Distressed properties are properties that have been abandoned or foreclosed for some time, and usually they’re in pretty rough shape. Both residential and commercial properties can be considered distressed, and sometimes a property will devolve into a state of disrepair because it’s tied up in probate or there are expensive damages that need to be addressed.
Cash home buyers in Milwaukee are always looking to purchase these properties for a reasonable price. They fix them up and rent them out or sell them for a profit.
If you own a distressed property, use the tips below to sell your house fast in Milwaukee.
Identify Your Home’s True Value
Price your home competitively. In other words, don’t set the price too high or too low. You can try an online tool when valuing your home; these tools compare your home to similar, nearby homes to arrive at a value. These tools can give you a good idea of how much your property’s worth in today’s market.
Listing at a fair price is definitely important. If you set the price too high, for example, you could dissuade qualified buyers from making a fair offer.
Get Help From A Real Estate Agent
It’s important to address every single detail when listing your distressed property; this way interested buyers know exactly what they’re looking at. A realtor can help you create a detailed listing, and they can also suggest renovations and marketing techniques that may get your home sold quicker. You will have to pay a commission for their help (usually 6% of the sale price) but it could be worth it if you want a fast sale.
If you don’t want to pay commissions, consider selling your property to cash home buyers in Milwaukee. They don’t charge commissions and they’ll pay your closing costs.
Try Unconventional Selling Methods
If you’re not in a rush, you can sell your house on your own (FSBO) and avoid realtor fees. But you’ll still need to get a home inspection, make necessary repairs, market the home sale, conduct open houses, and negotiate with buyers.
In short, if you need to sell your distressed property fast and without hassles, reach out to real estate investors. At Metro Milwaukee Home Buyer, we buy houses in Milwaukee regardless of condition, and we can close a deal in under 30 days.
If you’re looking for a 100% as-is cash home sale, get in touch with our cash home buyers in Milwaukee. You’ll enjoy a stress-free home sale with us. Fill in our online contact form to submit your distressed property details and get started!