Do you want to sell your house without any cost in Hawaii? In our latest post, we will share with you several ways to not only save money but to sell without any cost at all. Keep reading to learn more about what we can offer you!
If you have listed a Hawaii house in the past, you know that it can be an expensive and time-consuming process, regardless of whether your property sells successfully or not. Depending on the property and situation, home sellers in Hawaii often face a litany of costs when putting their homes on the MLS, i.e. selling your Hawaii house the traditional way. Listing your home can require you to make repairs, do excessive cleaning, de-clutter or de-junk the property market, stage, and prepare the property for open houses and showings. That’s not to say you shouldn’t sell it this way…..for some sellers, yes, list with an agent. For others, though, perhaps a direct sale to a company in Hawaii that buys houses…. like us….. is a better alternative. Keep reading…..
Whether you choose to work with a direct buyer like us or list the property on the Hawaii MLS, in order to avoid costs, you will want to sell your property “as is” (as opposed to putting money into repairs, renovations, or upgrades). Usually, this means selling the house quickly to an investor or to a private buyer. While you can still opt to list your property, houses that show deferred maintenance or needed repairs usually don’t present well in photographs and don’t appeal well to the general buying public which means longer holding times. Most home shoppers these days want move-in ready homes or close to it instead of one that’s going to force them to manage a contractor, pick out finishes and come out of pocket only to move in two months later. And remember, this extra holding time while you’re waiting for a buyer who’s ok with an older home or fixer upper will cost you in extra mortgage payments, taxes, utilities and insurance, not to mention the opportunity cost of what’s waiting for you after your sale.
Finding The Right Buyer
Not all buyers are up for making repairs. If your house needs some work, you will need to find people up for the task. Houses that aren’t visually appealing don’t do as well on the MLS. Pictures are the first thing people see, so a run-down house isn’t going to look as appealing as the turnkey property next door. If you are selling your house as-is, without making repairs or upgrades, you’ll need to find a buyer who is ready to take on the challenge. Local Hawaii investors can help you by purchasing your property outright without any hassles or hang-ups. Just keep in mind that not all investors are the same. Some won’t be able to follow through on their offers and some won’t make realistic offers at all. That’s not the case with Oahu Home Buyers! When you sell your house to us directly, you will be able to avoid commissions, repair costs, and many other expenses Hawaii homeowners face when selling their properties. Plus, you will never have to worry about the sale falling through at the last minute.
Where You Can Save
There are numerous costs home sellers face when listing their house for sale on the MLS. Most houses require repairs and possibly upgrades to stay competitive with others on the market – always remember you have competition with your neighbors who are also trying to sell. Some homeowners choose to decorate or stage their home to make it more appealing for photos and showings – statistics show this can help (of course it will cost you a few thousand dollars, in most cases). There are continued holding costs while the house sits on the market for things like utilities, maintenance, insurance, and taxes. Then, when the house does eventually sell, the homeowner will have to pay the normal agent fees and commissions, which will likely total thousands of dollars, especially in an expensive market like Hawaii. Also, when you are dealing with private buyers you market for yourself, you should be prepared for negotiations after the inspections and appraisals have been completed. And if your buyer is using financing, the house needs to appraise high enough in order for their loan to be approved or the whole thing falls apart. All of these costs can add up to a tidy sum. Many home sellers walk away with much less then they had originally intended when listing a house in Hawaii. With a fast and direct sale to Oahu Home Buyers, all of the aforementioned costs can be avoided (since we buy as-is and pick up the closing costs), helping you to sell your house without any costs out of your pocket.
If you are able to find a buyer who can close quickly on your property, you will potentially be able to save tens of thousands of dollars. The costs of owning a house add up very quickly, especially in Hawaii. Ask any Hawaii real estate investor and they will tell you that the longer you hold a property, the more it is ultimately costing you at the end of the day. If you list your house, it could take months before all is said and done – not every property flies off the shelves in Hawaii despite what you may have heard. But with a fast and direct sale, without agents or lenders, you can immediately be free of the property’s financial obligations. There will be no more taxes, homeowners insurance premiums, utility bills, or maintenance costs.
By working with Oahu Home Buyers, you won’t have to pay for repairs, cleaning, marketing, staging, or any more holding costs. You will receive a closing on your timeline, providing you with your cash right away for your Hawaii house.