Home Selling in 90001>Question Details

Ccsigler, Home Seller in 90001

I have a property that my dad left me and I want to sell, but it needs some work and don't have much money to put into it.

Asked by Ccsigler, 90001 Wed Jun 1, 2011

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You could start with a list of what needs to be done and then fix only the top 2 or 3 depending on cost. You could also get some contractors out to give you some quotes. It might help knowing how much money it is going to take to get ready for sale. Some nice nuetral paint and freshly cleaned carpet/ floors along with a good house cleaning can go along way to getting that house sold. Keep in mind its all about presentation to the masses. If its priced right, looks right and smells right it should sell.

Good Luck!
1 vote Thank Flag Link Wed Jun 1, 2011
Hi Ccsigler

What is your goal for this property? Do you want top-dollar, max profit based on it's current condition or just looking to sell and move-on.

I have a few all cash investors that are looking for properties in poor condition, keep in mind the offer will be priced accordingly.

Contact me if you would like to discuss,

Good Luck
Monica Hernandez
Bankers Realty Exclusive, Inc
0 votes Thank Flag Link Wed Jun 8, 2011
There are a number of options that you can negotiate that can help you sell this property.
I would love the opportunity to discuss these options with you and get the opportunity to earn your business.

Thank you.

David Akram
Realtor, DRE# 01891274
Century 21 All Moves
Contact: http://contactme.davidnewhome.com
Web: http://www.DavidNewHome.com
Blog: http://blog.davidnewhome.com
FREE Monthly Newsletter: http://newsletter.davidnewhome.com
Web Reference: http://www.DavidNewHome.com
0 votes Thank Flag Link Thu Jun 2, 2011
Another option that you might want to consider is partnering with an investor to rehab and flip/rent that property. A third option is for you to sell it outright to an investor as-is. Please keep me in mind if you're interested in pursuing either option. You might also want to reach out to some other investors in your area.
0 votes Thank Flag Link Wed Jun 1, 2011
Hi Ccsigler,
YOu can sell the home "As-Is" but you will have to keep the price low, to attract buyers.
0 votes Thank Flag Link Wed Jun 1, 2011
Sell it "as is". Interview three agents to give you their opinion. Make sure they are local, full time, experienced, and have a plan of action.
0 votes Thank Flag Link Wed Jun 1, 2011
Glen and Anna give you good advice. I will add that sometimes small cosmetic fixes can increase curb appeal thus increase value by a small amount and decrease the amount of the time it takes to sell the home.

Here are a few things that are free or at least inexpensive:

Remove clutter - clean the home up as if you were having guests over.

Depersonalize – Take down photos and personal items. It makes it easier for people to envision the home as theirs.

Remove some furniture – If the home is small or has small rooms remove some furniture that will open areas up. even if rooms are large taking some furniture out can make it appear even larger.

Paint – Exterior and interior painting is inexpensive and on a smaller single story home may be able to be done by you. This is a huge benefit when selling a home.

Yards – Get rid of weeds and put down new bark where there is old. This is an inexpensive and easy process and combined with painting can change the entire look of the yard and add tons of curb appeal.

Just a few ideas for you. I am sorry for your loss. Best of luck to you.

Best Regards,

Eric Soderlund
0 votes Thank Flag Link Wed Jun 1, 2011
I currently have 2 homes for sale in the same area and both are fixers. Sometimes buyers are looking for a lower price even if they have to put a little money into the property to make it their own. There are also loans out there that can be used to finance a property and get some money to fix it up. There are also all cash buyers out there! Don't put any money into the property without speaking with an agent, because you need to know if it would even be worth fixing. If you need some assistance I have an office very close to your zip code and might be able to help!

Good Luck!
0 votes Thank Flag Link Wed Jun 1, 2011
Some times its best to go with what you are able to do. Plenty of buyers would like a fixer upper which can help them get in at a lower price. In the current market you may be better off pricing it for what it would currently sell for, get you cash and not have to deal with it further. Interview some agents in your area, and see what they recommend.

Web Reference: http://www.maui4rent.com
0 votes Thank Flag Link Wed Jun 1, 2011
Consider inviting a few local agents from different realty companies, ask for their opinion about the needed work and also ask for a cma, comparative market analysis, in order to establish a value--then go from there.
0 votes Thank Flag Link Wed Jun 1, 2011
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