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How To Sell A Damaged House In Chicago

by Dec 30, 2022

Do you own a home that is in need of repairs, or is perhaps somewhat run-down? If so, don’t worry. You can sell your house as-is without having to pay for any necessary repairs first. Our latest post will help if you’re trying to figure out how to save time and money by selling a damaged house fast in Chicago.

If you want to sell your damaged property in Chicago, you need to market it to the right buyer. Many people are looking for a house they can immediately move into or rent out as an investment, and the idea of taking on damage with a new purchase can be unattractive. The best solution is to find investors who don’t mind some extra work repairing the damages. Here at Onyx Homes, we’re experienced in fixing up properties just like yours, so if you need help selling a damaged house in Chicago, give us a call!

Options for Selling

Fix It

Obviously, you can fix the damage to your house. If you want to sell it and get a good price, repairing the damage is likely your best choice. However, many people don’t want to spend money on repairs without knowing if they will make some money back from the sale.

List As-Is

By listing your home as-is, you can avoid spending money on repairs. Even though you’re offering it at a reasonable price, if potential buyers see unflattering pictures or that there are many repairs needed that aren’t included in property description, you might have difficulty getting enough interest to sell it.

Sell Directly

If you’re looking to offload your property quickly and without hassle, selling it to an investor or direct buyer is usually the route to take. And if you opt to sell us your home, we’ll purchase it as-is—which could end up saving you a pretty penny in repair costs. Not only that, but we close rapidly so you can move on with your life stress-free!

Before You Start, Consider These Questions…

Am I Comfortable Selling Directly to an Investor?

If you’re not comfortable selling your home directly to an investor, don’t worry! You can always list it as-is or fix the damage yourself before putting it on the market. At Onyx Homes, we buy houses in Chicago as-is in all kinds of conditions so the sellers we deal with don’t have to worry about repair fees, commission fees, agent fees, or other extra costs. 

Do I Have Time to Wait for a Buyer?

If you’re not in a hurry to sell and don’t mind waiting for a traditional buyer, then listing your home as-is or fixing the damage yourself is the way to go. However, if you need to sell quickly and don’t want to hassle with repairs, selling to an investor or direct buyer is usually the best solution.

How Much are You Willing to Spend Upfront?

You could choose to spend money upfront to repair the house before your sell it, but this option takes a considerable amount of time with no guarantees. If you spend exorbitant amounts fixing damages in Chicago, there is still no assurance that you will make your money back.

Who is your Dream Customer?

If you’re considering whether to list your Chicago house on the market as-is, here are some things you should take into account. It can be difficult to find buyers who are willing to pay what your property is worth in its current state. You might have more luck if you wait and see if an investor with the means to fix up properties comes along. Many investors, such as the team at Onyx Homes, enjoy helping people in this situation get out and sell their damaged homes!

If your property has been damaged and you’re struggling to make repairs, it might be time to sell. Avoid expensive real estate agents by learning more about selling your home as-is! Get rid of your troublesome property once and for all when you sell your house in Chicago fast to Onyx Homes. You can give us a call at (847) 262-9012. We look forward to hearing from you!

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