Eric D. Lenz
mark Leach | http://www.fredericksburg-builders.com
You should get a local Realtor there to give you their first hand opinion. Choose one with experience in your neighborhood and suggest they are in the running (or chosen) to get the listing.
Use this question as an intro to interview potential listing agents for your home. You'll get good input and will have made progress on selecting an agent/broker.
Good luck and best,
Unwavering Commitment to Service, Unsurpassed Results
In general good curb appeal will not only sell your house faster but it makes it easier for many loans to proceed. Also, when someone sees a well maintained outside they are more easily able to mentally dismiss other problems they run into inside. It is a proven fact that most buyers will form an opinion of a home in the first couple minutes of looking at a home. I actually was showing houses today and we stopped at one that had paint and siding issues. My buyers decided to not even bother going inside.
You want as many buyers to tour your home as possible. It is how you get it sold for the best possible price. If it is in as poor of condition as you suggest I believe you will find your money to be well spent.
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Please contact me if you would like to discuss your situation further or if you want me to send you flyers to place in the home for buyers to take with them.
Mandy Fritsche, Prospect Mortgage, Mortgage Loan Officer, NMLS# 557211
262-327-5700 Cell, 877-868-9198 Fax, email@example.com
In this circumstance you are probably better off selling "as-is". There are rehabbers and some home buyers who are looking for projects like this that they can either fix and flip or fix to live in and enjoy the sweat equity. I do agree that you most likely would not recover the cost of your updating/upgrades in the sale. It sounds like there is simply too much to do and once you start a project it most likely will lead to another and another and another.
If this home is in a desirable neighborhood it will sell quickly as there will be plenty of upside potential for the investors/rehabbers out there. As already stated have a comparable market analysis done on the home to see what has sold and what your competition would be before making your final decision.
Troy Miller, ABR, RNG
TOTAL Realty LLC