3 Situations Where It Makes No Sense to Spend Money on Repairs

Where It Makes No Sense to Spend Money on Repairs

It’s no secret that a well-maintained home sells quickly and for a better price. But not everyone can afford to spend time and money on repairs. Last year, an average household spent around $13,138 on home repairs alone. That can be a lot of money, especially for those looking to buy a new house or move to a new city. Here are a few instances where it’s better to sell the home as-is and accept a cash offer in Charleston, SC.’

1. You’re Selling an Inherited Home

It’s not easy to sell an inherited home. Even if the will is valid, the executors could take up to a year to administer the estate. As the new owner, you’ll have to settle insurance, pay maintenance dues, clear utility bills, take care of the mortgage, and pay estate taxes to be eligible to sell the house. All of this is time-consuming, especially if you live in another city or state. Adding repairs or upgrades on top of that can be overwhelming.

Call us if you’d like to sell your inherited house fast. We’ll pay for the home in all-cash and buy it within days. We buy houses in Charleston, SC, as-is. We don’t require you to make repairs or take care of the legal procedures. Since we’re direct buyers, you don’t have to pay real estate commissions or worry about contingencies involved in a lender-financed deal.

2. You’re Looking for a Way Out of a Financial Difficulty

Every once in a while, life throws a curveball and leaves you with unbudgeted expenses. It could be a health issue, sudden job loss, divorce, or something else. When this happens and you cannot pay the mortgage, selling the house may be the only feasible solution.

Are you wondering, “how can I sell my house fast in Charleston, SC?” Fill out the online contact form, and we’ll make an offer in 24 hours. We’ll take care of the entire process and close at a local title company. We’re also open to discussing leaseback plans or other viable options if you need time to move.

3. Your Home Needs Structural Repairs

Flood- or fire-damaged homes are challenging to sell because people don’t want to invest in a damaged house even if it has undergone extensive repairs. Depending on the extent of the damage, you’ll have to have a lot of work done or knock it down entirely or partially. Surprisingly, actual demolition is probably the cheapest and the easiest part of the entire process, but taking care of the debris is more expensive and complicated. 

Selling the house to us is a much better option. You don’t have to do anything except call us! We can handle all of the paperwork, and you can walk away with cash in hand.

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