Repairs
Another tip to help you sell a damaged home in Atlanta is to improve the appearance by making minor repairs. Sometimes, minor changes in the exterior will give the home a facelift which could leave a lasting impression on an end buyer. Professional buyers like those at ATL Cash Home Buyers can help you understand where to focus your repairs on gaining the most from your investment in your damaged home. Our professional buyers have one main goal which is we hope that you find our offer to be fair. At ATL Cash Home Buyers, we’re your neighbors and we live and work alongside you here in Atlanta. We want to make a deal you’ll feel good about long after closing because our name means everything to us in our community.
Targeting Your Market
Understanding your target market is our next tip to help you sell a damaged home in Atlanta. Most end buyers, those which plan to live in the home after purchase, aren’t going to want to take on a massive construction project while they are going to work daily. 9 times out of 10, you’ll have to find cash buyers who purchase homes needing repairs or total rehabilitation. Their main goal is to get a property at a price where even after repairing the home, they can obtain a profit by flipping the property or create some cash flow via renting the home out to a tenant. Professional buyers like those at ATL Cash Home Buyers can alleviate your concerns about making repairs because we buy homes as-is for cash and assume all the risk and headaches you might not be able to or want to take on.
Know Your Options
Gathering the information on your selling options is the next tip to help you sell a damaged home in Atlanta. If the extent of the repairs is minor and you have the time, finances, and emotional fortitude to tackle the job, it may be well worth the additional profits you would realize. Sometimes, the repairs aren’t minor though and can cost tens of thousands, not to mention tons of your time while you’re still having to go to work daily. Professional buyers like those at ATL Cash Home Buyers will help you compare your profits from listing your home on market with an agent vs. a direct sale to a cash home buyer. At ATL Cash Home Buyers, our professional buyers will help you determine which works best for your circumstances, even if it’s listing with an agent. If listing makes the most sense, we do have a licensed agent on staff that can help you navigate the ins and outs of selling your and getting the most out of your property.
ATL Cash Home Buyers
Our final tip? A direct sale to professional buyers at ATL Cash Home Buyers is the smartest way to sell a damaged home in Atlanta. At ATL Cash Home Buyers, our professional buyers make it easy to sell a damaged home fast, with a guaranteed closing date you can select. We have a full-service in-house team of professionals to make the process efficient. At ATL Cash Home Buyers, sellers never pay commissions or closing costs. When we provide you with an offer, you can expect that money in your pocket (outside of any property taxes or liens you may have on the home). Call ATL Cash Home Buyers at 404-439-9984 and inquire how we may be able to get you out of your problem property and moving towards something better for you and your family.
