How To Sell A Fixer Upper House In Tennessee
Selling a fixer-upper house in Tennessee can present unique challenges, but it also opens the door to exciting opportunities. If you own a property that needs significant repairs, updates, or renovations, you may feel overwhelmed by the thought of trying to sell it on the traditional real estate market. Buyers often seek move-in-ready homes, and the prospect of tackling a fixer-upper might deter them.
Fortunately, there are ways to successfully sell a fixer-upper in Tennessee without undergoing the stress and expense of major repairs. At New Horizon Home Buyers, we specialize in purchasing homes in any condition, including fixer-uppers. In this guide, we’ll walk you through the process of selling your fixer-upper, explain the best strategies, and show how we can help you achieve a quick, hassle-free sale.
What Is Considered a Fixer Upper?
A fixer-upper house is a property that requires significant repairs, renovations, or updates to be brought up to market standards. These homes often have outdated features, structural issues, or deferred maintenance that need attention before they can appeal to a wide range of buyers.
Common Characteristics of Fixer-Uppers:
- Outdated kitchens and bathrooms: These are high-priority areas for most buyers, and outdated fixtures can reduce the value of your home.
- Old roofing, plumbing, or electrical systems: Aging infrastructure may need to be replaced or repaired to meet modern safety standards.
- Cosmetic issues: Peeling paint, worn flooring, and damaged walls can detract from the home’s appearance.
- Deferred maintenance: A lack of upkeep over the years can result in multiple small issues that add up to big concerns for buyers.
We Buy Houses In Tennessee
Sell Your Home Without A Realtor!
At New Horizon Home Buyers, we specialize in buying TN houses directly from owners who want to sell their home fast for cash without using a realtor. Here’s how our simple home selling process works…
Step 1
FILL OUT THE FORM
Fill out the form to give us some basic information about your property.
Step 2
GET YOUR CASH OFFER
We will contact you to discuss your cash offer with NO Obligation to accept.
Step 3
GET PAID
We schedule a closing date that works for you and you get paid!
Should You Sell As-Is or Make Repairs?
When selling a fixer-upper, you have two primary options: selling the house as-is or making repairs to improve its condition before listing it. Each option has its pros and cons, and the right choice for you will depend on your budget, timeline, and goals.
Selling Your Fixer Upper As-Is
Selling your house as-is means you won’t need to make any repairs or improvements before selling. This option can save you time and money, especially if the repairs are extensive or costly. By selling as-is, you are essentially leaving the responsibility of repairs to the buyer, who will likely account for these costs when making an offer.
Pros of Selling As-Is:
- No upfront costs: You won’t have to spend money on repairs, renovations, or updates.
- Quick sale: Selling as-is can speed up the selling process, especially if you sell to a real estate investor like New Horizon Home Buyers.
- Less stress: You avoid the hassle of managing contractors and dealing with renovation delays.
Cons of Selling As-Is:
- Lower sale price: Buyers will factor in the cost of repairs and may offer a lower price for the home.
- Limited buyer pool: Some buyers may be hesitant to purchase a fixer-upper without knowing the full extent of the necessary repairs.
Making Repairs Before Selling
Another option is to invest in repairs or renovations to increase the value of your home before selling. By fixing up the property, you may be able to attract more buyers and sell for a higher price. However, this approach requires time, money, and effort, and there’s no guarantee that you’ll recoup your investment.
Pros of Making Repairs:
- Higher sale price: A move-in-ready home is more attractive to buyers and may sell for a higher price.
- Larger buyer pool: More buyers may be interested in your property if it’s in good condition.
Cons of Making Repairs:
- Costly and time-consuming: Repairs and renovations can quickly add up, both in terms of time and money.
- Risk of over-improving: You may not recover the full cost of the repairs in the sale price, especially if you invest in high-end upgrades that don’t align with the neighborhood.
We Buy Houses Without The Hassle
Competitive Cash Offer
We will work with you to make a fair cash offer for your home that’s a win-win for everybody.
No Fees Or Realtor Commissions
We buy the house directly from you. There are no realtors involved which means no realtor fees.
We Pay Closing Costs
We pay the closing costs associated with selling your property so you don’t have to.
Fast / Flexible Closing Dates
You have total flexibility to choose when you want to close. Sell your house fast or take your time. It’s up to you.
No Cleanup Needed
Don’t worry about cleaning up the home or fixing anything. We will buy your house totally as-is.
Got Another Offer? Let Us Try & Beat It!
We can often offer more than other cash home buying companies. There’s no obligation so what do you have to lose?
Cash Home Buying Company In Tennessee
“My wife and I recently sold an investment property to New Horizon and we could not ask for a better experience. Erik was incredible to work with and made each step of the process smooth and easy. Looking forward to working with them again!”
–Matthew Bonadies
How to Sell Your Fixer Upper House in Tennessee
1. Assess the Condition of Your Home
The first step in selling your fixer-upper is to assess the condition of the property. Make a list of all the repairs and updates that need to be made, including both major and minor issues. This will help you decide whether to sell as-is or invest in repairs.
Consider getting a home inspection to identify any hidden problems, such as structural damage, mold, or electrical issues. A professional assessment can give you a clearer picture of the work that needs to be done.
2. Set a Realistic Asking Price
Pricing a fixer-upper can be tricky. You want to attract buyers, but you also need to account for the cost of repairs. If you’re selling as-is, it’s important to set a realistic asking price that reflects the condition of the home.
Work with a local real estate agent or an experienced investor like New Horizon Home Buyers to determine a fair market value for your property. Keep in mind that most buyers will expect a discount to compensate for the repairs they’ll need to make.
3. Market Your Fixer Upper to the Right Audience
When selling a fixer-upper, it’s essential to target the right audience. Not all buyers are interested in a home that needs work, but some buyers, including real estate investors and house flippers, actively seek out fixer-uppers for their potential return on investment.
Highlight the potential of your home in your marketing efforts. Emphasize the opportunity for buyers to customize the home to their liking or invest in a property with significant upside potential. If your home is in a desirable neighborhood, make sure to showcase its location as well.
4. Consider Selling to a Real Estate Investor
One of the easiest and fastest ways to sell a fixer-upper is to work with a real estate investor like New Horizon Home Buyers. Investors are often willing to purchase homes in any condition, including fixer-uppers, and can provide a fair cash offer without the need for repairs, listing, or showings.
Benefits of Selling to New Horizon Home Buyers:
- Sell as-is: You won’t need to make any repairs or improvements.
- Fast closing: We can close in as little as seven days, allowing you to move on quickly.
- No commissions or fees: There are no real estate agent commissions, closing costs, or hidden fees when you sell to us.
- Simple process: We handle all the paperwork, making the selling process smooth and stress-free.
5. Prepare for the Sale
If you decide to sell your fixer-upper as-is, there are still a few steps you can take to prepare the home for sale:
- Clean and declutter: Even if you’re not making repairs, a clean and clutter-free home will make a better impression on potential buyers.
- Provide transparency: Be upfront about the condition of the home and any known issues. Buyers appreciate honesty, and being transparent about the property’s needs can build trust.
- Highlight potential: If your fixer-upper has unique features or potential for improvement, make sure to highlight these in your listing or when speaking with buyers.
Why Pay Thousands In Agent Fees?
We Buy Houses For Cash In Tennessee
Why not request a Cash Offer from New Horizon Home Buyers before you sign a 6 month listing agreement to sell your house with a realtor? We will get you an offer quickly so you can make an informed decision about selling your home. The entire process is 100% FREE and there is no pressure to accept our offer. You have nothing to lose! Compare selling to us vs. selling with a realtor.
Why Sell to New Horizon Home Buyers?
At New Horizon Home Buyers, we understand that selling a fixer-upper can be a daunting task. That’s why we offer a simple and straightforward solution for homeowners who want to sell quickly and without the hassle of repairs. Here’s why you should consider selling your fixer-upper to us:
1. We Buy Homes in Any Condition
Whether your home needs minor repairs or major renovations, we’re interested in buying it as-is. You don’t need to spend time or money fixing up your property before selling – we’ll take care of everything.
2. Fast and Easy Process
We know that time is often of the essence when selling a fixer-upper. Our process is designed to be fast and efficient. Once you contact us, we’ll schedule a visit to assess the property and make you a fair cash offer. If you accept, we can close the deal in as little as seven days.
3. No Hidden Costs or Fees
When you sell to New Horizon Home Buyers, you won’t have to worry about paying real estate agent commissions, closing costs, or any other fees. The offer we make is the amount you’ll receive, with no surprises.
4. Local Tennessee Experts
As a local real estate investment company, we know the Tennessee market inside and out. We have experience working with homeowners across the state and are committed to providing a fair, transparent, and stress-free selling experience.
We Can Buy Your Fixer Upper House Fast In TN
Get your fair cash offer to sell your home quickly and without the hassle.
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Frequently Asked Questions
1. Can I sell my fixer-upper house as-is?
Yes! You can sell your fixer-upper as-is, without making any repairs. At New Horizon Home Buyers, we specialize in purchasing homes in any condition, including fixer-uppers.
2. How do I get a fair price for my fixer-upper?
At New Horizon Home Buyers, we provide fair cash offers based on the current condition of your home and the local real estate market. We aim to give you a competitive offer that reflects the value of your property.
3. How long does it take to sell a fixer-upper?
If you sell to New Horizon Home Buyers, we can close the sale in as little as seven days. Our process is quick, and there’s no need to wait for repairs or financing.
4. Are there any fees or commissions?
No, when you sell to New Horizon Home Buyers, there are no fees, commissions, or hidden costs. The cash offer we provide is the amount you’ll receive at closing.
Get a Fair Cash Offer for Your Fixer Upper Today
If you’re ready to sell your fixer-upper in Tennessee, New Horizon Home Buyers is here to help. We buy homes in any condition, including those in need of repairs or renovations, and we offer fair cash offers with no hidden fees or commissions.
Buy My Fixer Upper House In Tennessee
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