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Any advice on how to QUICKLY sell a house? Like to a contractor or something?

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BikerGrl
Merry Christmas!

Member since 5/05

2899 total posts

Name:
It's not the destination....it's the journey!

Any advice on how to QUICKLY sell a house? Like to a contractor or something?

We just want outChat Icon

We took over his parents house last year. We did an in family transfer because they were in so much debt. Our intention was to renovate this year & make a legal mother daughter.

But circumstances with them have changed our minds. They have been less then cooperative in cleaning up & getting rid of the junk. They don't even clean up the kitchen or bathroom after themselves on a daily basis.Chat Icon

We just want to sell it & be doneChat Icon

Posted 4/1/07 12:17 AM
 
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MrsERod
McSame ol'stuff, different day

Member since 5/05

24277 total posts

Name:
MrsERod™®

Re: Any advice on how to QUICKLY sell a house? Like to a contractor or something?

Price it right, and it will sell

i'm sorry you're having a rough time with your IL's Chat Icon

Posted 4/1/07 12:24 AM
 

BikerGrl
Merry Christmas!

Member since 5/05

2899 total posts

Name:
It's not the destination....it's the journey!

Re: Any advice on how to QUICKLY sell a house? Like to a contractor or something?

Pricing it right would be an option if I thought anyone would buy itChat Icon It's in REALLY bad shape. The house is run down to say the least. Picture like a forclosure. Nothing it doesn't need........kitchen is falling apart, bathroom needs more the updating, electric, plumbing, insulation, windows (ALL of them), hot water tank & the list could go on!

The best parts of the house are the basement (because we renovated it 5 years ago to make a apartment....it has no bathroom & it does not have an outside entrance) and the yard. We redid the yard last summer with a new back step & patio (in pavers) & a new PVC fence.


I half think to get them to straighten it up would be such a struggle. Then the other half thinks that who the h e l l would look at this house & buy it Chat Icon

Posted 4/1/07 12:30 AM
 

danielleandscott
1973 Mercury Cougar

Member since 5/05

10100 total posts

Name:

Re: Any advice on how to QUICKLY sell a house? Like to a contractor or something?

Where is the house located?

Posted 4/1/07 8:20 AM
 

KellyFG
Say no to toxic chemicals

Member since 11/05

4346 total posts

Name:
Eco-chic

Re: Any advice on how to QUICKLY sell a house? Like to a contractor or something?

What town is it in? We buy houses like that as investments. How many BR's & baths?
Sorry things are not working out.

Posted 4/1/07 8:57 AM
 

BikerGrl
Merry Christmas!

Member since 5/05

2899 total posts

Name:
It's not the destination....it's the journey!

Re: Any advice on how to QUICKLY sell a house? Like to a contractor or something?

Massapequa Park
4 Bedroom Cape (not dormered)
1 Bathroom


Me too as far as things not working. We would love to stay..........but to get his parents their own place & keep the house ourselves I think is completely unaffordable. It needs major renovatingChat Icon

Posted 4/1/07 12:43 PM
 

SweetTooth
Boy AND Girl on the way!

Member since 12/05

9891 total posts

Name:
Lauren

Re: Any advice on how to QUICKLY sell a house? Like to a contractor or something?

If it is priced right it will sell.. .there are people who looked to buy properties in need of renovating for investments. There are some who also want to buy properties like that to renovate and live in themselves.

Posted 4/1/07 1:06 PM
 

BikerGrl
Merry Christmas!

Member since 5/05

2899 total posts

Name:
It's not the destination....it's the journey!

Re: Any advice on how to QUICKLY sell a house? Like to a contractor or something?

Thanks everyone!

We would LOVE to stay. But I can't figure financially how we could give them the $ they should have gotten from selling the house if they had done that instead of transferring to our names, renovate to make it livable for us & still afford it.

I know we are capable of doing a lot of the work ourselves, but I feel like a ticking time bomb..........DH graduates in May with his Masters & I want to TTC startingthis summer. I will NOT compromise on that anymore..............I have waited long enough for that!

And I know how long renovating a house the right way could take.........being pregnant & doing all that at he same time would crazy I think besides the $ issueChat Icon

Posted 4/1/07 1:26 PM
 

cpanyc
We are blessed!!

Member since 5/06

2909 total posts

Name:
I'm a Mommy!!

Re: Any advice on how to QUICKLY sell a house? Like to a contractor or something?

LOTS of people are looking for fixer-uppers, if they are priced right. A house that needs alot of work doesn't scare off everyone, the price just needs to reflect all the work that needs to be done. Good Luck!

Posted 4/1/07 1:38 PM
 

melijane
Thank you!!!!!

Member since 5/05

8604 total posts

Name:
Melissa

Re: Any advice on how to QUICKLY sell a house? Like to a contractor or something?

I would list it around 10,000 less than the avg asking price and list it as as-is, perfect for investor.

Posted 4/1/07 2:19 PM
 

KellyFG
Say no to toxic chemicals

Member since 11/05

4346 total posts

Name:
Eco-chic

Re: Any advice on how to QUICKLY sell a house? Like to a contractor or something?

there are a few wholesale buyers on LI that will buy it in one day if you are willing to let it go at a super low price.
You can also have a one day auction. set a reserve & start the bidding at $250,000. however if you want to sell it fast in the condition its in, the reserve price will have to be way below that appraisal. chances are it wouldn't appraise for that much today just based on the current market.
I talked to my DH & we would need to buy it for so much less than your appraised amount in order to make it work.
Do any of the neighbors know you're thinking of selling?
Often nice little neighborhoods like yours have lots of family members waiting for a fixer to become avaiable. You might be able to make a quick private deal to a neighbor's relative.family matters always complicate things, I hope things work out well for you & your DH.
Chat Icon

Posted 4/1/07 3:37 PM
 
 

 

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