6 Obstacles to Selling Your House (And How to Overcome Them)
Selling a house is never easy. Most homeowners must overcome multiple obstacles to find a buyer, negotiate a deal, and close the sale. Many of these obstacles involve making repairs or upgrades to the house. Repairs can cost thousands of dollars, setting the seller back financially and eating into their profits.
Fortunately, there is a solution for overcoming common obstacles to selling your house. You can bypass the market altogether and sell your house as-is for cash directly to a company that buys houses. Below, we look at six obstacles to selling your house and one simple solution that can help you overcome them.
1. Old or Outdated House
If your house is more than 30 years old, it may be showing signs of wear and tear. Or, due to its age, it may no longer be the type of house that today’s buyers are looking for. In either case, you can’t sell your house because it’s old or outdated.
2. Storm Damage
If your house has been damaged by a tornado, hurricane, hail, ice storm, or flood, it can automatically raise a red flag with buyers. A potential buyer may be hesitant to look at your property for fear of undiscovered problems associated with the storm damage. Buying a previously damaged house may present too much financial risk.
3. Fire Damage
A house can lose its property value by 50% after a fire. If you want to restore its resale value, you’ll need to make the necessary home repairs, which can cost thousands of dollars. If you don’t make the repairs, you’ll have to drop the price of your house drastically to find a buyer interested in buying your house as-is.
4. Termite Damage
Termites can cause damage to the structural wood of your house as well as in areas around your windows and doors. Serious infestations can even lead to damage inside the walls of your home and to the wood furniture inside. You may discover the extent of the damage only when scheduling a home inspection. Consequently, you’ll need to fix it before selling the house.
5. House Full of Trash
Do you have an old, abandoned, or inherited house full of stuff that you don’t want? Chances, any potential buyers will not want the stuff either. You’ll need to get rid of the trash before listing your house on the market. You may also need to make some repairs or home improvements if the trash inside damaged your home's interior.
6. Major Repairs
Perhaps one of the biggest obstacles to a home sale is major repairs. If you need to repair the roof, foundation, supporting structure, electrical system, plumbing, or HVAC, you’ll need to spend the money necessary to get the house in order so that it will pass inspection. It could cost you thousands of dollars, which can eat into your profits.
What is the Best Way to Overcome Obstacles to Selling My House?
The fastest and easiest way to overcome the obstacles above is to sell your house as-is for cash to a company that buys houses. A professional home buyer can assess your property, make a cash offer, and buy the house as-is in as little as a week. There are several benefits to a cash home sale.
- You make no repairs.
- You have virtually zero selling costs.
- You don’t pay and closing costs.
- You sell your house as-is regardless of the condition.
- It’s a guaranteed sale once the buyer makes an offer.
A cash home sale allows you to sell your house in less-than-ideal situations where you need to sell your house fast or get out of a mortgage. It opens up the possibilities that you may not have in a traditional home sale.
Get a Fast Cash Offer from Local Guy Buys Houses
If you need to sell your house fast, let us make an offer. Local Guy Buys Houses can assess your property, make a cash offer, and buy your house in as little as seven days. Call 855-205-5999 to get a fast cash offer.