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Damaged House? Sell it with these 5 Tips

House with tree damage for sale

Selling your house can seem difficult if there is some damage to the property. If you are lacking the extra cash it will take to repair it before selling, here are 5 tips for selling your house with damage in Clarksville.

Tip #1: Include As-Is in Your Listing

One way to sell your house with damage in Clarksville would be to include the term “As-Is” in your property listing. Letting everyone know that you are selling a house as is will signify that you are not willing to make repairs to the property before the sale, and any interested buyers will understand this. Remember that using “As-Is” in your listing will also signify that there are some issues with your house and may deter buyers, especially since you will not fix any damage. On the other hand, there may be investors with large enough portfolios who are looking for As-Is listings.

Tip #2: Inspect and Disclose Everything!

Another tip for selling your house with damage in Clarksville is to have the property inspected and make sure to disclose any known damage to potential buyers. Making these inspections and disclosures available when you list it helps buyers determine how severe the damage is and if they are willing to repair it once they buy it. Some properties need so much work that it is less expensive to have the structure demolished and build a new structure to the buyer’s taste. Some properties have such a great location that the land itself is worth most of the asking price and it is worth buying and tearing down the structure, especially if it is a great waterfront property or has some other fantastic feature.

Tip #3: Visually Spruce it Up

Another tip for selling your house with damage in Clarksville is to visually spruce it up. The damage might not seem so overwhelming if the rest of the property is taken care of. This may include a fresh coat of paint, a few new flowers in the flower bed, or just simply pressure washing the property. This will help make the property seem more appealing and more ready to be occupied. Keep in mind the repairs that will need to be made so you don’t waste your money improving the look of an area that will just be destroyed during repairs anyway.

Tip #4: Entertain “low-ball” offers

Another tip for selling your house with damage in Clarksville is to entertain “low-ball” offers. If you have added As-Is to your listing, disclosed all known damage, and visually spruced up your property, you will most likely be receiving many offers that are lower than you expected. You may need to entertain a few of these offers and really think them over. Most properties with damage don’t receive offers near the average market value, so you may have to sell at a lower amount than you maybe would prefer.

Tip #5:  Sell Directly to a Home Buyer

One of the easiest ways to sell your house with damage in Clarksville is to sell directly to a professional home buyer. Most of these buyers are in search of any property they can find and are willing to purchase them with damage. Most of these home buyers will also make you cash offers and can close quickly. This would be the ideal buyer to go with because you do not have to work with a real estate professional, you probably won’t have to deal with showings or order inspections or do any improvements at all to your property. Again, you should be prepared to receive a lower than market value offer from these buyers since they are willing to put in all of the work and may also pay for your closing costs!

newleafhousebuyers

Jordan Crain is the founder of New Leaf House Buyers. He is a licensed civil engineer and uses this unique skillset to understand homeowner's problems and helps them find a way to get rid of their housing headaches. He lives in Clarksville, TN with his wife and sons where he enjoys hiking at Land Between the Lakes NRA.

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