Fix It or Sell As Is

If you are planning to put your house in the market, it is expected that you will face competition. There are already hundreds of ‘for sale’ houses in your area that you might think to fix your house before putting up the ‘for sale’ sign to set it above the rest. Fixing up means either repair or renovation and there’s a big difference between the two. Repair can be refer to fixing up a broken water system while renovation can be refer to applying a new paint color to any part of the house.

While fixing up can boost your house’s sale ability, it requires time and money. Before you make any decisions, think of your target buyers and how much fixing up will do.

Target Buyers

Do your buyers need a fixed up home? In your area, check the houses that were sold for the past six months. Are they being fixed or renovated before they got sold?

Some buyers prefer a house that requires a little repair. Usually, they are the ones who don’t qualify to buy a more expensive house or they simply want to ‘personalize’ the house. Some buyers are house flippers; they are the ones who want to make a profit by fixing the house themselves.

How far would you go?

While minor repairs are not a problem, over-improving can be an issue. Buyers will normally look for the least expensive house in the most expensive and desirable subdivision they can manage. If you overdo your renovation, this will put your house at the top of the market from the pricing perspective. It’s not bad but it’s also not the best place to be from a selling standpoint.

If the cost of improvement won’t return the investment, it may be unwise to go through with an upgrade. You can sell your house as is and still make some money. Sell your house for cash to private property investors.

Lucas Properties buys houses in any condition. You can walk away with cash in as short as seven days. Contact Lucas Properties now.

Selling Your Apartment: The Basics

More often than not, we tend to forget the basics and simpler ways of making a faster sale. Little things mean a lot; cliche but true. The way you present your apartment to prospecting buyers will determine your success or failure. For a start, place yourself in your buyers’ shoe. Take a look at your apartment from their perspective. Ask yourself this – what are the things that you should consider if you are buying a new apartment?

I want an apartment that is safe to stay. Safety plays a major factor for buyers who have kids. Before the showing, check each room of the apartment for potential safety hazards such as open electrical wires, wet floor, or broken windows. Place your pets in cages or safety carriers. The last thing that you would want is your pets harassing your potential buyers.

Cleanliness and convenience. Buyers who are looking for an apartment do not want to spend their time in revamping the place. Most likely, they are active type, working people, or older people who do not want the hassles of running and maintaining a large house. Even before putting the “for sale” sign, clean your apartment and pack away your personal items that have accumulated over the years. Highlight the amenities such as wonderful pool, sophisticated gym, few minutes away from the bus ride, and skip the traffic by walking to work.

Kitchen and baths. Kitchen and baths are the most used areas of the apartment so make sure that they are clean and safe to use. Remove old cooking equipments, kitchen cabinets should be free of clutter, replace rusted switching knob and handles and repair any water leaks.

“I don’t have time for all of these; can I still sell my apartment?” The answer is YES. Lucas Properties, a private property investor, buys apartments and houses in as is condition. As soon as you accept their offer, you can get away with cash for your apartment in as short as seven days.

Home Selling Tips That Work

There could be several reasons why you want to sell your home – job relocation, family expansion, family reduction, and financial problems. Whatever your reasons are, the ultimate goal is to sell your home as quickly as possible. The following are home selling tips that you can follow to help you reach your goal faster.

Remove emotion from the equation. Perhaps, this is the hardest step that an owner can do. If the emotion prevails, the owner may make decisions that will create situations where it takes longer to sell the property. Such situations are the owner might delay the marketing because he could not let go of his first home, the owner may make the asking price too high because he has invested in his home too much, the owner may refuse buyers who have pets because they don’t, etc.

Let your buyers think that your home is their potential home. As you may have noticed, newly furnished homes for sale lack of personal touch; there are no family photos, no personalized paintings, no sports trophies, and no collectible items. The items that you may see portray “anyone”. This is because vendors would like the buyers to envision themselves in their home.

Choose the right marketing path. You can list your home in free listings and online directories; place your home in an auction, set up a website that you can promote, put a for sale sign near your property, connect with a real estate agent, or sell it to private property investors. Each option has its advantages over the other. However, if selling your home at the quickest possible time with the least stress is of importance, selling it to private investors is your best choice.

Lucas Properties is a private property investor specializing in distressed property solutions. They buy lands, houses, commercial properties and rental properties in as is condition. In as little as seven days, you can go away with cash for your home.