Are you asking yourself, how do I Sell My San Diego House As-is? Trusted House Buyers is a market leader in buying homes directly from homeowners in this particular situation. Our Company’s President talks about a few things you should think about when trying to sell your house in our local, San Diego market.
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Hi, my name Brian Mollo, President of Trusted House Buyers. We’re a home buying company that specializes in helping people who are thinking, ‘I want to Sell My San Diego House As-is’. Today we’ll take a quick look at a house that might be in this type of situation and then I will mention a few things to think about if you’re trying to figure out how to move forward in a similar home, with a lot of issues or even just a few issues.
We’re here today in Oceanside, San Diego, at a 2 bedroom 1 bath home that’s under 1,000 square feet. This house is dated; it hasn’t been updated. But it has more important issues that are hard to see like a lot of leaks in the roof, dangerous electrical wiring, and a cracked subfloor, under the flooring-some foundation issues. And this area back here is probably an illegal addition as well.
We often look at homes in this condition and most owners have no interest in spending the time, money, and efforts to fix it up, but instead will say to themselves, ‘how do I Sell My San Diego House As-is’? Can I even do that? And are these options legitimate?
Some of these sellers might be currently living in the worn out home, or live out of state and have used it as a rental, or as a place where family has been staying for free. A lot of different options that we run into, with sellers that need to get rid of their house.
As you know, most homes that don’t have problems are best suited for a regular, retail sale whereas it should be placed on the open market. You can consider selling your home with a real estate agent or you can brave the for sale by owner option. With both of these options you will have certain costs involved, a lot of heavy lifting on your behalf, and lots of time. You will regularly have people walking through the house, sometimes picking it apart, and it might even fall in and out of escrow a few times. It inherently comes with a lot unknown answers, including, ‘when will you get offers?’and ‘how much will they be?’.
But in those situations when you’re faced with a house that requires a large amount of work, or is just simply very dated- it’s often a challenge to transfer title to the home and get it sold, even on the open market or through the MLS. Just moving on from the home, for whatever motivational factors may exist, is sometimes the most beneficial thing to do. Get your money and move on with your life before you come to the same conclusion a year or two later anyways, after exhausting some unreasonable or unrealistic possibilities.
If this is your scenario, there are a few ways to get the house sold. You can always spend the money to go ahead and fix the problems or update the home completely to get it ready for the market. This sometimes will require an understanding of what’s actually wrong with the home and then getting a few bids on each issue that needs to be resolved. There are several problems that would prevent a typical buyer from getting certain kinds of financing on a home, so those are the things you should make top priority. It could cost tens of thousands of dollars for things like termite repair, roof, kitchen, foundation, plumbing and electrical. I’ve seen a number of people try this avenue because they’ve seen a few HGTV shows, but in the end then run into a ton of problems once a contractor gets going. Haven’t you ever seen them open a wall and say ‘Um, we’ve run into another problem and it’s going to cost you another $10,000- $15,000 more then we expected’. That’s IF the contractor even gets going. Sometimes they don’t show for weeks and weeks and the worst kind take your money and disappear. It’s unfortunate, but a reality of going at a remodel on your own. I’ve seen it more times then I’d like to think about. Kitchen and bath remodels-they seem fun but they’re often expensive, very time consuming, and not as easy as you might think.
So other then fixing it or renovating it through a contractor, or on your own if you REALLY know what you’re doing, the last and least painful option is to sell to someone who professionally buys these types of homes for cash. They should be able to cover all the costs involved in the transaction and there are no real estate Agents involved, so there is no 6% commission you have to worry about. And the best part? They’ll buy it as is. This means you don’t have to fix a thing, you don’t need to pass inspections, or get it appraised-don’t even clean up. You can even leave a bunch of personal stuff behind that you can’t get rid or find a new spot for it-just leave it! They should be able to walk through only once or twice very quickly-that’s it. And there are sometimes additional reasons why someone might want to sell their home to a cash buyer. These folks might be facing not only a home that needs work, but maybe time is ticking on another factor, where they need to sell fast.
Most people understand that selling a house can be very time consuming, expensive and often a big headache. There are a number of costs involved and the stress alone can really add up. Dealing with a home that has a lot of deferred maintenance or hasn’t been touched since the 70’s or the 60’s or the 80’s, or can’t even go on the market is no different-it usually makes matters worse. Think long and hard about what option is best for you. Can you spend the money to fix a roof, all the plumbing, update the electrical to today’s code with permits and then turn around and maybe get top dollar? Can you stomach the time and headaches of that regular, retail sale? Do you even have the money or are willing to spend it? Or are you willing to take a liquidation price and get cash in your bank account in a few days and move on to bigger and better things? It’s your decision, so weigh the pros and cons of each and make sure you’re comfortable moving forward in that direction. And be realistic about some of the aspects of your decision, and if we can ever help to explain those or answer any questions, don’t hesitate to reach out because we buy houses in San Diego.
We’ve been helping San Diego homeowners in all kinds of situations sell their houses fast for cash. We love providing folks with an option that allows them to sell an unwanted home, or one that they need to move on from. There is never any obligation to hear what we can do and there is no obligation to get an offer from us. And if it something that works for you, it’s really exciting for us to provide that help. The sellers we deal with are often very happy and relieved at the end of the day. We’re not trying to pull a fast one on you. If this is a situation that you’re facing, one in which you’re saying, ‘I need to Sell My San Diego House As-is’, you should know that we’re a local, family run company and at Trusted House Buyers, we’re here to help. We’re A rated by the Better Business Bureau and have a 5 star Google rating that we’re very proud of.