Lots & Fixers
Have you ever wondered about the following questions?
Is my home worth fixing up?
Is it better to sell my property to a builder or to a conventional buyer?
Can my home be sold “as-is”?
If I sell to a builder, which one will pay me the most money with the best terms?
Is my home a tear down or not?
Some properties are clearly teardowns, meaning a seller will net more money by selling to a developer, with no repair costs, termite work, or closing costs.
Some properties are definitely not teardowns, as they are too nice to be torn down, and are worth much more to conventional buyers. Sellers of these properties will net more money even after factoring in the costs of a sale.
Other properties require careful evaluation to determine if a seller will net more by selling to a developer, or by selling to conventional buyers. Using my 25+ years of experience, I can evaluate your property by determining what it is worth to a developer, and what the net price will be with a conventional sale after closing costs and commissions. When it’s too close to call, it is often a good idea to put a property on the open market, looking to get offers from developers as well as regular buyers.
If it makes more sense to sell to a builder, there would be no need to prepare the property for sale — the property would be purchased “as-is”, which will save you money for costly repairs and termite work, and your valuable time will not be wasted with open houses, phone calls, inspections and other hassles. Escrows can be long or short, depending on your plans. If this option makes sense, I will offer your property to many competing builders at once, the goal being to get multiple offers. Having builders compete over your property will ensure that you receive the highest price possible, at terms that are favorable to you.
If your home is worth more if it’s sold to conventional buyers, I can suggest ways to get your property looking its best, help price it properly, and market it in a way that exposes it to the entire marketplace, thus ensuring top dollar for you.
Call me OR e mail me for a free, no obligation appraisal, and put my 25+ years of experience to work for you!