The ugly houses may be even easier to sell than the pretty ones. This is because real estate investors are always looking for houses to buy and they aren’t looking for perfection.
Selling Ugly Houses – Charleston South Carolina: There is no point in being concerned about the condition of your property if you want to sell it for cash to a real estate investor. They don’t worry about small details like a leaking roof or an outdated heating and cooling system that needs to be replaced. They don’t care if you have 10 years’ accumulation of random junk in your storage shed behind the house. It will be cleared out and removed from the property. The repainting of the exterior will be in their hands as they buy the most awful looking houses on the market with regularity.
Take a look at the real estate investment advertisements for the area. You’ll hear them claim that they will buy ‘ugly houses.’ You will see the advertisements inviting you to call no matter what the condition of your house so they can give you an offer. You might like the offer, or you may not. In any case, it costs nothing to approach them and ask.
The discounted rate at which they purchase these types of property allows them to do the work to fix them up, and then sell them for a profit or they often will prepare them to accept renters. That way they still own the property but the tenants help to pay off the mortgage. It’s a tricky time to sell houses so many investors are choosing to buy and hold the property while renting it out, knowing that the market will certainly improve someday at which time they can sell for a profit.
Their whole reason for buying houses is to make a profit. Renting gives them a monthly cash flow, while fixing and flipping, or re-selling, is another common way that they make profit in real estate sales. You can call if you know you’ll be selling your house soon, or if you already have it on the market. It can take a year or even longer to sell these days, so if you don’t have the time to wait or you just want to avoid the hassles that come with selling a house, go ahead and ask for someone to give you an offer.
It will be lower than the current market value of course, as they must factor in the cost of repairs and sometimes remodeling before they can resell it or rent it out. It can be a great deal for you when you factor in the same costs to you for marketing and repairs before selling.