If you need to sell your house quickly, then you likely don’t have the luxury of shelling out extra cash to prepare your home for sale. Between repairs, remodeling, and various fees, trying to sell your home can be quite expensive. However, you can actually sell your house without needing to pay any extra cash! We’ve got the secret behind a zero-cost way to sell your house easy and fast below.
Thinking About Selling Your House?
The housing market has been very healthy in the past few years, with many homeowners selling their property for more than they originally purchased it for. For a homeowner such as yourself, this may be an enticing prospect to try out on your own home! But wait – do you know what goes into the process of selling your house?
Chances are, you likely have not sold a house before. This is simply a result of probability because renting a home has grown in popularity in recent years rather than owning one and paying a mortgage. In 2006, only 31.2% of houses were being rented, but that number grew to 36.6% in 2016. With the rising costs of student debt and the inability of millennials to quickly pay it off, home ownership seems like just a dream for many.
You likely do have some background knowledge about selling a house and what it entails. Clean it up, making necessary repairs, hire an agent, and negotiate offers are all tasks you may be aware of. Unfortunately, the issue arises with what you don’t know about trying to sell your house. This is particularly problematic because you don’t even know what you don’t know about.
Selling a house does require a lot of knowledge and paperwork, so it is ridiculously easy to make mistakes. Most (if not all) first-time house sellers are naive because they just don’t know any better. One of the biggest mistakes you can make is spending unnecessary money that won’t even help you sell!
Can You Sell Without Paying Any Money?
In today’s housing market, it seems like a foregone conclusion that you need to invest money into your house before it will sell. There is some truth to this in that many prospective home buyers are looking for a well-kept house that is ready to go without any issues. However, this does not mean that all house buyers hold this mindset.
On the contrary, you actually can sell your house without needing to spend extra money to make it happen. This will require extra effort from you, but the time will be well used if you save yourself thousands of dollars in unnecessary work. This ultimately boils down to informing yourself as well as you can so that you don’t “need” anyone else to make your house sell.
Costs You Can Easily Avoid
With that in mind, one thing you will definitely want to learn about is what costs you can ignore completely. When trying to sell your house, there are definitely several things that you could spend money on. Because of this, it is important to understand why you are spending the money beyond the reason of making an upgrade or repair. Costs that increase your chances of selling your house or are guaranteed to add value are both justifiable, but other expenses are downright silly!
Here are two common house-selling expenses you can toss right out the window:
- Realtor Commission – Often one of the largest expenses associated with selling a house, the commission check you’ll write for a real estate agent is not a requirement. It is true that you will need to write a check if you have a realtor help you, but hiring a real estate agent in the first place is not necessary. Agents serve to help facilitate the sale of your house, but most don’t actually do much to help your house sell. Considering that commission can easily cost around 6% of your sale price, that’s a hefty sum to pay for not much work at all.
- Remodeling – Another expense you should avoid is anything related to remodeling. The issue with remodeling is that there is no guarantee it will result in added value to your house. Revamping your kitchen or perhaps adding another bathroom are both great ideas, but even then you can’t say for sure that this will help your house sell. As a result, it is much safer to skip remodels altogether and let your buyer handle those (if they see fit). On the other hand, you shouldn’t neglect repairs if areas of your house desperately need attention.
Selling to a Cash Home Buyer
Selling your house on the open market is the best way to get top dollar for your house, but the process of going this route still carries several costs you can’t avoid. Even if you cut out a realtor and remodel, there are still closing costs, inspection fees, and various unexpected costs that will pop up along the way.
Have you considered selling your Indianapolis home directly to a cash home buyer instead? A reputable cash buyer will give you a fair offer for your house, regardless of its condition. This is a cash offer, meaning that you don’t need to wait for lender financing to finalize a sale. In addition, you won’t need to fuss with repairs, closing, or any other fees! A good cash buyer will make you an offer with no strings attached, meaning once you accept, your obligation to the house is completely severed! Selling directly to a local cash home buyer is the only way to sell your house at no cost to you!
Your Local Indianapolis Buyer
Trying to sell your house on the open market today is definitely doable, but it comes with a wide variety of costs that might discourage you from trying. Two expenses that you can absolutely eliminate include a real estate agent and remodeling. Both are sought out to help you sell your house easier and faster, but this doesn’t always happen how you hope it will. If you want a real method of selling your house without cost to you, look for a local cash home buyer to answer your needs.
Homeowners located in the greater Indianapolis area should reach out to Ben Buys Indy Houses! If you want to know how to sell your house easily and fast, we can make that happen. The process of selling your house is often confusing and expensive, but it definitely doesn’t need to be. Invest in your future well-being without spending a dime by giving us a call today!