The repairs it needs are door facing where water damaged the frame, new carpet and fresh paint on the outside.
2007-12-19 01:56:03 · 8 answers · asked by ronda t 1 in Business & Finance ➔ Renting & Real Estate
It would be difficult to nearly impossible without making some type of monetary deduction...it also depends if the house is going to be a total rehab or the buyer wants it to be in move in condition. I would say look for the offer to be decreased for the minor repairs.
2007-12-19 02:00:37 · answer #1 · answered by blaque_strength21 4 · 0⤊ 0⤋
You can sell a property that is basically trashed so long as it's all disclosed.
In this tight market, however, for what you're describing, it's not going to have any profit for someone to take it on as a "fixer upper," so why not fix it up yourself so you have a real chance of moving it in a buyer's market?
For people who are going to live in the house, not try to do some investment, they really do NOT want a "to do" list before they move in. They also CORRECTLY wonder: if a person didn't fix up cosmetics, what ELSE did he not maintain? It's going to be a much harder sell if you have things wrong AND you will take a hit financially. If you get some bids, you can get the work done well for less than you think in all likelihood. You might save some bucks if you move the furniture out of the carpeted areas and possibly rip up and dispose of the carpet itself so it's really just installing it. (If you were handy you could even do that yourself, but you better be handy as it's expensive to mess it up.) If you decide to paint, read up on how to do it. You're going to need a clean surface. Paint over dirt, bubbles, etc. and it will NOT last and a buyer with sense will notice it in a heartbeat.
2007-12-19 14:41:35 · answer #2 · answered by heyteach 6 · 0⤊ 0⤋
yes, as long as you disclose the repairs that need to be made and come off the price of the house for the amount the repairs would cost.
2007-12-19 10:11:46 · answer #3 · answered by Invisigoth 7 · 0⤊ 0⤋
YES
However.
Three scenarios:
1.) You agree to a cheaper price and they fix it themselves
2.) You agree to pay for the repairs and get a higher price.
3.) You Scam them.
2007-12-19 10:05:49 · answer #4 · answered by Quixoni D 3 · 0⤊ 0⤋
Sure, just sell it ''as is'' or "fixer upper", but it would probably sell alot faster if you had the problems fixed before putting it on the market.
2007-12-19 10:04:39 · answer #5 · answered by FrancesFarmer 2 · 0⤊ 0⤋
Yes, of course.
But you'll have to lower the price in order for someone to purchase it.
2007-12-19 09:59:11 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Yes, if you disclose to the buyer what is wrong with the structure.
2007-12-19 09:58:59 · answer #7 · answered by tandkalexander 6 · 1⤊ 0⤋
are you a mechanic????
2007-12-19 10:06:22 · answer #8 · answered by Kanitha S 2 · 0⤊ 0⤋