Deciding whether to invest in repairs for your Lehigh Valley house prior to selling it can be a daunting task. On one hand, making repairs may help increase your final sale price, while on the other, you might prefer to keep your funds intact and sell the property as-is. This decision involves several critical factors, and it’s important to evaluate them carefully. In this article, we’ll explore whether making repairs to your Lehigh Valley house before selling is the right choice for you.
Consider Your Circumstances
One of the primary considerations for sellers contemplating repairs is the financial aspect. Undertaking repairs on your Lehigh Valley house often requires an upfront investment, and sellers need to weigh the potential return on this investment. Unfortunately, the phrase “it takes money to make money” rings true here, and sellers who lack the necessary funding may find repairs to be out of reach. Additionally, living in a property during renovation can be uncomfortable and disruptive. The noise, mess, and general upheaval can wear on anyone, making the selling process even more stressful.
In contrast, professional buyers like those at iBuyLehigh have the financial backing to purchase homes as-is. This means you can bypass the headaches associated with repairs and inspections altogether. By selling directly to a professional buyer at iBuyLehigh, you can leave all your concerns behind and focus on your next steps without the burden of fixing up your property.
Potential for Increased Profits
It’s no secret that buyers are often looking for homes that are move-in ready. Therefore, making repairs to your Lehigh Valley house before selling could increase its appeal and potentially lead to a higher sale price. However, it’s essential to assess various factors to determine if this approach is the right move for you. One key question to ask is whether the after-repair value (ARV) justifies the expenses involved in making those repairs. To gain insight into this, you should seek estimates from multiple contractors or professionals to ensure you’re making a sound financial decision.
Moreover, consider the property’s location and its specific features. These elements significantly impact buyer interest in today’s market. At iBuyLehigh, our professional buyers collaborate with a comprehensive in-house team of industry specialists to quickly provide you with reliable assessments and data. Our team will clearly outline the potential profits from listing your home through traditional channels after repairs versus our cash offer. This way, you can make an informed decision about the best route for your situation.
The Value of Time
Time is indeed money, especially in the realm of real estate. To fully understand the costs associated with repairs, it’s crucial to consider the holding costs you will incur while the repairs are being completed and throughout the listing period. You’ll need to have a reliable estimate of how long the repair process will take before you can sell your Lehigh Valley house. Fortunately, professional buyers like those at iBuyLehigh can provide you with a timeline for the repair work, allowing you to plan accordingly.
However, if time isn’t on your side, our professional buyers at iBuyLehigh can offer you a guaranteed closing date, often within just a matter of days. This flexibility allows you to sell your property quickly without the prolonged uncertainty of traditional selling methods. And if the thought of packing and moving everything in a short timeframe feels overwhelming, don’t worry. Our professional buyers can discuss arrangements to ensure you have adequate time to move before closing, making the process smoother for you. Call iBuyLehigh at (484) 549-0019.