What is the best way to sell your property in North East Bakersfield?

What is the best way to sell your property in Kern County?

The best way to sell your property in Hillcrest (a neighborhood in Bakersfield) depends on many factors. If your home has not been updated in the last six years, then the best way may be to sell to a cash investor.

Properties don't sell when they are out-of-date

The market is hot, and residences are selling quickly, especially in Bakersfield. Even in a hot market, you will notice that properties that are not regularly updated and well-maintained sit forever.

Home sellers often don't have liquid assets to make repairs

Do you have $15,000 or $20,000 to invest in immediate repairs? Most people don't have this kind of money.

In fact, most people who attempt to sell a home that has not recently been repaired have almost nothing in the bank.

Cash investors will buy the property in "as is" condition without asking for any upgrades. The price they quote often adjusts for the cash that is needed to bring the home into a sellable condition, so as a home-seller, you get almost the same value for the home without having the stress of managing a massive construction process.

When the home has not received repairs in the last 5-years, then the best way to sell your property is to a cash investor.

Homes with regular and recent upgrades may be listed with an realtor

If the house regularly receives upgrades, then it will likely be able to sell without major repairs. When fixes are $5,000 or less, the home-seller can often have the cost of repairs billed to escrow. In this case, it is best for the home-seller to list the home with a Realtor.

A real estate agent will advertise the home for sale and help guide the transaction. Do not spend any money on repairs until you (1) have a buyer, and (2) a request for repairs that specifically requests an itemized list of repairs.

The best way to sell your property when your home has received recent repairs is to list with a Realtor, and again, do not spend any money on repairs until you have a buyer and a specific request in writing on the correct contract amendment.

Need more information about the best way to sell your property?

Contact Phoenix Homes, LLC. They are amazing cash investors who exist to give run-down homes a second chance. They will provide free advise on the best way to sell your property.