Update or Sell As-Is: Making the Right Choice for Your Old Home
Updated: May 13
Are you faced with the dilemma of whether to update your old home or sell it as-is? As experts in the field, we understand the challenges that come with remodeling projects. With over 15 years of experience as Cash Home Buyers, we've encountered everything from minor renovations to complete tear-downs. Let's explore the factors you should consider before making a decision.
To Remodel or Not to Remodel:
If you're a homeowner with an outdated property, you might be contemplating remodeling it before putting it on the market. However, before investing your hard-earned money in renovations, take a moment to reconsider. At Ligon Cash Home Buyers, we specialize in updating and rehabbing outdated and damaged homes. Our experienced team can handle any unforeseen issues that arise during the process. Unfortunately, once you start uncovering problems, the chances of selling the home without a full rehab decrease significantly.
Potential buyers are typically looking for move-in ready homes that require minimal work. They prefer to avoid the hassle of immediate repairs. Similarly, rehabbers prefer to start their own projects rather than take on someone else's headaches. If you lack experience in rehabbing, we strongly recommend selling your home as-is to a Cash Home Buyer like us.
Here are some of the issues you may encounter with an old home:
Electrical problems and code violations
Plumbing issues and code violations
Foundation problems and structural concerns
Outdated construction that doesn't meet current building codes
Considering the Costs:
Apart from the potential repair expenses, other factors come into play when deciding whether to remodel or sell as-is. Realtor commissions and holding time can significantly impact your overall profit. Selling your home now, as-is, can often yield a better financial outcome than investing in repairs and updates.
Take a look at one of our recent projects where we purchased a home as-is and transformed it through our remodeling expertise.
When faced with the decision to update your old home or sell it as-is, it's essential to weigh the costs, time, and potential complications. As Cash Home Buyers with years of experience, we understand the intricacies involved in these situations. Reach out to us today to discuss your options and make an informed choice for your property.
This home had several unforeseen issues that would have been a real problem for an inexperienced homeowner. However for the professionals at Ligon Cash Home Buyers it was just another day at the office. We’re very good at our job and we love what we do!
If you need to Sell Your Home Fast, give us call. We Buy Hou
South Florida: Miami-Dade, Broward and Palm Beach Counties
(954) 558-5015 Local Florida Office
West Tennessee: Shelby County and surrounding areas.
(901) 609-4669 Local Tennessee Office