If you want to make an educated decision about which sales method is best for your home and your situation, it’s best to compare all of your options. So read on as we explore five costs you can expect with a traditional sale of your Belleville house.
Prepping
If you’re planning to sell your Belleville house through a traditional sale, you should anticipate spending approximately one percent of the home’s sales price on prepping costs. This estimate may vary depending on the property’s condition, as well as how outdated its decor and style are. However, if you plan on making significant renovations to bring the property up to the standards of today’s buyers, you may need to spend tens of thousands of dollars to maximize your potential profit.
Alternatively, you can avoid all of the expenses, effort, and time associated with prepping by selling your house directly to a local professional home buyer, such as Cardinal Creek Properties. Not only that, but you won’t have to pay any commissions either.
Marketing
When selling your Belleville house through a traditional sale, marketing is essential to attract potential buyers, and this is an additional cost you should anticipate. Professional stagers, photographers, and videographers may be required to meet the demands of the digital online real estate marketplace, and their fees can add up quickly.
However, if you choose to sell directly to a professional home buyer like Cardinal Creek Properties, you can avoid these costs altogether. Furthermore, selling directly to Cardinal Creek Properties means you won’t have to constantly keep your home clean and tidy for showings, alleviating the pressure of preparing your property for potential buyers. You can finally start enjoying your evenings and weekends without having to worry about rushing your family and pets out the door for showings. You can leave everything as is until moving day, bypassing the inconvenience of showings altogether.
Holding
If you sell your Belleville house through a traditional sale, you may incur holding costs such as monthly expenses and unexpected repairs, which can quickly add up and eat into your potential profits. These costs can continue to accumulate over time, and your initial targeted profits may dwindle as a result.
However, selling directly to a professional home buyer like Cardinal Creek Properties can help you avoid these holding costs altogether. You can expect a guaranteed closing within a few weeks or less, putting an end to the slow leak of funds associated with holding costs. Additionally, you can ask about the flexibility that Cardinal Creek Properties has with the closing date, in case there is a specific calendar day that works best for you. This can give you greater control over the selling process and help ensure that you receive a fair and timely closing on your property.
Contingencies
When selling your Belleville house through a traditional sale, repair costs may become an issue, particularly during the inspection phase of the process. Sellers often dread this stage since contingencies in the contract could lead to potentially spending thousands of dollars on repairs.
However, by selling directly to a professional home buyer like Cardinal Creek Properties, you can avoid these repair costs altogether. We buy homes as-is for cash, so you won’t have to worry about passing an inspection or spending money on costly repairs. You can rest easy knowing that you’ll receive a fair cash offer for your property without having to make any repairs or improvements. This can help simplify the selling process and allow you to move on to the next chapter of your life without any unnecessary stress or expenses.
Closing
When selling your Belleville house through a traditional sale, you can expect to pay closing costs, which can be a significant expense. However, selling directly to a professional home buyer like Cardinal Creek Properties can help you avoid these costs altogether.
By choosing to sell your property to Cardinal Creek Properties, you won’t have to pay any closing costs, making the process more straightforward and cost-effective. This can help you save money and simplify the selling process, allowing you to move on to the next chapter of your life without any unnecessary financial burdens. You can expect a fair and hassle-free cash offer for your property, without any additional closing costs to worry about.
A professional home buyer at Cardinal Creek Properties will detail the profits and costs you can expect with a traditional sale of your Belleville house vs. a direct sale. At Cardinal Creek Properties, our professional home buyers offer complete transparency because we’re your neighbors who live and work alongside you in Belleville, and we want you to feel good about the deal long after closing. Talk to one of our professional home buyers at Cardinal Creek Properties about the hurdles you feel stand in your way and how we can help you over them. At Cardinal Creek Properties, the goal of our professional home buyers is for you to make the most profit on the sale while meeting demands on your time and finances. Call Cardinal Creek Properties at (314) 467-8137.