Selling your home can be a daunting task, especially if you want to sell it as-is. However, it’s important to know that selling your house to a credible property buyer is very possible and can save you a lot of time and money while avoiding the stress of a traditional sale. In this blog, we’ll provide some guidance on selling your property directly to help you achieve a successful sale of your Portland house as-is.
Why Sell Your House As-Is?
There are many reasons why Portland homeowners choose to sell their properties as-is. Some are dealing with difficult situations such as divorce or foreclosure, prompting a fast sale of their home. Others want to sell their homes quickly without making repairs or paying commissions. Either way, the process has many great benefits for property owners when they need it most.
Run the Numbers for Your Property
The first thing you’ll want to do is to get your numbers in order. What is your home really worth? How much will repairs cost? What have other properties in your area recently sold for? When was the last time the house was inspected or appraised?
Using this information, you’ll be able to determine if a direct sale is right for you. If your house needs a lot of work, it is often wise to avoid listing it on the MLS. Repair costs add up fast, leaving you with a much smaller profit when all is said and done. A direct sale can help you sell your house as-is, while putting more money into your pocket than you may think. Keep in mind that property buyers usually offer a lower price than the market value to factor in the cost of repairs and upgrades, but once you run all the numbers, a genuine offer will add up.
Research Credible Property Buyers
When choosing to sell your home directly in Portland, you’ll want to research credible property buyers. These are individuals or companies that specialize in buying houses in any condition without the need for repairs, upgrades, cleaning, or real estate agent commissions.
You’ll want to do your due diligence on any buyer you choose to work with, as not all real estate buyers are the same. Check their reviews and ratings online, and ensure there aren’t any red flags you should be watching out for. You should also check if they have any lawsuits or complaints against them. This will give you peace of mind knowing that you’re dealing with a credible property buyer who will offer you a fair price for your house. At Bridgetown Home Buyers, we are extremely grateful for our clients throughout the Portland area and care about their wellbeing. As such, we have built a solid reputation for our business.
Be Prepared to Sell
Although you don’t need to make any repairs or upgrades when selling your house directly to a company like Bridgetown Home Buyers, it’s still important to prepare for the change. This means decluttering, cleaning, and getting a plan in place if you will be moving out of the home. If it is an investment property, you will not have as much to worry about.
At Bridgetown Home Buyers, we are happy to work with you on the closing date. We will work on your schedule to ensure a smooth sale and transition for all parties. We can even handle any unwanted items you wish to leave behind.
How Much You Can Expect
You may have a good idea of what your Portland home is worth, but you’ll have to factor in the repair costs too. Some property buyers will offer pennies on the dollar. However, Bridgetown Home Buyers is much different. We pay fair prices based on market value, recent sales, and estimated repair costs. When working with any direct buyer, always be sure that their offers are transparent. Meaning that they can easily justify their offer price and aren’t trying to lowball you in any way.
Closing With a Direct Buyer
The closing process involves transferring the ownership of the house to the buyer and receiving the payment. You should work with a real estate attorney or a title company to ensure a smooth and legal transfer of ownership. At Bridgetown Home Buyers, we rely on a reputable and local title company to facilitate all of our transactions.
You should also make sure that you have all the necessary documents and paperwork, such as the deed, mortgage statements, and tax records, ready for the closing. This will help expedite the process and avoid any delays or complications.
Selling your home as-is is completely possible and can save you a lot of time and money, depending on your situation. You should research credible property buyers before making any decision about how to sell your house in Portland. With the right preparation and a little bit of patience, you can sell your house as-is and move on to the next chapter of your life without any more wasted time or money. Give the team at Bridgetown Home Buyers a call today to learn more about what we can offer you! 503-765-9326