In today’s post we talk different strategies that you can use to avoid the ugly costs and closing fees that comes with selling your house.
If you have listed a Oklahoma City house in the past, you know that it can be an expensive and time-consuming process. Depending on the property and situation, home sellers in Oklahoma City face a number of costs when putting their homes on the MLS. Listing can require you to make repairs, do excessive cleaning, market, stage, and prepare the property for open houses and showings.
Whether you choose to work with a direct buyer or list the property on the Oklahoma City MLS, in order to avoid costs, the property will need to be sold as-is. More often then not, this means selling the house quickly to an investor or to a private buyer. While you can choose to list it, houses that need work don’t always photograph well and could end up sitting on the market for a while before a buyer comes along.
Most people looking for houses on the MLS are looking for a property that they can move into right away, without having to spend any time or money fixing it up. If you are able to sell your house as-is, you will potentially be able to save yourself thousands of dollars! According to BankRate, you can expect to spend about 10% of the price of the house when you list it on the MLS.
Finding The Right Buyer
Not all buyers are up for making repairs. If your house needs some work, you will need to find people up for the task. Houses that aren’t visually appealing don’t do as well on the MLS. Pictures are the first thing people see, so a run-down house isn’t going to look as appealing as the turnkey property next door. If you are selling your house as-is, without making repairs or upgrades, you’ll need to find a buyer who is ready to take on the challenge. Local Oklahoma City investors can help you by purchasing your property outright without any hassles or hang-ups. Just keep in mind that not all investors are the same. Some won’t be able to follow through on their offers and some won’t make realistic offers at all. That’s not the case with McKinnon Home Buyers! When you sell your house to us directly, you will be able to avoid commissions, repair costs, and many other expenses Oklahoma City homeowners face when selling their properties. Plus, you will never have to worry about the sale falling through at the last minute.
Where You Can Save
There are numerous costs sellers face when putting their house on the MLS. Most houses require repairs and possibly upgrades to stay competitive with others on the market. Some homeowners opt to decorate or stage their home to make it more appealing for photos and showings. There are the continued costs while the house sits on the market for things like utilities, maintenance, and taxes. Then, to top it all off, when the house does eventually sell, the homeowner will have to pay agent fees and commissions, which will likely total thousands of dollars. Also, when you are dealing with private buyers, you should be prepared for negotiations after the inspections and appraisals have been completed. And if your buyer is using financing, the house needs to appraise high enough in order for the loan to be approved. All of these costs can add up to a fortune. Many home sellers walk away with much less then they had intended when listing a house in Oklahoma City. With a fast and direct sale to McKinnon Home Buyers, all of the aforementioned costs can be avoided, helping you to sell your house without any cost.
If you are able to find a buyer who can close quickly on the house, you will potentially be able to save thousands. The costs of owning a house add up fast. Ask any flipper and they will tell you that the longer you hold a property, the more it is ultimately costing you. If you list your house, it could take months before all is said and done. But with a fast and direct sale, without agents or lenders, you will immediately be free of the property’s financial requirements. There will be no more tax obligation, homeowners insurance premiums, utility bills, or maintenance costs.
By working with us, you won’t have to pay for repairs, cleaning, marketing, or any more holding costs. You will receive a fast closing, providing you with your cash right away. You’ll be able to immediately end all holding costs and troubles you are facing that have arisen from your unwanted Oklahoma City house.
Learn more about how to sell your house without any cost by giving us a call today! 405-300-5817