Owning an abandoned property in Lehigh Valley can come with challenges—whether due to financial burdens, ongoing maintenance, or simply the stress of an unused asset. If you’re ready to sell, you likely want the process to be smooth and as profitable as possible. Below, we break down the steps that will help you make the best decisions when selling an abandoned property in Lehigh Valley.
Evaluate the Property’s Condition
Before you put an abandoned property on the market, conduct a thorough assessment. This means inspecting the property to understand any structural or cosmetic damages. If the property has been vacant for a while, there might be issues with roofing, plumbing, or electrical systems, which could impact its value. Obtain estimates for repairs to see how much it would take to bring the property up to a market-ready state.
Once you have a clear picture of the costs, you’ll have a decision to make: either invest in the necessary repairs and aim for a top-market sale price or choose to sell the property as-is to avoid the repair expense. Selling as-is is often the fastest option and may save you from extensive upfront costs. Professional investors, such as those at iBuyLehigh, specialize in buying properties directly in their current condition, with no need for you to handle repairs or renovations.
Set a Realistic Price
With abandoned properties, setting the right price is crucial. If the asking price is too high, potential buyers may bypass the listing, assuming it’s not worth the cost. On the other hand, setting the price too low can cause concern among buyers, who might worry about hidden issues.
Selling directly to professional buyers like those at iBuyLehigh provides a straightforward valuation based on current market conditions and the property’s state. Our buyers are transparent, offering you a detailed comparison between listing the property yourself versus selling it directly. At iBuyLehigh, we’re committed to ensuring you have all the information needed to make an informed choice that feels right for you long after the sale is complete.
Method
Listing your home on the market may not be the best way to sell an abandoned property in Lehigh Valley. Between holding the property, paying for the listing process, and high commissions, there isn’t much left out of the profits when you close and pay all expenses and fees. You save money when you sell directly to a company like iBuyLehigh because you won’t pay any commissions off the top or hidden fees to surprise at closing. You avoid the prep, repairs, listing, holding costs, marketing expenses, and you won’t pay closing costs either, so the cash offer from iBuyLehigh is the amount you walk away with from the closing table. You also save time because iBuyLehigh can close quickly, in a matter of weeks, or delay to set closing at a date convenient to your move.
Choose the Right Selling Approach
When selling an abandoned property, a traditional listing may not be the most efficient option. Preparing the property for the market takes time, and listing it means waiting for buyers, handling negotiations, and often facing additional holding costs for utilities, taxes, and maintenance. Also, agent commissions and closing fees reduce the final profit from the sale.
By working directly with iBuyLehigh, you avoid these hassles and costs. A direct sale eliminates the need for staging, repairs, and marketing expenses, and it allows you to bypass agent fees and closing costs entirely. The amount you’re offered by iBuyLehigh is the amount you walk away with. If timing is a factor, we can even close in a matter of weeks—or delay the closing if you need a bit more time to coordinate your next steps. Call iBuyLehigh at (484) 549-0019.