There are many reasons why homeowners sell their property. Often drastic life changes, such as divorce or death, may leave many homeowners ready to walk away. However, with interest rates being so low, it is a great time for them to find a new place to call home. Many sellers have inherited a property that they either simply do not have the time or money to fix with no interest in living in the property. Unfortunately, some sellers can no longer afford to maintain the home and keep up with the monthly mortgage any longer. They are ready to sell the property quickly to avoid the foreclosure proceedings ahead of ever-looming deadlines from their lender. No matter the reason, we will explore how to sell your house in Yonkers without sinking any more money into it.
Sell Your House As-Is
Selling your home in as-is condition is one way to sell your house in Yonkers without having to sink any more dollars into it. Many buyers are looking for homes being sold as-is, because they realize it will be an investment that requires less cash and more elbow grease. When it comes to real estate, any experienced realtor will advise you that you MUST disclose all known issues with the property. Although you can make this statement, and present the home by disclosing this condition, buyers will still require an inspection. Additionally, you are still liable for any issues that may appear after the home has sold, even if you weren’t aware of them.
Renovation Loans
Whether you decide to list the house yourself or with a local realtor, mentioning renovation loans in your marketing to buyers is very helpful if you are looking to sell your house in Yonkers without sinking any more money into it. These programs do have restrictions regarding the borrower’s credit as well as the validity of the projected renovations will have on the home’s value when completed. Be careful to look out for bright-eyed new buyers who may not be prepared to see the deal through. Many times they often end up backing out because their financing falls through.
Lower Asking Price
Another way to sell your house in Yonkers without sinking any more money into it is by listing at a lower price than similar comparable properties. Often sellers will add some room for bargaining in counteroffers. When you are calculating your numbers, do not forget to include the costs of holding your home for a longer period of time. Likewise, consider the possibilities of paying for multiple households if selling due to forced relocation. When it comes to the fast pace of today’s market and savvy internet buyers, you are better off by skipping the game that comes along with the sales price. By starting off with your real asking price, you are very likely to quickly attract more buyers.
House Showings
While it can be a bit uncomfortable having strangers walk through your home, they are an inevitable part of the selling process. It can be stressful having to constantly keep your home ready for showings. In the long run, the day to day effort and inconveniences are well worth it. Being extremely flexible with showing availability is another way to ensure you sell your house in Yonkers without sinking any more money into it. Often, agents find buyers that are ready to buy right now. If they have to tell a buyer there is a 24 hour grace period for the residents to get everything ready, then that can be an immediate turn off. Your willingness to open your home to potential buyers at a moment’s notice will give you the upper-hand when you are competing with other listings on the market.
You can take the risks of selling as-is, lower your listing price, and hope your property does not sit on the market while dealing with the headaches of showings or you can sell directly to Astor Lane Homes! We pay a fair price, you won’t lift a finger, worry about cleaning your house, or be inconvenienced by multiple showings so you can just walk away. Astor Lane Homes provides you with a guaranteed closing date, usually within 30 days or less. Our experts understand all of the risks involved with buying your home as-is, so there is no need to worry about any surprises down the road! What’s the best way to sell your house in Yonkers without sinking any more money into it? Sell directly to Astor Lane Homes. Send us a message or call (914) 266-0055 today to learn more about us and what we can offer you!