Selling a house that needs repairs

Need to Sell Your Elderly Parents Home in Omaha, Nebraska?

December 25, 2018 • Owen

It’s come time to prepare to sell your elderly parents home. Everyone typically puts it off as long as possible, but as parents age, the cost of caring for them rises and in most cases, it’s inevitable that you’ll have to face selling your parents house. Caregiving takes its toll financially as well as physically and emotionally. Some medical expenses are covered by Medicare, Medicaid or insurance, but there is always something popping up unexpectedly. Sometimes it’s those midnight runs to the ER or urgent care than take a toll physically and prohibit you from working the hours you need to just to make ends meet.

For many, the toll of caregiving only leaves them the option of selling. As much as you probably hate to face it, you’ll likely need to sell your elderly parents home. It’s important to know how to get a house ready to sell, and how to handle the sell. You may have several questions like Do I know how to sell my parents house?  Can I put it up for sale by owner?  Or How do I sell my parents house before death?  There are plenty of questions and plenty of answers when you are in the position to sell your elderly parents home.

Can I sell my parents house before death?

need to sell your elderly parents home fast

One question that comes up a lot is, “Can I sell my parents house before death?” And the answer is yes. You can, and may need to, look at selling your parents house before they are deceased. You may need that money to help pay for their care in one way or another. You will need their consent or be named their power of attorney with specific stipulations for handling decisions pertaining to property and finances. Read this paperwork carefully and discuss it with a legal professional as there are different types of PAOs that allow for a third party to handle different types of decisions.

How can I put up the house for sale by owner?

If you want to look into the option of advertising the property for sale by owner, you will need to be the “owner.” This method may get the house sold, but it can be a long, drawn-out process for you as well as for your parents. Selling the house yourself rather than going through a real estate agency can save you some money, but then you’ve got to deal with the responsibility of handling all the marketing, finding a buyer and making sure they can handle it financially. You’ll also need to handle all the paperwork and closing costs in order make the sale.

Tips for Selling Your Parents House

tips for when you need to sell your elderly parents home

Selling your parents house can be a huge undertaking. Selling any house can be difficult, but it can be emotional and challenging when you are trying to sell your elderly parents home. Here are a few tips for those asking about how to sell my parents house.

  • What financial obligations are still outstanding?
  • Are the utilities on and are they in your parent’s name?
  • Do your parents have a will? Have they spoken with an estate planning attorney?
  • Who has power of attorney and authority for selling your parents house?

How to Sell Your Elderly Parents Home

You may still be asking Am I sure I know how to sell my parents house?  Having to sell your elderly parents home is not an easy decision and it’s not easy to prepare it to put on the market either.  When they go into assisted living or a nursing care environment, you may have to deal with a lot of stuff they cannot take with them.

How to get a House Ready to Sell

repairs for the house when you need to sell your elderly parents home

If you need to sell your elderly parents home, you may wonder how to get a house ready to sell. Typically, you’ll need to make repairs, make sure everything is working correctly, hire a landscaper for outdoor areas and just get everything in shape in general. This can be a costly endeavor as well as time-consuming. You may need to paint the house inside and out and do all sorts of things to make it marketable. Most of the time if you go through a real estate agent, they will give you a long list of the things that need to be addressed before even putting it on the market. However, before you ask how to get a house ready to sell, look at one more option. You may consider the option to sell your elderly parents home to a cash buyer.

How to get a House Ready to Sell to a Cash Buyer

Are you still asking, how can I sell my parents house before death? And how can you get it ready for a cash buyer without upsetting your parents? It’s actually simpler to get your parents house ready to sell to a cash buyer. You literally don’t need to do a thing except make a phone call. Just call the investor, or contact them online and ask them to come look at the property. They will come out and take a look at the house and make you a cash offer. When an investor buys a house, they make the purchase as-is. That means they take it just like they see it. You don’t have to make any costly repairs or make any renovations. It’s much easier than other options like going through a marketing agency or putting it up for sale by owner.

Selling your parents house is stressful. Although there are lots of ways to do it, using power of attorney takes time and money. Don’t wait for the house to get sold. If you need your parents house sold ASAP then selling to a cash buyer is your best option.

At Red Ladder Property Solutions we specialize in a quick sale so that you can get on with the more important things in life. Don’t stress out about selling your parents’ house. In the event you need to sell your parents’ house before death, give us a call at 402-578-4003. We would love to answer any questions about the house selling process that you might have.

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

I Inherited a Hoarding House, Now What?

December 4, 2018 • Owen

Different types of inheritances can create some various challenges. One of these is when an individual inherits a hoarding house. Many individuals say they shocked when they have inherited a hoarding house.

The most likely conclusion they will come to is a desire to sell it. It is just the beginning of the problems. An individual that has inherited a hoarding house now have many responsibilities.

How Can I Sell a Hoarder House?

i inherited a hoarding house now what

As bad as it is the person with the inheritance doesn’t want this to cost them money. An inherited hoarding house can create many different costs. The only recourse is to find a way to solve the problem. Perhaps at the same time at least doing so without any expenses. Or even better to come out with a bit of a profit.

An individual may say, I inherited a hoarding house so how can I sell a hoarder house as quick as possible? There are a couple of traditional choices for the answer how can I sell a hoarder house. These are for sale by owner, or for sale through realty.

For Sale by Realtor

When one has inherited a hoarding house, it can be difficult finding real estate agents. Time is money for these agents. Usually, they have to invest some money into a property to sell it. Aside from their time, there are the advertising expenses. Real estate agents take on the cost of hiring photographers. It is so they can take images of property they are going to sell. Plus, they also have the expense of running the advertisements.

A lot of realtors will tell the person that they cannot perform realty services. They will tell those who have inherited the hoarding house.

Most real estate agents would not likely commit to selling this type of house.

For Sale By Owner

i inherited a hoarding house, do i sell it

When an individual has inherited a hoarding house, they may attempt a for sale by owner.  On the rare occasion, this may work. But the sale may be with a lot of conditions. Most are not able to meet these conditions. Or, if they do they are quite costly. It may end up the For sale By Owner venture costs the inherited owner money instead of making some money. This can happen in a few different ways.

Clearing out all the Clutter

A new buyer may insist on all the removal of the hoard. If so, this can be expensive depending on how bad the hoard is. Most likely it will mean hiring professionals to do this. Another challenge will be to rid the home of bugs and rodents.

Renovate a Hoarder House

A for sale by owner buyer will want a home inspection. Hoarders can cause a lot of damage that at first goes unnoticed. The damage is not seen until after the hoard removal.  Any needed renovations are going to likely be a big cost. It will cost the individual who inherited a hoarding house. To renovate a hoarder house is no easy task. It might be that there will be a loss on the hoarding home. Rather than realizing any profit or breaking even after costs.

Sell House Without Renovations

i inherited a hoarding house and can't repair it

Another challenge is to take on a sell house without renovations. The person who inherited a hoarding house may just want to sell it as is. After all, there are plenty of people who do this. In those cases though, it is usually houses that are just run down. They are not homes that are full of clutter and items. Potential buyers will at least be able to get a good look at those type of homes. Selling an as is hoarder home does not let a potential buyer see what is underneath or behind all the hoard.

How to Sell a hoard house fast

People who have inherited a hoarding house usually try to determine how to sell a hoard house fast. All the standard tactics for being able to do this are not available. For example, they cannot use standard advertising. To do so would mean using pictures of the home. Pictures of a hoarder’s home are not going to sell it. Just depending on advertising to sell the hoarding house is not the solution. The answer to how to sell a hoard house fast is to find a cash buyer.

Sell House for Cash

i inherited a hoarding house and need to sell it

It is possible for those that have inherited a hoarding house to enjoy a sell house for cash deal. There are house buyers available that specialize in cash purchases. To these house buying specialists, they will not have the normal expectations of a buyer. They are also aware of what a hoarding house can be like. Many of these sell house for cash buyers will not expect anything. They will have a good idea of what the house is worth in its current state. Plus, they will have a good idea of what it will take to get it back in livable shape. They will use this knowledge to make a fair cash offer to the persons who inherited a hoarding home.

The cash buyer will have other costs to take on.  They will have the cost of having professionals clean out the home. The cost of disposing of the hoard will be another expense. Most likely the home will need fumigating. Then the repairs will be the next issue.

The individual who inherited a hoarding house will at least save on all these costs. Plus the extra costs that will occur if the home doesn’t sell. There will be taxes. Most likely city officials will demand a cleanup.

I Inherited a Hoarding House Solutions

The best solution for those people who have inherited a hoarding house is to accept a sell house for cash deal. It is also the answer to how to sell a hoarder house fast. There are savings on other extra costs. There are no advertising fees with the sell house for cash buyer. Plus, there are no real estate fees. So there are some substantial savings.

If you’re stuck thinking “I inherited a hoarding house…now what?” then stop worrying. We’re cash house buyers in Omaha who are ready to buy the house as is. That means you don’t have to worry about cleaning it up, or city codes, or anything! At Red Ladder Property Solutions, we specialize in a quick sale with a cash offer. We can get that hoarding house off of your hands as fast as you need.

Have a question? Give us a call today at 402-578-4003, or visit our website to get a no obligations cash offer on your inherited hoarder house. We would love to talk to you and help you through this stressful time!

The information presented in this article is for educational purposes only and should not be considered legal, financial, or as any other type of advice.

How to Sell a House That Needs Repairs Without Fixing It

September 28, 2017 • Owen

Many home sellers ask themselves whether they should sell a house that needs repairs. Some feel that they will be able to sell for a higher price. That way they will get their money back from the repairs. Others just cannot fathom being able to sell an ugly house.

This is a question that can be answered in different ways and takes some thought before coming to a decision.

Can You Afford the Repairs?

affording to sell a house that needs repairs

Chances are if you want to sell an ugly house you are in a position where you can’t afford house repairs. This may create a frustrating situation for you. Some houses need minor repairs such as a few wall repairs and some painting. Then there are others that own a home that is in need of serious repairs. The roof may need to be done and perhaps the electrical components need updating. These, as well as other major repairs, can be really costly.

If you are wanting to sell a house that needs repairs, it could possibly mean that you are in need of some quick cash. Trying to sell your house as-is may not be an easy task if you are going to go through the traditional methods. This would be putting it on the market and listing it through an agent.

It May Not Be a Good Idea to Do the Repairs

If you are going to sell a house that needs repairs, then be prepared to make an investment. This may be one that you will not get back with the sale. A lot of buyers do so with the intention of doing their own renovations. If you have just completed some interior repairs these may not be of any advantage to a potential buyer.

Selling Your House As-Is

It may be a lot easier to sell a house that needs repairs than you may think. There are buyers out there who make a cash offer for ugly house transactions.

Disclosure

You are going to want to disclose the defects of the home as best you know them. It may be that you inherited the home and are not aware of all its faults. You may be compelled by law to disclose what you do know. Every home has its flaws. You want to point out the ones that are major and may not be readily seen by someone viewing the home.

Your Responsibilities

If you are going to sell a house that needs repairs, then you won’t have any obligations to do any of the repairs that are required. The potential buyer may have a home inspection done. Usually, if they are prepared to buy as is they won’t go that route. They are aware that a home inspector would find the repair issues that they are already aware of. There are some home buyers who really are looking for those who want to sell a house as is. This is because they are prepared to do a substantial amount of work not only for the repairs but for major remodeling. They feel they can get a buy like this at a better price. Then, with what they can save on the purchase they will use to re-do the home to their exact liking.

The Right Cash Offer For Ugly House Sale

get cash and sell a house that needs repairs

While you may have decided to put the house on the market as is, you may have some issues with some buyers. There may be those that want to do the major repairs and renovations, but still need to finance the purchase. There can be some issues with this as a lot of lenders are not keen on loaning money for this type of purchase. The lender may ask for a home appraisal. You may be thinking of asking more than the house is appraised at. In this case, some buyers will not qualify for the purchase if they are borrowing.

Another option that will most likely be available to you is a buyer who can walk in and pay cash for the home. This way there are no concerns for the buyer having to arrange financing. If you are intent on going ahead to sell a house that needs repairs then this type of buyer is your best.

The Advantages To Decide To Sell A House As Is

By not selling in the traditional manner you are not going to have all the headaches of the repairs. Then also to consider with this of a cash offer for an ugly house contract is the time. It takes a lot of time to get all the repairs done. If you can’t afford house repairs and were planning on doing it yourself, this will be even more time consuming.

The “sell a house as-is” opportunity really is your best option. That is if you don’t want to go through the hassles of listing your home. Even if the housing market is hot you may not be able to sell quickly because of the need for repairs.

If you are in need of quick cash and want a deal that is going to close quickly a cash sale is ideal. The decision to sell a house that needs repairs is really your best option. This is especially true if you are in need of quick cash. Plus, you want the deal to close quickly. If you accept a cash offer for ugly house sale then you are most likely going to save additional money. This means you won’t have to pay the regular listing fees.

Rather than put your house on the market with the intention to sell a house as is, do some research. You may find that there are potential buyers in your area that buy these types of houses regularly. These are professional investors that will make a fair deal with you based on the condition of your home. They are well aware of the prices of homes in your neighborhoods. They will take this into consideration when giving you a cash offer for your home.

If you really want to get rid of your home quickly selling for cash as is will be the quickest action you can take. It will probably be a decision that you won’t regret. This type of house selling comes with a lot less hassles.

Need to Sell a House That Needs Repairs?

need to sell a house that needs repairs

Selling a house that needs repairs is a stressful situation to find yourself in if you don’t have the cash to afford it. Repairs can add up and keep your house from getting on the market. You don’t have that time, and we understand that. At Red Ladder Property Solutions, we specialize in quick home sales for cash.

No matter what condition your house is in, we’re here to help you out. We’ll get your house closed, and write you a check on the spot! Call us today to get a no obligations quote for your house, or just to get your questions answered. We’re always happy and ready to talk! Contact us at 402-578-4003.

 

Selling a House As Is

April 13, 2017 • Owen

Selling a house as is to a buying company

There are numerous reasons why a homeowner might want to sell their property as is. Two of the most commonly stated reasons for selling a house as is is due to money and time consumption. Some owners may be financially strapped and unable to make the major repairs required to sell in peak condition. Others consider selling a house as is to ensure a speedy sale. Even with the assistance of realtors and other professionals, it’s not uncommon for sellers to see their property on the housing market for months at a time. The time wasted on market can be detrimental to a seller’s pockets.

find selling a house as is

How to Go About Selling a House As Is

If you seek the advantages of selling your home as is, looking for a dependable house buying company is a must. Selling a fixer upper can require too much labor for most homeowners. Thankfully, house buying companies specialize in buying properties that need major renovations. While other potential buyers will nitpick at your home’s flaws, house buying companies welcome them. This allows homeowners to forgo making expensive repairs before the sale, effectively saving money and time. Homeowners don’t have to worry about buyer complaints after closing either. If you’re considering selling a house as is, finding the right house buying company for you is essential.

Finding the Right House Buying Company

When conducting research on house buying companies, it’s hard not to stumble on “We Buy Houses” advertisements. From the yellow pages to signs planted on the side of busy streets, the popular slogan can be found seemingly everywhere. House buying companies use this line almost exclusively to advertise their unique ability to buy houses outright, without repairs or making any warranties. If you’re selling a house as is, the issue becomes sifting through a vast selection of companies and choosing the best one that will suit your needs.

There are a few key suggestions to keep in mind when choosing to sell your property to a house buying company. These suggestions will allow homeowners to receive the best price and customer service during closing. Remember, a house buying company gives cash offers based on fair market estimates by comparing your home to others in the region in similar condition. This requires house buying companies to extensively research the market area and stay up to date on regulations and procedures that will assist in closing. If a potential company doesn’t seem more knowledgeable about the selling and buying process than you, maybe they’re not a top house buying candidate.

Keep It Local

selling a house as is to local buyers

Another suggestion to keep in mind when picking out the right house buyer company is location. Much like the small business craze sweeping the nation, localized companies offer major benefits to homeowners needing to sell. Local companies have the advantage of knowing the area better, giving homeowners a more accurate estimate when drawing up the cash offer. They have a better grasp on the local housing market. This insider knowledge is pertinent to receiving a better offer for your fixer upper. Many nationwide companies are notorious for low balling sellers to account for unknowns. Local house buying companies know the terrain and aren’t afraid to trek it with a hesitant homeowner.

Local house buying companies also are typically smaller. Unlike national companies, local companies give the added advantage of working with the same buyer continuously. Choosing a local house buyer company means cutting out the middle man. This allows homeowners to earn more money when they sell, avoid hassles, and work with someone that actually knows their neighborhood. It’s a win-win situation for homeowners and small businesses alike. If there’s a choice, always go with a local cash home buying company.

Communicate with the Buyer Directly

Find out who you are working with when selling a house as is.

Although this may sound like common sense, communicating with the house buyer directly is another suggestion homeowners should consider. When on the search for the right house buyer, some sellers may encounter buyers that have no intention in scooping up the property themselves. Sometimes these potential buyers are in league with a network of investors; other times they’re sole intention is to market it to other buyers. No matter their goal, these house buyers can be a nuisance to homeowners needing to sell their house as is.

Homeowners can avoid this added headache by contacting the potential buyer directly. House buying companies offer one name when acquiring a property. That person is responsible for having the necessary funds available to purchase the property. They’re also the individual who can walk away without consequence if a deal falls through. To keep the worst case scenario from occurring, develop line of communication with the person buying your home. Ask the representative from the house buying company if they’re closing on your property themselves. Have them confirm they’re the actual buyer and not a substitute. When it comes to knowing how to sell a house as is, you want to work directly with the cash home buyer.

selling a house as is

Check Out the References

One of the most valuable suggestions homeowners should heed when choosing a house buying company is asking for references and testimonials. If they’re not easily located or readily available online, ask the company’s representative to send a few your way. No, you’re not inconveniencing the representative and it shouldn’t take relatively long. A professional house buying company will not object to verifying that their houses under contract close. If they won’t allow potential sellers to contact the title company they use, the company might have a poor approval rating. If they are unwilling or unable to send an inquiring homeowner references or testimonials, avoid them at all costs. This is a major red flag.

Established companies that treat clients with fairness and respect will have testimonials. Although these are highly biased assessments, the average testimonial will provide a general understanding of the business’s dealings, how transactions were completed, and overall success rate.  Don’t be afraid to ask; references and testimonials will provide insight sellers can’t afford to ignore.

Sell My House As Is

selling a house as is fast

Though selling a house as is can seem daunting, selling to a house buying company can be time and money saving. Utilizing a house buying business helps homeowners avoid buyer complaints after closing while receiving the best price for their property. If you’re overwhelmed by the plethora of companies out there, consider location, the direct buyer, and references and testimonials before choosing the company for you. Remember, not all “We Buy Houses” companies are created equal. Making an informed decision will give you the best house selling results.

Selling a House As Is FAST

Red Ladder Property Solutions has made it very simple to sell your house fast and as is in Omaha. You can get a cash offer within 24 hours and close as soon as you if feasible for you. Find out how much we can pay for your house by calling us at 402-578-4003.